LETTBO 2 AS

7059 JAKOBSLI

Finances

Share Ownership

Return on Equity

18,49 %

Current Ratio

3,15

Debt-to-Equity Ratio

2,7

Key figures (NOK)	2022	2021	2020
Revenue	9 988 000	21 500 000	0
Net Income	397 000	2 000 000	−45 000
Total Assets	11 632 000	9 882 000	10 365 000
Total Equity	2 147 000	30 000	−15 000

Income (NOK)	2022	2021	2020
Revenue	9 988 000	21 500 000	0
Expenditure	9 342 000	18 711 000	0
Operating Profit	646 000	2 789 000	0
Financial Income	0	1 000	0
Financial Costs	137 000	225 000	57 000
Financial Balance	−137 000	−224 000	−57 000
Earnings Before Tax	509 000	2 564 000	−58 000
Tax	112 000	564 000	−13 000
Net Income	397 000	2 000 000	−45 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	13 000
Total Current Assets	11 632 000	9 882 000	10 352 000
Total Assets	11 632 000	9 882 000	10 365 000
Total Retained Equity	0	0	−45 000
Total Equity	2 147 000	30 000	−15 000
Total Long-Term Debt	5 794 000	0	8 050 000
Total Current Debt	3 690 000	9 852 000	2 330 000
Total Equity and Debt	11 632 000	9 882 000	10 365 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 900 000	21 500 000	0
Other Income	88 000	0	0
Revenue	9 988 000	21 500 000	0
Cost of Goods Sold	8 799 000	18 661 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	9 342 000	18 711 000	0
Operating Profit	646 000	2 789 000	0
Financial Income	0	1 000	0
Financial Costs	137 000	225 000	57 000
Financial Balance	−137 000	−224 000	−57 000
Dividends	0	0	0
Net Income	397 000	2 000 000	−45 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	13 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	13 000
Stock	11 607 000	8 668 000	10 257 000
Total Investments	0	0	0
Cash, Bank	25 000	2 000	96 000
Total Current Assets	11 632 000	9 882 000	10 352 000
Total Assets	11 632 000	9 882 000	10 365 000
Total Equity	2 147 000	30 000	−15 000
Short-Term Group Debt	3 306 000	2 506 000	2 330 000
Total Long-Term Debt	5 794 000	0	8 050 000
Creditors	64 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	321 000	2 018 000	0
Total Current Debt	3 690 000	9 852 000	2 330 000
Total Equity and Debt	11 632 000	9 882 000	10 365 000

Financial indicators	2022	2021	2020
Return on Equity	18,49 %	6 666,67 %	300 %
Debt-to-Equity Ratio	2,7	0	−536,67
Operating Profit Margin	6,47 %	12,97 %	-
Current Ratio	3,15	1	4,44
Quick Ratio	−1,47	8,35	−1,31
Equity Ratio	0,18	0	−0
Gross Profit Margin	11,9 %	13,2 %	-