LITUS AKVA AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

437,5 %

Current Ratio

2,23

Debt-to-Equity Ratio

−40,63

Key figures (NOK)	2022	2021	2020
Revenue	5 238 000	3 537 000	0
Net Income	−70 000	52 000	−25 000
Total Assets	1 094 000	1 440 000	4 000
Total Equity	−16 000	54 000	3 000

Income (NOK)	2022	2021	2020
Revenue	5 238 000	3 537 000	0
Expenditure	5 309 000	3 468 000	25 000
Operating Profit	−71 000	69 000	−25 000
Financial Income	1 000	9 000	0
Financial Costs	1 000	12 000	0
Financial Balance	0	−3 000	0
Earnings Before Tax	−70 000	66 000	−25 000
Tax	0	15 000	0
Net Income	−70 000	52 000	−25 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	72 000	0	0
Total Current Assets	1 022 000	1 440 000	4 000
Total Assets	1 094 000	1 440 000	4 000
Total Retained Equity	−44 000	27 000	−25 000
Total Equity	−16 000	54 000	3 000
Total Long-Term Debt	650 000	650 000	0
Total Current Debt	459 000	735 000	1 000
Total Equity and Debt	1 094 000	1 440 000	4 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 238 000	2 887 000	0
Other Income	0	650 000	0
Revenue	5 238 000	3 537 000	0
Cost of Goods Sold	3 499 000	1 470 000	0
Salary Costs	1 436 000	986 000	0
Depreciation	18 000	0	0
Impairment	0	0	0
Expenditure	5 309 000	3 468 000	25 000
Operating Profit	−71 000	69 000	−25 000
Financial Income	1 000	9 000	0
Financial Costs	1 000	12 000	0
Financial Balance	0	−3 000	0
Dividends	0	0	0
Net Income	−70 000	52 000	−25 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	40 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	32 000	0	0
Total Tangible Assets	32 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	72 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	958 000	917 000	4 000
Total Current Assets	1 022 000	1 440 000	4 000
Total Assets	1 094 000	1 440 000	4 000
Total Equity	−16 000	54 000	3 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	650 000	650 000	0
Creditors	125 000	453 000	0
Unpaid Taxes	240 000	180 000	0
Dividends	0	0	0
Other Current Debt	94 000	88 000	1 000
Total Current Debt	459 000	735 000	1 000
Total Equity and Debt	1 094 000	1 440 000	4 000

Financial indicators	2022	2021	2020
Return on Equity	437,5 %	96,3 %	−833,33 %
Debt-to-Equity Ratio	−40,63	12,04	0
Operating Profit Margin	−1,36 %	1,95 %	-
Current Ratio	2,23	1,96	4
Quick Ratio	2,23	1,96	4
Equity Ratio	−0,01	0,04	0,75
Gross Profit Margin	33,2 %	58,44 %	-