LETTLEID AS

1789 BERG I ØSTFOLD

Finances

Return on Equity

−133,49 %

Current Ratio

0,24

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020
Revenue	857 000	1 030 000	237 000
Net Income	−279 000	−77 000	−6 000
Total Assets	462 000	531 000	276 000
Total Equity	209 000	488 000	188 000

Income (NOK)	2022	2021	2020
Revenue	857 000	1 030 000	237 000
Expenditure	1 126 000	1 106 000	244 000
Operating Profit	−270 000	−76 000	−6 000
Financial Income	0	0	0
Financial Costs	10 000	1 000	0
Financial Balance	−10 000	−1 000	0
Earnings Before Tax	−279 000	−77 000	−6 000
Tax	0	0	0
Net Income	−279 000	−77 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	402 000	468 000	261 000
Total Current Assets	60 000	63 000	15 000
Total Assets	462 000	531 000	276 000
Total Retained Equity	−368 000	−83 000	−6 000
Total Equity	209 000	488 000	188 000
Total Long-Term Debt	7 000	7 000	0
Total Current Debt	246 000	36 000	88 000
Total Equity and Debt	462 000	531 000	276 000

Cash flow (NOK)	2022	2021	2020
Sales Income	857 000	977 000	237 000
Other Income	0	53 000	0
Revenue	857 000	1 030 000	237 000
Cost of Goods Sold	5 000	76 000	107 000
Salary Costs	1 000	4 000	10 000
Depreciation	36 000	33 000	22 000
Impairment	0	0	0
Expenditure	1 126 000	1 106 000	244 000
Operating Profit	−270 000	−76 000	−6 000
Financial Income	0	0	0
Financial Costs	10 000	1 000	0
Financial Balance	−10 000	−1 000	0
Dividends	0	0	0
Net Income	−279 000	−77 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	66 000	91 000	231 000
Fixtures	25 000	37 000	0
Total Tangible Assets	91 000	128 000	231 000
Total Fiancial Fixed Assets	311 000	340 000	30 000
Total Fixed Assets	402 000	468 000	261 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	7 000	5 000
Total Current Assets	60 000	63 000	15 000
Total Assets	462 000	531 000	276 000
Total Equity	209 000	488 000	188 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 000	7 000	0
Creditors	62 000	11 000	6 000
Unpaid Taxes	0	−17 000	0
Dividends	0	0	0
Other Current Debt	47 000	42 000	83 000
Total Current Debt	246 000	36 000	88 000
Total Equity and Debt	462 000	531 000	276 000

Financial indicators	2022	2021	2020
Return on Equity	−133,49 %	−15,78 %	−3,19 %
Debt-to-Equity Ratio	0,03	0,01	0
Operating Profit Margin	−31,51 %	−7,38 %	−2,53 %
Current Ratio	0,24	1,75	0,17
Quick Ratio	0,24	1,75	0,17
Equity Ratio	0,45	0,92	0,68
Gross Profit Margin	99,42 %	92,62 %	54,85 %