LETTVINTVEIEN 29 AS

0487 OSLO

Finances

Share Ownership

Return on Equity

90,83 %

Current Ratio

1,18

Debt-to-Equity Ratio

22,4

Key figures (NOK)	2022	2021	2020
Revenue	1 461 000	1 251 000	300 000
Net Income	624 000	488 000	177 000
Total Assets	17 035 000	16 766 000	16 643 000
Total Equity	687 000	694 000	207 000

Income (NOK)	2022	2021	2020
Revenue	1 461 000	1 251 000	300 000
Expenditure	336 000	371 000	38 000
Operating Profit	1 125 000	880 000	261 000
Financial Income	0	0	0
Financial Costs	325 000	255 000	35 000
Financial Balance	−325 000	−255 000	−35 000
Earnings Before Tax	800 000	625 000	227 000
Tax	176 000	138 000	50 000
Net Income	624 000	488 000	177 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	15 904 000	16 133 000	16 363 000
Total Current Assets	1 131 000	633 000	280 000
Total Assets	17 035 000	16 766 000	16 643 000
Total Retained Equity	657 000	664 000	177 000
Total Equity	687 000	694 000	207 000
Total Long-Term Debt	15 392 000	15 925 000	16 428 000
Total Current Debt	956 000	146 000	8 000
Total Equity and Debt	17 035 000	16 766 000	16 643 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 461 000	1 251 000	300 000
Revenue	1 461 000	1 251 000	300 000
Cost of Goods Sold	0	134 000	0
Salary Costs	0	0	0
Depreciation	230 000	230 000	38 000
Impairment	0	0	0
Expenditure	336 000	371 000	38 000
Operating Profit	1 125 000	880 000	261 000
Financial Income	0	0	0
Financial Costs	325 000	255 000	35 000
Financial Balance	−325 000	−255 000	−35 000
Dividends	0	0	0
Net Income	624 000	488 000	177 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	15 904 000	16 133 000	16 363 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	15 904 000	16 133 000	16 363 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	15 904 000	16 133 000	16 363 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	16 000	223 000	280 000
Total Current Assets	1 131 000	633 000	280 000
Total Assets	17 035 000	16 766 000	16 643 000
Total Equity	687 000	694 000	207 000
Short-Term Group Debt	809 000	0	0
Total Long-Term Debt	15 392 000	15 925 000	16 428 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	8 000	8 000	0
Total Current Debt	956 000	146 000	8 000
Total Equity and Debt	17 035 000	16 766 000	16 643 000

Financial indicators	2022	2021	2020
Return on Equity	90,83 %	70,32 %	85,51 %
Debt-to-Equity Ratio	22,4	22,95	79,36
Operating Profit Margin	77 %	70,34 %	87 %
Current Ratio	1,18	4,34	35
Quick Ratio	1,18	4,34	35
Equity Ratio	0,04	0,04	0,01
Gross Profit Margin	100 %	89,29 %	100 %