LT TECH AS

9016 TROMSØ

Finances

Share Ownership

Return on Equity

−5,56 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 026 000	71 332 000	105 052 000	160 065 000
Net Income	−589 000	−30 861 000	−4 072 000	−5 330 000
Total Assets	47 064 000	59 317 000	75 546 000	90 998 000
Total Equity	10 603 000	10 274 000	27 509 000	28 920 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 026 000	71 332 000	105 052 000	160 065 000
Expenditure	59 230 000	105 166 000	107 732 000	166 636 000
Operating Profit	−1 203 000	−33 834 000	−2 680 000	−6 571 000
Financial Income	200 000	155 000	1 498 000	366 000
Financial Costs	299 000	185 000	2 443 000	661 000
Financial Balance	−99 000	−30 000	−945 000	−295 000
Earnings Before Tax	−1 302 000	−33 864 000	−3 625 000	−6 866 000
Tax	−712 000	−3 003 000	448 000	−1 536 000
Net Income	−589 000	−30 861 000	−4 072 000	−5 330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 658 000	1 029 000	24 805 000	26 741 000
Total Current Assets	44 405 000	58 288 000	50 741 000	64 257 000
Total Assets	47 064 000	59 317 000	75 546 000	90 998 000
Total Retained Equity	455 000	0	1 645 000	5 717 000
Total Equity	10 603 000	10 274 000	27 509 000	28 920 000
Total Long-Term Debt	0	946 000	4 333 000	3 086 000
Total Current Debt	36 461 000	48 096 000	43 705 000	58 992 000
Total Equity and Debt	47 064 000	59 316 000	75 546 000	90 998 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 926 000	69 946 000	104 626 000	158 694 000
Other Income	100 000	1 386 000	426 000	1 371 000
Revenue	58 026 000	71 332 000	105 052 000	160 065 000
Cost of Goods Sold	23 116 000	25 942 000	42 339 000	65 379 000
Salary Costs	24 421 000	65 221 000	49 165 000	73 524 000
Depreciation	170 000	613 000	671 000	1 115 000
Impairment	0	0	0	0
Expenditure	59 230 000	105 166 000	107 732 000	166 636 000
Operating Profit	−1 203 000	−33 834 000	−2 680 000	−6 571 000
Financial Income	200 000	155 000	1 498 000	366 000
Financial Costs	299 000	185 000	2 443 000	661 000
Financial Balance	−99 000	−30 000	−945 000	−295 000
Dividends	0	0	0	0
Net Income	−589 000	−30 861 000	−4 072 000	−5 330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 605 000	806 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	53 000	223 000	4 263 000	0
Fixtures	0	0	0	4 912 000
Total Tangible Assets	53 000	223 000	4 263 000	4 912 000
Total Fiancial Fixed Assets	0	0	20 542 000	21 829 000
Total Fixed Assets	2 658 000	1 029 000	24 805 000	26 741 000
Stock	3 405 000	6 426 000	12 898 000	13 900 000
Total Investments	0	0	0	0
Cash, Bank	2 175 000	3 708 000	2 761 000	6 211 000
Total Current Assets	44 405 000	58 288 000	50 741 000	64 257 000
Total Assets	47 064 000	59 317 000	75 546 000	90 998 000
Total Equity	10 603 000	10 274 000	27 509 000	28 920 000
Short-Term Group Debt	28 805 000	36 645 000	29 501 000	39 587 000
Total Long-Term Debt	0	946 000	4 333 000	3 086 000
Creditors	2 834 000	4 176 000	5 584 000	7 137 000
Unpaid Taxes	977 000	2 613 000	3 251 000	3 138 000
Dividends	0	0	0	0
Other Current Debt	3 845 000	4 662 000	5 369 000	9 036 000
Total Current Debt	36 461 000	48 096 000	43 705 000	58 992 000
Total Equity and Debt	47 064 000	59 316 000	75 546 000	90 998 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,56 %	−300,38 %	−14,8 %	−18,43 %
Debt-to-Equity Ratio	0	0,09	0,16	0,11
Operating Profit Margin	−2,07 %	−47,43 %	−2,55 %	−4,11 %
Current Ratio	1,22	1,21	1,16	1,09
Quick Ratio	1,34	1,4	1,65	1,43
Equity Ratio	0,23	0,17	0,36	0,32
Gross Profit Margin	60,16 %	63,63 %	59,7 %	59,15 %