LETNES ARKITEKTKONTOR AS

7650 VERDAL

Finances

Share Ownership

Return on Equity

410,7 %

Current Ratio

0,98

Debt-to-Equity Ratio

−0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 107 000	7 001 000	5 970 000	6 422 000
Net Income	−768 000	355 000	−215 000	−986 000
Total Assets	1 547 000	2 014 000	1 695 000	2 044 000
Total Equity	−187 000	580 000	226 000	441 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 107 000	7 001 000	5 970 000	6 422 000
Expenditure	6 841 000	6 624 000	6 135 000	6 963 000
Operating Profit	−734 000	376 000	−165 000	−541 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	36 000	22 000	51 000	51 000
Financial Balance	−34 000	−21 000	−51 000	−50 000
Earnings Before Tax	−768 000	355 000	−215 000	−592 000
Tax	0	0	0	394 000
Net Income	−768 000	355 000	−215 000	−986 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	56 000	13 000	18 000
Total Current Assets	1 546 000	1 958 000	1 682 000	2 026 000
Total Assets	1 547 000	2 014 000	1 695 000	2 044 000
Total Retained Equity	−387 000	380 000	26 000	241 000
Total Equity	−187 000	580 000	226 000	441 000
Total Long-Term Debt	150 000	50 000	50 000	300 000
Total Current Debt	1 585 000	1 384 000	1 420 000	1 303 000
Total Equity and Debt	1 547 000	2 014 000	1 695 000	2 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 950 000	6 850 000	5 813 000	6 291 000
Other Income	157 000	150 000	158 000	131 000
Revenue	6 107 000	7 001 000	5 970 000	6 422 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 193 000	5 160 000	4 402 000	4 453 000
Depreciation	45 000	9 000	5 000	8 000
Impairment	0	0	0	0
Expenditure	6 841 000	6 624 000	6 135 000	6 963 000
Operating Profit	−734 000	376 000	−165 000	−541 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	36 000	22 000	51 000	51 000
Financial Balance	−34 000	−21 000	−51 000	−50 000
Dividends	0	0	0	0
Net Income	−768 000	355 000	−215 000	−986 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	45 000	2 000	7 000
Fixtures	0	0	0	0
Total Tangible Assets	0	45 000	2 000	7 000
Total Fiancial Fixed Assets	1 000	11 000	11 000	11 000
Total Fixed Assets	1 000	56 000	13 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	833 000	159 000	151 000
Total Current Assets	1 546 000	1 958 000	1 682 000	2 026 000
Total Assets	1 547 000	2 014 000	1 695 000	2 044 000
Total Equity	−187 000	580 000	226 000	441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	50 000	50 000	300 000
Creditors	220 000	153 000	96 000	129 000
Unpaid Taxes	502 000	677 000	544 000	476 000
Dividends	0	0	0	0
Other Current Debt	505 000	553 000	426 000	425 000
Total Current Debt	1 585 000	1 384 000	1 420 000	1 303 000
Total Equity and Debt	1 547 000	2 014 000	1 695 000	2 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	410,7 %	61,21 %	−95,13 %	−223,58 %
Debt-to-Equity Ratio	−0,8	0,09	0,22	0,68
Operating Profit Margin	−12,02 %	5,37 %	−2,76 %	−8,42 %
Current Ratio	0,98	1,41	1,18	1,55
Quick Ratio	0,98	1,41	1,18	1,55
Equity Ratio	−0,12	0,29	0,13	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %