LIETORVET SKO AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

−127,17 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 815 000	6 591 000	5 895 000	6 822 000
Net Income	−220 000	−15 000	−41 000	−94 000
Total Assets	2 719 000	2 720 000	2 546 000	2 827 000
Total Equity	173 000	393 000	408 000	449 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 815 000	6 591 000	5 895 000	6 822 000
Expenditure	7 097 000	6 610 000	5 949 000	6 946 000
Operating Profit	−282 000	−19 000	−54 000	−125 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	1 000	1 000	0	0
Financial Balance	0	−1 000	1 000	4 000
Earnings Before Tax	−282 000	−20 000	−52 000	−121 000
Tax	−62 000	−4 000	−12 000	−27 000
Net Income	−220 000	−15 000	−41 000	−94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	182 000	161 000	150 000
Total Current Assets	2 478 000	2 537 000	2 385 000	2 678 000
Total Assets	2 719 000	2 720 000	2 546 000	2 827 000
Total Retained Equity	0	0	0	0
Total Equity	173 000	393 000	408 000	449 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 547 000	2 327 000	2 138 000	2 378 000
Total Equity and Debt	2 719 000	2 720 000	2 546 000	2 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 815 000	6 591 000	5 895 000	6 822 000
Other Income	0	0	0	0
Revenue	6 815 000	6 591 000	5 895 000	6 822 000
Cost of Goods Sold	3 136 000	3 041 000	2 679 000	3 247 000
Salary Costs	1 796 000	1 667 000	1 614 000	1 785 000
Depreciation	3 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	7 097 000	6 610 000	5 949 000	6 946 000
Operating Profit	−282 000	−19 000	−54 000	−125 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	1 000	1 000	0	0
Financial Balance	0	−1 000	1 000	4 000
Dividends	0	0	0	0
Net Income	−220 000	−15 000	−41 000	−94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	228 000	166 000	161 000	150 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	17 000	0	0
Total Tangible Assets	13 000	17 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	241 000	182 000	161 000	150 000
Stock	2 293 000	1 818 000	2 089 000	2 074 000
Total Investments	0	0	0	0
Cash, Bank	177 000	700 000	257 000	603 000
Total Current Assets	2 478 000	2 537 000	2 385 000	2 678 000
Total Assets	2 719 000	2 720 000	2 546 000	2 827 000
Total Equity	173 000	393 000	408 000	449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 010 000	750 000	556 000	566 000
Unpaid Taxes	229 000	262 000	244 000	437 000
Dividends	0	0	0	0
Other Current Debt	1 308 000	1 315 000	1 337 000	1 375 000
Total Current Debt	2 547 000	2 327 000	2 138 000	2 378 000
Total Equity and Debt	2 719 000	2 720 000	2 546 000	2 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−127,17 %	−3,82 %	−10,05 %	−20,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,14 %	−0,29 %	−0,92 %	−1,83 %
Current Ratio	0,97	1,09	1,12	1,13
Quick Ratio	9,76	4,98	48,67	8,81
Equity Ratio	0,06	0,14	0,16	0,16
Gross Profit Margin	53,98 %	53,86 %	54,55 %	52,4 %