LETENG AS

0680 OSLO

Finances

Share Ownership

Return on Equity

88,62 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	68 604 000	77 529 000	86 803 000	80 721 000
Net Income	1 798 000	5 476 000	7 826 000	4 385 000
Total Assets	20 588 000	24 573 000	27 147 000	26 289 000
Total Equity	2 029 000	7 231 000	5 755 000	9 629 000

Income (NOK)	2023	2022	2021	2020
Revenue	68 604 000	77 529 000	86 803 000	80 721 000
Expenditure	65 711 000	70 206 000	77 486 000	74 271 000
Operating Profit	2 892 000	7 322 000	9 317 000	6 450 000
Financial Income	518 000	433 000	1 555 000	304 000
Financial Costs	1 077 000	729 000	827 000	1 123 000
Financial Balance	−559 000	−296 000	728 000	−819 000
Earnings Before Tax	2 332 000	7 026 000	10 044 000	5 630 000
Tax	534 000	1 551 000	2 218 000	1 245 000
Net Income	1 798 000	5 476 000	7 826 000	4 385 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	463 000	576 000	844 000	583 000
Total Current Assets	20 125 000	23 996 000	26 303 000	25 706 000
Total Assets	20 588 000	24 573 000	27 147 000	26 289 000
Total Retained Equity	−3 269 000	1 933 000	457 000	8 264 000
Total Equity	2 029 000	7 231 000	5 755 000	9 629 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 560 000	17 342 000	21 392 000	16 660 000
Total Equity and Debt	20 588 000	24 573 000	27 147 000	26 289 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	69 464 000	78 288 000	87 428 000	81 253 000
Other Income	−860 000	−759 000	−625 000	−532 000
Revenue	68 604 000	77 529 000	86 803 000	80 721 000
Cost of Goods Sold	43 183 000	47 460 000	55 272 000	50 491 000
Salary Costs	13 348 000	13 764 000	13 834 000	15 298 000
Depreciation	239 000	249 000	158 000	145 000
Impairment	0	0	0	0
Expenditure	65 711 000	70 206 000	77 486 000	74 271 000
Operating Profit	2 892 000	7 322 000	9 317 000	6 450 000
Financial Income	518 000	433 000	1 555 000	304 000
Financial Costs	1 077 000	729 000	827 000	1 123 000
Financial Balance	−559 000	−296 000	728 000	−819 000
Dividends	7 000 000	4 000 000	11 700 000	0
Net Income	1 798 000	5 476 000	7 826 000	4 385 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	105 000	62 000	109 000	128 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	358 000	514 000	735 000	454 000
Total Tangible Assets	358 000	514 000	735 000	454 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	463 000	576 000	844 000	583 000
Stock	7 034 000	8 528 000	8 310 000	8 098 000
Total Investments	0	0	0	0
Cash, Bank	3 940 000	7 014 000	7 623 000	4 395 000
Total Current Assets	20 125 000	23 996 000	26 303 000	25 706 000
Total Assets	20 588 000	24 573 000	27 147 000	26 289 000
Total Equity	2 029 000	7 231 000	5 755 000	9 629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 143 000	5 353 000	5 207 000	7 255 000
Unpaid Taxes	3 544 000	3 887 000	4 341 000	4 439 000
Dividends	7 000 000	4 000 000	11 700 000	0
Other Current Debt	1 878 000	1 642 000	2 674 000	2 216 000
Total Current Debt	18 560 000	17 342 000	21 392 000	16 660 000
Total Equity and Debt	20 588 000	24 573 000	27 147 000	26 289 000

Financial indicators	2023	2022	2021	2020
Return on Equity	88,62 %	75,73 %	135,99 %	45,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,22 %	9,44 %	10,73 %	7,99 %
Current Ratio	1,08	1,38	1,23	1,54
Quick Ratio	1,75	2,72	2,01	3
Equity Ratio	0,1	0,29	0,21	0,37
Gross Profit Margin	37,05 %	38,78 %	36,32 %	37,45 %