LETRADE AS

6020 ÅLESUND

Finances

Return on Equity

42,62 %

Current Ratio

68,93

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000	25 000	78 000	16 000
Net Income	1 297 000	1 028 000	481 000	469 000
Total Assets	9 419 000	10 540 000	10 582 000	14 310 000
Total Equity	3 043 000	1 746 000	1 478 000	4 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000	25 000	78 000	16 000
Expenditure	181 000	198 000	251 000	125 000
Operating Profit	−171 000	−173 000	−173 000	−109 000
Financial Income	1 924 000	1 684 000	1 005 000	993 000
Financial Costs	456 000	483 000	350 000	414 000
Financial Balance	1 468 000	1 201 000	655 000	579 000
Earnings Before Tax	1 297 000	1 028 000	481 000	469 000
Tax	0	0	0	0
Net Income	1 297 000	1 028 000	481 000	469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 524 000	6 719 000	7 133 000	7 459 000
Total Current Assets	2 895 000	3 821 000	3 450 000	6 851 000
Total Assets	9 419 000	10 540 000	10 582 000	14 310 000
Total Retained Equity	1 646 000	349 000	81 000	−1 682 000
Total Equity	3 043 000	1 746 000	1 478 000	4 898 000
Total Long-Term Debt	6 333 000	8 000 000	8 667 000	9 333 000
Total Current Debt	42 000	794 000	438 000	79 000
Total Equity and Debt	9 419 000	10 540 000	10 582 000	14 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	56 000	0
Other Income	10 000	25 000	23 000	16 000
Revenue	10 000	25 000	78 000	16 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	181 000	198 000	251 000	125 000
Operating Profit	−171 000	−173 000	−173 000	−109 000
Financial Income	1 924 000	1 684 000	1 005 000	993 000
Financial Costs	456 000	483 000	350 000	414 000
Financial Balance	1 468 000	1 201 000	655 000	579 000
Dividends	0	760 000	400 000	0
Net Income	1 297 000	1 028 000	481 000	469 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 524 000	6 719 000	7 133 000	7 459 000
Total Fixed Assets	6 524 000	6 719 000	7 133 000	7 459 000
Stock	0	0	0	0
Total Investments	368 000	296 000	0	0
Cash, Bank	1 561 000	2 750 000	2 788 000	6 118 000
Total Current Assets	2 895 000	3 821 000	3 450 000	6 851 000
Total Assets	9 419 000	10 540 000	10 582 000	14 310 000
Total Equity	3 043 000	1 746 000	1 478 000	4 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 333 000	8 000 000	8 667 000	9 333 000
Creditors	1 000	0	0	30 000
Unpaid Taxes	0	0	0	0
Dividends	0	760 000	400 000	0
Other Current Debt	41 000	34 000	38 000	49 000
Total Current Debt	42 000	794 000	438 000	79 000
Total Equity and Debt	9 419 000	10 540 000	10 582 000	14 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,62 %	58,88 %	32,54 %	9,58 %
Debt-to-Equity Ratio	2,08	4,58	5,86	1,91
Operating Profit Margin	−1 710 %	−692 %	−221,79 %	−681,25 %
Current Ratio	68,93	4,81	7,88	86,72
Quick Ratio	68,93	4,81	7,88	86,72
Equity Ratio	0,32	0,17	0,14	0,34
Gross Profit Margin	100 %	96 %	100 %	100 %