LIFT TECH AS

6011 ÅLESUND

Finances

Share Ownership

Return on Equity

14,52 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 425 000	28 846 000	26 213 000	24 263 000
Net Income	580 000	972 000	−449 000	327 000
Total Assets	11 027 000	8 227 000	9 234 000	8 986 000
Total Equity	3 994 000	3 414 000	2 532 000	2 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 425 000	28 846 000	26 213 000	24 263 000
Expenditure	26 609 000	27 535 000	26 667 000	23 816 000
Operating Profit	815 000	1 311 000	−454 000	447 000
Financial Income	14 000	15 000	−51 000	29 000
Financial Costs	83 000	80 000	70 000	57 000
Financial Balance	−69 000	−65 000	−121 000	−28 000
Earnings Before Tax	746 000	1 246 000	−576 000	419 000
Tax	166 000	274 000	−127 000	92 000
Net Income	580 000	972 000	−449 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	102 000	220 000	107 000
Total Current Assets	10 951 000	8 125 000	9 014 000	8 878 000
Total Assets	11 027 000	8 227 000	9 234 000	8 986 000
Total Retained Equity	2 914 000	2 334 000	1 452 000	1 901 000
Total Equity	3 994 000	3 414 000	2 532 000	2 981 000
Total Long-Term Debt	24 000	66 000	86 000	37 000
Total Current Debt	7 008 000	4 747 000	6 616 000	5 967 000
Total Equity and Debt	11 027 000	8 227 000	9 234 000	8 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 425 000	28 141 000	26 177 000	24 263 000
Other Income	0	706 000	36 000	0
Revenue	27 425 000	28 846 000	26 213 000	24 263 000
Cost of Goods Sold	11 435 000	13 261 000	12 215 000	10 367 000
Salary Costs	11 988 000	10 996 000	11 233 000	10 550 000
Depreciation	60 000	60 000	57 000	75 000
Impairment	0	0	0	0
Expenditure	26 609 000	27 535 000	26 667 000	23 816 000
Operating Profit	815 000	1 311 000	−454 000	447 000
Financial Income	14 000	15 000	−51 000	29 000
Financial Costs	83 000	80 000	70 000	57 000
Financial Balance	−69 000	−65 000	−121 000	−28 000
Dividends	0	90 000	0	0
Net Income	580 000	972 000	−449 000	327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	0	44 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	102 000	177 000	107 000
Total Tangible Assets	42 000	102 000	177 000	107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 000	102 000	220 000	107 000
Stock	4 413 000	4 127 000	4 377 000	4 347 000
Total Investments	0	0	0	0
Cash, Bank	3 900 000	852 000	428 000	441 000
Total Current Assets	10 951 000	8 125 000	9 014 000	8 878 000
Total Assets	11 027 000	8 227 000	9 234 000	8 986 000
Total Equity	3 994 000	3 414 000	2 532 000	2 981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	66 000	86 000	37 000
Creditors	1 229 000	502 000	146 000	663 000
Unpaid Taxes	2 337 000	1 604 000	1 937 000	2 028 000
Dividends	0	90 000	0	0
Other Current Debt	3 232 000	2 332 000	3 347 000	3 217 000
Total Current Debt	7 008 000	4 747 000	6 616 000	5 967 000
Total Equity and Debt	11 027 000	8 227 000	9 234 000	8 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,52 %	28,47 %	−17,73 %	10,97 %
Debt-to-Equity Ratio	0,01	0,02	0,03	0,01
Operating Profit Margin	2,97 %	4,54 %	−1,73 %	1,84 %
Current Ratio	1,56	1,71	1,36	1,49
Quick Ratio	4,22	13,1	4,03	5,48
Equity Ratio	0,36	0,41	0,27	0,33
Gross Profit Margin	58,3 %	54,03 %	53,4 %	57,27 %