LIFETEC AS

1357 BEKKESTUA

Finances

Return on Equity

66,42 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 089 000	9 844 000	11 104 000	10 258 000
Net Income	2 120 000	824 000	2 040 000	1 225 000
Total Assets	8 105 000	6 131 000	8 498 000	7 694 000
Total Equity	3 192 000	3 072 000	4 025 000	4 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 089 000	9 844 000	11 104 000	10 258 000
Expenditure	9 479 000	8 826 000	8 557 000	8 762 000
Operating Profit	2 610 000	1 018 000	2 547 000	1 496 000
Financial Income	58 000	35 000	62 000	64 000
Financial Costs	4 000	3 000	3 000	4 000
Financial Balance	54 000	32 000	59 000	60 000
Earnings Before Tax	2 665 000	1 050 000	2 606 000	1 556 000
Tax	544 000	226 000	566 000	331 000
Net Income	2 120 000	824 000	2 040 000	1 225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	61 000	77 000	104 000
Total Current Assets	8 013 000	6 070 000	8 421 000	7 590 000
Total Assets	8 105 000	6 131 000	8 498 000	7 694 000
Total Retained Equity	3 105 000	2 985 000	3 941 000	4 118 000
Total Equity	3 192 000	3 072 000	4 025 000	4 205 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 913 000	3 059 000	4 472 000	3 489 000
Total Equity and Debt	8 105 000	6 131 000	8 498 000	7 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 081 000	9 844 000	11 104 000	10 258 000
Other Income	8 000	0	0	0
Revenue	12 089 000	9 844 000	11 104 000	10 258 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 847 000	7 460 000	7 358 000	7 300 000
Depreciation	48 000	46 000	48 000	79 000
Impairment	0	0	0	0
Expenditure	9 479 000	8 826 000	8 557 000	8 762 000
Operating Profit	2 610 000	1 018 000	2 547 000	1 496 000
Financial Income	58 000	35 000	62 000	64 000
Financial Costs	4 000	3 000	3 000	4 000
Financial Balance	54 000	32 000	59 000	60 000
Dividends	2 000 000	2 000 000	2 000 000	1 200 000
Net Income	2 120 000	824 000	2 040 000	1 225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	61 000	77 000	104 000
Total Tangible Assets	55 000	61 000	77 000	104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	92 000	61 000	77 000	104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 127 000	3 012 000	4 983 000	4 613 000
Total Current Assets	8 013 000	6 070 000	8 421 000	7 590 000
Total Assets	8 105 000	6 131 000	8 498 000	7 694 000
Total Equity	3 192 000	3 072 000	4 025 000	4 205 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	109 000	58 000	95 000	86 000
Unpaid Taxes	1 383 000	917 000	1 045 000	1 114 000
Dividends	2 000 000	2 000 000	2 000 000	1 200 000
Other Current Debt	839 000	1 858 000	766 000	759 000
Total Current Debt	4 913 000	3 059 000	4 472 000	3 489 000
Total Equity and Debt	8 105 000	6 131 000	8 498 000	7 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,42 %	26,82 %	50,68 %	29,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,59 %	10,34 %	22,94 %	14,58 %
Current Ratio	1,63	1,98	1,88	2,18
Quick Ratio	1,63	1,98	1,88	2,18
Equity Ratio	0,39	0,5	0,47	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %