LETSEA AS

8827 DØNNA

Finances

Return on Equity

28,75 %

Current Ratio

4,39

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	623 856 000	457 675 000	246 475 000	76 951 000
Net Income	50 275 000	16 731 000	2 462 000	5 219 000
Total Assets	321 891 000	347 788 000	207 189 000	129 171 000
Total Equity	174 856 000	144 587 000	127 856 000	78 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	623 856 000	457 675 000	246 475 000	76 951 000
Expenditure	543 114 000	438 272 000	247 069 000	69 921 000
Operating Profit	64 835 000	31 947 000	−3 907 000	2 305 000
Financial Income	2 757 000	1 561 000	9 018 000	5 050 000
Financial Costs	4 381 000	12 918 000	2 471 000	1 451 000
Financial Balance	−1 624 000	−11 357 000	6 547 000	3 599 000
Earnings Before Tax	63 211 000	20 591 000	2 640 000	5 904 000
Tax	12 935 000	3 860 000	179 000	686 000
Net Income	50 275 000	16 731 000	2 462 000	5 219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 235 000	153 463 000	95 125 000	105 302 000
Total Current Assets	181 656 000	194 325 000	112 063 000	23 869 000
Total Assets	321 891 000	347 788 000	207 189 000	129 171 000
Total Retained Equity	166 124 000	135 855 000	119 124 000	69 932 000
Total Equity	174 856 000	144 587 000	127 856 000	78 664 000
Total Long-Term Debt	105 672 000	127 258 000	59 297 000	32 590 000
Total Current Debt	41 362 000	75 943 000	20 035 000	17 917 000
Total Equity and Debt	321 891 000	347 788 000	207 189 000	129 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	604 012 000	442 662 000	242 595 000	71 918 000
Other Income	19 845 000	15 013 000	3 880 000	5 033 000
Revenue	623 856 000	457 675 000	246 475 000	76 951 000
Cost of Goods Sold	423 399 000	330 500 000	159 385 000	6 982 000
Salary Costs	53 795 000	45 024 000	38 282 000	32 177 000
Depreciation	23 943 000	24 481 000	18 344 000	9 959 000
Impairment	0	0	0	0
Expenditure	543 114 000	438 272 000	247 069 000	69 921 000
Operating Profit	64 835 000	31 947 000	−3 907 000	2 305 000
Financial Income	2 757 000	1 561 000	9 018 000	5 050 000
Financial Costs	4 381 000	12 918 000	2 471 000	1 451 000
Financial Balance	−1 624 000	−11 357 000	6 547 000	3 599 000
Dividends	20 006 000	0	0	0
Net Income	50 275 000	16 731 000	2 462 000	5 219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000 000	1 000 000	1 000 000	1 000 000
Real Eastate	14 688 000	11 917 000	12 963 000	5 538 000
Machinery and Plant Facilities	106 579 000	122 711 000	64 962 000	25 073 000
Fixtures	1 028 000	926 000	644 000	5 238 000
Total Tangible Assets	126 586 000	139 844 000	81 506 000	42 459 000
Total Fiancial Fixed Assets	12 649 000	12 619 000	12 619 000	61 843 000
Total Fixed Assets	140 235 000	153 463 000	95 125 000	105 302 000
Stock	27 720 000	50 955 000	24 337 000	5 073 000
Total Investments	10 000	10 000	0	0
Cash, Bank	107 993 000	70 882 000	29 964 000	2 443 000
Total Current Assets	181 656 000	194 325 000	112 063 000	23 869 000
Total Assets	321 891 000	347 788 000	207 189 000	129 171 000
Total Equity	174 856 000	144 587 000	127 856 000	78 664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	105 672 000	127 258 000	59 297 000	32 590 000
Creditors	12 699 000	50 721 000	7 965 000	2 887 000
Unpaid Taxes	2 835 000	2 364 000	2 196 000	3 022 000
Dividends	20 006 000	0	0	0
Other Current Debt	12 949 000	22 857 000	9 874 000	12 007 000
Total Current Debt	41 362 000	75 943 000	20 035 000	17 917 000
Total Equity and Debt	321 891 000	347 788 000	207 189 000	129 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,75 %	11,57 %	1,93 %	6,63 %
Debt-to-Equity Ratio	0,6	0,88	0,46	0,41
Operating Profit Margin	10,39 %	6,98 %	−1,59 %	3 %
Current Ratio	4,39	2,56	5,59	1,33
Quick Ratio	13,32	7,78	−26,05	1,86
Equity Ratio	0,54	0,42	0,62	0,61
Gross Profit Margin	32,13 %	27,79 %	35,33 %	90,93 %