LETTEN FOUNDATION

0250 OSLO

Finances

Return on Equity

5,91 %

Current Ratio

48,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 566 000	7 367 000	4 486 000	6 998 000
Net Income	3 858 000	3 493 000	2 000	3 148 000
Total Assets	66 674 000	62 859 000	60 295 000	59 201 000
Total Equity	65 285 000	61 427 000	57 934 000	57 932 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 566 000	7 367 000	4 486 000	6 998 000
Expenditure	707 000	3 874 000	4 486 000	3 856 000
Operating Profit	3 858 000	3 493 000	0	3 142 000
Financial Income	0	0	2 000	6 000
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	6 000
Earnings Before Tax	3 858 000	3 493 000	2 000	3 148 000
Tax	0	0	0	0
Net Income	3 858 000	3 493 000	2 000	3 148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	2 046 000	2 046 000	2 546 000
Total Current Assets	66 659 000	60 813 000	58 249 000	56 655 000
Total Assets	66 674 000	62 859 000	60 295 000	59 201 000
Total Retained Equity	64 285 000	60 427 000	56 934 000	56 932 000
Total Equity	65 285 000	61 427 000	57 934 000	57 932 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 388 000	1 432 000	2 360 000	1 269 000
Total Equity and Debt	66 674 000	62 859 000	60 295 000	59 201 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	640 000	0	0	0
Other Income	3 926 000	7 367 000	4 486 000	6 998 000
Revenue	4 566 000	7 367 000	4 486 000	6 998 000
Cost of Goods Sold	0	0	0	0
Salary Costs	450 000	310 000	349 000	300 000
Depreciation	0	0	0	0
Impairment	0	0	500 000	730 000
Expenditure	707 000	3 874 000	4 486 000	3 856 000
Operating Profit	3 858 000	3 493 000	0	3 142 000
Financial Income	0	0	2 000	6 000
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	6 000
Dividends	0	0	0	0
Net Income	3 858 000	3 493 000	2 000	3 148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 046 000	2 046 000	2 546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	2 046 000	2 046 000	2 546 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	15 000	2 046 000	2 046 000	2 546 000
Stock	0	0	0	0
Total Investments	63 132 000	60 098 000	56 989 000	49 111 000
Cash, Bank	3 527 000	716 000	1 260 000	7 516 000
Total Current Assets	66 659 000	60 813 000	58 249 000	56 655 000
Total Assets	66 674 000	62 859 000	60 295 000	59 201 000
Total Equity	65 285 000	61 427 000	57 934 000	57 932 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	68 000	91 000	75 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 321 000	1 341 000	2 286 000	1 269 000
Total Current Debt	1 388 000	1 432 000	2 360 000	1 269 000
Total Equity and Debt	66 674 000	62 859 000	60 295 000	59 201 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,91 %	5,69 %	0 %	5,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	84,49 %	47,41 %	0 %	44,9 %
Current Ratio	48,03	42,47	24,68	44,65
Quick Ratio	48,03	42,47	24,68	44,65
Equity Ratio	0,98	0,98	0,96	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %