LTRUSTAD AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

59,87 %

Current Ratio

5,31

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 501 000	7 272 000	5 819 000	6 021 000
Net Income	2 083 000	1 296 000	893 000	808 000
Total Assets	4 460 000	2 489 000	2 339 000	1 981 000
Total Equity	3 479 000	1 396 000	100 000	1 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 501 000	7 272 000	5 819 000	6 021 000
Expenditure	1 836 000	5 612 000	4 675 000	4 989 000
Operating Profit	2 665 000	1 660 000	1 143 000	1 032 000
Financial Income	5 000	2 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	5 000	2 000	3 000	4 000
Earnings Before Tax	2 671 000	1 662 000	1 146 000	1 036 000
Tax	588 000	366 000	253 000	229 000
Net Income	2 083 000	1 296 000	893 000	808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 013 000	114 000	901 000	932 000
Total Current Assets	2 447 000	2 375 000	1 438 000	1 049 000
Total Assets	4 460 000	2 489 000	2 339 000	1 981 000
Total Retained Equity	3 379 000	1 296 000	0	913 000
Total Equity	3 479 000	1 396 000	100 000	1 013 000
Total Long-Term Debt	520 000	124 000	0	0
Total Current Debt	461 000	969 000	2 239 000	968 000
Total Equity and Debt	4 460 000	2 489 000	2 339 000	1 981 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 115 000	831 000	76 000	0
Other Income	2 386 000	6 441 000	5 743 000	6 021 000
Revenue	4 501 000	7 272 000	5 819 000	6 021 000
Cost of Goods Sold	14 000	652 000	514 000	484 000
Salary Costs	1 488 000	3 950 000	3 252 000	3 617 000
Depreciation	5 000	106 000	106 000	96 000
Impairment	0	0	0	0
Expenditure	1 836 000	5 612 000	4 675 000	4 989 000
Operating Profit	2 665 000	1 660 000	1 143 000	1 032 000
Financial Income	5 000	2 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	5 000	2 000	3 000	4 000
Dividends	0	0	1 306 000	0
Net Income	2 083 000	1 296 000	893 000	808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	12 000	7 000
Real Eastate	0	0	669 000	669 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	114 000	220 000	256 000
Total Tangible Assets	13 000	114 000	889 000	926 000
Total Fiancial Fixed Assets	2 000 000	0	0	0
Total Fixed Assets	2 013 000	114 000	901 000	932 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 257 000	2 314 000	1 307 000	935 000
Total Current Assets	2 447 000	2 375 000	1 438 000	1 049 000
Total Assets	4 460 000	2 489 000	2 339 000	1 981 000
Total Equity	3 479 000	1 396 000	100 000	1 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	520 000	124 000	0	0
Creditors	10 000	24 000	53 000	83 000
Unpaid Taxes	88 000	324 000	302 000	300 000
Dividends	0	0	1 306 000	0
Other Current Debt	172 000	391 000	320 000	354 000
Total Current Debt	461 000	969 000	2 239 000	968 000
Total Equity and Debt	4 460 000	2 489 000	2 339 000	1 981 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,87 %	92,84 %	893 %	79,76 %
Debt-to-Equity Ratio	0,15	0,09	0	0
Operating Profit Margin	59,21 %	22,83 %	19,64 %	17,14 %
Current Ratio	5,31	2,45	0,64	1,08
Quick Ratio	5,31	2,45	0,64	1,08
Equity Ratio	0,78	0,56	0,04	0,51
Gross Profit Margin	99,69 %	91,03 %	91,17 %	91,96 %