LANTECH AS

1067 OSLO

Finances

Share Ownership

Return on Equity

27,8 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 667 000	4 884 000	4 942 000	3 562 000
Net Income	87 000	2 000	38 000	31 000
Total Assets	1 301 000	919 000	893 000	786 000
Total Equity	313 000	319 000	317 000	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 667 000	4 884 000	4 942 000	3 562 000
Expenditure	5 551 000	4 864 000	4 889 000	3 519 000
Operating Profit	115 000	20 000	53 000	44 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	2 000	3 000
Financial Balance	−2 000	−1 000	−2 000	−3 000
Earnings Before Tax	113 000	20 000	51 000	42 000
Tax	26 000	17 000	13 000	11 000
Net Income	87 000	2 000	38 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	169 000	223 000	235 000
Total Current Assets	1 141 000	751 000	670 000	551 000
Total Assets	1 301 000	919 000	893 000	786 000
Total Retained Equity	208 000	214 000	212 000	174 000
Total Equity	313 000	319 000	317 000	279 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	988 000	600 000	576 000	507 000
Total Equity and Debt	1 301 000	919 000	893 000	786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 661 000	4 884 000	4 911 000	3 362 000
Other Income	6 000	0	31 000	200 000
Revenue	5 667 000	4 884 000	4 942 000	3 562 000
Cost of Goods Sold	3 212 000	2 569 000	2 667 000	1 311 000
Salary Costs	1 852 000	1 827 000	1 720 000	1 686 000
Depreciation	25 000	52 000	47 000	43 000
Impairment	0	0	0	0
Expenditure	5 551 000	4 864 000	4 889 000	3 519 000
Operating Profit	115 000	20 000	53 000	44 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	2 000	3 000
Financial Balance	−2 000	−1 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	87 000	2 000	38 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	18 000	63 000	108 000
Total Intangible Assets	0	18 000	80 000	138 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	26 000	32 000	0
Total Tangible Assets	19 000	26 000	32 000	0
Total Fiancial Fixed Assets	141 000	125 000	110 000	96 000
Total Fixed Assets	160 000	169 000	223 000	235 000
Stock	190 000	103 000	86 000	90 000
Total Investments	0	0	0	0
Cash, Bank	411 000	257 000	300 000	234 000
Total Current Assets	1 141 000	751 000	670 000	551 000
Total Assets	1 301 000	919 000	893 000	786 000
Total Equity	313 000	319 000	317 000	279 000
Short-Term Group Debt	119 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	497 000	215 000	213 000	138 000
Unpaid Taxes	197 000	221 000	208 000	213 000
Dividends	0	0	0	0
Other Current Debt	174 000	165 000	154 000	156 000
Total Current Debt	988 000	600 000	576 000	507 000
Total Equity and Debt	1 301 000	919 000	893 000	786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,8 %	0,63 %	11,99 %	11,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,03 %	0,41 %	1,07 %	1,24 %
Current Ratio	1,15	1,25	1,16	1,09
Quick Ratio	1,43	1,51	1,37	1,32
Equity Ratio	0,24	0,35	0,35	0,35
Gross Profit Margin	43,32 %	47,4 %	46,03 %	63,19 %