LTT UTVIKLING AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

97,58 %

Current Ratio

2,74

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 753 000	13 784 000	363 000	0
Net Income	282 000	1 006 000	−14 000	−352 000
Total Assets	1 408 000	2 779 000	7 279 000	6 769 000
Total Equity	289 000	7 000	−999 000	−985 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 753 000	13 784 000	363 000	0
Expenditure	7 369 000	12 580 000	142 000	89 000
Operating Profit	385 000	1 204 000	221 000	−89 000
Financial Income	0	0	0	0
Financial Costs	103 000	197 000	235 000	263 000
Financial Balance	−103 000	−197 000	−235 000	−263 000
Earnings Before Tax	282 000	1 006 000	−14 000	−352 000
Tax	0	0	0	0
Net Income	282 000	1 006 000	−14 000	−352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	0	0	0
Total Current Assets	1 404 000	2 779 000	7 279 000	6 769 000
Total Assets	1 408 000	2 779 000	7 279 000	6 769 000
Total Retained Equity	189 000	−93 000	−1 099 000	−1 085 000
Total Equity	289 000	7 000	−999 000	−985 000
Total Long-Term Debt	607 000	2 520 000	6 792 000	6 792 000
Total Current Debt	512 000	252 000	1 486 000	962 000
Total Equity and Debt	1 408 000	2 779 000	7 279 000	6 769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 753 000	13 784 000	363 000	0
Other Income	0	0	0	0
Revenue	7 753 000	13 784 000	363 000	0
Cost of Goods Sold	7 240 000	12 538 000	113 000	0
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 369 000	12 580 000	142 000	89 000
Operating Profit	385 000	1 204 000	221 000	−89 000
Financial Income	0	0	0	0
Financial Costs	103 000	197 000	235 000	263 000
Financial Balance	−103 000	−197 000	−235 000	−263 000
Dividends	0	0	0	0
Net Income	282 000	1 006 000	−14 000	−352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 000	0	0	0
Total Fixed Assets	4 000	0	0	0
Stock	844 000	1 688 000	4 837 000	6 611 000
Total Investments	0	0	0	0
Cash, Bank	285 000	815 000	1 020 000	128 000
Total Current Assets	1 404 000	2 779 000	7 279 000	6 769 000
Total Assets	1 408 000	2 779 000	7 279 000	6 769 000
Total Equity	289 000	7 000	−999 000	−985 000
Short-Term Group Debt	98 000	111 000	830 000	122 000
Total Long-Term Debt	607 000	2 520 000	6 792 000	6 792 000
Creditors	414 000	129 000	33 000	211 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	12 000	623 000	629 000
Total Current Debt	512 000	252 000	1 486 000	962 000
Total Equity and Debt	1 408 000	2 779 000	7 279 000	6 769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,58 %	14 371,43 %	1,4 %	35,74 %
Debt-to-Equity Ratio	2,1	360	−6,8	−6,9
Operating Profit Margin	4,97 %	8,73 %	60,88 %	-
Current Ratio	2,74	11,03	4,9	7,04
Quick Ratio	−4,23	−1,94	−2,17	−1,2
Equity Ratio	0,21	0	−0,14	−0,15
Gross Profit Margin	6,62 %	9,04 %	68,87 %	-