LATICRETE NORDIC AS

0976 OSLO

Finances

Share Ownership

Return on Equity

48,83 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 996 000	20 876 000	20 160 000	20 417 000
Net Income	377 000	−1 893 000	−408 000	−718 000
Total Assets	10 606 000	7 570 000	6 247 000	7 146 000
Total Equity	772 000	307 000	1 132 000	1 440 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 996 000	20 876 000	20 160 000	20 417 000
Expenditure	23 325 000	22 610 000	20 662 000	20 850 000
Operating Profit	671 000	−1 733 000	−502 000	−433 000
Financial Income	74 000	27 000	68 000	3 000
Financial Costs	369 000	149 000	191 000	352 000
Financial Balance	−295 000	−122 000	−123 000	−349 000
Earnings Before Tax	377 000	−1 855 000	−626 000	−783 000
Tax	0	38 000	−218 000	−65 000
Net Income	377 000	−1 893 000	−408 000	−718 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	511 000	659 000	1 682 000	904 000
Total Current Assets	10 095 000	6 910 000	4 565 000	6 242 000
Total Assets	10 606 000	7 570 000	6 247 000	7 146 000
Total Retained Equity	−677 000	−1 073 000	820 000	1 228 000
Total Equity	772 000	307 000	1 132 000	1 440 000
Total Long-Term Debt	350 000	461 000	999 000	324 000
Total Current Debt	9 484 000	6 802 000	4 115 000	5 381 000
Total Equity and Debt	10 606 000	7 570 000	6 247 000	7 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 996 000	20 876 000	20 160 000	20 417 000
Other Income	0	0	0	0
Revenue	23 996 000	20 876 000	20 160 000	20 417 000
Cost of Goods Sold	13 961 000	12 912 000	12 211 000	12 117 000
Salary Costs	4 441 000	3 684 000	4 058 000	3 960 000
Depreciation	183 000	179 000	148 000	119 000
Impairment	0	0	0	0
Expenditure	23 325 000	22 610 000	20 662 000	20 850 000
Operating Profit	671 000	−1 733 000	−502 000	−433 000
Financial Income	74 000	27 000	68 000	3 000
Financial Costs	369 000	149 000	191 000	352 000
Financial Balance	−295 000	−122 000	−123 000	−349 000
Dividends	0	0	0	0
Net Income	377 000	−1 893 000	−408 000	−718 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	190 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	433 000	581 000	1 414 000	826 000
Total Tangible Assets	433 000	581 000	1 414 000	826 000
Total Fiancial Fixed Assets	78 000	78 000	78 000	78 000
Total Fixed Assets	511 000	659 000	1 682 000	904 000
Stock	4 927 000	3 838 000	2 702 000	4 176 000
Total Investments	0	0	0	0
Cash, Bank	3 084 000	288 000	192 000	133 000
Total Current Assets	10 095 000	6 910 000	4 565 000	6 242 000
Total Assets	10 606 000	7 570 000	6 247 000	7 146 000
Total Equity	772 000	307 000	1 132 000	1 440 000
Short-Term Group Debt	504 000	994 000	1 123 000	853 000
Total Long-Term Debt	350 000	461 000	999 000	324 000
Creditors	7 940 000	4 937 000	1 973 000	2 034 000
Unpaid Taxes	656 000	555 000	674 000	565 000
Dividends	0	0	0	0
Other Current Debt	384 000	316 000	346 000	590 000
Total Current Debt	9 484 000	6 802 000	4 115 000	5 381 000
Total Equity and Debt	10 606 000	7 570 000	6 247 000	7 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,83 %	−616,61 %	−36,04 %	−49,86 %
Debt-to-Equity Ratio	0,45	1,5	0,88	0,23
Operating Profit Margin	2,8 %	−8,3 %	−2,49 %	−2,12 %
Current Ratio	1,06	1,02	1,11	1,16
Quick Ratio	2,22	2,33	3,23	5,18
Equity Ratio	0,07	0,04	0,18	0,2
Gross Profit Margin	41,82 %	38,15 %	39,43 %	40,65 %