LET EIENDOM AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

26,04 %

Current Ratio

2,81

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 746 000	3 723 000	3 309 000	3 265 000
Net Income	3 154 000	2 031 000	1 866 000	1 780 000
Total Assets	30 800 000	32 678 000	7 697 000	8 378 000
Total Equity	12 112 000	8 958 000	6 927 000	5 061 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 746 000	3 723 000	3 309 000	3 265 000
Expenditure	3 181 000	1 136 000	875 000	849 000
Operating Profit	4 566 000	2 587 000	2 433 000	2 416 000
Financial Income	26 000	17 000	9 000	9 000
Financial Costs	548 000	0	50 000	143 000
Financial Balance	−522 000	17 000	−41 000	−134 000
Earnings Before Tax	4 044 000	2 604 000	2 392 000	2 282 000
Tax	890 000	573 000	526 000	502 000
Net Income	3 154 000	2 031 000	1 866 000	1 780 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 032 000	27 702 000	6 059 000	6 651 000
Total Current Assets	4 768 000	4 977 000	1 638 000	1 727 000
Total Assets	30 800 000	32 678 000	7 697 000	8 378 000
Total Retained Equity	12 008 000	8 854 000	6 823 000	4 957 000
Total Equity	12 112 000	8 958 000	6 927 000	5 061 000
Total Long-Term Debt	16 992 000	18 297 000	0	2 567 000
Total Current Debt	1 696 000	5 424 000	770 000	751 000
Total Equity and Debt	30 800 000	32 678 000	7 697 000	8 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 309 000	3 265 000
Other Income	7 746 000	3 723 000	0	0
Revenue	7 746 000	3 723 000	3 309 000	3 265 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	−28 000	47 000	2 000	0
Depreciation	2 397 000	766 000	621 000	621 000
Impairment	0	0	0	0
Expenditure	3 181 000	1 136 000	875 000	849 000
Operating Profit	4 566 000	2 587 000	2 433 000	2 416 000
Financial Income	26 000	17 000	9 000	9 000
Financial Costs	548 000	0	50 000	143 000
Financial Balance	−522 000	17 000	−41 000	−134 000
Dividends	0	0	0	0
Net Income	3 154 000	2 031 000	1 866 000	1 780 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	28 000	0
Real Eastate	26 032 000	27 702 000	6 030 000	6 651 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	26 032 000	27 702 000	6 030 000	6 651 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 032 000	27 702 000	6 059 000	6 651 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 972 000	2 356 000	1 568 000	1 672 000
Total Current Assets	4 768 000	4 977 000	1 638 000	1 727 000
Total Assets	30 800 000	32 678 000	7 697 000	8 378 000
Total Equity	12 112 000	8 958 000	6 927 000	5 061 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 992 000	18 297 000	0	2 567 000
Creditors	324 000	5 031 000	8 000	3 000
Unpaid Taxes	295 000	0	137 000	135 000
Dividends	0	0	0	0
Other Current Debt	35 000	43 000	24 000	36 000
Total Current Debt	1 696 000	5 424 000	770 000	751 000
Total Equity and Debt	30 800 000	32 678 000	7 697 000	8 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,04 %	22,67 %	26,94 %	35,17 %
Debt-to-Equity Ratio	1,4	2,04	0	0,51
Operating Profit Margin	58,95 %	69,49 %	73,53 %	74 %
Current Ratio	2,81	0,92	2,13	2,3
Quick Ratio	2,81	0,92	2,13	2,3
Equity Ratio	0,39	0,27	0,9	0,6
Gross Profit Margin	100 %	99,97 %	100 %	100 %