LETT-TAK SYSTEMER AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

11 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	301 874 000	247 945 000	251 607 000	228 980 000
Net Income	8 150 000	4 937 000	8 413 000	−338 000
Total Assets	166 743 000	165 566 000	163 617 000	141 656 000
Total Equity	74 081 000	80 931 000	75 993 000	76 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	301 874 000	247 945 000	251 607 000	228 980 000
Expenditure	297 450 000	247 887 000	238 178 000	244 254 000
Operating Profit	8 871 000	6 092 000	11 876 000	461 000
Financial Income	2 690 000	1 033 000	2 073 000	1 376 000
Financial Costs	1 235 000	905 000	2 683 000	2 288 000
Financial Balance	1 455 000	128 000	−610 000	−912 000
Earnings Before Tax	10 326 000	6 220 000	11 266 000	−451 000
Tax	2 176 000	1 282 000	2 853 000	−113 000
Net Income	8 150 000	4 937 000	8 413 000	−338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 999 000	9 247 000	7 709 000	6 761 000
Total Current Assets	156 744 000	156 319 000	155 908 000	134 895 000
Total Assets	166 743 000	165 566 000	163 617 000	141 656 000
Total Retained Equity	73 061 000	79 911 000	74 973 000	75 002 000
Total Equity	74 081 000	80 931 000	75 993 000	76 022 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	92 662 000	84 636 000	87 624 000	65 634 000
Total Equity and Debt	166 743 000	165 566 000	163 617 000	141 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	301 406 000	247 945 000	251 607 000	228 980 000
Other Income	468 000	0	0	0
Revenue	301 874 000	247 945 000	251 607 000	228 980 000
Cost of Goods Sold	145 151 000	114 989 000	106 760 000	117 894 000
Salary Costs	82 359 000	81 158 000	79 447 000	84 335 000
Depreciation	3 042 000	2 456 000	1 595 000	1 666 000
Impairment	573 000	0	0	0
Expenditure	297 450 000	247 887 000	238 178 000	244 254 000
Operating Profit	8 871 000	6 092 000	11 876 000	461 000
Financial Income	2 690 000	1 033 000	2 073 000	1 376 000
Financial Costs	1 235 000	905 000	2 683 000	2 288 000
Financial Balance	1 455 000	128 000	−610 000	−912 000
Dividends	15 000 000	0	10 000 000	0
Net Income	8 150 000	4 937 000	8 413 000	−338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 142 000	2 487 000	3 617 000	3 339 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 925 000	4 559 000	2 330 000	2 694 000
Fixtures	1 932 000	2 201 000	1 762 000	727 000
Total Tangible Assets	8 856 000	6 761 000	4 092 000	3 422 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 999 000	9 247 000	7 709 000	6 761 000
Stock	53 328 000	47 799 000	39 260 000	37 383 000
Total Investments	0	0	0	0
Cash, Bank	56 746 000	59 830 000	67 175 000	45 398 000
Total Current Assets	156 744 000	156 319 000	155 908 000	134 895 000
Total Assets	166 743 000	165 566 000	163 617 000	141 656 000
Total Equity	74 081 000	80 931 000	75 993 000	76 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 838 000	19 221 000	17 388 000	13 628 000
Unpaid Taxes	9 170 000	9 497 000	10 730 000	13 163 000
Dividends	15 000 000	0	10 000 000	0
Other Current Debt	60 823 000	55 742 000	46 527 000	38 843 000
Total Current Debt	92 662 000	84 636 000	87 624 000	65 634 000
Total Equity and Debt	166 743 000	165 566 000	163 617 000	141 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11 %	6,1 %	11,07 %	−0,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,94 %	2,46 %	4,72 %	0,2 %
Current Ratio	1,69	1,85	1,78	2,06
Quick Ratio	3,98	4,24	3,22	4,77
Equity Ratio	0,44	0,49	0,46	0,54
Gross Profit Margin	51,92 %	53,62 %	57,57 %	48,51 %