LTG NORWAY AS

1444 DRØBAK

Finances

Return on Equity

2,85 %

Current Ratio

69,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 160 000	2 031 000	1 122 000	355 000
Net Income	605 000	27 754 000	−242 000	1 271 000
Total Assets	21 497 000	43 038 000	12 343 000	12 144 000
Total Equity	21 207 000	39 356 000	11 602 000	11 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 160 000	2 031 000	1 122 000	355 000
Expenditure	353 000	443 000	143 000	166 000
Operating Profit	807 000	1 587 000	979 000	189 000
Financial Income	30 000	30 079 000	1 966 000	1 175 000
Financial Costs	0	3 560 000	2 965 000	33 000
Financial Balance	30 000	26 519 000	−999 000	1 142 000
Earnings Before Tax	837 000	28 106 000	−20 000	1 331 000
Tax	232 000	352 000	222 000	60 000
Net Income	605 000	27 754 000	−242 000	1 271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 298 000	32 560 000	8 481 000	9 306 000
Total Current Assets	20 199 000	10 478 000	3 862 000	2 838 000
Total Assets	21 497 000	43 038 000	12 343 000	12 144 000
Total Retained Equity	21 057 000	39 256 000	11 502 000	11 745 000
Total Equity	21 207 000	39 356 000	11 602 000	11 845 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	289 000	3 681 000	741 000	299 000
Total Equity and Debt	21 497 000	43 038 000	12 343 000	12 144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	971 000	2 031 000	1 122 000	355 000
Other Income	189 000	0	0	0
Revenue	1 160 000	2 031 000	1 122 000	355 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 000	10 000	4 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	353 000	443 000	143 000	166 000
Operating Profit	807 000	1 587 000	979 000	189 000
Financial Income	30 000	30 079 000	1 966 000	1 175 000
Financial Costs	0	3 560 000	2 965 000	33 000
Financial Balance	30 000	26 519 000	−999 000	1 142 000
Dividends	0	0	0	0
Net Income	605 000	27 754 000	−242 000	1 271 000

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	1 298 000	32 560 000	8 481 000	9 306 000
Total Fixed Assets	1 298 000	32 560 000	8 481 000	9 306 000
Stock	0	0	0	0
Total Investments	18 743 000	3 001 000	3 690 000	1 184 000
Cash, Bank	1 153 000	7 249 000	147 000	1 629 000
Total Current Assets	20 199 000	10 478 000	3 862 000	2 838 000
Total Assets	21 497 000	43 038 000	12 343 000	12 144 000
Total Equity	21 207 000	39 356 000	11 602 000	11 845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	0	0	0
Unpaid Taxes	1 000	60 000	220 000	0
Dividends	0	0	0	0
Other Current Debt	18 000	3 270 000	299 000	239 000
Total Current Debt	289 000	3 681 000	741 000	299 000
Total Equity and Debt	21 497 000	43 038 000	12 343 000	12 144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,85 %	70,52 %	−2,09 %	10,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	69,57 %	78,14 %	87,25 %	53,24 %
Current Ratio	69,89	2,85	5,21	9,49
Quick Ratio	69,89	2,85	5,21	9,49
Equity Ratio	0,99	0,91	0,94	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %