LEDTECH AS

5059 BERGEN

Finances

Share Ownership

Return on Equity

3,46 %

Current Ratio

5,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 000	61 000	269 000	2 259 000
Net Income	24 000	−222 000	−204 000	−742 000
Total Assets	831 000	717 000	904 000	1 757 000
Total Equity	694 000	670 000	644 000	848 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 000	61 000	269 000	2 259 000
Expenditure	95 000	305 000	551 000	3 000 000
Operating Profit	21 000	−294 000	−282 000	−741 000
Financial Income	3 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	0	0
Earnings Before Tax	24 000	−292 000	−282 000	−742 000
Tax	0	−70 000	−78 000	0
Net Income	24 000	−222 000	−204 000	−742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 000	136 000	134 000	34 000
Total Current Assets	692 000	581 000	770 000	1 723 000
Total Assets	831 000	717 000	904 000	1 757 000
Total Retained Equity	522 000	498 000	473 000	117 000
Total Equity	694 000	670 000	644 000	848 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	137 000	47 000	259 000	909 000
Total Equity and Debt	831 000	717 000	904 000	1 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	116 000	61 000	269 000	2 259 000
Other Income	0	0	0	0
Revenue	116 000	61 000	269 000	2 259 000
Cost of Goods Sold	72 000	49 000	153 000	1 254 000
Salary Costs	0	210 000	329 000	822 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	95 000	305 000	551 000	3 000 000
Operating Profit	21 000	−294 000	−282 000	−741 000
Financial Income	3 000	2 000	0	0
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	0	0
Dividends	0	0	0	100 000
Net Income	24 000	−222 000	−204 000	−742 000

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	140 000	136 000	134 000	34 000
Total Fixed Assets	140 000	136 000	134 000	34 000
Stock	0	0	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	121 000	10 000	17 000	436 000
Total Current Assets	692 000	581 000	770 000	1 723 000
Total Assets	831 000	717 000	904 000	1 757 000
Total Equity	694 000	670 000	644 000	848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	90 000	1 000	192 000	896 000
Unpaid Taxes	26 000	24 000	37 000	−173 000
Dividends	0	0	0	100 000
Other Current Debt	22 000	22 000	31 000	186 000
Total Current Debt	137 000	47 000	259 000	909 000
Total Equity and Debt	831 000	717 000	904 000	1 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,46 %	−33,13 %	−31,68 %	−87,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,1 %	−481,97 %	−104,83 %	−32,8 %
Current Ratio	5,05	12,36	2,97	1,9
Quick Ratio	5,05	12,36	3,68	2,01
Equity Ratio	0,84	0,93	0,71	0,48
Gross Profit Margin	37,93 %	19,67 %	43,12 %	44,49 %