LOTECH AS

3405 LIER

Finances

Share Ownership

Return on Equity

23,86 %

Current Ratio

5,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 589 000	2 087 000	2 108 000	2 169 000
Net Income	922 000	827 000	882 000	889 000
Total Assets	4 776 000	3 968 000	4 155 000	3 556 000
Total Equity	3 864 000	3 142 000	2 615 000	2 732 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 589 000	2 087 000	2 108 000	2 169 000
Expenditure	1 423 000	1 071 000	1 014 000	1 079 000
Operating Profit	1 165 000	1 017 000	1 094 000	1 089 000
Financial Income	22 000	38 000	30 000	51 000
Financial Costs	11 000	0	0	0
Financial Balance	11 000	38 000	30 000	51 000
Earnings Before Tax	1 176 000	1 055 000	1 124 000	1 140 000
Tax	254 000	228 000	241 000	251 000
Net Income	922 000	827 000	882 000	889 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	52 000	0	0
Total Current Assets	4 700 000	3 916 000	4 155 000	3 556 000
Total Assets	4 776 000	3 968 000	4 155 000	3 556 000
Total Retained Equity	3 764 000	3 042 000	2 515 000	2 632 000
Total Equity	3 864 000	3 142 000	2 615 000	2 732 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	910 000	826 000	1 540 000	823 000
Total Equity and Debt	4 776 000	3 968 000	4 155 000	3 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 589 000	2 087 000	2 108 000	2 169 000
Other Income	0	0	0	0
Revenue	2 589 000	2 087 000	2 108 000	2 169 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 260 000	965 000	957 000	975 000
Depreciation	27 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	1 423 000	1 071 000	1 014 000	1 079 000
Operating Profit	1 165 000	1 017 000	1 094 000	1 089 000
Financial Income	22 000	38 000	30 000	51 000
Financial Costs	11 000	0	0	0
Financial Balance	11 000	38 000	30 000	51 000
Dividends	200 000	300 000	1 000 000	300 000
Net Income	922 000	827 000	882 000	889 000

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	77 000	52 000	0	0
Total Tangible Assets	77 000	52 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	77 000	52 000	0	0
Stock	0	0	0	0
Total Investments	174 000	185 000	151 000	132 000
Cash, Bank	3 954 000	3 314 000	3 640 000	3 133 000
Total Current Assets	4 700 000	3 916 000	4 155 000	3 556 000
Total Assets	4 776 000	3 968 000	4 155 000	3 556 000
Total Equity	3 864 000	3 142 000	2 615 000	2 732 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	0	1 000	0	0
Unpaid Taxes	408 000	171 000	178 000	182 000
Dividends	200 000	300 000	1 000 000	300 000
Other Current Debt	40 000	132 000	119 000	95 000
Total Current Debt	910 000	826 000	1 540 000	823 000
Total Equity and Debt	4 776 000	3 968 000	4 155 000	3 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,86 %	26,32 %	33,73 %	32,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45 %	48,73 %	51,9 %	50,21 %
Current Ratio	5,16	4,74	2,7	4,32
Quick Ratio	5,16	4,74	2,7	4,32
Equity Ratio	0,81	0,79	0,63	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %