LTI AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

4,23 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	227 000	123 000	50 000	176 000
Net Income	−12 000	5 000	−67 000	27 000
Total Assets	32 000	28 000	0	62 000
Total Equity	−284 000	−272 000	−277 000	−211 000

Income (NOK)	2022	2021	2020	2019
Revenue	227 000	123 000	50 000	176 000
Expenditure	240 000	118 000	117 000	149 000
Operating Profit	−12 000	5 000	−67 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−12 000	5 000	−67 000	27 000
Tax	0	0	0	0
Net Income	−12 000	5 000	−67 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	28 000
Total Current Assets	32 000	28 000	0	33 000
Total Assets	32 000	28 000	0	62 000
Total Retained Equity	−655 000	−643 000	−648 000	−582 000
Total Equity	−284 000	−272 000	−277 000	−211 000
Total Long-Term Debt	263 000	245 000	0	0
Total Current Debt	53 000	55 000	278 000	272 000
Total Equity and Debt	32 000	28 000	0	62 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	227 000	123 000	50 000	176 000
Other Income	0	0	0	0
Revenue	227 000	123 000	50 000	176 000
Cost of Goods Sold	−4 000	4 000	0	10 000
Salary Costs	72 000	5 000	1 000	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	240 000	118 000	117 000	149 000
Operating Profit	−12 000	5 000	−67 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−12 000	5 000	−67 000	27 000

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	0	0	0	28 000
Total Fixed Assets	0	0	0	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	17 000	0	27 000
Total Current Assets	32 000	28 000	0	33 000
Total Assets	32 000	28 000	0	62 000
Total Equity	−284 000	−272 000	−277 000	−211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	263 000	245 000	0	0
Creditors	0	2 000	2 000	2 000
Unpaid Taxes	22 000	14 000	−6 000	6 000
Dividends	0	0	0	0
Other Current Debt	31 000	40 000	281 000	264 000
Total Current Debt	53 000	55 000	278 000	272 000
Total Equity and Debt	32 000	28 000	0	62 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,23 %	−1,84 %	24,19 %	−12,8 %
Debt-to-Equity Ratio	−0,93	−0,9	−0	−0
Operating Profit Margin	−5,29 %	4,07 %	−134 %	15,34 %
Current Ratio	0,6	0,51	0	0,12
Quick Ratio	0,6	0,51	0	0,12
Equity Ratio	−8,88	−9,71	-	−3,4
Gross Profit Margin	101,76 %	96,75 %	100 %	94,32 %