LÅTT & LØYE AS

4373 EGERSUND

Finances

Return on Equity

98,84 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	28 000	−88 000	266 000
Net Income	256 000	126 000	−53 000	29 000
Total Assets	538 000	383 000	308 000	404 000
Total Equity	259 000	3 000	−124 000	−71 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	28 000	−88 000	266 000
Expenditure	50 000	75 000	154 000	221 000
Operating Profit	−50 000	−48 000	−242 000	44 000
Financial Income	400 000	244 000	192 000	0
Financial Costs	29 000	42 000	9 000	8 000
Financial Balance	371 000	202 000	183 000	−8 000
Earnings Before Tax	321 000	154 000	−59 000	36 000
Tax	64 000	28 000	−6 000	7 000
Net Income	256 000	126 000	−53 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	40 000	103 000	83 000
Total Current Assets	498 000	343 000	205 000	321 000
Total Assets	538 000	383 000	308 000	404 000
Total Retained Equity	159 000	−97 000	−224 000	−171 000
Total Equity	259 000	3 000	−124 000	−71 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	279 000	380 000	431 000	475 000
Total Equity and Debt	538 000	383 000	308 000	404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	28 000	−88 000	157 000
Other Income	0	0	0	109 000
Revenue	0	28 000	−88 000	266 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	23 000	20 000	41 000
Impairment	0	0	0	0
Expenditure	50 000	75 000	154 000	221 000
Operating Profit	−50 000	−48 000	−242 000	44 000
Financial Income	400 000	244 000	192 000	0
Financial Costs	29 000	42 000	9 000	8 000
Financial Balance	371 000	202 000	183 000	−8 000
Dividends	0	0	0	0
Net Income	256 000	126 000	−53 000	29 000

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	23 000	43 000
Total Tangible Assets	0	0	23 000	43 000
Total Fiancial Fixed Assets	40 000	40 000	80 000	40 000
Total Fixed Assets	40 000	40 000	103 000	83 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	97 000	1 000	17 000	31 000
Total Current Assets	498 000	343 000	205 000	321 000
Total Assets	538 000	383 000	308 000	404 000
Total Equity	259 000	3 000	−124 000	−71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	214 000	217 000	265 000	259 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	0	136 000	166 000	209 000
Total Current Debt	279 000	380 000	431 000	475 000
Total Equity and Debt	538 000	383 000	308 000	404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,84 %	4 200 %	42,74 %	−40,85 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	-	−171,43 %	275 %	16,54 %
Current Ratio	1,78	0,9	0,48	0,68
Quick Ratio	1,78	0,9	0,48	0,68
Equity Ratio	0,48	0,01	−0,4	−0,18
Gross Profit Margin	-	100 %	100 %	100 %