LETO AS

1153 OSLO

Finances

Return on Equity

0,62 %

Current Ratio

2,58

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 538 000	8 440 000	10 757 000	11 985 000
Net Income	18 000	408 000	91 000	17 000
Total Assets	4 943 000	5 791 000	5 365 000	5 851 000
Total Equity	2 887 000	2 869 000	3 861 000	3 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 538 000	8 440 000	10 757 000	11 985 000
Expenditure	9 492 000	7 857 000	10 589 000	11 926 000
Operating Profit	45 000	583 000	169 000	58 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	22 000	25 000	38 000	43 000
Financial Balance	−21 000	−25 000	−36 000	−41 000
Earnings Before Tax	24 000	559 000	134 000	17 000
Tax	6 000	151 000	43 000	0
Net Income	18 000	408 000	91 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	429 000	591 000	897 000	314 000
Total Current Assets	4 514 000	5 200 000	4 469 000	5 537 000
Total Assets	4 943 000	5 791 000	5 365 000	5 851 000
Total Retained Equity	2 787 000	2 769 000	3 761 000	3 670 000
Total Equity	2 887 000	2 869 000	3 861 000	3 770 000
Total Long-Term Debt	308 000	375 000	440 000	502 000
Total Current Debt	1 748 000	2 547 000	1 064 000	1 579 000
Total Equity and Debt	4 943 000	5 791 000	5 365 000	5 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 536 000	8 014 000	10 688 000	11 985 000
Other Income	2 000	426 000	70 000	0
Revenue	9 538 000	8 440 000	10 757 000	11 985 000
Cost of Goods Sold	4 963 000	4 159 000	5 840 000	6 491 000
Salary Costs	2 603 000	1 732 000	2 087 000	2 670 000
Depreciation	183 000	305 000	332 000	171 000
Impairment	0	0	0	0
Expenditure	9 492 000	7 857 000	10 589 000	11 926 000
Operating Profit	45 000	583 000	169 000	58 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	22 000	25 000	38 000	43 000
Financial Balance	−21 000	−25 000	−36 000	−41 000
Dividends	0	1 400 000	0	0
Net Income	18 000	408 000	91 000	17 000

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	366 000	549 000	854 000	271 000
Total Tangible Assets	366 000	549 000	854 000	271 000
Total Fiancial Fixed Assets	63 000	42 000	42 000	42 000
Total Fixed Assets	429 000	591 000	897 000	314 000
Stock	1 914 000	1 579 000	1 550 000	3 166 000
Total Investments	0	0	0	0
Cash, Bank	2 420 000	3 443 000	2 816 000	2 103 000
Total Current Assets	4 514 000	5 200 000	4 469 000	5 537 000
Total Assets	4 943 000	5 791 000	5 365 000	5 851 000
Total Equity	2 887 000	2 869 000	3 861 000	3 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	308 000	375 000	440 000	502 000
Creditors	364 000	282 000	392 000	460 000
Unpaid Taxes	480 000	461 000	321 000	595 000
Dividends	0	1 400 000	0	0
Other Current Debt	898 000	254 000	308 000	524 000
Total Current Debt	1 748 000	2 547 000	1 064 000	1 579 000
Total Equity and Debt	4 943 000	5 791 000	5 365 000	5 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,62 %	14,22 %	2,36 %	0,45 %
Debt-to-Equity Ratio	0,11	0,13	0,11	0,13
Operating Profit Margin	0,47 %	6,91 %	1,57 %	0,48 %
Current Ratio	2,58	2,04	4,2	3,51
Quick Ratio	−27,19	5,37	−9,2	−3,49
Equity Ratio	0,58	0,5	0,72	0,64
Gross Profit Margin	47,97 %	50,72 %	45,71 %	45,84 %