LETTI AS

4990 SØNDELED

Finances

Share Ownership

Return on Equity

26,01 %

Current Ratio

3,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 781 000	32 127 000	33 810 000	28 117 000
Net Income	5 357 000	7 127 000	9 811 000	5 697 000
Total Assets	27 882 000	26 667 000	29 661 000	27 463 000
Total Equity	20 593 000	15 236 000	18 108 000	13 298 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 781 000	32 127 000	33 810 000	28 117 000
Expenditure	22 588 000	23 948 000	21 881 000	20 647 000
Operating Profit	6 720 000	8 850 000	12 288 000	7 051 000
Financial Income	87 000	164 000	173 000	212 000
Financial Costs	17 000	18 000	17 000	11 000
Financial Balance	70 000	146 000	156 000	201 000
Earnings Before Tax	6 790 000	8 996 000	12 444 000	7 252 000
Tax	1 432 000	1 869 000	2 634 000	1 555 000
Net Income	5 357 000	7 127 000	9 811 000	5 697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 065 000	5 797 000	4 545 000	5 327 000
Total Current Assets	22 817 000	20 870 000	25 116 000	22 136 000
Total Assets	27 882 000	26 667 000	29 661 000	27 463 000
Total Retained Equity	20 093 000	14 736 000	17 608 000	12 798 000
Total Equity	20 593 000	15 236 000	18 108 000	13 298 000
Total Long-Term Debt	33 000	19 000	25 000	36 000
Total Current Debt	7 256 000	11 413 000	11 528 000	14 129 000
Total Equity and Debt	27 882 000	26 667 000	29 661 000	27 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 913 000	30 852 000	33 024 000	28 097 000
Other Income	868 000	1 275 000	786 000	20 000
Revenue	27 781 000	32 127 000	33 810 000	28 117 000
Cost of Goods Sold	5 095 000	4 021 000	3 979 000	3 848 000
Salary Costs	8 803 000	9 617 000	9 190 000	8 832 000
Depreciation	1 191 000	1 383 000	1 132 000	1 338 000
Impairment	0	0	0	0
Expenditure	22 588 000	23 948 000	21 881 000	20 647 000
Operating Profit	6 720 000	8 850 000	12 288 000	7 051 000
Financial Income	87 000	164 000	173 000	212 000
Financial Costs	17 000	18 000	17 000	11 000
Financial Balance	70 000	146 000	156 000	201 000
Dividends	0	5 000 000	5 000 000	9 000 000
Net Income	5 357 000	7 127 000	9 811 000	5 697 000

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	3 712 000	4 111 000	3 080 000	3 500 000
Fixtures	48 000	60 000	15 000	17 000
Total Tangible Assets	4 765 000	5 497 000	4 545 000	5 327 000
Total Fiancial Fixed Assets	300 000	300 000	0	0
Total Fixed Assets	5 065 000	5 797 000	4 545 000	5 327 000
Stock	10 151 000	7 043 000	6 054 000	5 199 000
Total Investments	0	0	0	0
Cash, Bank	7 354 000	8 560 000	13 258 000	13 096 000
Total Current Assets	22 817 000	20 870 000	25 116 000	22 136 000
Total Assets	27 882 000	26 667 000	29 661 000	27 463 000
Total Equity	20 593 000	15 236 000	18 108 000	13 298 000
Short-Term Group Debt	0	5 000 000	5 000 000	9 000 000
Total Long-Term Debt	33 000	19 000	25 000	36 000
Creditors	1 262 000	2 072 000	1 935 000	1 301 000
Unpaid Taxes	1 373 000	1 303 000	971 000	1 357 000
Dividends	0	5 000 000	5 000 000	9 000 000
Other Current Debt	3 203 000	1 162 000	977 000	910 000
Total Current Debt	7 256 000	11 413 000	11 528 000	14 129 000
Total Equity and Debt	27 882 000	26 667 000	29 661 000	27 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,01 %	46,78 %	54,18 %	42,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,19 %	27,55 %	36,34 %	25,08 %
Current Ratio	3,14	1,83	2,18	1,57
Quick Ratio	−7,88	4,78	4,59	2,48
Equity Ratio	0,74	0,57	0,61	0,48
Gross Profit Margin	81,66 %	87,48 %	88,23 %	86,31 %