LITEK AS

0271 OSLO

Finances

Return on Equity

−7,71 %

Current Ratio

0,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 805 000	0	0	0
Net Income	−534 000	11 144 000	2 805 000	−1 179 000
Total Assets	27 047 000	12 324 000	6 616 000	3 797 000
Total Equity	6 930 000	12 214 000	5 570 000	3 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 805 000	0	0	0
Expenditure	2 000 000	407 000	2 000	19 000
Operating Profit	−195 000	−407 000	−2 000	−19 000
Financial Income	1 090 000	11 551 000	2 808 000	0
Financial Costs	1 526 000	0	0	1 161 000
Financial Balance	−436 000	11 551 000	2 808 000	−1 161 000
Earnings Before Tax	−631 000	11 144 000	2 805 000	−1 179 000
Tax	−97 000	0	0	0
Net Income	−534 000	11 144 000	2 805 000	−1 179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 947 000	7 634 000	5 311 000	3 624 000
Total Current Assets	7 100 000	4 689 000	1 305 000	173 000
Total Assets	27 047 000	12 324 000	6 616 000	3 797 000
Total Retained Equity	6 856 000	12 140 000	5 496 000	3 691 000
Total Equity	6 930 000	12 214 000	5 570 000	3 764 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 117 000	110 000	1 046 000	32 000
Total Equity and Debt	27 047 000	12 324 000	6 616 000	3 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 805 000	0	0	0
Other Income	0	0	0	0
Revenue	1 805 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 282 000	256 000	0	0
Depreciation	56 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 000 000	407 000	2 000	19 000
Operating Profit	−195 000	−407 000	−2 000	−19 000
Financial Income	1 090 000	11 551 000	2 808 000	0
Financial Costs	1 526 000	0	0	1 161 000
Financial Balance	−436 000	11 551 000	2 808 000	−1 161 000
Dividends	0	0	1 000 000	0
Net Income	−534 000	11 144 000	2 805 000	−1 179 000

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	269 000	0	0	0
Total Tangible Assets	269 000	0	0	0
Total Fiancial Fixed Assets	19 678 000	7 634 000	5 311 000	3 624 000
Total Fixed Assets	19 947 000	7 634 000	5 311 000	3 624 000
Stock	0	0	0	0
Total Investments	23 000	15 000	15 000	15 000
Cash, Bank	1 093 000	4 674 000	148 000	16 000
Total Current Assets	7 100 000	4 689 000	1 305 000	173 000
Total Assets	27 047 000	12 324 000	6 616 000	3 797 000
Total Equity	6 930 000	12 214 000	5 570 000	3 764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 000	0	0	0
Unpaid Taxes	151 000	32 000	0	0
Dividends	0	0	1 000 000	0
Other Current Debt	19 942 000	78 000	46 000	32 000
Total Current Debt	20 117 000	110 000	1 046 000	32 000
Total Equity and Debt	27 047 000	12 324 000	6 616 000	3 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,71 %	91,24 %	50,36 %	−31,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,8 %	-	-	-
Current Ratio	0,35	42,63	1,25	5,41
Quick Ratio	0,35	42,63	1,25	5,41
Equity Ratio	0,26	0,99	0,84	0,99
Gross Profit Margin	100 %	-	-	-