LI-TE AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

277,65 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 055 000	2 081 000	1 399 000	1 973 000
Net Income	236 000	77 000	−521 000	89 000
Total Assets	374 000	175 000	77 000	677 000
Total Equity	85 000	−150 000	−228 000	293 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 055 000	2 081 000	1 399 000	1 973 000
Expenditure	1 823 000	2 006 000	1 922 000	1 885 000
Operating Profit	233 000	75 000	−523 000	88 000
Financial Income	2 000	2 000	3 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	2 000	2 000	2 000	2 000
Earnings Before Tax	236 000	77 000	−521 000	89 000
Tax	0	0	0	0
Net Income	236 000	77 000	−521 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	9 000	15 000
Total Current Assets	374 000	175 000	68 000	662 000
Total Assets	374 000	175 000	77 000	677 000
Total Retained Equity	−15 000	−250 000	−328 000	193 000
Total Equity	85 000	−150 000	−228 000	293 000
Total Long-Term Debt	45 000	30 000	0	0
Total Current Debt	244 000	295 000	305 000	384 000
Total Equity and Debt	374 000	175 000	77 000	677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 016 000	2 051 000	1 392 000	0
Other Income	40 000	31 000	7 000	1 973 000
Revenue	2 055 000	2 081 000	1 399 000	1 973 000
Cost of Goods Sold	22 000	18 000	22 000	0
Salary Costs	1 414 000	1 571 000	1 449 000	1 386 000
Depreciation	0	9 000	6 000	63 000
Impairment	0	0	0	0
Expenditure	1 823 000	2 006 000	1 922 000	1 885 000
Operating Profit	233 000	75 000	−523 000	88 000
Financial Income	2 000	2 000	3 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	2 000	2 000	2 000	2 000
Dividends	0	0	0	0
Net Income	236 000	77 000	−521 000	89 000

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	9 000	15 000
Total Tangible Assets	0	0	9 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	9 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	345 000	121 000	26 000	552 000
Total Current Assets	374 000	175 000	68 000	662 000
Total Assets	374 000	175 000	77 000	677 000
Total Equity	85 000	−150 000	−228 000	293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 000	30 000	0	0
Creditors	1 000	8 000	4 000	49 000
Unpaid Taxes	113 000	105 000	92 000	162 000
Dividends	0	0	0	0
Other Current Debt	130 000	182 000	210 000	173 000
Total Current Debt	244 000	295 000	305 000	384 000
Total Equity and Debt	374 000	175 000	77 000	677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	277,65 %	−51,33 %	228,51 %	30,38 %
Debt-to-Equity Ratio	0,53	−0,2	−0	0
Operating Profit Margin	11,34 %	3,6 %	−37,38 %	4,46 %
Current Ratio	1,53	0,59	0,22	1,72
Quick Ratio	1,53	0,59	0,22	1,72
Equity Ratio	0,23	−0,86	−2,96	0,43
Gross Profit Margin	98,93 %	99,14 %	98,43 %	100 %