LT SHIPPING AS

0193 OSLO

Finances

Share Ownership

Return on Equity

−175,63 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 637 000	13 359 000	6 995 000	3 708 000
Net Income	562 000	−832 000	−140 000	660 000
Total Assets	4 505 000	2 088 000	2 422 000	2 628 000
Total Equity	−320 000	−881 000	−279 000	−139 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 637 000	13 359 000	6 995 000	3 708 000
Expenditure	21 997 000	14 208 000	7 152 000	3 027 000
Operating Profit	639 000	−849 000	−158 000	681 000
Financial Income	278 000	52 000	30 000	5 000
Financial Costs	356 000	35 000	13 000	27 000
Financial Balance	−78 000	17 000	17 000	−22 000
Earnings Before Tax	562 000	−832 000	−140 000	660 000
Tax	0	0	0	0
Net Income	562 000	−832 000	−140 000	660 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 000	154 000	1 567 000	2 097 000
Total Current Assets	4 108 000	1 934 000	856 000	531 000
Total Assets	4 505 000	2 088 000	2 422 000	2 628 000
Total Retained Equity	−650 000	−1 211 000	−379 000	−239 000
Total Equity	−320 000	−881 000	−279 000	−139 000
Total Long-Term Debt	0	0	1 332 000	1 444 000
Total Current Debt	4 825 000	2 969 000	1 370 000	1 323 000
Total Equity and Debt	4 505 000	2 088 000	2 422 000	2 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 780 000	13 359 000	6 918 000	3 708 000
Other Income	857 000	0	77 000	0
Revenue	22 637 000	13 359 000	6 995 000	3 708 000
Cost of Goods Sold	21 735 000	10 889 000	4 739 000	0
Salary Costs	0	2 113 000	1 377 000	2 061 000
Depreciation	71 000	16 000	52 000	35 000
Impairment	0	0	0	0
Expenditure	21 997 000	14 208 000	7 152 000	3 027 000
Operating Profit	639 000	−849 000	−158 000	681 000
Financial Income	278 000	52 000	30 000	5 000
Financial Costs	356 000	35 000	13 000	27 000
Financial Balance	−78 000	17 000	17 000	−22 000
Dividends	0	0	0	0
Net Income	562 000	−832 000	−140 000	660 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	363 000	126 000	0	0
Real Eastate	0	0	0	45 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	28 000	15 000	22 000
Total Tangible Assets	34 000	28 000	15 000	67 000
Total Fiancial Fixed Assets	0	0	1 552 000	2 030 000
Total Fixed Assets	397 000	154 000	1 567 000	2 097 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	312 000	171 000	258 000	59 000
Total Current Assets	4 108 000	1 934 000	856 000	531 000
Total Assets	4 505 000	2 088 000	2 422 000	2 628 000
Total Equity	−320 000	−881 000	−279 000	−139 000
Short-Term Group Debt	1 166 000	96 000	0	0
Total Long-Term Debt	0	0	1 332 000	1 444 000
Creditors	2 466 000	1 825 000	1 209 000	823 000
Unpaid Taxes	0	146 000	52 000	171 000
Dividends	0	0	0	0
Other Current Debt	1 192 000	902 000	109 000	330 000
Total Current Debt	4 825 000	2 969 000	1 370 000	1 323 000
Total Equity and Debt	4 505 000	2 088 000	2 422 000	2 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−175,63 %	94,44 %	50,18 %	−474,82 %
Debt-to-Equity Ratio	−0	−0	−4,77	−10,39
Operating Profit Margin	2,82 %	−6,36 %	−2,26 %	18,37 %
Current Ratio	0,85	0,65	0,62	0,4
Quick Ratio	0,85	0,65	0,62	0,4
Equity Ratio	−0,07	−0,42	−0,12	−0,05
Gross Profit Margin	3,98 %	18,49 %	32,25 %	100 %