LTS AS

7300 ORKANGER

Finances

Share Ownership

Return on Equity

56,47 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 551 000	2 384 000	1 930 000	1 275 000
Net Income	471 000	−165 000	110 000	269 000
Total Assets	1 741 000	898 000	813 000	656 000
Total Equity	834 000	362 000	527 000	417 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 551 000	2 384 000	1 930 000	1 275 000
Expenditure	2 945 000	2 595 000	1 788 000	947 000
Operating Profit	606 000	−211 000	142 000	328 000
Financial Income	0	1 000	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	−2 000	0	−1 000	0
Earnings Before Tax	604 000	−211 000	141 000	328 000
Tax	133 000	−47 000	31 000	59 000
Net Income	471 000	−165 000	110 000	269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	47 000	6 000	6 000
Total Current Assets	1 741 000	852 000	808 000	650 000
Total Assets	1 741 000	898 000	813 000	656 000
Total Retained Equity	803 000	331 000	496 000	387 000
Total Equity	834 000	362 000	527 000	417 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	908 000	536 000	286 000	238 000
Total Equity and Debt	1 741 000	898 000	813 000	656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 551 000	2 384 000	1 930 000	1 275 000
Other Income	0	0	0	0
Revenue	3 551 000	2 384 000	1 930 000	1 275 000
Cost of Goods Sold	200 000	470 000	628 000	0
Salary Costs	2 259 000	1 641 000	982 000	707 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 945 000	2 595 000	1 788 000	947 000
Operating Profit	606 000	−211 000	142 000	328 000
Financial Income	0	1 000	0	0
Financial Costs	2 000	1 000	1 000	0
Financial Balance	−2 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	471 000	−165 000	110 000	269 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	47 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	6 000	6 000
Total Fixed Assets	0	47 000	6 000	6 000
Stock	100 000	76 000	17 000	3 000
Total Investments	0	0	0	0
Cash, Bank	1 067 000	368 000	427 000	468 000
Total Current Assets	1 741 000	852 000	808 000	650 000
Total Assets	1 741 000	898 000	813 000	656 000
Total Equity	834 000	362 000	527 000	417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	85 000	22 000	28 000
Unpaid Taxes	423 000	189 000	129 000	83 000
Dividends	0	0	0	0
Other Current Debt	381 000	262 000	104 000	68 000
Total Current Debt	908 000	536 000	286 000	238 000
Total Equity and Debt	1 741 000	898 000	813 000	656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,47 %	−45,58 %	20,87 %	64,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,07 %	−8,85 %	7,36 %	25,73 %
Current Ratio	1,92	1,59	2,83	2,73
Quick Ratio	2,15	1,85	3	2,77
Equity Ratio	0,48	0,4	0,65	0,64
Gross Profit Margin	94,37 %	80,29 %	67,46 %	100 %