LETTSTELT UTEMILJØ AS

4311 HOMMERSÅK

Finances

Share Ownership

Return on Equity

9,23 %

Current Ratio

4,8

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 809 000	1 414 000	1 238 000	888 000
Net Income	94 000	174 000	−40 000	−23 000
Total Assets	1 197 000	1 085 000	883 000	883 000
Total Equity	1 018 000	923 000	750 000	790 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 809 000	1 414 000	1 238 000	888 000
Expenditure	1 689 000	1 192 000	1 290 000	920 000
Operating Profit	121 000	223 000	−51 000	−33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	121 000	223 000	−51 000	−32 000
Tax	27 000	49 000	−11 000	−9 000
Net Income	94 000	174 000	−40 000	−23 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	334 000	491 000	430 000	597 000
Total Current Assets	864 000	594 000	453 000	286 000
Total Assets	1 197 000	1 085 000	883 000	883 000
Total Retained Equity	988 000	893 000	720 000	760 000
Total Equity	1 018 000	923 000	750 000	790 000
Total Long-Term Debt	0	16 000	21 000	40 000
Total Current Debt	180 000	145 000	112 000	53 000
Total Equity and Debt	1 197 000	1 085 000	883 000	883 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 809 000	1 414 000	1 238 000	888 000
Other Income	0	0	0	0
Revenue	1 809 000	1 414 000	1 238 000	888 000
Cost of Goods Sold	716 000	414 000	477 000	326 000
Salary Costs	520 000	373 000	442 000	219 000
Depreciation	178 000	157 000	167 000	172 000
Impairment	0	0	0	0
Expenditure	1 689 000	1 192 000	1 290 000	920 000
Operating Profit	121 000	223 000	−51 000	−33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	94 000	174 000	−40 000	−23 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	330 000	491 000	430 000	589 000
Fixtures	0	0	0	8 000
Total Tangible Assets	330 000	491 000	430 000	597 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	334 000	491 000	430 000	597 000
Stock	56 000	28 000	28 000	26 000
Total Investments	0	0	0	0
Cash, Bank	711 000	429 000	399 000	228 000
Total Current Assets	864 000	594 000	453 000	286 000
Total Assets	1 197 000	1 085 000	883 000	883 000
Total Equity	1 018 000	923 000	750 000	790 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	16 000	21 000	40 000
Creditors	18 000	35 000	29 000	17 000
Unpaid Taxes	74 000	26 000	41 000	11 000
Dividends	0	0	0	0
Other Current Debt	42 000	30 000	35 000	17 000
Total Current Debt	180 000	145 000	112 000	53 000
Total Equity and Debt	1 197 000	1 085 000	883 000	883 000

Financial indicators	2021	2020	2019	2018
Return on Equity	9,23 %	18,85 %	−5,33 %	−2,91 %
Debt-to-Equity Ratio	0	0,02	0,03	0,05
Operating Profit Margin	6,69 %	15,77 %	−4,12 %	−3,72 %
Current Ratio	4,8	4,1	4,04	5,4
Quick Ratio	6,97	5,08	5,39	10,59
Equity Ratio	0,85	0,85	0,85	0,89
Gross Profit Margin	60,42 %	70,72 %	61,47 %	63,29 %