LETTSTYRT AS

0975 OSLO

Finances

Share Ownership

Return on Equity

−40,77 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 848 000	2 910 000	2 982 000	3 034 000
Net Income	−868 000	502 000	768 000	257 000
Total Assets	3 279 000	3 774 000	4 444 000	4 064 000
Total Equity	2 129 000	2 140 000	1 637 000	869 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 848 000	2 910 000	2 982 000	3 034 000
Expenditure	3 673 000	2 294 000	2 094 000	2 634 000
Operating Profit	−825 000	616 000	888 000	401 000
Financial Income	2 000	0	2 000	1 000
Financial Costs	45 000	76 000	123 000	145 000
Financial Balance	−43 000	−76 000	−121 000	−144 000
Earnings Before Tax	−868 000	540 000	768 000	257 000
Tax	0	38 000	0	0
Net Income	−868 000	502 000	768 000	257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 101 000	3 351 000	3 614 000	3 070 000
Total Current Assets	1 178 000	423 000	829 000	994 000
Total Assets	3 279 000	3 774 000	4 444 000	4 064 000
Total Retained Equity	627 000	1 495 000	992 000	224 000
Total Equity	2 129 000	2 140 000	1 637 000	869 000
Total Long-Term Debt	211 000	324 000	2 243 000	2 314 000
Total Current Debt	939 000	1 310 000	564 000	881 000
Total Equity and Debt	3 279 000	3 774 000	4 444 000	4 064 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 848 000	2 910 000	2 664 000	2 807 000
Other Income	0	0	318 000	227 000
Revenue	2 848 000	2 910 000	2 982 000	3 034 000
Cost of Goods Sold	1 233 000	19 000	430 000	690 000
Salary Costs	67 000	47 000	59 000	592 000
Depreciation	1 249 000	1 479 000	1 025 000	843 000
Impairment	0	0	0	0
Expenditure	3 673 000	2 294 000	2 094 000	2 634 000
Operating Profit	−825 000	616 000	888 000	401 000
Financial Income	2 000	0	2 000	1 000
Financial Costs	45 000	76 000	123 000	145 000
Financial Balance	−43 000	−76 000	−121 000	−144 000
Dividends	0	0	0	0
Net Income	−868 000	502 000	768 000	257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 101 000	3 351 000	3 614 000	3 070 000
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	0	0
Total Fixed Assets	2 101 000	3 351 000	3 614 000	3 070 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	14 000	352 000	278 000
Total Current Assets	1 178 000	423 000	829 000	994 000
Total Assets	3 279 000	3 774 000	4 444 000	4 064 000
Total Equity	2 129 000	2 140 000	1 637 000	869 000
Short-Term Group Debt	79 000	0	0	0
Total Long-Term Debt	211 000	324 000	2 243 000	2 314 000
Creditors	190 000	37 000	398 000	613 000
Unpaid Taxes	196 000	110 000	98 000	199 000
Dividends	0	0	0	0
Other Current Debt	474 000	32 000	67 000	68 000
Total Current Debt	939 000	1 310 000	564 000	881 000
Total Equity and Debt	3 279 000	3 774 000	4 444 000	4 064 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,77 %	23,46 %	46,92 %	29,57 %
Debt-to-Equity Ratio	0,1	0,15	1,37	2,66
Operating Profit Margin	−28,97 %	21,17 %	29,78 %	13,22 %
Current Ratio	1,25	0,32	1,47	1,13
Quick Ratio	1,25	0,32	1,47	1,13
Equity Ratio	0,65	0,57	0,37	0,21
Gross Profit Margin	56,71 %	99,35 %	85,58 %	77,26 %