URBAN PIONEERS RETAIL AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

37,13 %

Current Ratio

1,43

Debt-to-Equity Ratio

−2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 160 000	12 322 000	8 125 000	2 239 000
Net Income	−2 237 000	−3 233 000	−4 324 000	−1 230 000
Total Assets	17 992 000	9 296 000	7 125 000	4 267 000
Total Equity	−6 025 000	−8 757 000	−5 524 000	−1 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 160 000	12 322 000	8 125 000	2 239 000
Expenditure	25 299 000	15 403 000	12 424 000	3 467 000
Operating Profit	−3 139 000	−3 081 000	−4 299 000	−1 228 000
Financial Income	8 000	0	3 000	0
Financial Costs	507 000	152 000	29 000	2 000
Financial Balance	−499 000	−152 000	−26 000	−2 000
Earnings Before Tax	−3 638 000	−3 233 000	−4 324 000	−1 230 000
Tax	−1 401 000	0	0	0
Net Income	−2 237 000	−3 233 000	−4 324 000	−1 230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 572 000	1 783 000	2 414 000	1 400 000
Total Current Assets	16 420 000	7 513 000	4 710 000	2 867 000
Total Assets	17 992 000	9 296 000	7 125 000	4 267 000
Total Retained Equity	−6 055 000	−8 787 000	−5 554 000	−1 230 000
Total Equity	−6 025 000	−8 757 000	−5 524 000	−1 200 000
Total Long-Term Debt	12 502 000	11 459 000	5 027 000	0
Total Current Debt	11 515 000	6 594 000	7 621 000	5 467 000
Total Equity and Debt	17 992 000	9 296 000	7 125 000	4 267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 160 000	11 688 000	7 929 000	2 239 000
Other Income	0	634 000	197 000	0
Revenue	22 160 000	12 322 000	8 125 000	2 239 000
Cost of Goods Sold	11 646 000	6 284 000	4 720 000	1 226 000
Salary Costs	4 839 000	2 516 000	2 230 000	721 000
Depreciation	675 000	600 000	550 000	73 000
Impairment	0	0	0	0
Expenditure	25 299 000	15 403 000	12 424 000	3 467 000
Operating Profit	−3 139 000	−3 081 000	−4 299 000	−1 228 000
Financial Income	8 000	0	3 000	0
Financial Costs	507 000	152 000	29 000	2 000
Financial Balance	−499 000	−152 000	−26 000	−2 000
Dividends	0	0	0	0
Net Income	−2 237 000	−3 233 000	−4 324 000	−1 230 000

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	1 572 000	1 770 000	2 370 000	1 400 000
Total Tangible Assets	1 572 000	1 770 000	2 370 000	1 400 000
Total Fiancial Fixed Assets	0	13 000	44 000	0
Total Fixed Assets	1 572 000	1 783 000	2 414 000	1 400 000
Stock	7 055 000	4 001 000	3 046 000	2 015 000
Total Investments	0	0	0	0
Cash, Bank	1 792 000	2 896 000	851 000	285 000
Total Current Assets	16 420 000	7 513 000	4 710 000	2 867 000
Total Assets	17 992 000	9 296 000	7 125 000	4 267 000
Total Equity	−6 025 000	−8 757 000	−5 524 000	−1 200 000
Short-Term Group Debt	9 423 000	5 200 000	6 549 000	1 981 000
Total Long-Term Debt	12 502 000	11 459 000	5 027 000	0
Creditors	741 000	880 000	398 000	3 251 000
Unpaid Taxes	727 000	174 000	105 000	133 000
Dividends	0	0	0	0
Other Current Debt	624 000	339 000	569 000	102 000
Total Current Debt	11 515 000	6 594 000	7 621 000	5 467 000
Total Equity and Debt	17 992 000	9 296 000	7 125 000	4 267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,13 %	36,92 %	78,28 %	102,5 %
Debt-to-Equity Ratio	−2,08	−1,31	−0,91	−0
Operating Profit Margin	−14,17 %	−25 %	−52,91 %	−54,85 %
Current Ratio	1,43	1,14	0,62	0,52
Quick Ratio	3,68	2,9	1,03	0,83
Equity Ratio	−0,33	−0,94	−0,78	−0,28
Gross Profit Margin	47,45 %	49 %	41,91 %	45,24 %