URTE-HAVEN AS

5415 STORD

Finances

Share Ownership

Return on Equity

4,98 %

Current Ratio

6,3

Debt-to-Equity Ratio

2,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	686 000	563 000	562 000	545 000
Net Income	11 000	−35 000	−30 000	309 000
Total Assets	827 000	774 000	726 000	685 000
Total Equity	221 000	211 000	246 000	276 000

Income (NOK)	2022	2021	2020	2019
Revenue	686 000	563 000	562 000	545 000
Expenditure	676 000	599 000	588 000	189 000
Operating Profit	11 000	−35 000	−29 000	356 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	11 000	−35 000	−30 000	357 000
Tax	0	0	0	48 000
Net Income	11 000	−35 000	−30 000	309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	192 000	0	0
Total Current Assets	624 000	583 000	726 000	685 000
Total Assets	827 000	774 000	726 000	685 000
Total Retained Equity	121 000	111 000	146 000	176 000
Total Equity	221 000	211 000	246 000	276 000
Total Long-Term Debt	507 000	472 000	416 000	344 000
Total Current Debt	99 000	91 000	64 000	66 000
Total Equity and Debt	827 000	774 000	726 000	685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	686 000	563 000	562 000	545 000
Other Income	0	0	0	0
Revenue	686 000	563 000	562 000	545 000
Cost of Goods Sold	76 000	136 000	136 000	94 000
Salary Costs	348 000	348 000	324 000	1 000
Depreciation	58 000	16 000	0	0
Impairment	0	0	0	0
Expenditure	676 000	599 000	588 000	189 000
Operating Profit	11 000	−35 000	−29 000	356 000
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	11 000	−35 000	−30 000	309 000

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	203 000	192 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	203 000	192 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	203 000	192 000	0	0
Stock	210 000	196 000	205 000	208 000
Total Investments	0	0	0	0
Cash, Bank	201 000	329 000	514 000	470 000
Total Current Assets	624 000	583 000	726 000	685 000
Total Assets	827 000	774 000	726 000	685 000
Total Equity	221 000	211 000	246 000	276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	507 000	472 000	416 000	344 000
Creditors	4 000	4 000	3 000	0
Unpaid Taxes	63 000	55 000	30 000	18 000
Dividends	0	0	0	0
Other Current Debt	33 000	33 000	31 000	0
Total Current Debt	99 000	91 000	64 000	66 000
Total Equity and Debt	827 000	774 000	726 000	685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,98 %	−16,59 %	−12,2 %	111,96 %
Debt-to-Equity Ratio	2,29	2,24	1,69	1,25
Operating Profit Margin	1,6 %	−6,22 %	−5,16 %	65,32 %
Current Ratio	6,3	6,41	11,34	10,38
Quick Ratio	−5,62	−5,55	−5,15	−4,82
Equity Ratio	0,27	0,27	0,34	0,4
Gross Profit Margin	88,92 %	75,84 %	75,8 %	82,75 %