UTEC NCS SURVEY AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

54,8 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 684 000	51 934 000	77 368 000	23 125 000
Net Income	9 006 000	2 237 000	9 389 000	2 580 000
Total Assets	53 291 000	25 446 000	33 168 000	14 702 000
Total Equity	16 433 000	14 143 000	21 907 000	12 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 684 000	51 934 000	77 368 000	23 125 000
Expenditure	85 574 000	49 215 000	63 711 000	20 937 000
Operating Profit	12 110 000	2 720 000	13 657 000	2 189 000
Financial Income	203 000	182 000	80 000	72 000
Financial Costs	762 000	33 000	1 696 000	311 000
Financial Balance	−559 000	149 000	−1 616 000	−239 000
Earnings Before Tax	11 552 000	2 869 000	12 041 000	1 950 000
Tax	2 546 000	633 000	2 652 000	−629 000
Net Income	9 006 000	2 237 000	9 389 000	2 580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	9 000	22 000	668 000
Total Current Assets	53 285 000	25 437 000	33 146 000	14 033 000
Total Assets	53 291 000	25 446 000	33 168 000	14 702 000
Total Retained Equity	1 717 000	−573 000	−2 810 000	−12 199 000
Total Equity	16 433 000	14 143 000	21 907 000	12 517 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	36 858 000	11 302 000	11 261 000	2 184 000
Total Equity and Debt	53 291 000	25 446 000	33 168 000	14 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 676 000	51 886 000	77 320 000	23 077 000
Other Income	8 000	48 000	48 000	48 000
Revenue	97 684 000	51 934 000	77 368 000	23 125 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 152 000	7 196 000	4 630 000	3 045 000
Depreciation	0	13 000	26 000	56 000
Impairment	0	0	0	0
Expenditure	85 574 000	49 215 000	63 711 000	20 937 000
Operating Profit	12 110 000	2 720 000	13 657 000	2 189 000
Financial Income	203 000	182 000	80 000	72 000
Financial Costs	762 000	33 000	1 696 000	311 000
Financial Balance	−559 000	149 000	−1 616 000	−239 000
Dividends	0	0	0	0
Net Income	9 006 000	2 237 000	9 389 000	2 580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	9 000	10 000	629 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	13 000	39 000
Total Tangible Assets	0	0	13 000	39 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	9 000	22 000	668 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 927 000	8 533 000	4 776 000	11 074 000
Total Current Assets	53 285 000	25 437 000	33 146 000	14 033 000
Total Assets	53 291 000	25 446 000	33 168 000	14 702 000
Total Equity	16 433 000	14 143 000	21 907 000	12 517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 599 000	6 566 000	3 894 000	1 329 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 001 000	4 103 000	5 335 000	855 000
Total Current Debt	36 858 000	11 302 000	11 261 000	2 184 000
Total Equity and Debt	53 291 000	25 446 000	33 168 000	14 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,8 %	15,82 %	42,86 %	20,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,4 %	5,24 %	17,65 %	9,47 %
Current Ratio	1,45	2,25	2,94	6,43
Quick Ratio	1,45	2,25	2,94	6,43
Equity Ratio	0,31	0,56	0,66	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %