UTEX AS

2651 ØSTRE GAUSDAL

Finances

Share Ownership

Return on Equity

87,86 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 938 000	3 617 000	1 844 000	1 423 000
Net Income	608 000	605 000	119 000	340 000
Total Assets	1 965 000	1 812 000	884 000	652 000
Total Equity	692 000	474 000	482 000	363 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 938 000	3 617 000	1 844 000	1 423 000
Expenditure	3 148 000	2 834 000	1 685 000	986 000
Operating Profit	790 000	783 000	160 000	435 000
Financial Income	0	0	1 000	1 000
Financial Costs	11 000	7 000	6 000	2 000
Financial Balance	−11 000	−7 000	−5 000	−1 000
Earnings Before Tax	780 000	776 000	155 000	434 000
Tax	172 000	171 000	35 000	94 000
Net Income	608 000	605 000	119 000	340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	349 000	404 000	207 000	123 000
Total Current Assets	1 615 000	1 408 000	677 000	529 000
Total Assets	1 965 000	1 812 000	884 000	652 000
Total Retained Equity	662 000	444 000	452 000	333 000
Total Equity	692 000	474 000	482 000	363 000
Total Long-Term Debt	184 000	212 000	59 000	5 000
Total Current Debt	1 089 000	1 126 000	343 000	284 000
Total Equity and Debt	1 965 000	1 812 000	884 000	652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 938 000	3 617 000	1 844 000	1 423 000
Other Income	0	0	0	0
Revenue	3 938 000	3 617 000	1 844 000	1 423 000
Cost of Goods Sold	26 000	44 000	80 000	118 000
Salary Costs	2 410 000	2 093 000	1 125 000	573 000
Depreciation	79 000	64 000	37 000	3 000
Impairment	0	0	0	0
Expenditure	3 148 000	2 834 000	1 685 000	986 000
Operating Profit	790 000	783 000	160 000	435 000
Financial Income	0	0	1 000	1 000
Financial Costs	11 000	7 000	6 000	2 000
Financial Balance	−11 000	−7 000	−5 000	−1 000
Dividends	0	200 000	0	0
Net Income	608 000	605 000	119 000	340 000

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	17 000	0	0	0
Fixtures	328 000	404 000	207 000	123 000
Total Tangible Assets	345 000	404 000	207 000	123 000
Total Fiancial Fixed Assets	4 000	0	0	0
Total Fixed Assets	349 000	404 000	207 000	123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 166 000	1 013 000	432 000	369 000
Total Current Assets	1 615 000	1 408 000	677 000	529 000
Total Assets	1 965 000	1 812 000	884 000	652 000
Total Equity	692 000	474 000	482 000	363 000
Short-Term Group Debt	500 000	530 000	0	0
Total Long-Term Debt	184 000	212 000	59 000	5 000
Creditors	33 000	0	0	15 000
Unpaid Taxes	227 000	328 000	203 000	108 000
Dividends	0	200 000	0	0
Other Current Debt	263 000	221 000	109 000	73 000
Total Current Debt	1 089 000	1 126 000	343 000	284 000
Total Equity and Debt	1 965 000	1 812 000	884 000	652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,86 %	127,64 %	24,69 %	93,66 %
Debt-to-Equity Ratio	0,27	0,45	0,12	0,01
Operating Profit Margin	20,06 %	21,65 %	8,68 %	30,57 %
Current Ratio	1,48	1,25	1,97	1,86
Quick Ratio	1,48	1,25	1,97	1,86
Equity Ratio	0,35	0,26	0,55	0,56
Gross Profit Margin	99,34 %	98,78 %	95,66 %	91,71 %