UNDHEIM SYSTEMS AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

24,94 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 765 000	3 253 000	2 004 000	2 332 000
Net Income	313 000	198 000	−154 000	619 000
Total Assets	2 400 000	2 254 000	1 966 000	2 227 000
Total Equity	1 255 000	1 392 000	1 194 000	1 348 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 765 000	3 253 000	2 004 000	2 332 000
Expenditure	3 369 000	2 965 000	2 235 000	1 583 000
Operating Profit	397 000	288 000	−231 000	748 000
Financial Income	12 000	2 000	3 000	1 000
Financial Costs	16 000	15 000	4 000	0
Financial Balance	−4 000	−13 000	−1 000	1 000
Earnings Before Tax	393 000	275 000	−231 000	749 000
Tax	80 000	77 000	−77 000	130 000
Net Income	313 000	198 000	−154 000	619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	614 000	928 000	1 081 000	1 129 000
Total Current Assets	1 786 000	1 326 000	885 000	1 098 000
Total Assets	2 400 000	2 254 000	1 966 000	2 227 000
Total Retained Equity	1 225 000	1 362 000	1 164 000	1 318 000
Total Equity	1 255 000	1 392 000	1 194 000	1 348 000
Total Long-Term Debt	0	0	0	70 000
Total Current Debt	1 145 000	862 000	772 000	809 000
Total Equity and Debt	2 400 000	2 254 000	1 966 000	2 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 765 000	3 253 000	2 004 000	2 332 000
Other Income	0	0	0	0
Revenue	3 765 000	3 253 000	2 004 000	2 332 000
Cost of Goods Sold	1 772 000	1 541 000	1 061 000	505 000
Salary Costs	912 000	631 000	643 000	674 000
Depreciation	314 000	314 000	166 000	94 000
Impairment	0	0	0	0
Expenditure	3 369 000	2 965 000	2 235 000	1 583 000
Operating Profit	397 000	288 000	−231 000	748 000
Financial Income	12 000	2 000	3 000	1 000
Financial Costs	16 000	15 000	4 000	0
Financial Balance	−4 000	−13 000	−1 000	1 000
Dividends	450 000	0	0	0
Net Income	313 000	198 000	−154 000	619 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	614 000	928 000	1 081 000	1 129 000
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	614 000	928 000	1 081 000	1 129 000
Stock	299 000	121 000	197 000	197 000
Total Investments	0	0	0	0
Cash, Bank	861 000	284 000	111 000	221 000
Total Current Assets	1 786 000	1 326 000	885 000	1 098 000
Total Assets	2 400 000	2 254 000	1 966 000	2 227 000
Total Equity	1 255 000	1 392 000	1 194 000	1 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	70 000
Creditors	365 000	230 000	97 000	12 000
Unpaid Taxes	136 000	177 000	104 000	172 000
Dividends	450 000	0	0	0
Other Current Debt	113 000	378 000	571 000	495 000
Total Current Debt	1 145 000	862 000	772 000	809 000
Total Equity and Debt	2 400 000	2 254 000	1 966 000	2 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,94 %	14,22 %	−12,9 %	45,92 %
Debt-to-Equity Ratio	0	0	0	0,05
Operating Profit Margin	10,54 %	8,85 %	−11,53 %	32,08 %
Current Ratio	1,56	1,54	1,15	1,36
Quick Ratio	2,11	1,79	1,54	1,79
Equity Ratio	0,52	0,62	0,61	0,61
Gross Profit Margin	52,93 %	52,63 %	47,06 %	78,34 %