U-TURN AS

0258 OSLO

Finances

Share Ownership

Return on Equity

129,63 %

Current Ratio

2,6

Debt-to-Equity Ratio

3,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 340 000	1 620 000	1 393 000	1 746 000
Net Income	175 000	−29 000	198 000	102 000
Total Assets	904 000	662 000	587 000	668 000
Total Equity	135 000	−39 000	−11 000	−208 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 340 000	1 620 000	1 393 000	1 746 000
Expenditure	2 151 000	1 649 000	1 196 000	1 642 000
Operating Profit	189 000	−28 000	197 000	103 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	2 000	−1 000	0	−1 000
Earnings Before Tax	191 000	−29 000	198 000	102 000
Tax	16 000	0	0	0
Net Income	175 000	−29 000	198 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	60 000	0	0
Total Current Assets	824 000	602 000	587 000	668 000
Total Assets	904 000	662 000	587 000	668 000
Total Retained Equity	35 000	−134 000	−105 000	−303 000
Total Equity	135 000	−39 000	−11 000	−208 000
Total Long-Term Debt	452 000	462 000	446 000	699 000
Total Current Debt	317 000	240 000	151 000	177 000
Total Equity and Debt	904 000	662 000	587 000	668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 340 000	1 620 000	1 386 000	1 746 000
Other Income	0	0	7 000	0
Revenue	2 340 000	1 620 000	1 393 000	1 746 000
Cost of Goods Sold	1 213 000	785 000	626 000	772 000
Salary Costs	645 000	616 000	303 000	571 000
Depreciation	17 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	2 151 000	1 649 000	1 196 000	1 642 000
Operating Profit	189 000	−28 000	197 000	103 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	2 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	175 000	−29 000	198 000	102 000

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	60 000	0	0
Fixtures	80 000	0	0	0
Total Tangible Assets	80 000	60 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	80 000	60 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	664 000	410 000	426 000	527 000
Total Current Assets	824 000	602 000	587 000	668 000
Total Assets	904 000	662 000	587 000	668 000
Total Equity	135 000	−39 000	−11 000	−208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	452 000	462 000	446 000	699 000
Creditors	61 000	71 000	65 000	89 000
Unpaid Taxes	54 000	83 000	58 000	88 000
Dividends	0	0	0	0
Other Current Debt	185 000	86 000	28 000	0
Total Current Debt	317 000	240 000	151 000	177 000
Total Equity and Debt	904 000	662 000	587 000	668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	129,63 %	74,36 %	−1 800 %	−49,04 %
Debt-to-Equity Ratio	3,35	−11,85	−40,55	−3,36
Operating Profit Margin	8,08 %	−1,73 %	14,14 %	5,9 %
Current Ratio	2,6	2,51	3,89	3,77
Quick Ratio	2,6	2,51	3,89	3,77
Equity Ratio	0,15	−0,06	−0,02	−0,31
Gross Profit Margin	48,16 %	51,54 %	55,06 %	55,78 %