NORTH UTVIKLING AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

−12,11 %

Current Ratio

3,07

Debt-to-Equity Ratio

2,66

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 280 000	1 046 000	474 000	1 157 000
Net Income	−211 000	305 000	−107 000	−21 000
Total Assets	6 512 000	2 938 000	2 465 000	2 926 000
Total Equity	1 742 000	732 000	427 000	533 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 280 000	1 046 000	474 000	1 157 000
Expenditure	1 173 000	567 000	471 000	757 000
Operating Profit	108 000	479 000	3 000	400 000
Financial Income	−1 000	0	0	0
Financial Costs	33 000	71 000	68 000	393 000
Financial Balance	−34 000	−71 000	−68 000	−393 000
Earnings Before Tax	74 000	407 000	−65 000	7 000
Tax	285 000	102 000	42 000	28 000
Net Income	−211 000	305 000	−107 000	−21 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 082 000	2 698 000	2 407 000	2 814 000
Total Current Assets	430 000	240 000	57 000	112 000
Total Assets	6 512 000	2 938 000	2 465 000	2 926 000
Total Retained Equity	98 000	−913 000	−1 218 000	−1 111 000
Total Equity	1 742 000	732 000	427 000	533 000
Total Long-Term Debt	4 630 000	1 967 000	1 896 000	1 936 000
Total Current Debt	140 000	239 000	142 000	457 000
Total Equity and Debt	6 512 000	2 938 000	2 465 000	2 926 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	598 000	386 000	85 000	24 000
Other Income	682 000	660 000	389 000	1 134 000
Revenue	1 280 000	1 046 000	474 000	1 157 000
Cost of Goods Sold	215 000	38 000	0	0
Salary Costs	0	61 000	0	0
Depreciation	62 000	35 000	64 000	132 000
Impairment	0	0	0	0
Expenditure	1 173 000	567 000	471 000	757 000
Operating Profit	108 000	479 000	3 000	400 000
Financial Income	−1 000	0	0	0
Financial Costs	33 000	71 000	68 000	393 000
Financial Balance	−34 000	−71 000	−68 000	−393 000
Dividends	0	0	0	0
Net Income	−211 000	305 000	−107 000	−21 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	155 000	258 000	299 000
Real Eastate	6 110 000	1 274 000	1 274 000	1 303 000
Machinery and Plant Facilities	75 000	0	0	0
Fixtures	117 000	183 000	219 000	297 000
Total Tangible Assets	6 301 000	1 458 000	1 493 000	1 600 000
Total Fiancial Fixed Assets	−219 000	1 085 000	657 000	915 000
Total Fixed Assets	6 082 000	2 698 000	2 407 000	2 814 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	106 000	6 000	4 000	12 000
Total Current Assets	430 000	240 000	57 000	112 000
Total Assets	6 512 000	2 938 000	2 465 000	2 926 000
Total Equity	1 742 000	732 000	427 000	533 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 630 000	1 967 000	1 896 000	1 936 000
Creditors	58 000	18 000	0	0
Unpaid Taxes	−8 000	126 000	15 000	47 000
Dividends	0	0	0	0
Other Current Debt	90 000	96 000	127 000	410 000
Total Current Debt	140 000	239 000	142 000	457 000
Total Equity and Debt	6 512 000	2 938 000	2 465 000	2 926 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−12,11 %	41,67 %	−25,06 %	−3,94 %
Debt-to-Equity Ratio	2,66	2,69	4,44	3,63
Operating Profit Margin	8,44 %	45,79 %	0,63 %	34,57 %
Current Ratio	3,07	1	0,4	0,25
Quick Ratio	3,07	1	0,4	0,25
Equity Ratio	0,27	0,25	0,17	0,18
Gross Profit Margin	83,2 %	96,37 %	100 %	100 %