UNIVERSAL GLASS & SOLSKJERMING AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

−55,98 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 264 000	3 671 000	2 117 000	2 536 000
Net Income	−370 000	478 000	−82 000	388 000
Total Assets	1 539 000	1 611 000	1 504 000	1 460 000
Total Equity	661 000	1 031 000	553 000	635 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 264 000	3 671 000	2 117 000	2 536 000
Expenditure	2 619 000	3 078 000	2 204 000	2 016 000
Operating Profit	−355 000	593 000	−86 000	520 000
Financial Income	0	0	5 000	1 000
Financial Costs	16 000	3 000	0	0
Financial Balance	−16 000	−3 000	5 000	1 000
Earnings Before Tax	−370 000	591 000	−81 000	521 000
Tax	0	112 000	1 000	133 000
Net Income	−370 000	478 000	−82 000	388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	960 000	194 000	231 000	304 000
Total Current Assets	580 000	1 417 000	1 273 000	1 157 000
Total Assets	1 539 000	1 611 000	1 504 000	1 460 000
Total Retained Equity	601 000	971 000	493 000	575 000
Total Equity	661 000	1 031 000	553 000	635 000
Total Long-Term Debt	488 000	0	0	0
Total Current Debt	391 000	580 000	951 000	825 000
Total Equity and Debt	1 539 000	1 611 000	1 504 000	1 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 264 000	3 670 000	2 116 000	2 481 000
Other Income	0	0	1 000	54 000
Revenue	2 264 000	3 671 000	2 117 000	2 536 000
Cost of Goods Sold	1 063 000	1 415 000	1 142 000	1 066 000
Salary Costs	853 000	1 198 000	601 000	540 000
Depreciation	249 000	60 000	73 000	96 000
Impairment	0	0	0	0
Expenditure	2 619 000	3 078 000	2 204 000	2 016 000
Operating Profit	−355 000	593 000	−86 000	520 000
Financial Income	0	0	5 000	1 000
Financial Costs	16 000	3 000	0	0
Financial Balance	−16 000	−3 000	5 000	1 000
Dividends	0	0	0	0
Net Income	−370 000	478 000	−82 000	388 000

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	0	0	0
Fixtures	960 000	194 000	231 000	304 000
Total Tangible Assets	960 000	194 000	231 000	304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	960 000	194 000	231 000	304 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	501 000	1 188 000	1 052 000	252 000
Total Current Assets	580 000	1 417 000	1 273 000	1 157 000
Total Assets	1 539 000	1 611 000	1 504 000	1 460 000
Total Equity	661 000	1 031 000	553 000	635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	488 000	0	0	0
Creditors	104 000	−12 000	400 000	64 000
Unpaid Taxes	94 000	113 000	94 000	183 000
Dividends	0	0	0	0
Other Current Debt	193 000	348 000	456 000	464 000
Total Current Debt	391 000	580 000	951 000	825 000
Total Equity and Debt	1 539 000	1 611 000	1 504 000	1 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,98 %	46,36 %	−14,83 %	61,1 %
Debt-to-Equity Ratio	0,74	0	0	0
Operating Profit Margin	−15,68 %	16,15 %	−4,06 %	20,5 %
Current Ratio	1,48	2,44	1,34	1,4
Quick Ratio	1,48	2,44	1,34	1,4
Equity Ratio	0,43	0,64	0,37	0,43
Gross Profit Margin	53,05 %	61,45 %	46,06 %	57,97 %