UTILITYCLOUD AS

0184 OSLO

Finances

Share Ownership

Return on Equity

27,82 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 954 000	15 333 000	5 795 000	1 610 000
Net Income	1 106 000	645 000	964 000	512 000
Total Assets	9 274 000	5 318 000	2 609 000	1 668 000
Total Equity	3 976 000	2 870 000	2 225 000	1 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 954 000	15 333 000	5 795 000	1 610 000
Expenditure	25 608 000	14 677 000	6 000 000	1 066 000
Operating Profit	1 347 000	657 000	−205 000	544 000
Financial Income	2 000	0	4 000	90 000
Financial Costs	3 000	12 000	17 000	1 000
Financial Balance	−1 000	−12 000	−13 000	89 000
Earnings Before Tax	1 346 000	645 000	−218 000	633 000
Tax	241 000	0	−1 182 000	121 000
Net Income	1 106 000	645 000	964 000	512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	549 000	0	21 000	7 000
Total Current Assets	8 725 000	5 318 000	2 588 000	1 661 000
Total Assets	9 274 000	5 318 000	2 609 000	1 668 000
Total Retained Equity	2 715 000	1 609 000	2 195 000	0
Total Equity	3 976 000	2 870 000	2 225 000	1 261 000
Total Long-Term Debt	6 000	0	0	0
Total Current Debt	5 293 000	2 448 000	384 000	407 000
Total Equity and Debt	9 274 000	5 318 000	2 609 000	1 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 697 000	15 196 000	5 795 000	1 610 000
Other Income	257 000	137 000	0	0
Revenue	26 954 000	15 333 000	5 795 000	1 610 000
Cost of Goods Sold	3 415 000	2 730 000	0	0
Salary Costs	15 574 000	8 041 000	3 932 000	901 000
Depreciation	47 000	0	7 000	7 000
Impairment	0	0	0	0
Expenditure	25 608 000	14 677 000	6 000 000	1 066 000
Operating Profit	1 347 000	657 000	−205 000	544 000
Financial Income	2 000	0	4 000	90 000
Financial Costs	3 000	12 000	17 000	1 000
Financial Balance	−1 000	−12 000	−13 000	89 000
Dividends	0	0	0	100 000
Net Income	1 106 000	645 000	964 000	512 000

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	196 000	0	0	7 000
Total Tangible Assets	196 000	0	0	7 000
Total Fiancial Fixed Assets	353 000	0	21 000	0
Total Fixed Assets	549 000	0	21 000	7 000
Stock	0	0	0	0
Total Investments	15 000	15 000	0	703 000
Cash, Bank	907 000	1 638 000	2 181 000	474 000
Total Current Assets	8 725 000	5 318 000	2 588 000	1 661 000
Total Assets	9 274 000	5 318 000	2 609 000	1 668 000
Total Equity	3 976 000	2 870 000	2 225 000	1 261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	0	0	0
Creditors	1 004 000	693 000	221 000	17 000
Unpaid Taxes	2 418 000	899 000	872 000	176 000
Dividends	0	0	0	100 000
Other Current Debt	1 636 000	856 000	434 000	93 000
Total Current Debt	5 293 000	2 448 000	384 000	407 000
Total Equity and Debt	9 274 000	5 318 000	2 609 000	1 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,82 %	22,47 %	43,33 %	40,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5 %	4,28 %	−3,54 %	33,79 %
Current Ratio	1,65	2,17	6,74	4,08
Quick Ratio	1,65	2,17	6,74	4,08
Equity Ratio	0,43	0,54	0,85	0,76
Gross Profit Margin	87,33 %	82,2 %	100 %	100 %