UCOMMERCE AS

5302 STRUSSHAMN

Finances

Share Ownership

Return on Equity

87,38 %

Current Ratio

1,61

Debt-to-Equity Ratio

−1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 891 000	285 000	0	7 000
Net Income	−1 066 000	−72 000	−22 000	−8 000
Total Assets	838 000	351 000	0	26 000
Total Equity	−1 220 000	−155 000	−82 000	−60 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 891 000	285 000	0	7 000
Expenditure	3 208 000	358 000	22 000	13 000
Operating Profit	−1 317 000	−73 000	−22 000	−5 000
Financial Income	3 000	3 000	0	0
Financial Costs	20 000	2 000	0	3 000
Financial Balance	−17 000	1 000	0	−3 000
Earnings Before Tax	−1 334 000	−72 000	−22 000	−8 000
Tax	−268 000	0	0	0
Net Income	−1 066 000	−72 000	−22 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 000	0	0	0
Total Current Assets	570 000	351 000	0	26 000
Total Assets	838 000	351 000	0	26 000
Total Retained Equity	−1 250 000	−185 000	−112 000	−90 000
Total Equity	−1 220 000	−155 000	−82 000	−60 000
Total Long-Term Debt	1 704 000	267 000	0	0
Total Current Debt	354 000	239 000	83 000	86 000
Total Equity and Debt	838 000	351 000	0	26 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 891 000	285 000	0	7 000
Other Income	0	0	0	0
Revenue	1 891 000	285 000	0	7 000
Cost of Goods Sold	1 144 000	247 000	0	3 000
Salary Costs	280 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 208 000	358 000	22 000	13 000
Operating Profit	−1 317 000	−73 000	−22 000	−5 000
Financial Income	3 000	3 000	0	0
Financial Costs	20 000	2 000	0	3 000
Financial Balance	−17 000	1 000	0	−3 000
Dividends	0	0	0	0
Net Income	−1 066 000	−72 000	−22 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	268 000	0	0	0
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	268 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	322 000	88 000	0	4 000
Total Current Assets	570 000	351 000	0	26 000
Total Assets	838 000	351 000	0	26 000
Total Equity	−1 220 000	−155 000	−82 000	−60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 704 000	267 000	0	0
Creditors	191 000	91 000	0	0
Unpaid Taxes	141 000	65 000	0	−1 000
Dividends	0	0	0	0
Other Current Debt	21 000	83 000	83 000	87 000
Total Current Debt	354 000	239 000	83 000	86 000
Total Equity and Debt	838 000	351 000	0	26 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,38 %	46,45 %	26,83 %	13,33 %
Debt-to-Equity Ratio	−1,4	−1,72	−0	−0
Operating Profit Margin	−69,65 %	−25,61 %	-	−71,43 %
Current Ratio	1,61	1,47	0	0,3
Quick Ratio	1,61	1,47	0	0,3
Equity Ratio	−1,46	−0,44	-	−2,31
Gross Profit Margin	39,5 %	13,33 %	-	57,14 %