UPDOWN AS

5161 LAKSEVÅG

Finances

Return on Equity

14,11 %

Current Ratio

4,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 000	557 000	666 000	609 000
Net Income	70 000	208 000	−52 000	169 000
Total Assets	561 000	488 000	331 000	438 000
Total Equity	496 000	425 000	217 000	269 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 000	557 000	666 000	609 000
Expenditure	123 000	304 000	721 000	505 000
Operating Profit	91 000	252 000	−55 000	103 000
Financial Income	0	0	3 000	89 000
Financial Costs	0	0	0	0
Financial Balance	0	0	3 000	89 000
Earnings Before Tax	91 000	252 000	−52 000	191 000
Tax	20 000	43 000	0	23 000
Net Income	70 000	208 000	−52 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	249 000	63 000	76 000	78 000
Total Current Assets	312 000	425 000	255 000	360 000
Total Assets	561 000	488 000	331 000	438 000
Total Retained Equity	466 000	395 000	187 000	239 000
Total Equity	496 000	425 000	217 000	269 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	64 000	63 000	114 000	169 000
Total Equity and Debt	561 000	488 000	331 000	438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 000	264 000	666 000	609 000
Other Income	0	293 000	0	0
Revenue	213 000	557 000	666 000	609 000
Cost of Goods Sold	15 000	0	1 000	2 000
Salary Costs	0	159 000	567 000	391 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	123 000	304 000	721 000	505 000
Operating Profit	91 000	252 000	−55 000	103 000
Financial Income	0	0	3 000	89 000
Financial Costs	0	0	0	0
Financial Balance	0	0	3 000	89 000
Dividends	0	0	0	0
Net Income	70 000	208 000	−52 000	169 000

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	46 000	0	0	0
Total Tangible Assets	46 000	0	0	0
Total Fiancial Fixed Assets	203 000	63 000	76 000	78 000
Total Fixed Assets	249 000	63 000	76 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	302 000	283 000	250 000	300 000
Total Current Assets	312 000	425 000	255 000	360 000
Total Assets	561 000	488 000	331 000	438 000
Total Equity	496 000	425 000	217 000	269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	41 000	5 000	9 000	7 000
Unpaid Taxes	0	0	48 000	43 000
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	57 000	112 000
Total Current Debt	64 000	63 000	114 000	169 000
Total Equity and Debt	561 000	488 000	331 000	438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,11 %	48,94 %	−23,96 %	62,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	42,72 %	45,24 %	−8,26 %	16,91 %
Current Ratio	4,88	6,75	2,24	2,13
Quick Ratio	4,88	6,75	2,24	2,13
Equity Ratio	0,88	0,87	0,66	0,61
Gross Profit Margin	92,96 %	100 %	99,85 %	99,67 %