UNDERSTADEN AS

0550 OSLO

Finances

Return on Equity

−80,23 %

Current Ratio

2,64

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 422 000	1 859 000	2 446 000	3 524 000
Net Income	−483 000	−650 000	−688 000	131 000
Total Assets	952 000	1 751 000	2 766 000	3 176 000
Total Equity	602 000	1 085 000	1 735 000	2 423 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 422 000	1 859 000	2 446 000	3 524 000
Expenditure	1 892 000	2 505 000	3 279 000	4 436 000
Operating Profit	−470 000	−645 000	−833 000	−912 000
Financial Income	0	−55 000	254 000	1 100 000
Financial Costs	14 000	−51 000	295 000	20 000
Financial Balance	−14 000	−4 000	−41 000	1 080 000
Earnings Before Tax	−483 000	−650 000	−873 000	168 000
Tax	0	0	−185 000	37 000
Net Income	−483 000	−650 000	−688 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	631 000	631 000	626 000	357 000
Total Current Assets	322 000	1 121 000	2 141 000	2 819 000
Total Assets	952 000	1 751 000	2 766 000	3 176 000
Total Retained Equity	413 000	896 000	1 545 000	2 233 000
Total Equity	602 000	1 085 000	1 735 000	2 423 000
Total Long-Term Debt	228 000	280 000	0	0
Total Current Debt	122 000	386 000	1 031 000	754 000
Total Equity and Debt	952 000	1 751 000	2 766 000	3 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	382 000	1 859 000	1 014 000	1 290 000
Other Income	1 041 000	0	1 433 000	2 235 000
Revenue	1 422 000	1 859 000	2 446 000	3 524 000
Cost of Goods Sold	0	0	0	0
Salary Costs	756 000	1 219 000	1 509 000	1 923 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 892 000	2 505 000	3 279 000	4 436 000
Operating Profit	−470 000	−645 000	−833 000	−912 000
Financial Income	0	−55 000	254 000	1 100 000
Financial Costs	14 000	−51 000	295 000	20 000
Financial Balance	−14 000	−4 000	−41 000	1 080 000
Dividends	0	0	0	0
Net Income	−483 000	−650 000	−688 000	131 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	631 000	631 000	626 000	357 000
Total Fixed Assets	631 000	631 000	626 000	357 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	298 000	670 000	1 288 000	692 000
Total Current Assets	322 000	1 121 000	2 141 000	2 819 000
Total Assets	952 000	1 751 000	2 766 000	3 176 000
Total Equity	602 000	1 085 000	1 735 000	2 423 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	228 000	280 000	0	0
Creditors	31 000	13 000	25 000	62 000
Unpaid Taxes	0	140 000	146 000	286 000
Dividends	0	0	0	0
Other Current Debt	92 000	232 000	861 000	369 000
Total Current Debt	122 000	386 000	1 031 000	754 000
Total Equity and Debt	952 000	1 751 000	2 766 000	3 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−80,23 %	−59,91 %	−39,65 %	5,41 %
Debt-to-Equity Ratio	0,38	0,26	0	0
Operating Profit Margin	−33,05 %	−34,7 %	−34,06 %	−25,88 %
Current Ratio	2,64	2,9	2,08	3,74
Quick Ratio	2,64	2,9	2,08	3,74
Equity Ratio	0,63	0,62	0,63	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %