UNIVERSAL BRANDS AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

111,04 %

Current Ratio

2,3

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 219 000	23 105 000	13 409 000	10 171 000
Net Income	3 409 000	345 000	945 000	262 000
Total Assets	17 945 000	8 891 000	2 527 000	2 710 000
Total Equity	3 070 000	1 331 000	985 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 219 000	23 105 000	13 409 000	10 171 000
Expenditure	72 931 000	22 516 000	12 284 000	9 792 000
Operating Profit	4 289 000	590 000	1 125 000	379 000
Financial Income	3 610 000	25 000	149 000	1 000
Financial Costs	3 524 000	173 000	63 000	44 000
Financial Balance	86 000	−148 000	86 000	−43 000
Earnings Before Tax	4 375 000	442 000	1 211 000	336 000
Tax	967 000	97 000	266 000	75 000
Net Income	3 409 000	345 000	945 000	262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	413 000	9 000	20 000	1 340 000
Total Current Assets	17 532 000	8 882 000	2 508 000	1 371 000
Total Assets	17 945 000	8 891 000	2 527 000	2 710 000
Total Retained Equity	2 570 000	831 000	485 000	−459 000
Total Equity	3 070 000	1 331 000	985 000	41 000
Total Long-Term Debt	7 241 000	2 005 000	624 000	2 117 000
Total Current Debt	7 634 000	5 555 000	918 000	553 000
Total Equity and Debt	17 945 000	8 891 000	2 527 000	2 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 219 000	23 105 000	13 409 000	10 141 000
Other Income	0	0	0	30 000
Revenue	77 219 000	23 105 000	13 409 000	10 171 000
Cost of Goods Sold	66 011 000	19 246 000	9 634 000	7 138 000
Salary Costs	4 467 000	2 125 000	1 847 000	1 884 000
Depreciation	111 000	11 000	8 000	5 000
Impairment	0	0	0	0
Expenditure	72 931 000	22 516 000	12 284 000	9 792 000
Operating Profit	4 289 000	590 000	1 125 000	379 000
Financial Income	3 610 000	25 000	149 000	1 000
Financial Costs	3 524 000	173 000	63 000	44 000
Financial Balance	86 000	−148 000	86 000	−43 000
Dividends	1 670 000	0	0	0
Net Income	3 409 000	345 000	945 000	262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	129 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	413 000	9 000	20 000	11 000
Total Tangible Assets	413 000	9 000	20 000	11 000
Total Fiancial Fixed Assets	0	0	0	1 200 000
Total Fixed Assets	413 000	9 000	20 000	1 340 000
Stock	400 000	402 000	0	0
Total Investments	0	0	0	0
Cash, Bank	754 000	2 065 000	330 000	1 327 000
Total Current Assets	17 532 000	8 882 000	2 508 000	1 371 000
Total Assets	17 945 000	8 891 000	2 527 000	2 710 000
Total Equity	3 070 000	1 331 000	985 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 241 000	2 005 000	624 000	2 117 000
Creditors	2 550 000	5 045 000	30 000	27 000
Unpaid Taxes	1 957 000	160 000	552 000	108 000
Dividends	1 670 000	0	0	0
Other Current Debt	488 000	253 000	200 000	418 000
Total Current Debt	7 634 000	5 555 000	918 000	553 000
Total Equity and Debt	17 945 000	8 891 000	2 527 000	2 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,04 %	25,92 %	95,94 %	639,02 %
Debt-to-Equity Ratio	2,36	1,51	0,63	51,63
Operating Profit Margin	5,55 %	2,55 %	8,39 %	3,73 %
Current Ratio	2,3	1,6	2,73	2,48
Quick Ratio	2,42	1,72	2,73	2,48
Equity Ratio	0,17	0,15	0,39	0,02
Gross Profit Margin	14,51 %	16,7 %	28,15 %	29,82 %