UTILITY AS

2100 SKARNES

Finances

Return on Equity

−42,13 %

Current Ratio

6,92

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−75 000	−18 000	−25 000	−42 000
Total Assets	390 000	359 000	386 000	211 000
Total Equity	178 000	152 000	170 000	195 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	60 000	18 000	26 000	42 000
Operating Profit	−60 000	−18 000	−26 000	−42 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	0	0	0
Financial Balance	−15 000	0	0	1 000
Earnings Before Tax	−75 000	−18 000	−25 000	−42 000
Tax	0	0	0	0
Net Income	−75 000	−18 000	−25 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	250 000	250 000	0
Total Current Assets	90 000	109 000	136 000	211 000
Total Assets	390 000	359 000	386 000	211 000
Total Retained Equity	0	0	0	0
Total Equity	178 000	152 000	170 000	195 000
Total Long-Term Debt	200 000	200 000	200 000	0
Total Current Debt	13 000	7 000	16 000	16 000
Total Equity and Debt	390 000	359 000	386 000	211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	60 000	18 000	26 000	42 000
Operating Profit	−60 000	−18 000	−26 000	−42 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	0	0	0
Financial Balance	−15 000	0	0	1 000
Dividends	0	0	0	0
Net Income	−75 000	−18 000	−25 000	−42 000

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	300 000	250 000	250 000	0
Total Fixed Assets	300 000	250 000	250 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	109 000	136 000	211 000
Total Current Assets	90 000	109 000	136 000	211 000
Total Assets	390 000	359 000	386 000	211 000
Total Equity	178 000	152 000	170 000	195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	200 000	200 000	0
Creditors	13 000	7 000	16 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	3 000
Total Current Debt	13 000	7 000	16 000	16 000
Total Equity and Debt	390 000	359 000	386 000	211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,13 %	−11,84 %	−14,71 %	−21,54 %
Debt-to-Equity Ratio	1,12	1,32	1,18	0
Operating Profit Margin	-	-	-	-
Current Ratio	6,92	15,57	8,5	13,19
Quick Ratio	6,92	15,57	8,5	13,19
Equity Ratio	0,46	0,42	0,44	0,92
Gross Profit Margin	-	-	-	-