UTNES DRIFT AS

0962 OSLO

Finances

Share Ownership

Return on Equity

278,31 %

Current Ratio

0,53

Debt-to-Equity Ratio

−0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 463 000	4 513 000	4 861 000	4 373 000
Net Income	−693 000	505 000	355 000	−521 000
Total Assets	957 000	1 808 000	1 635 000	882 000
Total Equity	−249 000	444 000	−61 000	−416 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 463 000	4 513 000	4 861 000	4 373 000
Expenditure	4 149 000	3 855 000	4 473 000	2 192 000
Operating Profit	−684 000	658 000	389 000	−513 000
Financial Income	0	0	0	1 000
Financial Costs	9 000	38 000	34 000	9 000
Financial Balance	−9 000	−38 000	−34 000	−8 000
Earnings Before Tax	−693 000	620 000	355 000	−521 000
Tax	0	115 000	0	0
Net Income	−693 000	505 000	355 000	−521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	408 000	551 000	575 000	227 000
Total Current Assets	549 000	1 257 000	1 060 000	655 000
Total Assets	957 000	1 808 000	1 635 000	882 000
Total Retained Equity	−349 000	344 000	−161 000	−516 000
Total Equity	−249 000	444 000	−61 000	−416 000
Total Long-Term Debt	175 000	566 000	453 000	136 000
Total Current Debt	1 030 000	798 000	1 243 000	1 162 000
Total Equity and Debt	957 000	1 808 000	1 635 000	882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 186 000	3 790 000	4 861 000	4 373 000
Other Income	−723 000	723 000	0	0
Revenue	3 463 000	4 513 000	4 861 000	4 373 000
Cost of Goods Sold	2 243 000	1 627 000	2 242 000	0
Salary Costs	498 000	765 000	672 000	948 000
Depreciation	89 000	140 000	117 000	46 000
Impairment	0	0	0	0
Expenditure	4 149 000	3 855 000	4 473 000	2 192 000
Operating Profit	−684 000	658 000	389 000	−513 000
Financial Income	0	0	0	1 000
Financial Costs	9 000	38 000	34 000	9 000
Financial Balance	−9 000	−38 000	−34 000	−8 000
Dividends	0	0	0	0
Net Income	−693 000	505 000	355 000	−521 000

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	408 000	536 000	560 000	212 000
Total Tangible Assets	408 000	536 000	560 000	212 000
Total Fiancial Fixed Assets	0	14 000	14 000	14 000
Total Fixed Assets	408 000	551 000	575 000	227 000
Stock	50 000	50 000	0	0
Total Investments	0	0	0	0
Cash, Bank	226 000	172 000	578 000	615 000
Total Current Assets	549 000	1 257 000	1 060 000	655 000
Total Assets	957 000	1 808 000	1 635 000	882 000
Total Equity	−249 000	444 000	−61 000	−416 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	175 000	566 000	453 000	136 000
Creditors	219 000	186 000	654 000	523 000
Unpaid Taxes	80 000	119 000	196 000	116 000
Dividends	0	0	0	0
Other Current Debt	381 000	381 000	393 000	522 000
Total Current Debt	1 030 000	798 000	1 243 000	1 162 000
Total Equity and Debt	957 000	1 808 000	1 635 000	882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	278,31 %	113,74 %	−581,97 %	125,24 %
Debt-to-Equity Ratio	−0,7	1,27	−7,43	−0,33
Operating Profit Margin	−19,75 %	14,58 %	8 %	−11,73 %
Current Ratio	0,53	1,58	0,85	0,56
Quick Ratio	0,56	1,68	0,85	0,56
Equity Ratio	−0,26	0,25	−0,04	−0,47
Gross Profit Margin	35,23 %	63,95 %	53,88 %	100 %