UTHEIM INNOVATION AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

91,04 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	179 000	16 000	161 000	167 000
Net Income	−122 000	−197 000	−107 000	−286 000
Total Assets	141 000	70 000	77 000	248 000
Total Equity	−134 000	−12 000	−77 000	−152 000

Income (NOK)	2022	2021	2020	2019
Revenue	179 000	16 000	161 000	167 000
Expenditure	303 000	213 000	126 000	453 000
Operating Profit	−125 000	−196 000	−107 000	−286 000
Financial Income	2 000	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	2 000	−1 000	0	0
Earnings Before Tax	−122 000	−197 000	−107 000	−286 000
Tax	0	0	0	0
Net Income	−122 000	−197 000	−107 000	−286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	0	95 000	105 000
Total Current Assets	139 000	70 000	−17 000	143 000
Total Assets	141 000	70 000	77 000	248 000
Total Retained Equity	−319 000	−197 000	−107 000	−286 000
Total Equity	−134 000	−12 000	−77 000	−152 000
Total Long-Term Debt	0	−3 000	155 000	0
Total Current Debt	276 000	85 000	0	0
Total Equity and Debt	141 000	70 000	77 000	−152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	179 000	16 000	161 000	167 000
Other Income	0	0	0	0
Revenue	179 000	16 000	161 000	167 000
Cost of Goods Sold	21 000	87 000	8 000	419 000
Salary Costs	0	0	0	0
Depreciation	0	0	11 000	34 000
Impairment	0	95 000	0	0
Expenditure	303 000	213 000	126 000	453 000
Operating Profit	−125 000	−196 000	−107 000	−286 000
Financial Income	2 000	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	2 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−122 000	−197 000	−107 000	−286 000

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	95 000	105 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	95 000	105 000
Total Fiancial Fixed Assets	3 000	0	0	0
Total Fixed Assets	3 000	0	95 000	105 000
Stock	0	0	0	143 000
Total Investments	0	0	0	0
Cash, Bank	31 000	31 000	19 000	0
Total Current Assets	139 000	70 000	−17 000	143 000
Total Assets	141 000	70 000	77 000	248 000
Total Equity	−134 000	−12 000	−77 000	−152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−3 000	155 000	0
Creditors	74 000	31 000	0	0
Unpaid Taxes	0	−2 000	0	0
Dividends	0	0	0	0
Other Current Debt	202 000	56 000	0	0
Total Current Debt	276 000	85 000	0	0
Total Equity and Debt	141 000	70 000	77 000	−152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,04 %	1 641,67 %	138,96 %	188,16 %
Debt-to-Equity Ratio	−0	0,25	−2,01	−0
Operating Profit Margin	−69,83 %	−1 225 %	−66,46 %	−171,26 %
Current Ratio	0,5	0,82	-	-
Quick Ratio	0,5	0,82	-	−1
Equity Ratio	−0,95	−0,17	−1	−0,61
Gross Profit Margin	88,27 %	−443,75 %	95,03 %	−150,9 %