UPPER CUT AS

0950 OSLO

Finances

Share Ownership

Return on Equity

211,76 %

Current Ratio

0,88

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	938 000	829 000	822 000	928 000
Net Income	−36 000	73 000	54 000	−139 000
Total Assets	129 000	117 000	88 000	2 000
Total Equity	−17 000	19 000	−55 000	−109 000

Income (NOK)	2022	2021	2020	2019
Revenue	938 000	829 000	822 000	928 000
Expenditure	974 000	755 000	767 000	1 067 000
Operating Profit	−36 000	74 000	54 000	−139 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−36 000	73 000	54 000	−139 000
Tax	0	0	0	0
Net Income	−36 000	73 000	54 000	−139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	129 000	117 000	88 000	2 000
Total Assets	129 000	117 000	88 000	2 000
Total Retained Equity	−47 000	−11 000	−85 000	−139 000
Total Equity	−17 000	19 000	−55 000	−109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	146 000	98 000	142 000	111 000
Total Equity and Debt	129 000	117 000	88 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	938 000	829 000	792 000	928 000
Other Income	0	0	30 000	0
Revenue	938 000	829 000	822 000	928 000
Cost of Goods Sold	0	10 000	25 000	32 000
Salary Costs	569 000	379 000	451 000	737 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	974 000	755 000	767 000	1 067 000
Operating Profit	−36 000	74 000	54 000	−139 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−36 000	73 000	54 000	−139 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	114 000	117 000	85 000	1 000
Total Current Assets	129 000	117 000	88 000	2 000
Total Assets	129 000	117 000	88 000	2 000
Total Equity	−17 000	19 000	−55 000	−109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	66 000	35 000	67 000	51 000
Dividends	0	0	0	0
Other Current Debt	80 000	64 000	76 000	60 000
Total Current Debt	146 000	98 000	142 000	111 000
Total Equity and Debt	129 000	117 000	88 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	211,76 %	384,21 %	−98,18 %	127,52 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−3,84 %	8,93 %	6,57 %	−14,98 %
Current Ratio	0,88	1,19	0,62	0,02
Quick Ratio	0,88	1,19	0,62	0,02
Equity Ratio	−0,13	0,16	−0,63	−54,5
Gross Profit Margin	100 %	98,79 %	96,96 %	96,55 %