UTEPRODUKTER AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

−278,26 %

Current Ratio

0,98

Debt-to-Equity Ratio

5,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 393 000	7 469 000	9 586 000	12 197 000
Net Income	−320 000	128 000	533 000	406 000
Total Assets	6 260 000	5 379 000	4 136 000	2 915 000
Total Equity	115 000	1 325 000	1 197 000	664 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 393 000	7 469 000	9 586 000	12 197 000
Expenditure	13 654 000	7 532 000	8 845 000	11 607 000
Operating Profit	−261 000	−61 000	741 000	589 000
Financial Income	167 000	287 000	80 000	50 000
Financial Costs	204 000	42 000	131 000	111 000
Financial Balance	−37 000	245 000	−51 000	−61 000
Earnings Before Tax	−297 000	184 000	690 000	529 000
Tax	22 000	55 000	157 000	123 000
Net Income	−320 000	128 000	533 000	406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	905 000	2 344 000	1 845 000	138 000
Total Current Assets	5 355 000	3 035 000	2 291 000	2 777 000
Total Assets	6 260 000	5 379 000	4 136 000	2 915 000
Total Retained Equity	25 000	1 235 000	1 107 000	574 000
Total Equity	115 000	1 325 000	1 197 000	664 000
Total Long-Term Debt	659 000	1 107 000	875 000	0
Total Current Debt	5 486 000	2 947 000	2 064 000	2 251 000
Total Equity and Debt	6 260 000	5 379 000	4 136 000	2 915 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 055 000	7 119 000	9 586 000	12 197 000
Other Income	338 000	350 000	0	0
Revenue	13 393 000	7 469 000	9 586 000	12 197 000
Cost of Goods Sold	10 294 000	4 868 000	7 149 000	9 950 000
Salary Costs	1 157 000	1 267 000	898 000	817 000
Depreciation	189 000	100 000	46 000	0
Impairment	0	0	0	0
Expenditure	13 654 000	7 532 000	8 845 000	11 607 000
Operating Profit	−261 000	−61 000	741 000	589 000
Financial Income	167 000	287 000	80 000	50 000
Financial Costs	204 000	42 000	131 000	111 000
Financial Balance	−37 000	245 000	−51 000	−61 000
Dividends	890 000	0	0	0
Net Income	−320 000	128 000	533 000	406 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	46 000	92 000	138 000
Real Eastate	228 000	241 000	193 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	479 000	609 000	0	0
Total Tangible Assets	707 000	850 000	193 000	0
Total Fiancial Fixed Assets	198 000	1 448 000	1 560 000	0
Total Fixed Assets	905 000	2 344 000	1 845 000	138 000
Stock	180 000	0	0	608 000
Total Investments	0	0	0	0
Cash, Bank	937 000	2 070 000	1 114 000	1 214 000
Total Current Assets	5 355 000	3 035 000	2 291 000	2 777 000
Total Assets	6 260 000	5 379 000	4 136 000	2 915 000
Total Equity	115 000	1 325 000	1 197 000	664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	659 000	1 107 000	875 000	0
Creditors	114 000	1 685 000	1 061 000	1 393 000
Unpaid Taxes	245 000	320 000	692 000	656 000
Dividends	890 000	0	0	0
Other Current Debt	4 215 000	886 000	154 000	80 000
Total Current Debt	5 486 000	2 947 000	2 064 000	2 251 000
Total Equity and Debt	6 260 000	5 379 000	4 136 000	2 915 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−278,26 %	9,66 %	44,53 %	61,14 %
Debt-to-Equity Ratio	5,73	0,84	0,73	0
Operating Profit Margin	−1,95 %	−0,82 %	7,73 %	4,83 %
Current Ratio	0,98	1,03	1,11	1,23
Quick Ratio	1,01	1,03	1,11	1,69
Equity Ratio	0,02	0,25	0,29	0,23
Gross Profit Margin	23,14 %	34,82 %	25,42 %	18,42 %