UTNE ELEKTRO AS

1727 SARPSBORG

Finances

Share Ownership

Return on Equity

70,26 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 127 000	7 271 000	4 992 000	2 745 000
Net Income	919 000	324 000	724 000	256 000
Total Assets	3 040 000	3 362 000	2 198 000	1 140 000
Total Equity	1 308 000	389 000	1 064 000	356 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 127 000	7 271 000	4 992 000	2 745 000
Expenditure	8 940 000	6 851 000	4 060 000	2 411 000
Operating Profit	1 187 000	421 000	933 000	333 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	1 188 000	421 000	932 000	333 000
Tax	268 000	97 000	208 000	77 000
Net Income	919 000	324 000	724 000	256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	102 000	69 000	87 000
Total Current Assets	2 940 000	3 259 000	2 129 000	1 053 000
Total Assets	3 040 000	3 362 000	2 198 000	1 140 000
Total Retained Equity	1 208 000	289 000	964 000	256 000
Total Equity	1 308 000	389 000	1 064 000	356 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	1 732 000	2 973 000	1 134 000	780 000
Total Equity and Debt	3 040 000	3 362 000	2 198 000	1 140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 127 000	7 271 000	4 992 000	2 745 000
Other Income	0	0	0	0
Revenue	10 127 000	7 271 000	4 992 000	2 745 000
Cost of Goods Sold	3 061 000	2 663 000	1 527 000	1 146 000
Salary Costs	4 137 000	3 132 000	1 878 000	931 000
Depreciation	23 000	19 000	18 000	1 000
Impairment	0	0	0	0
Expenditure	8 940 000	6 851 000	4 060 000	2 411 000
Operating Profit	1 187 000	421 000	933 000	333 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	1 000	1 000	0	0
Dividends	0	1 000 000	0	0
Net Income	919 000	324 000	724 000	256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	32 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	70 000	69 000	87 000
Total Tangible Assets	74 000	70 000	69 000	87 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	100 000	102 000	69 000	87 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 235 000	2 429 000	1 548 000	945 000
Total Current Assets	2 940 000	3 259 000	2 129 000	1 053 000
Total Assets	3 040 000	3 362 000	2 198 000	1 140 000
Total Equity	1 308 000	389 000	1 064 000	356 000
Short-Term Group Debt	19 000	19 000	20 000	0
Total Long-Term Debt	0	0	0	4 000
Creditors	388 000	848 000	240 000	377 000
Unpaid Taxes	606 000	621 000	453 000	214 000
Dividends	0	1 000 000	0	0
Other Current Debt	457 000	357 000	213 000	115 000
Total Current Debt	1 732 000	2 973 000	1 134 000	780 000
Total Equity and Debt	3 040 000	3 362 000	2 198 000	1 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,26 %	83,29 %	68,05 %	71,91 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	11,72 %	5,79 %	18,69 %	12,13 %
Current Ratio	1,7	1,1	1,88	1,35
Quick Ratio	1,7	1,1	1,88	1,35
Equity Ratio	0,43	0,12	0,48	0,31
Gross Profit Margin	69,77 %	63,38 %	69,41 %	58,25 %