U-GO PRODUCTS AS

4070 RANDABERG

Finances

Return on Equity

−15,97 %

Current Ratio

3,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000	493 000	886 000	472 000
Net Income	−23 000	−165 000	223 000	−121 000
Total Assets	179 000	260 000	460 000	143 000
Total Equity	144 000	167 000	332 000	79 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000	493 000	886 000	472 000
Expenditure	75 000	658 000	639 000	592 000
Operating Profit	−64 000	−165 000	247 000	−121 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−64 000	−165 000	247 000	−121 000
Tax	−41 000	0	24 000	0
Net Income	−23 000	−165 000	223 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	0	0	0
Total Current Assets	137 000	260 000	460 000	143 000
Total Assets	179 000	260 000	460 000	143 000
Total Retained Equity	−86 000	−63 000	102 000	−121 000
Total Equity	144 000	167 000	332 000	79 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 000	93 000	128 000	64 000
Total Equity and Debt	179 000	260 000	460 000	143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 000	23 000	66 000	41 000
Other Income	0	470 000	820 000	431 000
Revenue	10 000	493 000	886 000	472 000
Cost of Goods Sold	21 000	13 000	16 000	9 000
Salary Costs	−2 000	344 000	450 000	371 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	75 000	658 000	639 000	592 000
Operating Profit	−64 000	−165 000	247 000	−121 000
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	−23 000	−165 000	223 000	−121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	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	41 000	0	0	0
Stock	34 000	53 000	53 000	0
Total Investments	0	0	0	0
Cash, Bank	70 000	166 000	267 000	101 000
Total Current Assets	137 000	260 000	460 000	143 000
Total Assets	179 000	260 000	460 000	143 000
Total Equity	144 000	167 000	332 000	79 000
Short-Term Group Debt	36 000	36 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	15 000	8 000	1 000
Unpaid Taxes	0	5 000	41 000	23 000
Dividends	0	0	0	0
Other Current Debt	−2 000	37 000	55 000	40 000
Total Current Debt	35 000	93 000	128 000	64 000
Total Equity and Debt	179 000	260 000	460 000	143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,97 %	−98,8 %	67,17 %	−153,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−640 %	−33,47 %	27,88 %	−25,64 %
Current Ratio	3,91	2,8	3,59	2,23
Quick Ratio	137	6,5	6,13	2,23
Equity Ratio	0,8	0,64	0,72	0,55
Gross Profit Margin	−110 %	97,36 %	98,19 %	98,09 %