CC UTVIKLING AS

0369 OSLO

Finances

Return on Equity

56,55 %

Current Ratio

4,77

Debt-to-Equity Ratio

−6,73

Key figures (NOK)	2021	2020	2019
Revenue	1 813 000	1 273 000	630 000
Net Income	−2 228 000	−1 310 000	−432 000
Total Assets	23 017 000	24 914 000	20 020 000
Total Equity	−3 940 000	−1 712 000	−402 000

Income (NOK)	2021	2020	2019
Revenue	1 813 000	1 273 000	630 000
Expenditure	1 962 000	1 044 000	474 000
Operating Profit	−149 000	228 000	157 000
Financial Income	1 000	0	0
Financial Costs	2 079 000	1 539 000	589 000
Financial Balance	−2 078 000	−1 539 000	−589 000
Earnings Before Tax	−2 228 000	−1 310 000	−432 000
Tax	0	0	0
Net Income	−2 228 000	−1 310 000	−432 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	20 835 000	20 052 000	20 017 000
Total Current Assets	2 182 000	4 861 000	4 000
Total Assets	23 017 000	24 914 000	20 020 000
Total Retained Equity	−3 970 000	−1 742 000	−432 000
Total Equity	−3 940 000	−1 712 000	−402 000
Total Long-Term Debt	26 500 000	26 500 000	20 232 000
Total Current Debt	457 000	126 000	191 000
Total Equity and Debt	23 017 000	24 914 000	20 020 000

Cash flow (NOK)	2021	2020	2019
Sales Income	0	0	0
Other Income	1 813 000	1 273 000	630 000
Revenue	1 813 000	1 273 000	630 000
Cost of Goods Sold	0	5 000	5 000
Salary Costs	1 273 000	795 000	1 000
Depreciation	447 000	23 000	12 000
Impairment	0	0	0
Expenditure	1 962 000	1 044 000	474 000
Operating Profit	−149 000	228 000	157 000
Financial Income	1 000	0	0
Financial Costs	2 079 000	1 539 000	589 000
Financial Balance	−2 078 000	−1 539 000	−589 000
Dividends	0	0	0
Net Income	−2 228 000	−1 310 000	−432 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	18 053 000	18 452 000	18 452 000
Machinery and Plant Facilities	160 000	0	0
Fixtures	1 552 000	1 600 000	1 564 000
Total Tangible Assets	19 765 000	20 052 000	20 017 000
Total Fiancial Fixed Assets	1 070 000	0	0
Total Fixed Assets	20 835 000	20 052 000	20 017 000
Stock	0	0	0
Total Investments	198 000	3 001 000	0
Cash, Bank	1 828 000	1 860 000	4 000
Total Current Assets	2 182 000	4 861 000	4 000
Total Assets	23 017 000	24 914 000	20 020 000
Total Equity	−3 940 000	−1 712 000	−402 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	26 500 000	26 500 000	20 232 000
Creditors	0	1 000	191 000
Unpaid Taxes	64 000	56 000	0
Dividends	0	0	0
Other Current Debt	393 000	69 000	0
Total Current Debt	457 000	126 000	191 000
Total Equity and Debt	23 017 000	24 914 000	20 020 000

Financial indicators	2021	2020	2019
Return on Equity	56,55 %	76,52 %	107,46 %
Debt-to-Equity Ratio	−6,73	−15,48	−50,33
Operating Profit Margin	−8,22 %	17,91 %	24,92 %
Current Ratio	4,77	38,58	0,02
Quick Ratio	4,77	38,58	0,02
Equity Ratio	−0,17	−0,07	−0,02
Gross Profit Margin	100 %	99,61 %	99,21 %