UPSCALE AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

15,64 %

Current Ratio

2,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	696 000	600 000	469 000	186 000
Net Income	28 000	22 000	47 000	48 000
Total Assets	299 000	228 000	221 000	117 000
Total Equity	179 000	152 000	130 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	696 000	600 000	469 000	186 000
Expenditure	675 000	576 000	409 000	125 000
Operating Profit	36 000	28 000	60 000	61 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	36 000	28 000	60 000	61 000
Tax	8 000	6 000	13 000	13 000
Net Income	28 000	22 000	47 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	18 000	0	0
Total Current Assets	288 000	210 000	221 000	117 000
Total Assets	299 000	228 000	221 000	117 000
Total Retained Equity	144 000	117 000	95 000	48 000
Total Equity	179 000	152 000	130 000	83 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	120 000	76 000	91 000	35 000
Total Equity and Debt	299 000	228 000	221 000	117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	696 000	593 000	465 000	97 000
Other Income	0	7 000	4 000	89 000
Revenue	696 000	600 000	469 000	186 000
Cost of Goods Sold	8 000	2 000	0	15 000
Salary Costs	356 000	316 000	168 000	2 000
Depreciation	6 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	675 000	576 000	409 000	125 000
Operating Profit	36 000	28 000	60 000	61 000
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	28 000	22 000	47 000	48 000

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	12 000	18 000	0	0
Total Tangible Assets	12 000	18 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	18 000	0	0
Stock	20 000	5 000	0	0
Total Investments	0	0	0	0
Cash, Bank	255 000	202 000	217 000	90 000
Total Current Assets	288 000	210 000	221 000	117 000
Total Assets	299 000	228 000	221 000	117 000
Total Equity	179 000	152 000	130 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	41 000	6 000	19 000	21 000
Unpaid Taxes	33 000	29 000	38 000	0
Dividends	0	0	0	0
Other Current Debt	37 000	35 000	20 000	0
Total Current Debt	120 000	76 000	91 000	35 000
Total Equity and Debt	299 000	228 000	221 000	117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,64 %	14,47 %	36,15 %	57,83 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	5,17 %	4,67 %	12,79 %	32,8 %
Current Ratio	2,4	2,76	2,43	3,34
Quick Ratio	2,88	2,96	2,43	3,34
Equity Ratio	0,6	0,67	0,59	0,71
Gross Profit Margin	98,85 %	99,67 %	100 %	91,94 %