URBAN UTVIKLING AS

0566 OSLO

Finances

Share Ownership

Return on Equity

−174,34 %

Current Ratio

1,78

Debt-to-Equity Ratio

2,6

Key figures (NOK)	2021	2020	2019
Revenue	5 258 000	9 838 000	0
Net Income	−197 000	537 000	−127 000
Total Assets	564 000	3 214 000	5 220 000
Total Equity	113 000	510 000	−27 000

Income (NOK)	2021	2020	2019
Revenue	5 258 000	9 838 000	0
Expenditure	5 383 000	9 076 000	134 000
Operating Profit	−125 000	762 000	−134 000
Financial Income	0	2 000	0
Financial Costs	73 000	75 000	29 000
Financial Balance	−73 000	−73 000	−29 000
Earnings Before Tax	−197 000	689 000	−163 000
Tax	0	151 000	−36 000
Net Income	−197 000	537 000	−127 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	283 000	2 873 000	5 007 000
Total Current Assets	282 000	341 000	213 000
Total Assets	564 000	3 214 000	5 220 000
Total Retained Equity	13 000	410 000	−127 000
Total Equity	113 000	510 000	−27 000
Total Long-Term Debt	294 000	2 500 000	3 247 000
Total Current Debt	158 000	204 000	2 000 000
Total Equity and Debt	564 000	3 214 000	5 220 000

Cash flow (NOK)	2021	2020	2019
Sales Income	5 258 000	9 697 000	0
Other Income	0	140 000	0
Revenue	5 258 000	9 838 000	0
Cost of Goods Sold	4 913 000	8 471 000	0
Salary Costs	0	0	0
Depreciation	63 000	0	0
Impairment	0	0	0
Expenditure	5 383 000	9 076 000	134 000
Operating Profit	−125 000	762 000	−134 000
Financial Income	0	2 000	0
Financial Costs	73 000	75 000	29 000
Financial Balance	−73 000	−73 000	−29 000
Dividends	0	0	0
Net Income	−197 000	537 000	−127 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	36 000
Real Eastate	0	2 873 000	4 971 000
Machinery and Plant Facilities	0	0	0
Fixtures	283 000	0	0
Total Tangible Assets	283 000	2 873 000	4 971 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	283 000	2 873 000	5 007 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	36 000	195 000	213 000
Total Current Assets	282 000	341 000	213 000
Total Assets	564 000	3 214 000	5 220 000
Total Equity	113 000	510 000	−27 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	294 000	2 500 000	3 247 000
Creditors	46 000	77 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	112 000	12 000	2 000 000
Total Current Debt	158 000	204 000	2 000 000
Total Equity and Debt	564 000	3 214 000	5 220 000

Financial indicators	2021	2020	2019
Return on Equity	−174,34 %	105,29 %	470,37 %
Debt-to-Equity Ratio	2,6	4,9	−120,26
Operating Profit Margin	−2,38 %	7,75 %	-
Current Ratio	1,78	1,67	0,11
Quick Ratio	1,78	1,67	0,11
Equity Ratio	0,2	0,16	−0,01
Gross Profit Margin	6,56 %	13,9 %	-