UPNORTH INVEST AS

1392 VETTRE

Finances

Return on Equity

94,44 %

Current Ratio

9,83

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 000	0	0	0
Net Income	289 000	−4 000	−3 000	−6 000
Total Assets	380 000	90 000	95 000	87 000
Total Equity	306 000	17 000	21 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 000	0	0	0
Expenditure	3 000	14 000	3 000	6 000
Operating Profit	32 000	−14 000	−3 000	−6 000
Financial Income	263 000	10 000	0	0
Financial Costs	0	0	0	0
Financial Balance	263 000	10 000	0	0
Earnings Before Tax	295 000	−4 000	−3 000	−6 000
Tax	6 000	0	0	0
Net Income	289 000	−4 000	−3 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 000	69 000	69 000	62 000
Total Current Assets	59 000	21 000	26 000	24 000
Total Assets	380 000	90 000	95 000	87 000
Total Retained Equity	276 000	−13 000	−9 000	−6 000
Total Equity	306 000	17 000	21 000	24 000
Total Long-Term Debt	68 000	73 000	74 000	62 000
Total Current Debt	6 000	0	0	0
Total Equity and Debt	380 000	90 000	95 000	87 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	0	0	0
Other Income	0	0	0	0
Revenue	35 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 000	14 000	3 000	6 000
Operating Profit	32 000	−14 000	−3 000	−6 000
Financial Income	263 000	10 000	0	0
Financial Costs	0	0	0	0
Financial Balance	263 000	10 000	0	0
Dividends	0	0	0	0
Net Income	289 000	−4 000	−3 000	−6 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	322 000	69 000	69 000	62 000
Total Fixed Assets	322 000	69 000	69 000	62 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	21 000	26 000	24 000
Total Current Assets	59 000	21 000	26 000	24 000
Total Assets	380 000	90 000	95 000	87 000
Total Equity	306 000	17 000	21 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 000	73 000	74 000	62 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	6 000	0	0	0
Total Equity and Debt	380 000	90 000	95 000	87 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,44 %	−23,53 %	−14,29 %	−25 %
Debt-to-Equity Ratio	0,22	4,29	3,52	2,58
Operating Profit Margin	91,43 %	-	-	-
Current Ratio	9,83	-	-	-
Quick Ratio	9,83	-	-	-
Equity Ratio	0,81	0,19	0,22	0,28
Gross Profit Margin	100 %	-	-	-