UDNES & HOLTER ENTREPRENØR AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

92,68 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020
Revenue	61 541 000	51 108 000	20 495 000
Net Income	4 510 000	6 306 000	1 558 000
Total Assets	17 383 000	20 783 000	11 349 000
Total Equity	4 866 000	4 357 000	2 050 000

Income (NOK)	2022	2021	2020
Revenue	61 541 000	51 108 000	20 495 000
Expenditure	55 759 000	43 023 000	18 499 000
Operating Profit	5 783 000	8 084 000	1 996 000
Financial Income	4 000	2 000	0
Financial Costs	4 000	0	0
Financial Balance	0	2 000	0
Earnings Before Tax	5 783 000	8 086 000	1 996 000
Tax	1 273 000	1 780 000	437 000
Net Income	4 510 000	6 306 000	1 558 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	145 000	187 000	23 000
Total Current Assets	17 238 000	20 597 000	11 326 000
Total Assets	17 383 000	20 783 000	11 349 000
Total Retained Equity	4 366 000	3 857 000	1 550 000
Total Equity	4 866 000	4 357 000	2 050 000
Total Long-Term Debt	768 000	377 000	362 000
Total Current Debt	11 748 000	16 050 000	8 936 000
Total Equity and Debt	17 383 000	20 783 000	11 349 000

Cash flow (NOK)	2022	2021	2020
Sales Income	60 376 000	50 623 000	20 495 000
Other Income	1 165 000	485 000	0
Revenue	61 541 000	51 108 000	20 495 000
Cost of Goods Sold	53 608 000	40 911 000	17 022 000
Salary Costs	1 550 000	1 786 000	1 206 000
Depreciation	42 000	19 000	3 000
Impairment	0	0	0
Expenditure	55 759 000	43 023 000	18 499 000
Operating Profit	5 783 000	8 084 000	1 996 000
Financial Income	4 000	2 000	0
Financial Costs	4 000	0	0
Financial Balance	0	2 000	0
Dividends	4 000 000	4 000 000	0
Net Income	4 510 000	6 306 000	1 558 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	145 000	187 000	23 000
Fixtures	0	0	0
Total Tangible Assets	145 000	187 000	23 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	145 000	187 000	23 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	7 791 000	9 799 000	6 198 000
Total Current Assets	17 238 000	20 597 000	11 326 000
Total Assets	17 383 000	20 783 000	11 349 000
Total Equity	4 866 000	4 357 000	2 050 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	768 000	377 000	362 000
Creditors	6 408 000	5 414 000	3 595 000
Unpaid Taxes	220 000	729 000	1 074 000
Dividends	4 000 000	4 000 000	0
Other Current Debt	238 000	4 141 000	4 192 000
Total Current Debt	11 748 000	16 050 000	8 936 000
Total Equity and Debt	17 383 000	20 783 000	11 349 000

Financial indicators	2022	2021	2020
Return on Equity	92,68 %	144,73 %	76 %
Debt-to-Equity Ratio	0,16	0,09	0,18
Operating Profit Margin	9,4 %	15,82 %	9,74 %
Current Ratio	1,47	1,28	1,27
Quick Ratio	1,47	1,28	1,27
Equity Ratio	0,28	0,21	0,18
Gross Profit Margin	12,89 %	19,95 %	16,95 %