UNLIMITED TECHNOLOGY EXCELSIOR AS

4311 HOMMERSÅK

Finances

Share Ownership

Return on Equity

−1 293,33 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	100 000
Net Income	−388 000	−456 000	−40 000
Total Assets	1 325 000	797 000	69 000
Total Equity	30 000	28 000	29 000

Income (NOK)	2022	2021	2020
Revenue	0	0	100 000
Expenditure	498 000	584 000	151 000
Operating Profit	−498 000	−584 000	−51 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−498 000	−584 000	−51 000
Tax	−110 000	−128 000	−11 000
Net Income	−388 000	−456 000	−40 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 325 000	797 000	69 000
Total Assets	1 325 000	797 000	69 000
Total Retained Equity	−884 000	−495 000	−40 000
Total Equity	30 000	28 000	29 000
Total Long-Term Debt	0	0	40 000
Total Current Debt	1 295 000	769 000	0
Total Equity and Debt	1 325 000	797 000	69 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	100 000
Revenue	0	0	100 000
Cost of Goods Sold	25 000	55 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	498 000	584 000	151 000
Operating Profit	−498 000	−584 000	−51 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−388 000	−456 000	−40 000

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	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	152 000	124 000	19 000
Total Current Assets	1 325 000	797 000	69 000
Total Assets	1 325 000	797 000	69 000
Total Equity	30 000	28 000	29 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	40 000
Creditors	68 000	48 000	0
Unpaid Taxes	18 000	0	0
Dividends	0	0	0
Other Current Debt	1 209 000	721 000	0
Total Current Debt	1 295 000	769 000	0
Total Equity and Debt	1 325 000	797 000	69 000

Financial indicators	2022	2021	2020
Return on Equity	−1 293,33 %	−1 628,57 %	−137,93 %
Debt-to-Equity Ratio	0	0	1,38
Operating Profit Margin	-	-	−51 %
Current Ratio	1,02	1,04	-
Quick Ratio	1,02	1,04	-
Equity Ratio	0,02	0,04	0,42
Gross Profit Margin	-	-	100 %