UPPERCUT AS

8520 ANKENES

Finances

Share Ownership

Return on Equity

86,59 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020
Revenue	1 668 000	2 134 000	501 000
Net Income	213 000	−48 000	157 000
Total Assets	841 000	645 000	645 000
Total Equity	246 000	133 000	181 000

Income (NOK)	2022	2021	2020
Revenue	1 668 000	2 134 000	501 000
Expenditure	1 568 000	2 057 000	301 000
Operating Profit	287 000	−46 000	201 000
Financial Income	0	0	0
Financial Costs	11 000	11 000	0
Financial Balance	−11 000	−11 000	0
Earnings Before Tax	276 000	−57 000	201 000
Tax	64 000	−9 000	44 000
Net Income	213 000	−48 000	157 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	174 000	238 000	167 000
Total Current Assets	667 000	408 000	478 000
Total Assets	841 000	645 000	645 000
Total Retained Equity	216 000	103 000	151 000
Total Equity	246 000	133 000	181 000
Total Long-Term Debt	150 000	213 000	17 000
Total Current Debt	446 000	299 000	447 000
Total Equity and Debt	841 000	645 000	645 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 668 000	2 134 000	501 000
Other Income	0	0	0
Revenue	1 668 000	2 134 000	501 000
Cost of Goods Sold	215 000	289 000	−25 000
Salary Costs	922 000	1 383 000	226 000
Depreciation	35 000	35 000	6 000
Impairment	0	0	0
Expenditure	1 568 000	2 057 000	301 000
Operating Profit	287 000	−46 000	201 000
Financial Income	0	0	0
Financial Costs	11 000	11 000	0
Financial Balance	−11 000	−11 000	0
Dividends	100 000	0	0
Net Income	213 000	−48 000	157 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	1 000	0
Real Eastate	57 000	77 000	97 000
Machinery and Plant Facilities	0	0	0
Fixtures	41 000	56 000	70 000
Total Tangible Assets	98 000	132 000	167 000
Total Fiancial Fixed Assets	76 000	105 000	0
Total Fixed Assets	174 000	238 000	167 000
Stock	366 000	179 000	302 000
Total Investments	0	0	0
Cash, Bank	287 000	212 000	120 000
Total Current Assets	667 000	408 000	478 000
Total Assets	841 000	645 000	645 000
Total Equity	246 000	133 000	181 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	150 000	213 000	17 000
Creditors	38 000	32 000	255 000
Unpaid Taxes	122 000	123 000	123 000
Dividends	100 000	0	0
Other Current Debt	129 000	144 000	32 000
Total Current Debt	446 000	299 000	447 000
Total Equity and Debt	841 000	645 000	645 000

Financial indicators	2022	2021	2020
Return on Equity	86,59 %	−36,09 %	86,74 %
Debt-to-Equity Ratio	0,61	1,6	0,09
Operating Profit Margin	17,21 %	−2,16 %	40,12 %
Current Ratio	1,5	1,36	1,07
Quick Ratio	8,34	3,4	3,3
Equity Ratio	0,29	0,21	0,28
Gross Profit Margin	87,11 %	86,46 %	104,99 %