UTGAARD SERVICE AS

6057 ELLINGSØY

Finances

Share Ownership

Return on Equity

2,25 %

Current Ratio

0,13

Debt-to-Equity Ratio

−0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 554 000	2 557 000	2 449 000	1 196 000
Net Income	−64 000	−8 000	55 000	−93 000
Total Assets	216 000	260 000	191 000	77 000
Total Equity	−2 848 000	−2 784 000	−2 776 000	−2 831 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 554 000	2 557 000	2 449 000	1 196 000
Expenditure	2 436 000	2 575 000	2 333 000	1 220 000
Operating Profit	11 000	55 000	117 000	−25 000
Financial Income	2 000	1 000	3 000	3 000
Financial Costs	77 000	64 000	65 000	72 000
Financial Balance	−75 000	−63 000	−62 000	−69 000
Earnings Before Tax	−64 000	−8 000	55 000	−93 000
Tax	0	0	0	0
Net Income	−64 000	−8 000	55 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	59 000	0	6 000
Total Current Assets	172 000	200 000	191 000	71 000
Total Assets	216 000	260 000	191 000	77 000
Total Retained Equity	−3 548 000	−3 484 000	−3 476 000	−3 531 000
Total Equity	−2 848 000	−2 784 000	−2 776 000	−2 831 000
Total Long-Term Debt	1 747 000	1 913 000	2 190 000	2 191 000
Total Current Debt	1 317 000	1 130 000	777 000	718 000
Total Equity and Debt	216 000	260 000	191 000	77 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 554 000	2 555 000	2 449 000	1 168 000
Other Income	0	2 000	0	28 000
Revenue	2 554 000	2 557 000	2 449 000	1 196 000
Cost of Goods Sold	1 105 000	1 324 000	1 265 000	757 000
Salary Costs	722 000	667 000	703 000	408 000
Depreciation	15 000	13 000	0	0
Impairment	0	0	0	0
Expenditure	2 436 000	2 575 000	2 333 000	1 220 000
Operating Profit	11 000	55 000	117 000	−25 000
Financial Income	2 000	1 000	3 000	3 000
Financial Costs	77 000	64 000	65 000	72 000
Financial Balance	−75 000	−63 000	−62 000	−69 000
Dividends	0	0	0	0
Net Income	−64 000	−8 000	55 000	−93 000

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	45 000	59 000	0	0
Total Tangible Assets	45 000	59 000	0	0
Total Fiancial Fixed Assets	0	0	0	6 000
Total Fixed Assets	45 000	59 000	0	6 000
Stock	18 000	125 000	51 000	44 000
Total Investments	0	0	0	0
Cash, Bank	82 000	48 000	71 000	16 000
Total Current Assets	172 000	200 000	191 000	71 000
Total Assets	216 000	260 000	191 000	77 000
Total Equity	−2 848 000	−2 784 000	−2 776 000	−2 831 000
Short-Term Group Debt	10 000	16 000	0	0
Total Long-Term Debt	1 747 000	1 913 000	2 190 000	2 191 000
Creditors	10 000	75 000	83 000	24 000
Unpaid Taxes	76 000	64 000	86 000	29 000
Dividends	0	0	0	0
Other Current Debt	1 221 000	975 000	608 000	665 000
Total Current Debt	1 317 000	1 130 000	777 000	718 000
Total Equity and Debt	216 000	260 000	191 000	77 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,25 %	0,29 %	−1,98 %	3,29 %
Debt-to-Equity Ratio	−0,61	−0,69	−0,79	−0,77
Operating Profit Margin	0,43 %	2,15 %	4,78 %	−2,09 %
Current Ratio	0,13	0,18	0,25	0,1
Quick Ratio	0,13	0,2	0,26	0,11
Equity Ratio	−13,19	−10,71	−14,53	−36,77
Gross Profit Margin	56,73 %	48,22 %	48,35 %	36,71 %