UTGAARD AS

7038 TRONDHEIM

Finances

Return on Equity

2,85 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 114 000	17 698 000	17 149 000	22 449 000
Net Income	119 000	366 000	1 096 000	1 009 000
Total Assets	7 273 000	7 582 000	7 622 000	6 493 000
Total Equity	4 182 000	4 467 000	4 300 000	3 954 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 114 000	17 698 000	17 149 000	22 449 000
Expenditure	12 919 000	17 177 000	15 687 000	21 085 000
Operating Profit	195 000	521 000	1 463 000	1 365 000
Financial Income	25 000	4 000	10 000	11 000
Financial Costs	62 000	49 000	60 000	77 000
Financial Balance	−37 000	−45 000	−50 000	−66 000
Earnings Before Tax	158 000	475 000	1 413 000	1 299 000
Tax	39 000	109 000	317 000	291 000
Net Income	119 000	366 000	1 096 000	1 009 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 600 000	2 206 000	889 000	1 149 000
Total Current Assets	4 673 000	5 377 000	6 733 000	5 344 000
Total Assets	7 273 000	7 582 000	7 622 000	6 493 000
Total Retained Equity	2 865 000	3 150 000	2 984 000	2 637 000
Total Equity	4 182 000	4 467 000	4 300 000	3 954 000
Total Long-Term Debt	552 000	257 000	233 000	260 000
Total Current Debt	2 538 000	2 858 000	3 089 000	2 279 000
Total Equity and Debt	7 273 000	7 582 000	7 622 000	6 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 114 000	17 698 000	17 149 000	22 449 000
Other Income	0	0	0	0
Revenue	13 114 000	17 698 000	17 149 000	22 449 000
Cost of Goods Sold	4 436 000	7 850 000	5 126 000	10 013 000
Salary Costs	6 367 000	7 247 000	8 238 000	8 694 000
Depreciation	257 000	156 000	136 000	130 000
Impairment	0	0	0	0
Expenditure	12 919 000	17 177 000	15 687 000	21 085 000
Operating Profit	195 000	521 000	1 463 000	1 365 000
Financial Income	25 000	4 000	10 000	11 000
Financial Costs	62 000	49 000	60 000	77 000
Financial Balance	−37 000	−45 000	−50 000	−66 000
Dividends	0	200 000	750 000	0
Net Income	119 000	366 000	1 096 000	1 009 000

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	1 146 000	756 000	543 000	470 000
Total Tangible Assets	1 146 000	756 000	543 000	470 000
Total Fiancial Fixed Assets	1 454 000	1 449 000	346 000	678 000
Total Fixed Assets	2 600 000	2 206 000	889 000	1 149 000
Stock	58 000	595 000	181 000	502 000
Total Investments	0	0	0	0
Cash, Bank	607 000	211 000	3 629 000	1 691 000
Total Current Assets	4 673 000	5 377 000	6 733 000	5 344 000
Total Assets	7 273 000	7 582 000	7 622 000	6 493 000
Total Equity	4 182 000	4 467 000	4 300 000	3 954 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	552 000	257 000	233 000	260 000
Creditors	305 000	689 000	397 000	206 000
Unpaid Taxes	974 000	1 002 000	1 239 000	980 000
Dividends	0	200 000	750 000	0
Other Current Debt	1 260 000	967 000	830 000	898 000
Total Current Debt	2 538 000	2 858 000	3 089 000	2 279 000
Total Equity and Debt	7 273 000	7 582 000	7 622 000	6 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,85 %	8,19 %	25,49 %	25,52 %
Debt-to-Equity Ratio	0,13	0,06	0,05	0,07
Operating Profit Margin	1,49 %	2,94 %	8,53 %	6,08 %
Current Ratio	1,84	1,88	2,18	2,34
Quick Ratio	1,88	2,38	2,32	3,01
Equity Ratio	0,58	0,59	0,56	0,61
Gross Profit Margin	66,17 %	55,64 %	70,11 %	55,4 %