UTFORVEIEN BORETTSLAG

8514 NARVIK

Finances

Share Ownership

Return on Equity

14,43 %

Current Ratio

6,35

Debt-to-Equity Ratio

3,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	646 000	636 000	537 000	524 000
Net Income	230 000	239 000	−914 000	−498 000
Total Assets	8 038 000	7 979 000	8 056 000	8 012 000
Total Equity	1 594 000	1 364 000	1 124 000	2 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	646 000	636 000	537 000	524 000
Expenditure	332 000	340 000	1 391 000	965 000
Operating Profit	315 000	297 000	−854 000	−441 000
Financial Income	0	0	0	0
Financial Costs	84 000	58 000	60 000	58 000
Financial Balance	−84 000	−58 000	−60 000	−58 000
Earnings Before Tax	230 000	239 000	−914 000	−498 000
Tax	0	0	0	0
Net Income	230 000	239 000	−914 000	−498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 930 000	7 880 000	7 830 000	7 830 000
Total Current Assets	108 000	99 000	226 000	182 000
Total Assets	8 038 000	7 979 000	8 056 000	8 012 000
Total Retained Equity	1 594 000	1 364 000	1 124 000	2 038 000
Total Equity	1 594 000	1 364 000	1 124 000	2 038 000
Total Long-Term Debt	6 257 000	6 489 000	6 736 000	5 898 000
Total Current Debt	17 000	6 000	126 000	5 000
Total Equity and Debt	8 038 000	7 979 000	8 056 000	8 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	646 000	636 000	537 000	524 000
Revenue	646 000	636 000	537 000	524 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	18 000	17 000	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	332 000	340 000	1 391 000	965 000
Operating Profit	315 000	297 000	−854 000	−441 000
Financial Income	0	0	0	0
Financial Costs	84 000	58 000	60 000	58 000
Financial Balance	−84 000	−58 000	−60 000	−58 000
Dividends	0	0	0	0
Net Income	230 000	239 000	−914 000	−498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 760 000	7 760 000	7 760 000	7 760 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 760 000	7 760 000	7 760 000	7 760 000
Total Fiancial Fixed Assets	170 000	120 000	70 000	70 000
Total Fixed Assets	7 930 000	7 880 000	7 830 000	7 830 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	99 000	223 000	180 000
Total Current Assets	108 000	99 000	226 000	182 000
Total Assets	8 038 000	7 979 000	8 056 000	8 012 000
Total Equity	1 594 000	1 364 000	1 124 000	2 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 257 000	6 489 000	6 736 000	5 898 000
Creditors	1 000	0	120 000	0
Unpaid Taxes	7 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	6 000	6 000	5 000
Total Current Debt	17 000	6 000	126 000	5 000
Total Equity and Debt	8 038 000	7 979 000	8 056 000	8 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,43 %	17,52 %	−81,32 %	−24,44 %
Debt-to-Equity Ratio	3,93	4,76	5,99	2,89
Operating Profit Margin	48,76 %	46,7 %	−159,03 %	−84,16 %
Current Ratio	6,35	16,5	1,79	36,4
Quick Ratio	6,35	16,5	1,79	36,4
Equity Ratio	0,2	0,17	0,14	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %