URVAAG AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

182,74 %

Current Ratio

1,3

Debt-to-Equity Ratio

122,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 789 000	38 440 000	52 571 000	43 974 000
Net Income	3 622 000	6 393 000	6 409 000	4 768 000
Total Assets	280 945 000	13 313 000	63 313 000	60 012 000
Total Equity	1 982 000	860 000	7 501 000	26 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 789 000	38 440 000	52 571 000	43 974 000
Expenditure	10 894 000	30 348 000	44 632 000	38 415 000
Operating Profit	5 894 000	8 093 000	7 939 000	5 560 000
Financial Income	75 000	180 000	435 000	688 000
Financial Costs	1 310 000	51 000	131 000	96 000
Financial Balance	−1 235 000	129 000	304 000	592 000
Earnings Before Tax	4 659 000	8 222 000	8 243 000	6 152 000
Tax	1 038 000	1 830 000	1 833 000	1 385 000
Net Income	3 622 000	6 393 000	6 409 000	4 768 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	234 595 000	0	16 200 000	29 660 000
Total Current Assets	46 350 000	13 313 000	47 113 000	30 353 000
Total Assets	280 945 000	13 313 000	63 313 000	60 012 000
Total Retained Equity	1 232 000	110 000	1 000	19 056 000
Total Equity	1 982 000	860 000	7 501 000	26 556 000
Total Long-Term Debt	243 317 000	3 048 000	3 413 000	3 829 000
Total Current Debt	35 646 000	9 406 000	52 399 000	29 628 000
Total Equity and Debt	280 945 000	13 313 000	63 313 000	60 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 898 000	35 826 000	48 449 000	43 963 000
Other Income	891 000	2 614 000	4 122 000	11 000
Revenue	16 789 000	38 440 000	52 571 000	43 974 000
Cost of Goods Sold	3 149 000	14 699 000	21 481 000	17 656 000
Salary Costs	6 479 000	10 752 000	12 930 000	12 609 000
Depreciation	498 000	638 000	900 000	900 000
Impairment	0	0	0	0
Expenditure	10 894 000	30 348 000	44 632 000	38 415 000
Operating Profit	5 894 000	8 093 000	7 939 000	5 560 000
Financial Income	75 000	180 000	435 000	688 000
Financial Costs	1 310 000	51 000	131 000	96 000
Financial Balance	−1 235 000	129 000	304 000	592 000
Dividends	2 500 000	0	25 464 000	4 500 000
Net Income	3 622 000	6 393 000	6 409 000	4 768 000

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	0	0	0	0
Total Tangible Assets	234 595 000	0	16 200 000	17 100 000
Total Fiancial Fixed Assets	0	0	0	12 560 000
Total Fixed Assets	234 595 000	0	16 200 000	29 660 000
Stock	9 976 000	0	964 000	435 000
Total Investments	0	0	0	0
Cash, Bank	10 866 000	12 901 000	29 006 000	26 738 000
Total Current Assets	46 350 000	13 313 000	47 113 000	30 353 000
Total Assets	280 945 000	13 313 000	63 313 000	60 012 000
Total Equity	1 982 000	860 000	7 501 000	26 556 000
Short-Term Group Debt	7 001 000	8 479 000	0	0
Total Long-Term Debt	243 317 000	3 048 000	3 413 000	3 829 000
Creditors	24 975 000	18 000	5 808 000	2 039 000
Unpaid Taxes	0	909 000	629 000	1 377 000
Dividends	2 500 000	0	25 464 000	4 500 000
Other Current Debt	1 170 000	0	249 000	1 815 000
Total Current Debt	35 646 000	9 406 000	52 399 000	29 628 000
Total Equity and Debt	280 945 000	13 313 000	63 313 000	60 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	182,74 %	743,37 %	85,44 %	17,95 %
Debt-to-Equity Ratio	122,76	3,54	0,46	0,14
Operating Profit Margin	35,11 %	21,05 %	15,1 %	12,64 %
Current Ratio	1,3	1,42	0,9	1,02
Quick Ratio	1,81	1,42	0,92	1,04
Equity Ratio	0,01	0,06	0,12	0,44
Gross Profit Margin	81,24 %	61,76 %	59,14 %	59,85 %