URDAL SERVICES AS

4823 NEDENES

Finances

Share Ownership

Return on Equity

−150 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 759 000	3 055 000	3 098 000	2 807 000
Net Income	−261 000	−77 000	−280 000	−57 000
Total Assets	1 381 000	1 606 000	1 664 000	1 940 000
Total Equity	174 000	436 000	713 000	1 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 759 000	3 055 000	3 098 000	2 807 000
Expenditure	3 027 000	3 139 000	3 387 000	2 878 000
Operating Profit	−268 000	−85 000	−289 000	−70 000
Financial Income	6 000	7 000	8 000	13 000
Financial Costs	0	0	0	0
Financial Balance	6 000	7 000	8 000	13 000
Earnings Before Tax	−261 000	−77 000	−280 000	−57 000
Tax	0	0	0	0
Net Income	−261 000	−77 000	−280 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	80 000	49 000	71 000
Total Current Assets	1 319 000	1 527 000	1 614 000	1 868 000
Total Assets	1 381 000	1 606 000	1 664 000	1 940 000
Total Retained Equity	74 000	336 000	413 000	1 093 000
Total Equity	174 000	436 000	713 000	1 393 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 207 000	1 171 000	951 000	546 000
Total Equity and Debt	1 381 000	1 606 000	1 664 000	1 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 729 000	2 911 000	2 950 000	2 399 000
Other Income	30 000	144 000	148 000	408 000
Revenue	2 759 000	3 055 000	3 098 000	2 807 000
Cost of Goods Sold	483 000	564 000	503 000	154 000
Salary Costs	1 797 000	1 950 000	2 097 000	1 887 000
Depreciation	18 000	15 000	22 000	68 000
Impairment	0	0	0	0
Expenditure	3 027 000	3 139 000	3 387 000	2 878 000
Operating Profit	−268 000	−85 000	−289 000	−70 000
Financial Income	6 000	7 000	8 000	13 000
Financial Costs	0	0	0	0
Financial Balance	6 000	7 000	8 000	13 000
Dividends	0	0	400 000	0
Net Income	−261 000	−77 000	−280 000	−57 000

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	35 000	44 000	0	0
Fixtures	27 000	36 000	49 000	71 000
Total Tangible Assets	62 000	80 000	49 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	62 000	80 000	49 000	71 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	206 000	792 000	1 030 000	1 113 000
Total Current Assets	1 319 000	1 527 000	1 614 000	1 868 000
Total Assets	1 381 000	1 606 000	1 664 000	1 940 000
Total Equity	174 000	436 000	713 000	1 393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	58 000	3 000	40 000
Unpaid Taxes	233 000	240 000	299 000	256 000
Dividends	0	0	400 000	0
Other Current Debt	967 000	873 000	249 000	251 000
Total Current Debt	1 207 000	1 171 000	951 000	546 000
Total Equity and Debt	1 381 000	1 606 000	1 664 000	1 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−150 %	−17,66 %	−39,27 %	−4,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,71 %	−2,78 %	−9,33 %	−2,49 %
Current Ratio	1,09	1,3	1,7	3,42
Quick Ratio	1,09	1,3	1,7	3,42
Equity Ratio	0,13	0,27	0,43	0,72
Gross Profit Margin	82,49 %	81,54 %	83,76 %	94,51 %