UTU NORGE AS

0661 OSLO

Finances

Share Ownership

Return on Equity

29,3 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 333 000	74 368 000	74 781 000	83 014 000
Net Income	7 026 000	10 197 000	7 663 000	5 696 000
Total Assets	49 976 000	39 633 000	34 280 000	33 374 000
Total Equity	23 982 000	22 164 000	15 055 000	7 392 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 333 000	74 368 000	74 781 000	83 014 000
Expenditure	64 706 000	63 649 000	65 877 000	76 640 000
Operating Profit	9 627 000	10 719 000	8 905 000	6 373 000
Financial Income	949 000	724 000	1 726 000	92 000
Financial Costs	1 543 000	1 246 000	2 968 000	769 000
Financial Balance	−594 000	−522 000	−1 242 000	−677 000
Earnings Before Tax	9 033 000	10 197 000	7 663 000	5 696 000
Tax	2 006 000	0	0	0
Net Income	7 026 000	10 197 000	7 663 000	5 696 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	777 000	631 000	929 000	6 000
Total Current Assets	49 199 000	39 003 000	33 351 000	33 367 000
Total Assets	49 976 000	39 633 000	34 280 000	33 374 000
Total Retained Equity	0	−14 936 000	−22 045 000	−29 708 000
Total Equity	23 982 000	22 164 000	15 055 000	7 392 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 994 000	17 469 000	19 224 000	25 982 000
Total Equity and Debt	49 976 000	39 633 000	34 280 000	33 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 333 000	74 368 000	74 781 000	83 014 000
Other Income	0	0	0	0
Revenue	74 333 000	74 368 000	74 781 000	83 014 000
Cost of Goods Sold	45 230 000	44 596 000	46 295 000	51 565 000
Salary Costs	14 006 000	14 269 000	11 959 000	14 614 000
Depreciation	155 000	155 000	32 000	5 000
Impairment	0	0	0	0
Expenditure	64 706 000	63 649 000	65 877 000	76 640 000
Operating Profit	9 627 000	10 719 000	8 905 000	6 373 000
Financial Income	949 000	724 000	1 726 000	92 000
Financial Costs	1 543 000	1 246 000	2 968 000	769 000
Financial Balance	−594 000	−522 000	−1 242 000	−677 000
Dividends	5 880 000	3 088 000	0	0
Net Income	7 026 000	10 197 000	7 663 000	5 696 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	297 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	440 000	595 000	750 000	0
Fixtures	0	0	0	6 000
Total Tangible Assets	440 000	595 000	750 000	6 000
Total Fiancial Fixed Assets	40 000	36 000	179 000	0
Total Fixed Assets	777 000	631 000	929 000	6 000
Stock	4 009 000	3 426 000	3 616 000	3 143 000
Total Investments	0	0	0	0
Cash, Bank	24 280 000	22 042 000	17 006 000	16 923 000
Total Current Assets	49 199 000	39 003 000	33 351 000	33 367 000
Total Assets	49 976 000	39 633 000	34 280 000	33 374 000
Total Equity	23 982 000	22 164 000	15 055 000	7 392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000 000	5 843 000	6 020 000	11 851 000
Unpaid Taxes	4 410 000	3 929 000	3 581 000	875 000
Dividends	5 880 000	3 088 000	0	0
Other Current Debt	7 951 000	7 697 000	9 623 000	13 255 000
Total Current Debt	25 994 000	17 469 000	19 224 000	25 982 000
Total Equity and Debt	49 976 000	39 633 000	34 280 000	33 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,3 %	46,01 %	50,9 %	77,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,95 %	14,41 %	11,91 %	7,68 %
Current Ratio	1,89	2,23	1,73	1,28
Quick Ratio	2,24	2,78	2,14	1,46
Equity Ratio	0,48	0,56	0,44	0,22
Gross Profit Margin	39,15 %	40,03 %	38,09 %	37,88 %