USTEKVEIKJA ENERGI AS

3580 GEILO

Finances

Return on Equity

−13,15 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 701 466 000	1 701 376 000	451 704 000	959 627 000
Net Income	−19 596 000	23 521 000	21 664 000	10 271 000
Total Assets	981 810 000	1 318 215 000	352 547 000	468 164 000
Total Equity	149 037 000	178 262 000	155 743 000	140 943 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 701 466 000	1 701 376 000	451 704 000	959 627 000
Expenditure	2 719 519 000	1 674 708 000	427 871 000	943 313 000
Operating Profit	−18 053 000	26 667 000	23 832 000	16 314 000
Financial Income	4 418 000	1 846 000	6 028 000	12 526 000
Financial Costs	10 384 000	2 255 000	3 096 000	14 471 000
Financial Balance	−5 966 000	−409 000	2 932 000	−1 945 000
Earnings Before Tax	−24 019 000	26 258 000	26 764 000	14 369 000
Tax	−4 423 000	2 737 000	5 100 000	4 098 000
Net Income	−19 596 000	23 521 000	21 664 000	10 271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 285 000	31 223 000	32 902 000	34 639 000
Total Current Assets	957 524 000	1 286 992 000	319 646 000	433 525 000
Total Assets	981 810 000	1 318 215 000	352 547 000	468 164 000
Total Retained Equity	137 237 000	166 462 000	143 943 000	129 143 000
Total Equity	149 037 000	178 262 000	155 743 000	140 943 000
Total Long-Term Debt	2 791 000	6 993 000	4 348 000	3 022 000
Total Current Debt	829 982 000	1 132 960 000	192 456 000	324 199 000
Total Equity and Debt	981 810 000	1 318 215 000	352 547 000	468 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 693 914 000	1 679 716 000	449 392 000	957 824 000
Other Income	7 552 000	21 660 000	2 312 000	1 802 000
Revenue	2 701 466 000	1 701 376 000	451 704 000	959 627 000
Cost of Goods Sold	2 649 658 000	1 609 950 000	371 510 000	883 360 000
Salary Costs	33 969 000	34 713 000	26 048 000	25 451 000
Depreciation	1 413 000	2 184 000	2 051 000	1 267 000
Impairment	0	0	0	0
Expenditure	2 719 519 000	1 674 708 000	427 871 000	943 313 000
Operating Profit	−18 053 000	26 667 000	23 832 000	16 314 000
Financial Income	4 418 000	1 846 000	6 028 000	12 526 000
Financial Costs	10 384 000	2 255 000	3 096 000	14 471 000
Financial Balance	−5 966 000	−409 000	2 932 000	−1 945 000
Dividends	0	0	0	0
Net Income	−19 596 000	23 521 000	21 664 000	10 271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 300 000	2 936 000	3 914 000	2 312 000
Real Eastate	8 058 000	17 517 000	17 304 000	15 291 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	456 000	825 000	1 490 000	1 761 000
Total Tangible Assets	8 514 000	18 342 000	18 794 000	17 052 000
Total Fiancial Fixed Assets	10 472 000	9 945 000	10 193 000	15 275 000
Total Fixed Assets	24 285 000	31 223 000	32 902 000	34 639 000
Stock	0	0	0	14 000
Total Investments	3 000	3 000	3 000	3 000
Cash, Bank	401 659 000	661 370 000	160 853 000	201 255 000
Total Current Assets	957 524 000	1 286 992 000	319 646 000	433 525 000
Total Assets	981 810 000	1 318 215 000	352 547 000	468 164 000
Total Equity	149 037 000	178 262 000	155 743 000	140 943 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 791 000	6 993 000	4 348 000	3 022 000
Creditors	58 217 000	37 019 000	16 004 000	15 193 000
Unpaid Taxes	2 456 000	9 387 000	5 195 000	7 352 000
Dividends	0	0	0	0
Other Current Debt	265 584 000	231 471 000	46 505 000	54 359 000
Total Current Debt	829 982 000	1 132 960 000	192 456 000	324 199 000
Total Equity and Debt	981 810 000	1 318 215 000	352 547 000	468 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,15 %	13,19 %	13,91 %	7,29 %
Debt-to-Equity Ratio	0,02	0,04	0,03	0,02
Operating Profit Margin	−0,67 %	1,57 %	5,28 %	1,7 %
Current Ratio	1,15	1,14	1,66	1,34
Quick Ratio	1,15	1,14	1,66	1,34
Equity Ratio	0,15	0,14	0,44	0,3
Gross Profit Margin	1,92 %	5,37 %	17,75 %	7,95 %