STIFTELSEN UNDERWATER TECHNOLOGY FOUNDATION

Share Ownership

Return on Equity

−0,12 %

Current Ratio

28,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	250 000	451 000	462 000	750 000
Net Income	−4 000	147 000	−1 156 000	500 000
Total Assets	3 532 000	3 520 000	3 370 000	4 534 000
Total Equity	3 408 000	3 412 000	3 265 000	4 421 000

Income (NOK)	2022	2021	2020	2019
Revenue	250 000	451 000	462 000	750 000
Expenditure	281 000	307 000	1 632 000	274 000
Operating Profit	−30 000	144 000	−1 171 000	475 000
Financial Income	35 000	8 000	19 000	32 000
Financial Costs	0	0	0	0
Financial Balance	35 000	8 000	19 000	32 000
Earnings Before Tax	5 000	152 000	−1 152 000	507 000
Tax	8 000	5 000	5 000	6 000
Net Income	−4 000	147 000	−1 156 000	500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	60 000	80 000	100 000
Total Current Assets	3 492 000	3 460 000	3 290 000	4 434 000
Total Assets	3 532 000	3 520 000	3 370 000	4 534 000
Total Retained Equity	1 808 000	1 812 000	1 665 000	939 000
Total Equity	3 408 000	3 412 000	3 265 000	4 421 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	124 000	108 000	105 000	113 000
Total Equity and Debt	3 532 000	3 520 000	3 370 000	4 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	250 000	451 000	11 000	750 000
Other Income	0	0	450 000	0
Revenue	250 000	451 000	462 000	750 000
Cost of Goods Sold	0	0	0	0
Salary Costs	200 000	188 000	188 000	188 000
Depreciation	20 000	20 000	20 000	0
Impairment	0	0	0	0
Expenditure	281 000	307 000	1 632 000	274 000
Operating Profit	−30 000	144 000	−1 171 000	475 000
Financial Income	35 000	8 000	19 000	32 000
Financial Costs	0	0	0	0
Financial Balance	35 000	8 000	19 000	32 000
Dividends	0	0	0	0
Net Income	−4 000	147 000	−1 156 000	500 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	60 000	80 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	60 000	80 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 492 000	3 409 000	2 828 000	4 424 000
Total Current Assets	3 492 000	3 460 000	3 290 000	4 434 000
Total Assets	3 532 000	3 520 000	3 370 000	4 534 000
Total Equity	3 408 000	3 412 000	3 265 000	4 421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	96 000	83 000	80 000	86 000
Dividends	0	0	0	0
Other Current Debt	20 000	20 000	20 000	20 000
Total Current Debt	124 000	108 000	105 000	113 000
Total Equity and Debt	3 532 000	3 520 000	3 370 000	4 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,12 %	4,31 %	−35,41 %	11,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12 %	31,93 %	−253,46 %	63,33 %
Current Ratio	28,16	32,04	31,33	39,24
Quick Ratio	28,16	32,04	31,33	39,24
Equity Ratio	0,96	0,97	0,97	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %