UNITECH POWER SYSTEMS AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

59,33 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	83 677 000	72 126 000	62 805 000	59 404 000
Net Income	8 398 000	7 925 000	6 175 000	4 202 000
Total Assets	37 753 000	28 680 000	25 828 000	22 768 000
Total Equity	14 155 000	14 343 000	9 418 000	8 243 000

Income (NOK)	2022	2021	2020	2019
Revenue	83 677 000	72 126 000	62 805 000	59 404 000
Expenditure	72 889 000	61 935 000	54 802 000	54 172 000
Operating Profit	10 788 000	10 191 000	8 003 000	5 232 000
Financial Income	144 000	42 000	34 000	292 000
Financial Costs	77 000	68 000	119 000	128 000
Financial Balance	67 000	−26 000	−85 000	164 000
Earnings Before Tax	10 854 000	10 164 000	7 919 000	5 395 000
Tax	2 456 000	2 239 000	1 743 000	1 194 000
Net Income	8 398 000	7 925 000	6 175 000	4 202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 661 000	441 000	531 000	539 000
Total Current Assets	36 092 000	28 240 000	25 297 000	22 229 000
Total Assets	37 753 000	28 680 000	25 828 000	22 768 000
Total Retained Equity	12 995 000	13 183 000	8 259 000	7 083 000
Total Equity	14 155 000	14 343 000	9 418 000	8 243 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	23 598 000	14 337 000	16 409 000	14 525 000
Total Equity and Debt	37 753 000	28 680 000	25 828 000	22 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 744 000	71 944 000	62 652 000	59 242 000
Other Income	933 000	182 000	153 000	162 000
Revenue	83 677 000	72 126 000	62 805 000	59 404 000
Cost of Goods Sold	10 076 000	6 067 000	4 643 000	5 921 000
Salary Costs	53 676 000	47 533 000	42 276 000	40 820 000
Depreciation	267 000	196 000	161 000	66 000
Impairment	0	0	0	0
Expenditure	72 889 000	61 935 000	54 802 000	54 172 000
Operating Profit	10 788 000	10 191 000	8 003 000	5 232 000
Financial Income	144 000	42 000	34 000	292 000
Financial Costs	77 000	68 000	119 000	128 000
Financial Balance	67 000	−26 000	−85 000	164 000
Dividends	0	0	3 000 000	0
Net Income	8 398 000	7 925 000	6 175 000	4 202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	42 000	36 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 654 000	399 000	494 000	496 000
Total Tangible Assets	1 654 000	399 000	494 000	496 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 661 000	441 000	531 000	539 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 670 000	13 508 000	10 081 000	7 578 000
Total Current Assets	36 092 000	28 240 000	25 297 000	22 229 000
Total Assets	37 753 000	28 680 000	25 828 000	22 768 000
Total Equity	14 155 000	14 343 000	9 418 000	8 243 000
Short-Term Group Debt	11 008 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 721 000	1 573 000	2 282 000	3 130 000
Unpaid Taxes	4 130 000	5 111 000	5 091 000	4 291 000
Dividends	0	0	3 000 000	0
Other Current Debt	5 739 000	5 409 000	4 300 000	3 939 000
Total Current Debt	23 598 000	14 337 000	16 409 000	14 525 000
Total Equity and Debt	37 753 000	28 680 000	25 828 000	22 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,33 %	55,25 %	65,57 %	50,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,89 %	14,13 %	12,74 %	8,81 %
Current Ratio	1,53	1,97	1,54	1,53
Quick Ratio	1,53	1,97	1,54	1,53
Equity Ratio	0,37	0,5	0,36	0,36
Gross Profit Margin	87,96 %	91,59 %	92,61 %	90,03 %