UNIVERSAL UTVIKLING AS

3023 DRAMMEN

Finances

Share Ownership

Return on Equity

114,36 %

Current Ratio

0,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 980 000	0	150 000	138 000
Net Income	215 000	−146 000	88 000	−31 000
Total Assets	2 120 000	5 790 000	3 525 000	3 264 000
Total Equity	188 000	−30 000	115 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 980 000	0	150 000	138 000
Expenditure	4 678 000	58 000	17 000	121 000
Operating Profit	301 000	−58 000	133 000	17 000
Financial Income	1 000	0	0	0
Financial Costs	88 000	88 000	45 000	48 000
Financial Balance	−87 000	−88 000	−45 000	−48 000
Earnings Before Tax	215 000	−146 000	88 000	−31 000
Tax	0	0	0	0
Net Income	215 000	−146 000	88 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000 000	4 255 000	3 329 000	3 079 000
Total Current Assets	1 120 000	1 535 000	195 000	184 000
Total Assets	2 120 000	5 790 000	3 525 000	3 264 000
Total Retained Equity	88 000	−130 000	15 000	−73 000
Total Equity	188 000	−30 000	115 000	27 000
Total Long-Term Debt	0	2 187 000	185 000	0
Total Current Debt	1 932 000	3 634 000	3 224 000	3 237 000
Total Equity and Debt	2 120 000	5 790 000	3 525 000	3 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 980 000	0	0	0
Other Income	0	0	150 000	138 000
Revenue	4 980 000	0	150 000	138 000
Cost of Goods Sold	4 540 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 678 000	58 000	17 000	121 000
Operating Profit	301 000	−58 000	133 000	17 000
Financial Income	1 000	0	0	0
Financial Costs	88 000	88 000	45 000	48 000
Financial Balance	−87 000	−88 000	−45 000	−48 000
Dividends	0	0	0	0
Net Income	215 000	−146 000	88 000	−31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 000 000	2 768 000	2 768 000	2 768 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 000 000	2 768 000	2 768 000	2 768 000
Total Fiancial Fixed Assets	0	1 487 000	561 000	311 000
Total Fixed Assets	1 000 000	4 255 000	3 329 000	3 079 000
Stock	0	1 494 000	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	41 000	195 000	184 000
Total Current Assets	1 120 000	1 535 000	195 000	184 000
Total Assets	2 120 000	5 790 000	3 525 000	3 264 000
Total Equity	188 000	−30 000	115 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 187 000	185 000	0
Creditors	66 000	158 000	0	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 866 000	3 476 000	3 224 000	3 224 000
Total Current Debt	1 932 000	3 634 000	3 224 000	3 237 000
Total Equity and Debt	2 120 000	5 790 000	3 525 000	3 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	114,36 %	486,67 %	76,52 %	−114,81 %
Debt-to-Equity Ratio	0	−72,9	1,61	0
Operating Profit Margin	6,04 %	-	88,67 %	12,32 %
Current Ratio	0,58	0,42	0,06	0,06
Quick Ratio	0,58	0,72	0,06	0,06
Equity Ratio	0,09	−0,01	0,03	0,01
Gross Profit Margin	8,84 %	-	100 %	100 %