U-TURN VENTURES AS

1456 NESODDTANGEN

Finances

Return on Equity

20,25 %

Current Ratio

54,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	58 000
Net Income	6 115 000	3 327 000	5 558 000	514 000
Total Assets	30 700 000	26 723 000	22 791 000	17 195 000
Total Equity	30 196 000	24 080 000	22 753 000	17 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	1 000	58 000
Expenditure	140 000	138 000	72 000	161 000
Operating Profit	−140 000	−138 000	−71 000	−102 000
Financial Income	8 838 000	8 040 000	7 981 000	8 204 000
Financial Costs	2 298 000	4 382 000	2 352 000	7 588 000
Financial Balance	6 540 000	3 658 000	5 629 000	616 000
Earnings Before Tax	6 400 000	3 520 000	5 558 000	514 000
Tax	285 000	193 000	0	0
Net Income	6 115 000	3 327 000	5 558 000	514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 348 000	5 539 000	3 935 000	4 171 000
Total Current Assets	27 351 000	21 184 000	18 856 000	13 025 000
Total Assets	30 700 000	26 723 000	22 791 000	17 195 000
Total Retained Equity	29 775 000	23 660 000	22 332 000	16 775 000
Total Equity	30 196 000	24 080 000	22 753 000	17 195 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	504 000	2 643 000	38 000	0
Total Equity and Debt	30 700 000	26 723 000	22 791 000	17 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	58 000
Other Income	0	0	1 000	0
Revenue	0	0	1 000	58 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	140 000	138 000	72 000	161 000
Operating Profit	−140 000	−138 000	−71 000	−102 000
Financial Income	8 838 000	8 040 000	7 981 000	8 204 000
Financial Costs	2 298 000	4 382 000	2 352 000	7 588 000
Financial Balance	6 540 000	3 658 000	5 629 000	616 000
Dividends	0	2 000 000	0	0
Net Income	6 115 000	3 327 000	5 558 000	514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	3 348 000	5 539 000	3 935 000	4 171 000
Total Fixed Assets	3 348 000	5 539 000	3 935 000	4 171 000
Stock	0	0	0	0
Total Investments	11 885 000	7 806 000	5 105 000	6 030 000
Cash, Bank	15 325 000	12 918 000	13 638 000	6 903 000
Total Current Assets	27 351 000	21 184 000	18 856 000	13 025 000
Total Assets	30 700 000	26 723 000	22 791 000	17 195 000
Total Equity	30 196 000	24 080 000	22 753 000	17 195 000
Short-Term Group Debt	214 000	450 000	33 000	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 000 000	0	0
Other Current Debt	0	1 000 000	0	0
Total Current Debt	504 000	2 643 000	38 000	0
Total Equity and Debt	30 700 000	26 723 000	22 791 000	17 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,25 %	13,82 %	24,43 %	2,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−7 100 %	−175,86 %
Current Ratio	54,27	8,02	496,21	-
Quick Ratio	54,27	8,02	496,21	-
Equity Ratio	0,98	0,9	1	1
Gross Profit Margin	-	-	100 %	100 %