UTE AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

−35,09 %

Current Ratio

0,49

Debt-to-Equity Ratio

66,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 896 000	1 800 000	1 800 000	1 680 000
Net Income	−100 000	−127 000	115 000	78 000
Total Assets	23 132 000	23 417 000	23 500 000	23 334 000
Total Equity	285 000	385 000	512 000	397 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 896 000	1 800 000	1 800 000	1 680 000
Expenditure	721 000	717 000	755 000	677 000
Operating Profit	1 175 000	1 083 000	1 045 000	1 004 000
Financial Income	0	0	0	0
Financial Costs	1 304 000	1 246 000	898 000	903 000
Financial Balance	−1 304 000	−1 246 000	−898 000	−903 000
Earnings Before Tax	−128 000	−163 000	148 000	101 000
Tax	−28 000	−36 000	33 000	22 000
Net Income	−100 000	−127 000	115 000	78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 198 000	21 825 000	22 445 000	23 106 000
Total Current Assets	1 935 000	1 592 000	1 055 000	228 000
Total Assets	23 132 000	23 417 000	23 500 000	23 334 000
Total Retained Equity	181 000	281 000	408 000	293 000
Total Equity	285 000	385 000	512 000	397 000
Total Long-Term Debt	18 921 000	19 000 000	15 759 000	20 500 000
Total Current Debt	3 926 000	4 032 000	7 229 000	2 437 000
Total Equity and Debt	23 132 000	23 417 000	23 500 000	23 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 896 000	1 800 000	1 800 000	1 680 000
Revenue	1 896 000	1 800 000	1 800 000	1 680 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	656 000	656 000	656 000	656 000
Impairment	0	0	0	0
Expenditure	721 000	717 000	755 000	677 000
Operating Profit	1 175 000	1 083 000	1 045 000	1 004 000
Financial Income	0	0	0	0
Financial Costs	1 304 000	1 246 000	898 000	903 000
Financial Balance	−1 304 000	−1 246 000	−898 000	−903 000
Dividends	0	0	0	0
Net Income	−100 000	−127 000	115 000	78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	53 000	17 000	22 000
Real Eastate	21 116 000	21 772 000	22 428 000	23 084 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 116 000	21 772 000	22 428 000	23 084 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 198 000	21 825 000	22 445 000	23 106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 804 000	92 000	1 055 000	228 000
Total Current Assets	1 935 000	1 592 000	1 055 000	228 000
Total Assets	23 132 000	23 417 000	23 500 000	23 334 000
Total Equity	285 000	385 000	512 000	397 000
Short-Term Group Debt	3 565 000	3 374 000	3 634 000	0
Total Long-Term Debt	18 921 000	19 000 000	15 759 000	20 500 000
Creditors	361 000	108 000	85 000	183 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	550 000	3 482 000	2 254 000
Total Current Debt	3 926 000	4 032 000	7 229 000	2 437 000
Total Equity and Debt	23 132 000	23 417 000	23 500 000	23 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,09 %	−32,99 %	22,46 %	19,65 %
Debt-to-Equity Ratio	66,39	49,35	30,78	51,64
Operating Profit Margin	61,97 %	60,17 %	58,06 %	59,76 %
Current Ratio	0,49	0,39	0,15	0,09
Quick Ratio	0,49	0,39	0,15	0,09
Equity Ratio	0,01	0,02	0,02	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %