UNDERGROUND GOLF MAJORSTUA AS

0357 OSLO

Finances

Share Ownership

Return on Equity

490,95 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 117 000	10 502 000	10 014 000	3 334 000
Net Income	1 193 000	−231 000	−493 000	−856 000
Total Assets	6 639 000	9 415 000	3 215 000	5 987 000
Total Equity	243 000	57 000	−960 000	−466 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 117 000	10 502 000	10 014 000	3 334 000
Expenditure	18 919 000	10 120 000	10 507 000	4 193 000
Operating Profit	4 198 000	383 000	−493 000	−859 000
Financial Income	1 000	0	3 000	3 000
Financial Costs	2 722 000	0	4 000	0
Financial Balance	−2 721 000	0	−1 000	3 000
Earnings Before Tax	1 477 000	383 000	−493 000	−856 000
Tax	284 000	614 000	0	0
Net Income	1 193 000	−231 000	−493 000	−856 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	361 000	924 000	773 000	3 932 000
Total Current Assets	6 278 000	8 491 000	2 442 000	2 055 000
Total Assets	6 639 000	9 415 000	3 215 000	5 987 000
Total Retained Equity	143 000	−1 291 000	−1 192 000	−699 000
Total Equity	243 000	57 000	−960 000	−466 000
Total Long-Term Debt	0	3 500 000	3 613 000	5 922 000
Total Current Debt	6 396 000	5 857 000	562 000	532 000
Total Equity and Debt	6 639 000	9 415 000	3 215 000	5 987 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 117 000	9 620 000	9 619 000	2 884 000
Other Income	0	882 000	394 000	450 000
Revenue	23 117 000	10 502 000	10 014 000	3 334 000
Cost of Goods Sold	4 490 000	1 925 000	2 225 000	867 000
Salary Costs	6 557 000	2 196 000	2 663 000	1 382 000
Depreciation	894 000	3 697 000	3 159 000	105 000
Impairment	0	0	0	0
Expenditure	18 919 000	10 120 000	10 507 000	4 193 000
Operating Profit	4 198 000	383 000	−493 000	−859 000
Financial Income	1 000	0	3 000	3 000
Financial Costs	2 722 000	0	4 000	0
Financial Balance	−2 721 000	0	−1 000	3 000
Dividends	0	0	0	0
Net Income	1 193 000	−231 000	−493 000	−856 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	154 000	770 000	0	0
Total Intangible Assets	154 000	770 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	207 000	155 000	773 000	3 932 000
Total Tangible Assets	207 000	155 000	773 000	3 932 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	361 000	924 000	773 000	3 932 000
Stock	396 000	383 000	385 000	239 000
Total Investments	0	0	0	0
Cash, Bank	5 728 000	5 881 000	1 652 000	1 403 000
Total Current Assets	6 278 000	8 491 000	2 442 000	2 055 000
Total Assets	6 639 000	9 415 000	3 215 000	5 987 000
Total Equity	243 000	57 000	−960 000	−466 000
Short-Term Group Debt	1 291 000	0	0	0
Total Long-Term Debt	0	3 500 000	3 613 000	5 922 000
Creditors	551 000	134 000	107 000	376 000
Unpaid Taxes	1 043 000	697 000	223 000	45 000
Dividends	0	0	0	0
Other Current Debt	3 510 000	4 060 000	231 000	110 000
Total Current Debt	6 396 000	5 857 000	562 000	532 000
Total Equity and Debt	6 639 000	9 415 000	3 215 000	5 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	490,95 %	−405,26 %	51,35 %	183,69 %
Debt-to-Equity Ratio	0	61,4	−3,76	−12,71
Operating Profit Margin	18,16 %	3,65 %	−4,92 %	−25,76 %
Current Ratio	0,98	1,45	4,35	3,86
Quick Ratio	1,05	1,55	13,8	7,01
Equity Ratio	0,04	0,01	−0,3	−0,08
Gross Profit Margin	80,58 %	81,67 %	77,78 %	74 %