UNDSTAD AS

5012 BERGEN

Finances

Share Ownership

Return on Equity

13,2 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 250 000	11 301 000	10 185 000	9 837 000
Net Income	416 000	644 000	572 000	590 000
Total Assets	6 211 000	4 895 000	4 748 000	3 888 000
Total Equity	3 151 000	2 835 000	2 541 000	2 096 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 250 000	11 301 000	10 185 000	9 837 000
Expenditure	9 691 000	10 473 000	9 438 000	9 063 000
Operating Profit	559 000	828 000	747 000	773 000
Financial Income	28 000	23 000	14 000	10 000
Financial Costs	50 000	22 000	26 000	27 000
Financial Balance	−22 000	1 000	−12 000	−17 000
Earnings Before Tax	538 000	829 000	735 000	757 000
Tax	122 000	185 000	162 000	167 000
Net Income	416 000	644 000	572 000	590 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	749 000	42 000	15 000	15 000
Total Current Assets	5 462 000	4 853 000	4 733 000	3 873 000
Total Assets	6 211 000	4 895 000	4 748 000	3 888 000
Total Retained Equity	1 823 000	1 507 000	1 213 000	768 000
Total Equity	3 151 000	2 835 000	2 541 000	2 096 000
Total Long-Term Debt	636 000	0	0	0
Total Current Debt	2 424 000	2 060 000	2 208 000	1 792 000
Total Equity and Debt	6 211 000	4 895 000	4 748 000	3 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 250 000	11 301 000	10 183 000	9 824 000
Other Income	0	0	2 000	13 000
Revenue	10 250 000	11 301 000	10 185 000	9 837 000
Cost of Goods Sold	5 759 000	6 796 000	6 130 000	6 019 000
Salary Costs	2 513 000	2 355 000	2 075 000	1 691 000
Depreciation	108 000	5 000	0	4 000
Impairment	0	0	0	0
Expenditure	9 691 000	10 473 000	9 438 000	9 063 000
Operating Profit	559 000	828 000	747 000	773 000
Financial Income	28 000	23 000	14 000	10 000
Financial Costs	50 000	22 000	26 000	27 000
Financial Balance	−22 000	1 000	−12 000	−17 000
Dividends	0	0	0	0
Net Income	416 000	644 000	572 000	590 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	15 000	15 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	734 000	27 000	0	0
Total Tangible Assets	734 000	27 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	749 000	42 000	15 000	15 000
Stock	3 185 000	3 169 000	2 798 000	2 272 000
Total Investments	0	0	0	0
Cash, Bank	439 000	375 000	123 000	115 000
Total Current Assets	5 462 000	4 853 000	4 733 000	3 873 000
Total Assets	6 211 000	4 895 000	4 748 000	3 888 000
Total Equity	3 151 000	2 835 000	2 541 000	2 096 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	636 000	0	0	0
Creditors	1 289 000	1 171 000	1 354 000	977 000
Unpaid Taxes	589 000	487 000	461 000	486 000
Dividends	0	0	0	0
Other Current Debt	247 000	217 000	194 000	162 000
Total Current Debt	2 424 000	2 060 000	2 208 000	1 792 000
Total Equity and Debt	6 211 000	4 895 000	4 748 000	3 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,2 %	22,72 %	22,51 %	28,15 %
Debt-to-Equity Ratio	0,2	0	0	0
Operating Profit Margin	5,45 %	7,33 %	7,33 %	7,86 %
Current Ratio	2,25	2,36	2,14	2,16
Quick Ratio	−7,18	−4,38	−8,02	−8,07
Equity Ratio	0,51	0,58	0,54	0,54
Gross Profit Margin	43,81 %	39,86 %	39,81 %	38,81 %