UNION PLASTIC INDUSTRIES AS

3724 SKIEN

Finances

Return on Equity

70,37 %

Current Ratio

0,48

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	0	0	0
Net Income	−19 000	−58 000	−30 000	−330 000
Total Assets	158 000	88 000	88 000	125 000
Total Equity	−27 000	−7 000	51 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	0	0	0
Expenditure	65 000	45 000	24 000	46 000
Operating Profit	−14 000	−45 000	−24 000	−46 000
Financial Income	0	0	0	0
Financial Costs	5 000	13 000	6 000	284 000
Financial Balance	−5 000	−13 000	−6 000	−284 000
Earnings Before Tax	−19 000	−58 000	−30 000	−330 000
Tax	0	0	0	0
Net Income	−19 000	−58 000	−30 000	−330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	69 000	69 000	69 000
Total Current Assets	89 000	19 000	19 000	56 000
Total Assets	158 000	88 000	88 000	125 000
Total Retained Equity	−6 621 000	−6 602 000	−6 543 000	−6 513 000
Total Equity	−27 000	−7 000	51 000	81 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	185 000	96 000	38 000	44 000
Total Equity and Debt	158 000	88 000	88 000	125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	0	0	0
Other Income	0	0	0	0
Revenue	50 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	26 000	0	−21 000	6 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	65 000	45 000	24 000	46 000
Operating Profit	−14 000	−45 000	−24 000	−46 000
Financial Income	0	0	0	0
Financial Costs	5 000	13 000	6 000	284 000
Financial Balance	−5 000	−13 000	−6 000	−284 000
Dividends	0	0	0	0
Net Income	−19 000	−58 000	−30 000	−330 000

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	69 000	69 000	69 000	69 000
Total Fixed Assets	69 000	69 000	69 000	69 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	1 000	1 000	37 000
Total Current Assets	89 000	19 000	19 000	56 000
Total Assets	158 000	88 000	88 000	125 000
Total Equity	−27 000	−7 000	51 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	51 000	23 000	19 000	0
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	134 000	72 000	18 000	41 000
Total Current Debt	185 000	96 000	38 000	44 000
Total Equity and Debt	158 000	88 000	88 000	125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,37 %	828,57 %	−58,82 %	−407,41 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−28 %	-	-	-
Current Ratio	0,48	0,2	0,5	1,27
Quick Ratio	0,48	0,2	0,5	1,27
Equity Ratio	−0,17	−0,08	0,58	0,65
Gross Profit Margin	100 %	-	-	-