HALLDOR UTNE AS

5780 KINSARVIK

Finances

Return on Equity

−238,87 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 201 000	6 068 000	5 386 000	12 109 000
Net Income	−891 000	−551 000	−439 000	−224 000
Total Assets	4 050 000	3 792 000	3 374 000	2 381 000
Total Equity	373 000	307 000	307 000	288 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 201 000	6 068 000	5 386 000	12 109 000
Expenditure	6 283 000	6 738 000	5 946 000	12 406 000
Operating Profit	−1 082 000	−670 000	−560 000	−297 000
Financial Income	0	1 000	2 000	0
Financial Costs	23 000	11 000	11 000	15 000
Financial Balance	−23 000	−10 000	−9 000	−15 000
Earnings Before Tax	−1 104 000	−681 000	−569 000	−312 000
Tax	−213 000	−131 000	−129 000	−88 000
Net Income	−891 000	−551 000	−439 000	−224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	630 000	934 000	1 232 000	765 000
Total Current Assets	3 420 000	2 858 000	2 142 000	1 616 000
Total Assets	4 050 000	3 792 000	3 374 000	2 381 000
Total Retained Equity	0	0	0	−224 000
Total Equity	373 000	307 000	307 000	288 000
Total Long-Term Debt	0	600 000	600 000	0
Total Current Debt	3 677 000	2 885 000	2 467 000	2 093 000
Total Equity and Debt	4 050 000	3 792 000	3 374 000	2 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 836 000	5 698 000	5 178 000	12 109 000
Other Income	365 000	371 000	207 000	0
Revenue	5 201 000	6 068 000	5 386 000	12 109 000
Cost of Goods Sold	3 440 000	3 927 000	3 498 000	10 278 000
Salary Costs	1 566 000	1 411 000	1 025 000	1 340 000
Depreciation	304 000	298 000	254 000	51 000
Impairment	0	0	0	0
Expenditure	6 283 000	6 738 000	5 946 000	12 406 000
Operating Profit	−1 082 000	−670 000	−560 000	−297 000
Financial Income	0	1 000	2 000	0
Financial Costs	23 000	11 000	11 000	15 000
Financial Balance	−23 000	−10 000	−9 000	−15 000
Dividends	0	0	0	0
Net Income	−891 000	−551 000	−439 000	−224 000

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	367 000	554 000	741 000	696 000
Fixtures	263 000	380 000	491 000	69 000
Total Tangible Assets	630 000	934 000	1 232 000	765 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	630 000	934 000	1 232 000	765 000
Stock	577 000	619 000	619 000	766 000
Total Investments	0	0	0	0
Cash, Bank	130 000	99 000	43 000	67 000
Total Current Assets	3 420 000	2 858 000	2 142 000	1 616 000
Total Assets	4 050 000	3 792 000	3 374 000	2 381 000
Total Equity	373 000	307 000	307 000	288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	600 000	600 000	0
Creditors	883 000	762 000	622 000	541 000
Unpaid Taxes	96 000	109 000	51 000	49 000
Dividends	0	0	0	0
Other Current Debt	313 000	1 803 000	1 653 000	1 326 000
Total Current Debt	3 677 000	2 885 000	2 467 000	2 093 000
Total Equity and Debt	4 050 000	3 792 000	3 374 000	2 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−238,87 %	−179,48 %	−143 %	−77,78 %
Debt-to-Equity Ratio	0	1,95	1,95	0
Operating Profit Margin	−20,8 %	−11,04 %	−10,4 %	−2,45 %
Current Ratio	0,93	0,99	0,87	0,77
Quick Ratio	1,1	1,26	1,16	1,22
Equity Ratio	0,09	0,08	0,09	0,12
Gross Profit Margin	33,86 %	35,28 %	35,05 %	15,12 %