UTGARD AS

0194 OSLO

Finances

Return on Equity

69,64 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 386 000	1 467 000	1 139 000	826 000
Net Income	1 037 000	190 000	44 000	44 000
Total Assets	2 775 000	1 298 000	842 000	511 000
Total Equity	1 489 000	452 000	262 000	219 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 386 000	1 467 000	1 139 000	826 000
Expenditure	4 064 000	1 178 000	1 073 000	899 000
Operating Profit	1 322 000	289 000	66 000	−73 000
Financial Income	45 000	35 000	10 000	124 000
Financial Costs	38 000	103 000	33 000	7 000
Financial Balance	7 000	−68 000	−23 000	117 000
Earnings Before Tax	1 329 000	220 000	44 000	44 000
Tax	292 000	31 000	0	0
Net Income	1 037 000	190 000	44 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	681 000	620 000	620 000	463 000
Total Current Assets	2 094 000	679 000	222 000	49 000
Total Assets	2 775 000	1 298 000	842 000	511 000
Total Retained Equity	1 389 000	352 000	162 000	119 000
Total Equity	1 489 000	452 000	262 000	219 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 286 000	846 000	580 000	292 000
Total Equity and Debt	2 775 000	1 298 000	842 000	511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 386 000	1 467 000	1 139 000	1 060 000
Other Income	0	0	0	−234 000
Revenue	5 386 000	1 467 000	1 139 000	826 000
Cost of Goods Sold	887 000	253 000	682 000	0
Salary Costs	2 179 000	640 000	7 000	44 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 064 000	1 178 000	1 073 000	899 000
Operating Profit	1 322 000	289 000	66 000	−73 000
Financial Income	45 000	35 000	10 000	124 000
Financial Costs	38 000	103 000	33 000	7 000
Financial Balance	7 000	−68 000	−23 000	117 000
Dividends	0	0	0	0
Net Income	1 037 000	190 000	44 000	44 000

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	681 000	620 000	620 000	463 000
Total Fixed Assets	681 000	620 000	620 000	463 000
Stock	0	0	0	0
Total Investments	541 000	201 000	0	0
Cash, Bank	576 000	252 000	211 000	21 000
Total Current Assets	2 094 000	679 000	222 000	49 000
Total Assets	2 775 000	1 298 000	842 000	511 000
Total Equity	1 489 000	452 000	262 000	219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	112 000	71 000	271 000	4 000
Unpaid Taxes	334 000	231 000	18 000	24 000
Dividends	0	0	0	0
Other Current Debt	547 000	513 000	291 000	265 000
Total Current Debt	1 286 000	846 000	580 000	292 000
Total Equity and Debt	2 775 000	1 298 000	842 000	511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,64 %	42,04 %	16,79 %	20,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,55 %	19,7 %	5,79 %	−8,84 %
Current Ratio	1,63	0,8	0,38	0,17
Quick Ratio	1,63	0,8	0,38	0,17
Equity Ratio	0,54	0,35	0,31	0,43
Gross Profit Margin	83,53 %	82,75 %	40,12 %	100 %