UTSIKT UTVIKLING AS

7049 TRONDHEIM

Finances

Share Ownership

Return on Equity

44,88 %

Current Ratio

45,36

Debt-to-Equity Ratio

−5,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 000	29 390 000	72 000	59 000
Net Income	−1 826 000	−1 541 000	−404 000	−392 000
Total Assets	19 456 000	20 169 000	32 763 000	20 949 000
Total Equity	−4 069 000	−2 242 000	−702 000	−298 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 000	29 390 000	72 000	59 000
Expenditure	1 334 000	29 833 000	244 000	228 000
Operating Profit	−1 273 000	−443 000	−172 000	−169 000
Financial Income	3 000	0	2 000	14 000
Financial Costs	556 000	1 098 000	234 000	237 000
Financial Balance	−553 000	−1 098 000	−232 000	−223 000
Earnings Before Tax	−1 826 000	−1 541 000	−404 000	−392 000
Tax	0	0	0	0
Net Income	−1 826 000	−1 541 000	−404 000	−392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 074 000	7 074 000	7 074 000	7 074 000
Total Current Assets	12 383 000	13 095 000	25 689 000	13 876 000
Total Assets	19 456 000	20 169 000	32 763 000	20 949 000
Total Retained Equity	−4 465 000	−2 638 000	−1 098 000	−694 000
Total Equity	−4 069 000	−2 242 000	−702 000	−298 000
Total Long-Term Debt	23 252 000	20 879 000	30 969 000	19 765 000
Total Current Debt	273 000	1 532 000	2 495 000	1 482 000
Total Equity and Debt	19 456 000	20 169 000	32 763 000	20 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	29 318 000	0	0
Other Income	61 000	72 000	72 000	59 000
Revenue	61 000	29 390 000	72 000	59 000
Cost of Goods Sold	1 000 000	29 525 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 334 000	29 833 000	244 000	228 000
Operating Profit	−1 273 000	−443 000	−172 000	−169 000
Financial Income	3 000	0	2 000	14 000
Financial Costs	556 000	1 098 000	234 000	237 000
Financial Balance	−553 000	−1 098 000	−232 000	−223 000
Dividends	0	0	0	0
Net Income	−1 826 000	−1 541 000	−404 000	−392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 074 000	7 074 000	7 074 000	7 074 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 074 000	7 074 000	7 074 000	7 074 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 074 000	7 074 000	7 074 000	7 074 000
Stock	11 186 000	11 477 000	24 466 000	13 305 000
Total Investments	0	0	0	0
Cash, Bank	651 000	964 000	1 201 000	549 000
Total Current Assets	12 383 000	13 095 000	25 689 000	13 876 000
Total Assets	19 456 000	20 169 000	32 763 000	20 949 000
Total Equity	−4 069 000	−2 242 000	−702 000	−298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 252 000	20 879 000	30 969 000	19 765 000
Creditors	265 000	1 515 000	2 484 000	1 311 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	17 000	12 000	170 000
Total Current Debt	273 000	1 532 000	2 495 000	1 482 000
Total Equity and Debt	19 456 000	20 169 000	32 763 000	20 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,88 %	68,73 %	57,55 %	131,54 %
Debt-to-Equity Ratio	−5,71	−9,31	−44,12	−66,33
Operating Profit Margin	−2 086,89 %	−1,51 %	−238,89 %	−286,44 %
Current Ratio	45,36	8,55	10,3	9,36
Quick Ratio	−1,13	−1,32	−1,17	−1,17
Equity Ratio	−0,21	−0,11	−0,02	−0,01
Gross Profit Margin	−1 539,34 %	−0,46 %	100 %	100 %