UTVIKLING.ORG AS

4020 STAVANGER

Finances

Return on Equity

46,86 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	980 000	1 065 000	1 664 000	1 848 000
Net Income	2 677 000	658 000	401 000	430 000
Total Assets	12 317 000	11 637 000	11 451 000	14 840 000
Total Equity	5 713 000	4 035 000	3 377 000	3 145 000

Income (NOK)	2022	2021	2020	2019
Revenue	980 000	1 065 000	1 664 000	1 848 000
Expenditure	1 259 000	1 929 000	1 440 000	988 000
Operating Profit	−279 000	−863 000	226 000	861 000
Financial Income	3 196 000	1 713 000	555 000	1 000
Financial Costs	240 000	192 000	441 000	245 000
Financial Balance	2 956 000	1 521 000	114 000	−244 000
Earnings Before Tax	2 677 000	658 000	340 000	617 000
Tax	0	0	−61 000	186 000
Net Income	2 677 000	658 000	401 000	430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 969 000	8 580 000	8 783 000	10 662 000
Total Current Assets	2 348 000	3 057 000	2 668 000	4 177 000
Total Assets	12 317 000	11 637 000	11 451 000	14 840 000
Total Retained Equity	5 613 000	3 935 000	3 277 000	3 045 000
Total Equity	5 713 000	4 035 000	3 377 000	3 145 000
Total Long-Term Debt	4 396 000	3 597 000	4 979 000	6 289 000
Total Current Debt	2 209 000	4 005 000	3 094 000	5 406 000
Total Equity and Debt	12 317 000	11 637 000	11 451 000	14 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	608 000	669 000	497 000	15 000
Other Income	372 000	396 000	1 168 000	1 833 000
Revenue	980 000	1 065 000	1 664 000	1 848 000
Cost of Goods Sold	252 000	415 000	13 000	29 000
Salary Costs	148 000	205 000	187 000	45 000
Depreciation	163 000	203 000	203 000	208 000
Impairment	0	0	0	0
Expenditure	1 259 000	1 929 000	1 440 000	988 000
Operating Profit	−279 000	−863 000	226 000	861 000
Financial Income	3 196 000	1 713 000	555 000	1 000
Financial Costs	240 000	192 000	441 000	245 000
Financial Balance	2 956 000	1 521 000	114 000	−244 000
Dividends	0	0	0	0
Net Income	2 677 000	658 000	401 000	430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 279 000	3 923 000	3 985 000	2 685 000
Machinery and Plant Facilities	290 000	315 000	340 000	364 000
Fixtures	115 000	107 000	223 000	338 000
Total Tangible Assets	5 684 000	4 345 000	4 547 000	3 388 000
Total Fiancial Fixed Assets	4 285 000	4 235 000	4 235 000	7 275 000
Total Fixed Assets	9 969 000	8 580 000	8 783 000	10 662 000
Stock	700 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	4 000	7 000	3 000
Total Current Assets	2 348 000	3 057 000	2 668 000	4 177 000
Total Assets	12 317 000	11 637 000	11 451 000	14 840 000
Total Equity	5 713 000	4 035 000	3 377 000	3 145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 396 000	3 597 000	4 979 000	6 289 000
Creditors	166 000	172 000	173 000	326 000
Unpaid Taxes	18 000	5 000	20 000	43 000
Dividends	0	0	0	0
Other Current Debt	1 325 000	3 018 000	2 209 000	4 327 000
Total Current Debt	2 209 000	4 005 000	3 094 000	5 406 000
Total Equity and Debt	12 317 000	11 637 000	11 451 000	14 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,86 %	16,31 %	11,87 %	13,67 %
Debt-to-Equity Ratio	0,77	0,89	1,47	2
Operating Profit Margin	−28,47 %	−81,03 %	13,58 %	46,59 %
Current Ratio	1,06	0,76	0,86	0,77
Quick Ratio	1,56	0,76	0,86	0,77
Equity Ratio	0,46	0,35	0,29	0,21
Gross Profit Margin	74,29 %	61,03 %	99,22 %	98,43 %