UNDAL AS

4360 VARHAUG

Finances

Return on Equity

15,92 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 737 000	11 480 000	10 942 000	5 427 000
Net Income	350 000	753 000	1 054 000	273 000
Total Assets	4 004 000	3 377 000	4 166 000	2 064 000
Total Equity	2 198 000	1 999 000	2 296 000	1 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 737 000	11 480 000	10 942 000	5 427 000
Expenditure	10 267 000	10 473 000	9 577 000	5 072 000
Operating Profit	470 000	1 006 000	1 365 000	355 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	19 000	16 000	14 000	7 000
Financial Balance	−17 000	−15 000	−13 000	−5 000
Earnings Before Tax	453 000	991 000	1 352 000	350 000
Tax	103 000	238 000	298 000	78 000
Net Income	350 000	753 000	1 054 000	273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	924 000	615 000	240 000	136 000
Total Current Assets	3 080 000	2 762 000	3 926 000	1 927 000
Total Assets	4 004 000	3 377 000	4 166 000	2 064 000
Total Retained Equity	2 144 000	1 944 000	2 191 000	1 137 000
Total Equity	2 198 000	1 999 000	2 296 000	1 242 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 806 000	1 378 000	1 870 000	822 000
Total Equity and Debt	4 004 000	3 377 000	4 166 000	2 064 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 737 000	11 480 000	10 941 000	5 427 000
Other Income	0	0	1 000	0
Revenue	10 737 000	11 480 000	10 942 000	5 427 000
Cost of Goods Sold	5 371 000	5 668 000	5 803 000	2 592 000
Salary Costs	3 523 000	3 324 000	2 880 000	1 854 000
Depreciation	300 000	202 000	107 000	51 000
Impairment	0	0	0	0
Expenditure	10 267 000	10 473 000	9 577 000	5 072 000
Operating Profit	470 000	1 006 000	1 365 000	355 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	19 000	16 000	14 000	7 000
Financial Balance	−17 000	−15 000	−13 000	−5 000
Dividends	150 000	150 000	0	0
Net Income	350 000	753 000	1 054 000	273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	10 000	8 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	566 000	0	0	0
Fixtures	346 000	604 000	231 000	132 000
Total Tangible Assets	913 000	604 000	231 000	132 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	924 000	615 000	240 000	136 000
Stock	480 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 040 000	1 109 000	1 200 000	788 000
Total Current Assets	3 080 000	2 762 000	3 926 000	1 927 000
Total Assets	4 004 000	3 377 000	4 166 000	2 064 000
Total Equity	2 198 000	1 999 000	2 296 000	1 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	991 000	215 000	790 000	280 000
Unpaid Taxes	289 000	508 000	538 000	314 000
Dividends	150 000	150 000	0	0
Other Current Debt	272 000	266 000	239 000	149 000
Total Current Debt	1 806 000	1 378 000	1 870 000	822 000
Total Equity and Debt	4 004 000	3 377 000	4 166 000	2 064 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,92 %	37,67 %	45,91 %	21,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,38 %	8,76 %	12,47 %	6,54 %
Current Ratio	1,71	2	2,1	2,34
Quick Ratio	2,32	2	2,1	2,34
Equity Ratio	0,55	0,59	0,55	0,6
Gross Profit Margin	49,98 %	50,63 %	46,97 %	52,24 %