UDNES AS

2150 ÅRNES

Finances

Return on Equity

43,77 %

Current Ratio

2,83

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 583 000	6 483 000	3 485 000	2 847 000
Net Income	8 925 000	9 344 000	3 966 000	3 217 000
Total Assets	28 650 000	26 803 000	21 830 000	16 817 000
Total Equity	20 393 000	16 468 000	12 124 000	10 157 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 583 000	6 483 000	3 485 000	2 847 000
Expenditure	2 253 000	2 131 000	1 739 000	1 824 000
Operating Profit	4 330 000	4 352 000	1 746 000	1 023 000
Financial Income	6 674 000	6 996 000	3 205 000	2 858 000
Financial Costs	183 000	175 000	181 000	166 000
Financial Balance	6 491 000	6 821 000	3 024 000	2 692 000
Earnings Before Tax	10 822 000	11 173 000	4 770 000	3 715 000
Tax	1 897 000	1 828 000	804 000	498 000
Net Income	8 925 000	9 344 000	3 966 000	3 217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 696 000	10 745 000	14 395 000	7 344 000
Total Current Assets	22 954 000	16 058 000	7 435 000	9 473 000
Total Assets	28 650 000	26 803 000	21 830 000	16 817 000
Total Retained Equity	20 293 000	16 368 000	12 024 000	10 057 000
Total Equity	20 393 000	16 468 000	12 124 000	10 157 000
Total Long-Term Debt	139 000	2 487 000	5 951 000	3 608 000
Total Current Debt	8 118 000	7 848 000	3 754 000	3 051 000
Total Equity and Debt	28 650 000	26 803 000	21 830 000	16 817 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 899 000	6 078 000	3 227 000	2 697 000
Other Income	685 000	405 000	259 000	151 000
Revenue	6 583 000	6 483 000	3 485 000	2 847 000
Cost of Goods Sold	0	44 000	121 000	5 000
Salary Costs	1 633 000	1 569 000	1 213 000	1 401 000
Depreciation	33 000	15 000	6 000	138 000
Impairment	0	0	0	0
Expenditure	2 253 000	2 131 000	1 739 000	1 824 000
Operating Profit	4 330 000	4 352 000	1 746 000	1 023 000
Financial Income	6 674 000	6 996 000	3 205 000	2 858 000
Financial Costs	183 000	175 000	181 000	166 000
Financial Balance	6 491 000	6 821 000	3 024 000	2 692 000
Dividends	0	0	2 000 000	2 000 000
Net Income	8 925 000	9 344 000	3 966 000	3 217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 607 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	456 000	7 167 000	2 000
Total Tangible Assets	0	3 063 000	7 167 000	2 000
Total Fiancial Fixed Assets	5 696 000	7 682 000	7 227 000	7 342 000
Total Fixed Assets	5 696 000	10 745 000	14 395 000	7 344 000
Stock	0	0	0	4 542 000
Total Investments	0	0	0	0
Cash, Bank	13 841 000	8 753 000	4 477 000	2 749 000
Total Current Assets	22 954 000	16 058 000	7 435 000	9 473 000
Total Assets	28 650 000	26 803 000	21 830 000	16 817 000
Total Equity	20 393 000	16 468 000	12 124 000	10 157 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	139 000	2 487 000	5 951 000	3 608 000
Creditors	75 000	31 000	51 000	15 000
Unpaid Taxes	960 000	870 000	365 000	165 000
Dividends	0	0	2 000 000	2 000 000
Other Current Debt	5 273 000	5 151 000	529 000	362 000
Total Current Debt	8 118 000	7 848 000	3 754 000	3 051 000
Total Equity and Debt	28 650 000	26 803 000	21 830 000	16 817 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,77 %	56,74 %	32,71 %	31,67 %
Debt-to-Equity Ratio	0,01	0,15	0,49	0,36
Operating Profit Margin	65,78 %	67,13 %	50,1 %	35,93 %
Current Ratio	2,83	2,05	1,98	3,1
Quick Ratio	2,83	2,05	1,98	−6,35
Equity Ratio	0,71	0,61	0,56	0,6
Gross Profit Margin	100 %	99,32 %	96,53 %	99,82 %