UDNES & AAS UTVIKLING AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

−13,58 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 586 000	15 375 000	30 609 000	11 849 000
Net Income	−651 000	23 000	−426 000	7 000
Total Assets	14 101 000	21 494 000	24 388 000	48 570 000
Total Equity	4 793 000	5 444 000	5 420 000	5 846 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 586 000	15 375 000	30 609 000	11 849 000
Expenditure	6 034 000	7 971 000	10 342 000	20 777 000
Operating Profit	−528 000	207 000	−719 000	117 000
Financial Income	5 000	1 000	191 000	1 000
Financial Costs	311 000	177 000	72 000	108 000
Financial Balance	−306 000	−176 000	119 000	−107 000
Earnings Before Tax	−834 000	32 000	−599 000	10 000
Tax	−184 000	8 000	−173 000	3 000
Net Income	−651 000	23 000	−426 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	214 000	34 000	111 000	212 000
Total Current Assets	13 887 000	21 460 000	24 277 000	48 359 000
Total Assets	14 101 000	21 494 000	24 388 000	48 570 000
Total Retained Equity	2 793 000	3 444 000	3 420 000	3 846 000
Total Equity	4 793 000	5 444 000	5 420 000	5 846 000
Total Long-Term Debt	2 961 000	9 286 000	18 464 000	41 444 000
Total Current Debt	6 348 000	6 764 000	503 000	1 280 000
Total Equity and Debt	14 101 000	21 494 000	24 388 000	48 570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 420 000	14 990 000	30 280 000	11 849 000
Other Income	167 000	386 000	330 000	0
Revenue	3 586 000	15 375 000	30 609 000	11 849 000
Cost of Goods Sold	5 805 000	7 487 000	9 745 000	20 221 000
Salary Costs	−39 000	0	54 000	35 000
Depreciation	4 000	38 000	49 000	70 000
Impairment	0	0	0	0
Expenditure	6 034 000	7 971 000	10 342 000	20 777 000
Operating Profit	−528 000	207 000	−719 000	117 000
Financial Income	5 000	1 000	191 000	1 000
Financial Costs	311 000	177 000	72 000	108 000
Financial Balance	−306 000	−176 000	119 000	−107 000
Dividends	0	0	0	0
Net Income	−651 000	23 000	−426 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	214 000	30 000	38 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	73 000	122 000
Total Tangible Assets	0	4 000	73 000	122 000
Total Fiancial Fixed Assets	0	0	0	90 000
Total Fixed Assets	214 000	34 000	111 000	212 000
Stock	13 421 000	11 502 000	18 698 000	39 685 000
Total Investments	0	0	0	0
Cash, Bank	439 000	339 000	450 000	7 000
Total Current Assets	13 887 000	21 460 000	24 277 000	48 359 000
Total Assets	14 101 000	21 494 000	24 388 000	48 570 000
Total Equity	4 793 000	5 444 000	5 420 000	5 846 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 961 000	9 286 000	18 464 000	41 444 000
Creditors	1 766 000	1 064 000	244 000	991 000
Unpaid Taxes	0	0	22 000	0
Dividends	0	0	0	0
Other Current Debt	175 000	237 000	237 000	289 000
Total Current Debt	6 348 000	6 764 000	503 000	1 280 000
Total Equity and Debt	14 101 000	21 494 000	24 388 000	48 570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,58 %	0,42 %	−7,86 %	0,12 %
Debt-to-Equity Ratio	0,62	1,71	3,41	7,09
Operating Profit Margin	−14,72 %	1,35 %	−2,35 %	0,99 %
Current Ratio	2,19	3,17	48,26	37,78
Quick Ratio	−1,96	−4,53	−1,33	−1,26
Equity Ratio	0,34	0,25	0,22	0,12
Gross Profit Margin	−61,88 %	51,3 %	68,16 %	−70,66 %