ULSÅK EIENDOM AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

8,5 %

Current Ratio

0,52

Debt-to-Equity Ratio

2,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	863 000	922 000	6 243 000	2 801 000
Net Income	233 000	313 000	3 864 000	737 000
Total Assets	9 259 000	10 042 000	10 045 000	16 534 000
Total Equity	2 740 000	2 507 000	2 193 000	328 000

Income (NOK)	2022	2021	2020	2019
Revenue	863 000	922 000	6 243 000	2 801 000
Expenditure	373 000	360 000	835 000	1 401 000
Operating Profit	490 000	563 000	5 409 000	1 401 000
Financial Income	0	0	0	0
Financial Costs	191 000	161 000	455 000	595 000
Financial Balance	−191 000	−161 000	−455 000	−595 000
Earnings Before Tax	299 000	402 000	4 954 000	806 000
Tax	66 000	88 000	1 090 000	69 000
Net Income	233 000	313 000	3 864 000	737 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 140 000	9 335 000	9 531 000	16 224 000
Total Current Assets	119 000	707 000	514 000	310 000
Total Assets	9 259 000	10 042 000	10 045 000	16 534 000
Total Retained Equity	2 710 000	2 477 000	2 163 000	298 000
Total Equity	2 740 000	2 507 000	2 193 000	328 000
Total Long-Term Debt	6 292 000	7 144 000	7 823 000	16 074 000
Total Current Debt	227 000	392 000	28 000	132 000
Total Equity and Debt	9 259 000	10 042 000	10 045 000	16 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	863 000	922 000	1 377 000	1 526 000
Other Income	0	0	4 867 000	1 275 000
Revenue	863 000	922 000	6 243 000	2 801 000
Cost of Goods Sold	0	0	46 000	64 000
Salary Costs	0	0	0	0
Depreciation	196 000	196 000	195 000	514 000
Impairment	0	0	0	0
Expenditure	373 000	360 000	835 000	1 401 000
Operating Profit	490 000	563 000	5 409 000	1 401 000
Financial Income	0	0	0	0
Financial Costs	191 000	161 000	455 000	595 000
Financial Balance	−191 000	−161 000	−455 000	−595 000
Dividends	0	0	2 000 000	0
Net Income	233 000	313 000	3 864 000	737 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 140 000	9 335 000	9 531 000	16 224 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 140 000	9 335 000	9 531 000	16 224 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 140 000	9 335 000	9 531 000	16 224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	633 000	514 000	109 000
Total Current Assets	119 000	707 000	514 000	310 000
Total Assets	9 259 000	10 042 000	10 045 000	16 534 000
Total Equity	2 740 000	2 507 000	2 193 000	328 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 292 000	7 144 000	7 823 000	16 074 000
Creditors	0	110 000	27 000	69 000
Unpaid Taxes	0	3 000	1 000	0
Dividends	0	0	2 000 000	0
Other Current Debt	30 000	30 000	0	63 000
Total Current Debt	227 000	392 000	28 000	132 000
Total Equity and Debt	9 259 000	10 042 000	10 045 000	16 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,5 %	12,49 %	176,2 %	224,7 %
Debt-to-Equity Ratio	2,3	2,85	3,57	49,01
Operating Profit Margin	56,78 %	61,06 %	86,64 %	50,02 %
Current Ratio	0,52	1,8	18,36	2,35
Quick Ratio	0,52	1,8	18,36	2,35
Equity Ratio	0,3	0,25	0,22	0,02
Gross Profit Margin	100 %	100 %	99,26 %	97,72 %