ULLTEINA AS

9950 VARDØ

Finances

Share Ownership

Return on Equity

10,33 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	87 000	168 000	25 000
Net Income	47 000	−92 000	0
Total Assets	475 000	486 000	581 000
Total Equity	455 000	407 000	500 000

Income (NOK)	2022	2021	2020
Revenue	87 000	168 000	25 000
Expenditure	40 000	273 000	20 000
Operating Profit	47 000	−92 000	5 000
Financial Income	0	0	0
Financial Costs	0	0	6 000
Financial Balance	0	0	−6 000
Earnings Before Tax	47 000	−92 000	0
Tax	0	0	0
Net Income	47 000	−92 000	0

Balance (NOK)	2022	2021	2020
Total Fixed Assets	442 000	454 000	0
Total Current Assets	33 000	32 000	581 000
Total Assets	475 000	486 000	581 000
Total Retained Equity	−45 000	−93 000	0
Total Equity	455 000	407 000	500 000
Total Long-Term Debt	0	0	0
Total Current Debt	20 000	79 000	81 000
Total Equity and Debt	475 000	486 000	581 000

Cash flow (NOK)	2022	2021	2020
Sales Income	87 000	29 000	14 000
Other Income	0	139 000	11 000
Revenue	87 000	168 000	25 000
Cost of Goods Sold	51 000	38 000	11 000
Salary Costs	0	0	0
Depreciation	12 000	10 000	0
Impairment	0	0	0
Expenditure	40 000	273 000	20 000
Operating Profit	47 000	−92 000	5 000
Financial Income	0	0	0
Financial Costs	0	0	6 000
Financial Balance	0	0	−6 000
Dividends	0	0	0
Net Income	47 000	−92 000	0

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	427 000	416 000	0
Machinery and Plant Facilities	0	21 000	0
Fixtures	15 000	16 000	0
Total Tangible Assets	442 000	454 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	442 000	454 000	0
Stock	21 000	21 000	0
Total Investments	0	0	0
Cash, Bank	12 000	11 000	581 000
Total Current Assets	33 000	32 000	581 000
Total Assets	475 000	486 000	581 000
Total Equity	455 000	407 000	500 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	−2 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	20 000	81 000	81 000
Total Current Debt	20 000	79 000	81 000
Total Equity and Debt	475 000	486 000	581 000

Financial indicators	2022	2021	2020
Return on Equity	10,33 %	−22,6 %	0 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	54,02 %	−54,76 %	20 %
Current Ratio	1,65	0,41	7,17
Quick Ratio	−33	0,55	7,17
Equity Ratio	0,96	0,84	0,86
Gross Profit Margin	41,38 %	77,38 %	56 %