ULVESTAD HOLDING AS

2918 ULNES

Finances

Return on Equity

190,22 %

Current Ratio

4,39

Debt-to-Equity Ratio

12,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 000	32 000	11 000	8 000
Net Income	2 178 000	2 379 000	441 000	330 000
Total Assets	17 872 000	15 558 000	12 949 000	12 180 000
Total Equity	1 145 000	968 000	638 000	1 922 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 000	32 000	11 000	8 000
Expenditure	2 070 000	1 833 000	1 803 000	1 613 000
Operating Profit	−2 041 000	−1 801 000	−1 792 000	−1 606 000
Financial Income	5 221 000	4 984 000	2 607 000	2 229 000
Financial Costs	484 000	321 000	247 000	201 000
Financial Balance	4 737 000	4 663 000	2 360 000	2 028 000
Earnings Before Tax	2 696 000	2 863 000	568 000	422 000
Tax	518 000	484 000	127 000	92 000
Net Income	2 178 000	2 379 000	441 000	330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 260 000	4 513 000	2 235 000	6 360 000
Total Current Assets	12 612 000	11 045 000	10 714 000	5 820 000
Total Assets	17 872 000	15 558 000	12 949 000	12 180 000
Total Retained Equity	800 000	623 000	263 000	1 822 000
Total Equity	1 145 000	968 000	638 000	1 922 000
Total Long-Term Debt	13 851 000	11 833 000	10 021 000	7 925 000
Total Current Debt	2 876 000	2 757 000	2 289 000	2 333 000
Total Equity and Debt	17 872 000	15 558 000	12 949 000	12 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 000	32 000	11 000	8 000
Other Income	0	0	0	0
Revenue	29 000	32 000	11 000	8 000
Cost of Goods Sold	29 000	26 000	11 000	6 000
Salary Costs	1 480 000	1 389 000	1 422 000	1 275 000
Depreciation	246 000	245 000	182 000	183 000
Impairment	0	0	0	0
Expenditure	2 070 000	1 833 000	1 803 000	1 613 000
Operating Profit	−2 041 000	−1 801 000	−1 792 000	−1 606 000
Financial Income	5 221 000	4 984 000	2 607 000	2 229 000
Financial Costs	484 000	321 000	247 000	201 000
Financial Balance	4 737 000	4 663 000	2 360 000	2 028 000
Dividends	2 000 000	2 000 000	2 000 000	2 000 000
Net Income	2 178 000	2 379 000	441 000	330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	41 000	22 000	30 000	39 000
Fixtures	722 000	959 000	699 000	872 000
Total Tangible Assets	762 000	981 000	729 000	911 000
Total Fiancial Fixed Assets	4 497 000	3 532 000	1 506 000	5 449 000
Total Fixed Assets	5 260 000	4 513 000	2 235 000	6 360 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 648 000	6 313 000	8 704 000	3 818 000
Total Current Assets	12 612 000	11 045 000	10 714 000	5 820 000
Total Assets	17 872 000	15 558 000	12 949 000	12 180 000
Total Equity	1 145 000	968 000	638 000	1 922 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 851 000	11 833 000	10 021 000	7 925 000
Creditors	16 000	9 000	1 000	1 000
Unpaid Taxes	9 000	115 000	8 000	107 000
Dividends	2 000 000	2 000 000	2 000 000	2 000 000
Other Current Debt	315 000	140 000	143 000	130 000
Total Current Debt	2 876 000	2 757 000	2 289 000	2 333 000
Total Equity and Debt	17 872 000	15 558 000	12 949 000	12 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	190,22 %	245,76 %	69,12 %	17,17 %
Debt-to-Equity Ratio	12,1	12,22	15,71	4,12
Operating Profit Margin	−7 037,93 %	−5 628,13 %	−16 290,91 %	−20 075 %
Current Ratio	4,39	4,01	4,68	2,49
Quick Ratio	4,39	4,01	4,68	2,49
Equity Ratio	0,06	0,06	0,05	0,16
Gross Profit Margin	0 %	18,75 %	0 %	25 %