ULVOLDEN AS

2680 VÅGÅ

Finances

Return on Equity

−2,73 %

Current Ratio

4,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 000	40 000	53 000	179 000
Net Income	−224 000	−185 000	−352 000	−55 000
Total Assets	9 866 000	5 162 000	5 363 000	4 665 000
Total Equity	8 199 000	5 085 000	5 271 000	4 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 000	40 000	53 000	179 000
Expenditure	280 000	227 000	409 000	237 000
Operating Profit	−226 000	−188 000	−355 000	−59 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	3 000	3 000
Earnings Before Tax	−224 000	−185 000	−352 000	−55 000
Tax	0	0	0	0
Net Income	−224 000	−185 000	−352 000	−55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 545 000	2 647 000	2 747 000	2 853 000
Total Current Assets	7 322 000	2 515 000	2 616 000	1 812 000
Total Assets	9 866 000	5 162 000	5 363 000	4 665 000
Total Retained Equity	3 756 000	4 172 000	4 357 000	3 788 000
Total Equity	8 199 000	5 085 000	5 271 000	4 616 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 667 000	77 000	92 000	48 000
Total Equity and Debt	9 866 000	5 162 000	5 363 000	4 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 000	39 000	53 000	165 000
Other Income	0	1 000	0	15 000
Revenue	55 000	40 000	53 000	179 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	100 000	128 000	128 000	135 000
Impairment	0	0	0	0
Expenditure	280 000	227 000	409 000	237 000
Operating Profit	−226 000	−188 000	−355 000	−59 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	3 000	3 000
Dividends	0	0	0	0
Net Income	−224 000	−185 000	−352 000	−55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 228 000	1 247 000	1 267 000	1 286 000
Machinery and Plant Facilities	0	73 000	163 000	254 000
Fixtures	5 000	13 000	30 000	46 000
Total Tangible Assets	1 233 000	1 333 000	1 459 000	1 586 000
Total Fiancial Fixed Assets	1 312 000	1 314 000	1 288 000	1 266 000
Total Fixed Assets	2 545 000	2 647 000	2 747 000	2 853 000
Stock	0	0	0	0
Total Investments	919 000	433 000	335 000	1 147 000
Cash, Bank	761 000	1 570 000	997 000	664 000
Total Current Assets	7 322 000	2 515 000	2 616 000	1 812 000
Total Assets	9 866 000	5 162 000	5 363 000	4 665 000
Total Equity	8 199 000	5 085 000	5 271 000	4 616 000
Short-Term Group Debt	35 000	48 000	54 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	2 000	37 000
Unpaid Taxes	0	0	3 000	0
Dividends	0	0	0	0
Other Current Debt	1 630 000	28 000	33 000	11 000
Total Current Debt	1 667 000	77 000	92 000	48 000
Total Equity and Debt	9 866 000	5 162 000	5 363 000	4 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,73 %	−3,64 %	−6,68 %	−1,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−410,91 %	−470 %	−669,81 %	−32,96 %
Current Ratio	4,39	32,66	28,43	37,75
Quick Ratio	4,39	32,66	28,43	37,75
Equity Ratio	0,83	0,99	0,98	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %