ULVENG AS

1423 SKI

Finances

Return on Equity

50,69 %

Current Ratio

1,57

Debt-to-Equity Ratio

4,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 595 000	1 644 000	1 618 000	1 839 000
Net Income	295 000	285 000	547 000	149 000
Total Assets	3 654 000	3 316 000	2 821 000	1 749 000
Total Equity	582 000	286 000	2 000	−545 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 595 000	1 644 000	1 618 000	1 839 000
Expenditure	1 221 000	1 280 000	1 212 000	1 651 000
Operating Profit	375 000	365 000	405 000	189 000
Financial Income	4 000	0	240 000	0
Financial Costs	0	1 000	15 000	39 000
Financial Balance	4 000	−1 000	225 000	−39 000
Earnings Before Tax	379 000	365 000	631 000	149 000
Tax	83 000	80 000	83 000	0
Net Income	295 000	285 000	547 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 257 000	2 923 000	2 562 000	1 385 000
Total Current Assets	398 000	393 000	259 000	364 000
Total Assets	3 654 000	3 316 000	2 821 000	1 749 000
Total Retained Equity	552 000	256 000	−28 000	−575 000
Total Equity	582 000	286 000	2 000	−545 000
Total Long-Term Debt	2 818 000	2 662 000	2 462 000	1 921 000
Total Current Debt	254 000	368 000	357 000	374 000
Total Equity and Debt	3 654 000	3 316 000	2 821 000	1 749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 595 000	1 644 000	1 618 000	1 839 000
Other Income	0	0	0	0
Revenue	1 595 000	1 644 000	1 618 000	1 839 000
Cost of Goods Sold	0	0	0	0
Salary Costs	885 000	1 051 000	1 016 000	1 382 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 221 000	1 280 000	1 212 000	1 651 000
Operating Profit	375 000	365 000	405 000	189 000
Financial Income	4 000	0	240 000	0
Financial Costs	0	1 000	15 000	39 000
Financial Balance	4 000	−1 000	225 000	−39 000
Dividends	0	0	0	0
Net Income	295 000	285 000	547 000	149 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 257 000	2 923 000	2 562 000	1 385 000
Total Fixed Assets	3 257 000	2 923 000	2 562 000	1 385 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	136 000	78 000	9 000	82 000
Total Current Assets	398 000	393 000	259 000	364 000
Total Assets	3 654 000	3 316 000	2 821 000	1 749 000
Total Equity	582 000	286 000	2 000	−545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 818 000	2 662 000	2 462 000	1 921 000
Creditors	2 000	0	3 000	0
Unpaid Taxes	104 000	147 000	194 000	205 000
Dividends	0	0	0	0
Other Current Debt	65 000	141 000	78 000	168 000
Total Current Debt	254 000	368 000	357 000	374 000
Total Equity and Debt	3 654 000	3 316 000	2 821 000	1 749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,69 %	99,65 %	27 350 %	−27,34 %
Debt-to-Equity Ratio	4,84	9,31	1 231	−3,52
Operating Profit Margin	23,51 %	22,2 %	25,03 %	10,28 %
Current Ratio	1,57	1,07	0,73	0,97
Quick Ratio	1,57	1,07	0,73	0,97
Equity Ratio	0,16	0,09	0	−0,31
Gross Profit Margin	100 %	100 %	100 %	100 %