ULSTEIN VERFT AS

6065 ULSTEINVIK

Finances

Return on Equity

−110,07 %

Current Ratio

0,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	359 643 000	923 774 000	1 430 720 000	2 199 201 000
Net Income	−53 372 000	15 280 000	8 217 000	−175 279 000
Total Assets	610 545 000	355 707 000	773 093 000	2 396 545 000
Total Equity	48 490 000	86 599 000	67 514 000	56 283 000

Income (NOK)	2022	2021	2020	2019
Revenue	359 643 000	923 774 000	1 430 720 000	2 199 201 000
Expenditure	430 108 000	882 662 000	1 371 508 000	2 360 493 000
Operating Profit	−70 464 000	41 111 000	59 211 000	−161 291 000
Financial Income	10 462 000	5 954 000	64 356 000	36 003 000
Financial Costs	8 411 000	27 587 000	113 121 000	99 525 000
Financial Balance	2 051 000	−21 633 000	−48 765 000	−63 522 000
Earnings Before Tax	−68 413 000	19 479 000	10 446 000	−224 813 000
Tax	−15 042 000	4 198 000	2 229 000	−49 534 000
Net Income	−53 372 000	15 280 000	8 217 000	−175 279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 468 000	256 542 000	266 959 000	275 307 000
Total Current Assets	342 077 000	99 165 000	506 135 000	2 121 238 000
Total Assets	610 545 000	355 707 000	773 093 000	2 396 545 000
Total Retained Equity	−46 610 000	−8 501 000	−27 586 000	−38 717 000
Total Equity	48 490 000	86 599 000	67 514 000	56 283 000
Total Long-Term Debt	0	0	34 313 000	35 396 000
Total Current Debt	562 055 000	269 108 000	671 266 000	2 304 865 000
Total Equity and Debt	610 545 000	355 707 000	773 093 000	2 396 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	339 978 000	902 526 000	1 394 787 000	2 177 955 000
Other Income	19 666 000	21 248 000	35 933 000	21 246 000
Revenue	359 643 000	923 774 000	1 430 720 000	2 199 201 000
Cost of Goods Sold	208 332 000	598 626 000	1 041 481 000	1 992 521 000
Salary Costs	131 767 000	185 582 000	217 144 000	244 277 000
Depreciation	4 694 000	5 781 000	7 799 000	6 494 000
Impairment	0	0	0	0
Expenditure	430 108 000	882 662 000	1 371 508 000	2 360 493 000
Operating Profit	−70 464 000	41 111 000	59 211 000	−161 291 000
Financial Income	10 462 000	5 954 000	64 356 000	36 003 000
Financial Costs	8 411 000	27 587 000	113 121 000	99 525 000
Financial Balance	2 051 000	−21 633 000	−48 765 000	−63 522 000
Dividends	0	0	0	0
Net Income	−53 372 000	15 280 000	8 217 000	−175 279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	89 138 000	78 183 000	83 455 000	85 674 000
Real Eastate	2 635 000	2 970 000	3 564 000	4 166 000
Machinery and Plant Facilities	30 433 000	28 561 000	32 908 000	38 964 000
Fixtures	1 162 000	1 728 000	1 930 000	1 402 000
Total Tangible Assets	34 230 000	33 259 000	38 403 000	44 532 000
Total Fiancial Fixed Assets	145 100 000	145 100 000	145 101 000	145 101 000
Total Fixed Assets	268 468 000	256 542 000	266 959 000	275 307 000
Stock	294 000	259 000	270 000	681 000
Total Investments	0	0	0	0
Cash, Bank	178 776 000	58 416 000	409 547 000	1 079 122 000
Total Current Assets	342 077 000	99 165 000	506 135 000	2 121 238 000
Total Assets	610 545 000	355 707 000	773 093 000	2 396 545 000
Total Equity	48 490 000	86 599 000	67 514 000	56 283 000
Short-Term Group Debt	239 669 000	133 893 000	472 250 000	702 386 000
Total Long-Term Debt	0	0	34 313 000	35 396 000
Creditors	28 240 000	39 401 000	92 952 000	156 306 000
Unpaid Taxes	10 120 000	11 476 000	18 103 000	17 987 000
Dividends	0	0	0	0
Other Current Debt	284 026 000	84 338 000	87 962 000	1 428 186 000
Total Current Debt	562 055 000	269 108 000	671 266 000	2 304 865 000
Total Equity and Debt	610 545 000	355 707 000	773 093 000	2 396 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,07 %	17,64 %	12,17 %	−311,42 %
Debt-to-Equity Ratio	0	0	0,51	0,63
Operating Profit Margin	−19,59 %	4,45 %	4,14 %	−7,33 %
Current Ratio	0,61	0,37	0,75	0,92
Quick Ratio	0,61	0,37	0,75	0,92
Equity Ratio	0,08	0,24	0,09	0,02
Gross Profit Margin	42,07 %	35,2 %	27,21 %	9,4 %