ULTIMA MANAGEMENT AS

4316 SANDNES

Finances

Return on Equity

106,24 %

Current Ratio

8,06

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 627 000	207 000	5 239 000	963 000
Net Income	18 464 000	137 000	5 122 000	429 000
Total Assets	20 490 000	9 761 000	8 535 000	1 656 000
Total Equity	17 379 000	6 415 000	4 778 000	356 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 627 000	207 000	5 239 000	963 000
Expenditure	2 897 000	30 000	2 706 000	534 000
Operating Profit	1 730 000	177 000	2 533 000	430 000
Financial Income	20 791 000	0	3 148 000	0
Financial Costs	3 498 000	1 000	1 000	0
Financial Balance	17 293 000	−1 000	3 147 000	0
Earnings Before Tax	19 023 000	176 000	5 679 000	429 000
Tax	560 000	39 000	557 000	0
Net Income	18 464 000	137 000	5 122 000	429 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	11 531 000	9 503 000	4 025 000	1 025 000
Total Current Assets	8 959 000	258 000	4 510 000	631 000
Total Assets	20 490 000	9 761 000	8 535 000	1 656 000
Total Retained Equity	17 349 000	6 385 000	4 748 000	326 000
Total Equity	17 379 000	6 415 000	4 778 000	356 000
Total Long-Term Debt	2 000 000	0	2 500 000	1 000 000
Total Current Debt	1 111 000	3 345 000	1 256 000	300 000
Total Equity and Debt	20 490 000	9 761 000	8 535 000	1 656 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 627 000	207 000	5 239 000	0
Other Income	0	0	0	963 000
Revenue	4 627 000	207 000	5 239 000	963 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 897 000	30 000	2 706 000	534 000
Operating Profit	1 730 000	177 000	2 533 000	430 000
Financial Income	20 791 000	0	3 148 000	0
Financial Costs	3 498 000	1 000	1 000	0
Financial Balance	17 293 000	−1 000	3 147 000	0
Dividends	7 500 000	0	700 000	300 000
Net Income	18 464 000	137 000	5 122 000	429 000

Balance details (NOK)	2021	2020	2019	2018
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	11 531 000	9 503 000	4 025 000	1 025 000
Total Fixed Assets	11 531 000	9 503 000	4 025 000	1 025 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 834 000	258 000	502 000	150 000
Total Current Assets	8 959 000	258 000	4 510 000	631 000
Total Assets	20 490 000	9 761 000	8 535 000	1 656 000
Total Equity	17 379 000	6 415 000	4 778 000	356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	0	2 500 000	1 000 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	7 500 000	0	700 000	300 000
Other Current Debt	0	2 750 000	0	0
Total Current Debt	1 111 000	3 345 000	1 256 000	300 000
Total Equity and Debt	20 490 000	9 761 000	8 535 000	1 656 000

Financial indicators	2021	2020	2019	2018
Return on Equity	106,24 %	2,14 %	107,2 %	120,51 %
Debt-to-Equity Ratio	0,12	0	0,52	2,81
Operating Profit Margin	37,39 %	85,51 %	48,35 %	44,65 %
Current Ratio	8,06	0,08	3,59	2,1
Quick Ratio	8,06	0,08	3,59	2,1
Equity Ratio	0,85	0,66	0,56	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %