ULTIMA TELE AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

211,55 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 007 000	4 986 000	4 645 000	4 044 000
Net Income	696 000	635 000	876 000	707 000
Total Assets	1 168 000	1 306 000	1 463 000	2 065 000
Total Equity	329 000	433 000	598 000	1 122 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 007 000	4 986 000	4 645 000	4 044 000
Expenditure	4 115 000	4 172 000	3 521 000	3 137 000
Operating Profit	892 000	815 000	1 124 000	907 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Earnings Before Tax	892 000	814 000	1 124 000	907 000
Tax	196 000	179 000	247 000	199 000
Net Income	696 000	635 000	876 000	707 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	0	0	0
Total Current Assets	1 147 000	1 306 000	1 463 000	2 065 000
Total Assets	1 168 000	1 306 000	1 463 000	2 065 000
Total Retained Equity	294 000	398 000	563 000	1 087 000
Total Equity	329 000	433 000	598 000	1 122 000
Total Long-Term Debt	10 000	0	0	0
Total Current Debt	829 000	873 000	865 000	944 000
Total Equity and Debt	1 168 000	1 306 000	1 463 000	2 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 007 000	4 986 000	4 645 000	4 044 000
Other Income	0	0	0	0
Revenue	5 007 000	4 986 000	4 645 000	4 044 000
Cost of Goods Sold	768 000	1 081 000	647 000	157 000
Salary Costs	2 598 000	2 472 000	2 166 000	2 366 000
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 115 000	4 172 000	3 521 000	3 137 000
Operating Profit	892 000	815 000	1 124 000	907 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Dividends	800 000	800 000	1 400 000	500 000
Net Income	696 000	635 000	876 000	707 000

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	21 000	0	0	0
Total Tangible Assets	21 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	796 000	487 000	836 000	1 424 000
Total Current Assets	1 147 000	1 306 000	1 463 000	2 065 000
Total Assets	1 168 000	1 306 000	1 463 000	2 065 000
Total Equity	329 000	433 000	598 000	1 122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	0	0	0
Creditors	102 000	82 000	57 000	6 000
Unpaid Taxes	312 000	393 000	349 000	526 000
Dividends	800 000	800 000	1 400 000	500 000
Other Current Debt	219 000	219 000	212 000	212 000
Total Current Debt	829 000	873 000	865 000	944 000
Total Equity and Debt	1 168 000	1 306 000	1 463 000	2 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	211,55 %	146,65 %	146,49 %	63,01 %
Debt-to-Equity Ratio	0,03	0	0	0
Operating Profit Margin	17,82 %	16,35 %	24,2 %	22,43 %
Current Ratio	1,38	1,5	1,69	2,19
Quick Ratio	1,38	1,5	1,69	2,19
Equity Ratio	0,28	0,33	0,41	0,54
Gross Profit Margin	84,66 %	78,32 %	86,07 %	96,12 %