ULABRAND MARINE AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

59,92 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 174 000	17 804 000	18 897 000	17 882 000
Net Income	580 000	17 000	599 000	145 000
Total Assets	2 805 000	2 069 000	1 910 000	2 446 000
Total Equity	968 000	687 000	671 000	272 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 174 000	17 804 000	18 897 000	17 882 000
Expenditure	18 439 000	17 792 000	18 137 000	17 698 000
Operating Profit	734 000	12 000	760 000	184 000
Financial Income	23 000	21 000	18 000	10 000
Financial Costs	13 000	8 000	3 000	2 000
Financial Balance	10 000	13 000	15 000	8 000
Earnings Before Tax	745 000	25 000	775 000	191 000
Tax	165 000	9 000	176 000	46 000
Net Income	580 000	17 000	599 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 805 000	2 069 000	1 910 000	2 446 000
Total Assets	2 805 000	2 069 000	1 910 000	2 446 000
Total Retained Equity	938 000	657 000	641 000	242 000
Total Equity	968 000	687 000	671 000	272 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 838 000	1 382 000	1 240 000	2 174 000
Total Equity and Debt	2 805 000	2 069 000	1 910 000	2 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 174 000	17 804 000	18 897 000	17 882 000
Other Income	0	0	0	0
Revenue	19 174 000	17 804 000	18 897 000	17 882 000
Cost of Goods Sold	10 017 000	9 450 000	9 778 000	8 672 000
Salary Costs	6 600 000	6 015 000	6 296 000	6 950 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 439 000	17 792 000	18 137 000	17 698 000
Operating Profit	734 000	12 000	760 000	184 000
Financial Income	23 000	21 000	18 000	10 000
Financial Costs	13 000	8 000	3 000	2 000
Financial Balance	10 000	13 000	15 000	8 000
Dividends	300 000	0	200 000	0
Net Income	580 000	17 000	599 000	145 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 235 000	1 002 000	1 478 000	1 030 000
Total Current Assets	2 805 000	2 069 000	1 910 000	2 446 000
Total Assets	2 805 000	2 069 000	1 910 000	2 446 000
Total Equity	968 000	687 000	671 000	272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	283 000	454 000	63 000	48 000
Unpaid Taxes	424 000	457 000	352 000	616 000
Dividends	300 000	0	200 000	0
Other Current Debt	665 000	462 000	449 000	1 464 000
Total Current Debt	1 838 000	1 382 000	1 240 000	2 174 000
Total Equity and Debt	2 805 000	2 069 000	1 910 000	2 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,92 %	2,47 %	89,27 %	53,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,83 %	0,07 %	4,02 %	1,03 %
Current Ratio	1,53	1,5	1,54	1,13
Quick Ratio	1,53	1,5	1,54	1,13
Equity Ratio	0,35	0,33	0,35	0,11
Gross Profit Margin	47,76 %	46,92 %	48,26 %	51,5 %