ULU OF NORWAY AS

2680 VÅGÅ

Finances

Share Ownership

Return on Equity

119,25 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 713 000	2 306 000	770 000	600 000
Net Income	−254 000	7 000	28 000	25 000
Total Assets	340 000	693 000	534 000	318 000
Total Equity	−213 000	42 000	35 000	7 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 713 000	2 306 000	770 000	600 000
Expenditure	1 967 000	2 296 000	741 000	571 000
Operating Profit	−253 000	9 000	30 000	28 000
Financial Income	0	1 000	0	0
Financial Costs	4 000	1 000	0	3 000
Financial Balance	−4 000	0	0	−3 000
Earnings Before Tax	−257 000	9 000	29 000	25 000
Tax	−3 000	2 000	1 000	0
Net Income	−254 000	7 000	28 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	121 000	241 000	52 000	58 000
Total Current Assets	218 000	452 000	483 000	260 000
Total Assets	340 000	693 000	534 000	318 000
Total Retained Equity	−243 000	12 000	5 000	−23 000
Total Equity	−213 000	42 000	35 000	7 000
Total Long-Term Debt	0	3 000	1 000	0
Total Current Debt	552 000	648 000	499 000	311 000
Total Equity and Debt	340 000	693 000	534 000	318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 413 000	1 229 000	395 000	550 000
Other Income	300 000	1 077 000	375 000	50 000
Revenue	1 713 000	2 306 000	770 000	600 000
Cost of Goods Sold	98 000	54 000	123 000	111 000
Salary Costs	873 000	734 000	166 000	232 000
Depreciation	27 000	18 000	6 000	2 000
Impairment	0	0	0	0
Expenditure	1 967 000	2 296 000	741 000	571 000
Operating Profit	−253 000	9 000	30 000	28 000
Financial Income	0	1 000	0	0
Financial Costs	4 000	1 000	0	3 000
Financial Balance	−4 000	0	0	−3 000
Dividends	0	0	0	0
Net Income	−254 000	7 000	28 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	93 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	121 000	148 000	52 000	58 000
Total Tangible Assets	121 000	241 000	52 000	58 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	121 000	241 000	52 000	58 000
Stock	150 000	160 000	160 000	160 000
Total Investments	0	0	0	0
Cash, Bank	46 000	120 000	305 000	84 000
Total Current Assets	218 000	452 000	483 000	260 000
Total Assets	340 000	693 000	534 000	318 000
Total Equity	−213 000	42 000	35 000	7 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	1 000	0
Creditors	56 000	306 000	7 000	3 000
Unpaid Taxes	57 000	47 000	13 000	15 000
Dividends	0	0	0	0
Other Current Debt	439 000	294 000	479 000	294 000
Total Current Debt	552 000	648 000	499 000	311 000
Total Equity and Debt	340 000	693 000	534 000	318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,25 %	16,67 %	80 %	357,14 %
Debt-to-Equity Ratio	−0	0,07	0,03	0
Operating Profit Margin	−14,77 %	0,39 %	3,9 %	4,67 %
Current Ratio	0,39	0,7	0,97	0,84
Quick Ratio	0,54	0,93	1,42	1,72
Equity Ratio	−0,63	0,06	0,07	0,02
Gross Profit Margin	94,28 %	97,66 %	84,03 %	81,5 %