ULVERUD & SELJENES TRANSPORT AS

2230 SKOTTERUD

Finances

Return on Equity

46,8 %

Current Ratio

1,64

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 657 000	7 308 000	6 273 000	3 912 000
Net Income	1 599 000	1 109 000	319 000	364 000
Total Assets	7 276 000	4 439 000	1 476 000	1 113 000
Total Equity	3 417 000	1 819 000	710 000	391 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 657 000	7 308 000	6 273 000	3 912 000
Expenditure	7 590 000	5 888 000	5 863 000	3 454 000
Operating Profit	2 067 000	1 420 000	409 000	458 000
Financial Income	4 000	4 000	1 000	1 000
Financial Costs	16 000	1 000	1 000	1 000
Financial Balance	−12 000	3 000	0	0
Earnings Before Tax	2 055 000	1 422 000	409 000	457 000
Tax	456 000	314 000	90 000	93 000
Net Income	1 599 000	1 109 000	319 000	364 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 003 000	2 013 000	51 000	0
Total Current Assets	3 273 000	2 427 000	1 425 000	1 113 000
Total Assets	7 276 000	4 439 000	1 476 000	1 113 000
Total Retained Equity	3 357 000	1 759 000	650 000	331 000
Total Equity	3 417 000	1 819 000	710 000	391 000
Total Long-Term Debt	1 869 000	1 000 000	0	0
Total Current Debt	1 990 000	1 621 000	766 000	722 000
Total Equity and Debt	7 276 000	4 439 000	1 476 000	1 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 657 000	7 308 000	6 273 000	3 912 000
Other Income	0	0	0	0
Revenue	9 657 000	7 308 000	6 273 000	3 912 000
Cost of Goods Sold	454 000	492 000	121 000	0
Salary Costs	3 543 000	2 958 000	2 875 000	1 780 000
Depreciation	35 000	17 000	17 000	0
Impairment	0	0	0	0
Expenditure	7 590 000	5 888 000	5 863 000	3 454 000
Operating Profit	2 067 000	1 420 000	409 000	458 000
Financial Income	4 000	4 000	1 000	1 000
Financial Costs	16 000	1 000	1 000	1 000
Financial Balance	−12 000	3 000	0	0
Dividends	0	0	0	0
Net Income	1 599 000	1 109 000	319 000	364 000

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	36 000	34 000	51 000	0
Total Tangible Assets	36 000	34 000	51 000	0
Total Fiancial Fixed Assets	3 967 000	1 979 000	0	0
Total Fixed Assets	4 003 000	2 013 000	51 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 383 000	1 204 000	753 000	651 000
Total Current Assets	3 273 000	2 427 000	1 425 000	1 113 000
Total Assets	7 276 000	4 439 000	1 476 000	1 113 000
Total Equity	3 417 000	1 819 000	710 000	391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 869 000	1 000 000	0	0
Creditors	196 000	301 000	154 000	276 000
Unpaid Taxes	550 000	403 000	342 000	210 000
Dividends	0	0	0	0
Other Current Debt	789 000	603 000	180 000	143 000
Total Current Debt	1 990 000	1 621 000	766 000	722 000
Total Equity and Debt	7 276 000	4 439 000	1 476 000	1 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,8 %	60,97 %	44,93 %	93,09 %
Debt-to-Equity Ratio	0,55	0,55	0	0
Operating Profit Margin	21,4 %	19,43 %	6,52 %	11,71 %
Current Ratio	1,64	1,5	1,86	1,54
Quick Ratio	1,64	1,5	1,86	1,54
Equity Ratio	0,47	0,41	0,48	0,35
Gross Profit Margin	95,3 %	93,27 %	98,07 %	100 %