BRØDRENE ULVESETH EIENDOM AS

5179 GODVIK

Finances

Return on Equity

18,19 %

Current Ratio

2,51

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 927 000	39 941 000	19 296 000	20 468 000
Net Income	76 163 000	49 802 000	26 865 000	30 706 000
Total Assets	709 718 000	634 834 000	530 726 000	518 632 000
Total Equity	418 609 000	412 477 000	383 677 000	361 978 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 927 000	39 941 000	19 296 000	20 468 000
Expenditure	9 910 000	7 480 000	6 289 000	6 277 000
Operating Profit	18 017 000	32 461 000	13 007 000	14 191 000
Financial Income	68 419 000	28 194 000	19 964 000	23 549 000
Financial Costs	6 313 000	3 893 000	2 836 000	3 625 000
Financial Balance	62 106 000	24 301 000	17 128 000	19 924 000
Earnings Before Tax	80 123 000	56 761 000	30 135 000	34 115 000
Tax	3 960 000	6 960 000	3 270 000	3 409 000
Net Income	76 163 000	49 802 000	26 865 000	30 706 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	450 652 000	472 196 000	401 171 000	377 616 000
Total Current Assets	259 066 000	162 637 000	129 555 000	141 016 000
Total Assets	709 718 000	634 834 000	530 726 000	518 632 000
Total Retained Equity	148 788 000	104 118 000	75 318 000	53 619 000
Total Equity	418 609 000	412 477 000	383 677 000	361 978 000
Total Long-Term Debt	187 945 000	169 738 000	122 050 000	117 792 000
Total Current Debt	103 164 000	52 619 000	24 999 000	38 861 000
Total Equity and Debt	709 718 000	634 834 000	530 726 000	518 632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 195 000	23 695 000	0	19 890 000
Other Income	1 732 000	16 246 000	19 296 000	577 000
Revenue	27 927 000	39 941 000	19 296 000	20 468 000
Cost of Goods Sold	−292 000	49 000	0	0
Salary Costs	0	0	0	0
Depreciation	5 748 000	4 202 000	3 264 000	3 212 000
Impairment	0	0	0	0
Expenditure	9 910 000	7 480 000	6 289 000	6 277 000
Operating Profit	18 017 000	32 461 000	13 007 000	14 191 000
Financial Income	68 419 000	28 194 000	19 964 000	23 549 000
Financial Costs	6 313 000	3 893 000	2 836 000	3 625 000
Financial Balance	62 106 000	24 301 000	17 128 000	19 924 000
Dividends	10 000 000	30 000 000	0	5 000 000
Net Income	76 163 000	49 802 000	26 865 000	30 706 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	169 150 000	190 399 000	122 237 000	112 568 000
Machinery and Plant Facilities	32 072 000	30 626 000	7 162 000	7 607 000
Fixtures	0	0	0	0
Total Tangible Assets	201 222 000	221 025 000	129 399 000	120 175 000
Total Fiancial Fixed Assets	249 430 000	251 172 000	271 772 000	257 441 000
Total Fixed Assets	450 652 000	472 196 000	401 171 000	377 616 000
Stock	96 749 000	129 164 000	34 267 000	37 843 000
Total Investments	0	0	0	0
Cash, Bank	119 512 000	31 421 000	75 125 000	77 701 000
Total Current Assets	259 066 000	162 637 000	129 555 000	141 016 000
Total Assets	709 718 000	634 834 000	530 726 000	518 632 000
Total Equity	418 609 000	412 477 000	383 677 000	361 978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	187 945 000	169 738 000	122 050 000	117 792 000
Creditors	69 118 000	15 135 000	2 665 000	1 907 000
Unpaid Taxes	850 000	−275 000	96 000	276 000
Dividends	10 000 000	30 000 000	0	5 000 000
Other Current Debt	19 962 000	36 116 000	20 389 000	28 592 000
Total Current Debt	103 164 000	52 619 000	24 999 000	38 861 000
Total Equity and Debt	709 718 000	634 834 000	530 726 000	518 632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,19 %	12,07 %	7 %	8,48 %
Debt-to-Equity Ratio	0,45	0,41	0,32	0,33
Operating Profit Margin	64,51 %	81,27 %	67,41 %	69,33 %
Current Ratio	2,51	3,09	5,18	3,63
Quick Ratio	40,38	−2,12	−13,98	138,52
Equity Ratio	0,59	0,65	0,72	0,7
Gross Profit Margin	101,05 %	99,88 %	100 %	100 %