ULVATN UTVIKLING AS

5936 MANGER

Finances

Share Ownership

Return on Equity

116,67 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 376 000	1 834 000	749 000
Net Income	28 000	−187 000	158 000
Total Assets	469 000	415 000	486 000
Total Equity	24 000	−5 000	182 000

Income (NOK)	2022	2021	2020
Revenue	2 376 000	1 834 000	749 000
Expenditure	2 349 000	2 025 000	548 000
Operating Profit	28 000	−191 000	202 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	28 000	−191 000	202 000
Tax	0	−5 000	44 000
Net Income	28 000	−187 000	158 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	39 000	53 000	67 000
Total Current Assets	430 000	363 000	419 000
Total Assets	469 000	415 000	486 000
Total Retained Equity	−1 000	−29 000	158 000
Total Equity	24 000	−5 000	182 000
Total Long-Term Debt	0	0	5 000
Total Current Debt	445 000	420 000	299 000
Total Equity and Debt	469 000	415 000	486 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 317 000	1 834 000	749 000
Other Income	59 000	0	0
Revenue	2 376 000	1 834 000	749 000
Cost of Goods Sold	1 255 000	786 000	383 000
Salary Costs	827 000	958 000	2 000
Depreciation	14 000	14 000	4 000
Impairment	0	0	0
Expenditure	2 349 000	2 025 000	548 000
Operating Profit	28 000	−191 000	202 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	28 000	−187 000	158 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	39 000	53 000	67 000
Total Tangible Assets	39 000	53 000	67 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	39 000	53 000	67 000
Stock	40 000	40 000	11 000
Total Investments	0	0	0
Cash, Bank	50 000	67 000	218 000
Total Current Assets	430 000	363 000	419 000
Total Assets	469 000	415 000	486 000
Total Equity	24 000	−5 000	182 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	5 000
Creditors	113 000	74 000	214 000
Unpaid Taxes	94 000	105 000	45 000
Dividends	0	0	0
Other Current Debt	238 000	240 000	0
Total Current Debt	445 000	420 000	299 000
Total Equity and Debt	469 000	415 000	486 000

Financial indicators	2022	2021	2020
Return on Equity	116,67 %	3 740 %	86,81 %
Debt-to-Equity Ratio	0	−0	0,03
Operating Profit Margin	1,18 %	−10,41 %	26,97 %
Current Ratio	0,97	0,86	1,4
Quick Ratio	1,06	0,96	1,45
Equity Ratio	0,05	−0,01	0,37
Gross Profit Margin	47,18 %	57,14 %	48,87 %