ULF REIDAR TØNNESSEN AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

15,36 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 181 000	3 055 000	1 675 000
Net Income	145 000	562 000	207 000
Total Assets	3 803 000	3 044 000	1 817 000
Total Equity	944 000	799 000	237 000

Income (NOK)	2022	2021	2020
Revenue	3 181 000	3 055 000	1 675 000
Expenditure	2 967 000	2 335 000	1 405 000
Operating Profit	214 000	720 000	270 000
Financial Income	0	0	0
Financial Costs	0	0	5 000
Financial Balance	0	0	−5 000
Earnings Before Tax	214 000	720 000	265 000
Tax	69 000	158 000	58 000
Net Income	145 000	562 000	207 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 047 000	971 000	1 077 000
Total Current Assets	2 756 000	2 073 000	740 000
Total Assets	3 803 000	3 044 000	1 817 000
Total Retained Equity	914 000	769 000	207 000
Total Equity	944 000	799 000	237 000
Total Long-Term Debt	0	4 000	0
Total Current Debt	2 859 000	2 242 000	1 580 000
Total Equity and Debt	3 803 000	3 044 000	1 817 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 181 000	3 055 000	1 675 000
Other Income	0	0	0
Revenue	3 181 000	3 055 000	1 675 000
Cost of Goods Sold	1 748 000	1 284 000	657 000
Salary Costs	91 000	194 000	61 000
Depreciation	328 000	268 000	264 000
Impairment	0	0	0
Expenditure	2 967 000	2 335 000	1 405 000
Operating Profit	214 000	720 000	270 000
Financial Income	0	0	0
Financial Costs	0	0	5 000
Financial Balance	0	0	−5 000
Dividends	0	0	0
Net Income	145 000	562 000	207 000

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	616 000	164 000	0
Fixtures	229 000	807 000	987 000
Total Tangible Assets	845 000	971 000	987 000
Total Fiancial Fixed Assets	201 000	0	90 000
Total Fixed Assets	1 047 000	971 000	1 077 000
Stock	291 000	162 000	382 000
Total Investments	0	0	0
Cash, Bank	842 000	259 000	126 000
Total Current Assets	2 756 000	2 073 000	740 000
Total Assets	3 803 000	3 044 000	1 817 000
Total Equity	944 000	799 000	237 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	4 000	0
Creditors	261 000	338 000	14 000
Unpaid Taxes	329 000	280 000	39 000
Dividends	0	0	0
Other Current Debt	2 197 000	1 470 000	1 469 000
Total Current Debt	2 859 000	2 242 000	1 580 000
Total Equity and Debt	3 803 000	3 044 000	1 817 000

Financial indicators	2022	2021	2020
Return on Equity	15,36 %	70,34 %	87,34 %
Debt-to-Equity Ratio	0	0,01	0
Operating Profit Margin	6,73 %	23,57 %	16,12 %
Current Ratio	0,96	0,92	0,47
Quick Ratio	1,07	1	0,62
Equity Ratio	0,25	0,26	0,13
Gross Profit Margin	45,05 %	57,97 %	60,78 %