ULMATEC SKIPSSERVICE AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

95,57 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 877 000	89 132 000	64 018 000	83 858 000
Net Income	5 054 000	4 673 000	2 913 000	3 088 000
Total Assets	46 897 000	34 110 000	31 668 000	32 118 000
Total Equity	5 288 000	6 415 000	7 331 000	5 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 877 000	89 132 000	64 018 000	83 858 000
Expenditure	90 978 000	82 923 000	60 093 000	79 624 000
Operating Profit	6 898 000	6 208 000	3 925 000	4 234 000
Financial Income	277 000	11 000	27 000	62 000
Financial Costs	638 000	204 000	199 000	311 000
Financial Balance	−361 000	−193 000	−172 000	−249 000
Earnings Before Tax	6 537 000	6 015 000	3 753 000	3 984 000
Tax	1 483 000	1 341 000	840 000	896 000
Net Income	5 054 000	4 673 000	2 913 000	3 088 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 551 000	816 000	1 229 000	1 969 000
Total Current Assets	45 345 000	33 294 000	30 439 000	30 149 000
Total Assets	46 897 000	34 110 000	31 668 000	32 118 000
Total Retained Equity	2 156 000	3 283 000	4 199 000	2 319 000
Total Equity	5 288 000	6 415 000	7 331 000	5 451 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	41 609 000	27 694 000	24 337 000	26 667 000
Total Equity and Debt	46 897 000	34 110 000	31 668 000	32 118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 816 000	88 978 000	62 804 000	83 687 000
Other Income	61 000	154 000	1 215 000	171 000
Revenue	97 877 000	89 132 000	64 018 000	83 858 000
Cost of Goods Sold	51 009 000	46 977 000	32 857 000	46 430 000
Salary Costs	28 527 000	23 424 000	18 065 000	21 016 000
Depreciation	291 000	434 000	488 000	436 000
Impairment	0	0	0	0
Expenditure	90 978 000	82 923 000	60 093 000	79 624 000
Operating Profit	6 898 000	6 208 000	3 925 000	4 234 000
Financial Income	277 000	11 000	27 000	62 000
Financial Costs	638 000	204 000	199 000	311 000
Financial Balance	−361 000	−193 000	−172 000	−249 000
Dividends	556 000	484 000	66 000	212 000
Net Income	5 054 000	4 673 000	2 913 000	3 088 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	225 000	121 000	82 000	733 000
Real Eastate	979 000	209 000	325 000	420 000
Machinery and Plant Facilities	181 000	311 000	565 000	526 000
Fixtures	167 000	176 000	256 000	291 000
Total Tangible Assets	1 326 000	695 000	1 146 000	1 236 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 551 000	816 000	1 229 000	1 969 000
Stock	24 868 000	22 552 000	19 681 000	18 468 000
Total Investments	0	0	0	0
Cash, Bank	1 554 000	1 016 000	659 000	893 000
Total Current Assets	45 345 000	33 294 000	30 439 000	30 149 000
Total Assets	46 897 000	34 110 000	31 668 000	32 118 000
Total Equity	5 288 000	6 415 000	7 331 000	5 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 560 000	13 681 000	5 131 000	6 980 000
Unpaid Taxes	2 121 000	1 735 000	1 086 000	1 449 000
Dividends	556 000	484 000	66 000	212 000
Other Current Debt	20 910 000	9 013 000	9 707 000	13 344 000
Total Current Debt	41 609 000	27 694 000	24 337 000	26 667 000
Total Equity and Debt	46 897 000	34 110 000	31 668 000	32 118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,57 %	72,84 %	39,74 %	56,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,05 %	6,96 %	6,13 %	5,05 %
Current Ratio	1,09	1,2	1,25	1,13
Quick Ratio	2,71	6,47	6,54	3,68
Equity Ratio	0,11	0,19	0,23	0,17
Gross Profit Margin	47,88 %	47,3 %	48,68 %	44,63 %