ULSTEIN POWER & CONTROL AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

3,01 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 679 000	57 063 000	32 916 000	55 153 000
Net Income	232 000	268 000	3 019 000	974 000
Total Assets	60 424 000	54 011 000	20 351 000	54 019 000
Total Equity	7 715 000	7 483 000	5 490 000	3 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 679 000	57 063 000	32 916 000	55 153 000
Expenditure	74 231 000	56 800 000	31 380 000	52 279 000
Operating Profit	447 000	262 000	1 536 000	2 875 000
Financial Income	1 023 000	1 006 000	2 953 000	90 000
Financial Costs	1 173 000	924 000	618 000	1 704 000
Financial Balance	−150 000	82 000	2 335 000	−1 614 000
Earnings Before Tax	298 000	344 000	3 871 000	1 261 000
Tax	66 000	76 000	852 000	287 000
Net Income	232 000	268 000	3 019 000	974 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 627 000	9 676 000	10 518 000	11 166 000
Total Current Assets	50 797 000	44 335 000	9 834 000	42 853 000
Total Assets	60 424 000	54 011 000	20 351 000	54 019 000
Total Retained Equity	500 000	268 000	0	0
Total Equity	7 715 000	7 483 000	5 490 000	3 271 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	52 710 000	46 528 000	14 861 000	50 748 000
Total Equity and Debt	60 424 000	54 011 000	20 351 000	54 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 679 000	57 063 000	31 975 000	55 153 000
Other Income	0	0	941 000	0
Revenue	74 679 000	57 063 000	32 916 000	55 153 000
Cost of Goods Sold	42 552 000	30 589 000	8 383 000	25 749 000
Salary Costs	23 276 000	18 884 000	13 746 000	18 494 000
Depreciation	13 000	21 000	22 000	102 000
Impairment	0	0	0	0
Expenditure	74 231 000	56 800 000	31 380 000	52 279 000
Operating Profit	447 000	262 000	1 536 000	2 875 000
Financial Income	1 023 000	1 006 000	2 953 000	90 000
Financial Costs	1 173 000	924 000	618 000	1 704 000
Financial Balance	−150 000	82 000	2 335 000	−1 614 000
Dividends	0	0	0	0
Net Income	232 000	268 000	3 019 000	974 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 587 000	9 653 000	10 504 000	11 131 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	2 000	14 000	35 000
Fixtures	41 000	21 000	0	0
Total Tangible Assets	41 000	23 000	14 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 627 000	9 676 000	10 518 000	11 166 000
Stock	3 330 000	1 141 000	264 000	6 475 000
Total Investments	0	0	0	0
Cash, Bank	25 695 000	11 210 000	1 863 000	23 353 000
Total Current Assets	50 797 000	44 335 000	9 834 000	42 853 000
Total Assets	60 424 000	54 011 000	20 351 000	54 019 000
Total Equity	7 715 000	7 483 000	5 490 000	3 271 000
Short-Term Group Debt	5 217 000	2 170 000	4 052 000	36 472 000
Total Long-Term Debt	0	0	0	0
Creditors	4 093 000	16 422 000	585 000	1 711 000
Unpaid Taxes	1 661 000	1 474 000	1 109 000	1 527 000
Dividends	0	0	0	0
Other Current Debt	41 739 000	26 461 000	9 115 000	11 038 000
Total Current Debt	52 710 000	46 528 000	14 861 000	50 748 000
Total Equity and Debt	60 424 000	54 011 000	20 351 000	54 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,01 %	3,58 %	54,99 %	29,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,6 %	0,46 %	4,67 %	5,21 %
Current Ratio	0,96	0,95	0,66	0,84
Quick Ratio	1,03	0,98	0,67	0,97
Equity Ratio	0,13	0,14	0,27	0,06
Gross Profit Margin	43,02 %	46,39 %	74,53 %	53,31 %