A ULVESETH AS

5357 FJELL

Finances

Return on Equity

96,13 %

Current Ratio

3,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	3 035 000	3 126 000	2 925 000
Net Income	36 569 000	4 220 000	582 000	341 000
Total Assets	51 578 000	19 533 000	13 388 000	13 665 000
Total Equity	38 042 000	11 473 000	9 677 000	9 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	3 035 000	3 126 000	2 925 000
Expenditure	1 907 000	1 524 000	2 254 000	2 354 000
Operating Profit	−1 907 000	1 510 000	872 000	571 000
Financial Income	38 484 000	3 191 000	51 000	50 000
Financial Costs	8 000	74 000	100 000	120 000
Financial Balance	38 476 000	3 117 000	−49 000	−70 000
Earnings Before Tax	36 569 000	4 626 000	822 000	502 000
Tax	0	406 000	241 000	160 000
Net Income	36 569 000	4 220 000	582 000	341 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 000	9 272 000	9 426 000	10 031 000
Total Current Assets	51 435 000	10 260 000	3 962 000	3 635 000
Total Assets	51 578 000	19 533 000	13 388 000	13 665 000
Total Retained Equity	36 426 000	9 857 000	8 061 000	8 005 000
Total Equity	38 042 000	11 473 000	9 677 000	9 621 000
Total Long-Term Debt	0	1 547 000	2 008 000	2 447 000
Total Current Debt	13 535 000	6 513 000	1 702 000	1 598 000
Total Equity and Debt	51 578 000	19 533 000	13 388 000	13 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 035 000	3 126 000	2 925 000
Other Income	0	0	0	0
Revenue	0	3 035 000	3 126 000	2 925 000
Cost of Goods Sold	0	0	0	0
Salary Costs	862 000	1 115 000	1 406 000	1 435 000
Depreciation	0	153 000	605 000	599 000
Impairment	0	0	0	0
Expenditure	1 907 000	1 524 000	2 254 000	2 354 000
Operating Profit	−1 907 000	1 510 000	872 000	571 000
Financial Income	38 484 000	3 191 000	51 000	50 000
Financial Costs	8 000	74 000	100 000	120 000
Financial Balance	38 476 000	3 117 000	−49 000	−70 000
Dividends	10 000 000	2 424 000	525 000	404 000
Net Income	36 569 000	4 220 000	582 000	341 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	9 160 000	9 313 000	9 918 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	9 160 000	9 313 000	9 918 000
Total Fiancial Fixed Assets	143 000	113 000	113 000	113 000
Total Fixed Assets	143 000	9 272 000	9 426 000	10 031 000
Stock	0	0	0	0
Total Investments	177 000	197 000	153 000	136 000
Cash, Bank	51 169 000	6 307 000	3 087 000	3 010 000
Total Current Assets	51 435 000	10 260 000	3 962 000	3 635 000
Total Assets	51 578 000	19 533 000	13 388 000	13 665 000
Total Equity	38 042 000	11 473 000	9 677 000	9 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 547 000	2 008 000	2 447 000
Creditors	103 000	13 000	0	67 000
Unpaid Taxes	108 000	269 000	261 000	209 000
Dividends	10 000 000	2 424 000	525 000	404 000
Other Current Debt	13 323 000	5 825 000	1 200 000	1 092 000
Total Current Debt	13 535 000	6 513 000	1 702 000	1 598 000
Total Equity and Debt	51 578 000	19 533 000	13 388 000	13 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,13 %	36,78 %	6,01 %	3,54 %
Debt-to-Equity Ratio	0	0,13	0,21	0,25
Operating Profit Margin	-	49,75 %	27,9 %	19,52 %
Current Ratio	3,8	1,58	2,33	2,27
Quick Ratio	3,8	1,58	2,33	2,27
Equity Ratio	0,74	0,59	0,72	0,7
Gross Profit Margin	-	100 %	100 %	100 %