ULVESETH EIENDOMSSELSKAP AS

5363 ÅGOTNES

Finances

Share Ownership

Return on Equity

17,81 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 675 000	2 594 000	2 392 000	4 589 000
Net Income	1 110 000	853 000	1 002 000	2 188 000
Total Assets	9 061 000	7 443 000	9 636 000	10 706 000
Total Equity	6 233 000	6 163 000	8 142 000	8 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 675 000	2 594 000	2 392 000	4 589 000
Expenditure	1 210 000	1 505 000	1 111 000	1 793 000
Operating Profit	1 465 000	1 089 000	1 282 000	2 796 000
Financial Income	4 000	4 000	4 000	9 000
Financial Costs	46 000	0	1 000	0
Financial Balance	−42 000	4 000	3 000	9 000
Earnings Before Tax	1 423 000	1 093 000	1 285 000	2 804 000
Tax	313 000	241 000	283 000	617 000
Net Income	1 110 000	853 000	1 002 000	2 188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 395 000	5 910 000	6 463 000	7 026 000
Total Current Assets	2 666 000	1 533 000	3 173 000	3 679 000
Total Assets	9 061 000	7 443 000	9 636 000	10 706 000
Total Retained Equity	6 150 000	6 079 000	8 042 000	8 040 000
Total Equity	6 233 000	6 163 000	8 142 000	8 140 000
Total Long-Term Debt	1 145 000	0	0	0
Total Current Debt	1 684 000	1 280 000	1 495 000	2 566 000
Total Equity and Debt	9 061 000	7 443 000	9 636 000	10 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 675 000	2 594 000	2 392 000	4 589 000
Revenue	2 675 000	2 594 000	2 392 000	4 589 000
Cost of Goods Sold	0	0	0	0
Salary Costs	171 000	143 000	126 000	126 000
Depreciation	641 000	629 000	646 000	1 061 000
Impairment	0	0	0	0
Expenditure	1 210 000	1 505 000	1 111 000	1 793 000
Operating Profit	1 465 000	1 089 000	1 282 000	2 796 000
Financial Income	4 000	4 000	4 000	9 000
Financial Costs	46 000	0	1 000	0
Financial Balance	−42 000	4 000	3 000	9 000
Dividends	1 040 000	832 000	1 000 000	2 000 000
Net Income	1 110 000	853 000	1 002 000	2 188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	664 000	598 000	523 000	440 000
Real Eastate	5 718 000	5 291 000	5 911 000	6 533 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	21 000	29 000	53 000
Total Tangible Assets	5 731 000	5 312 000	5 940 000	6 586 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 395 000	5 910 000	6 463 000	7 026 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 606 000	1 478 000	3 121 000	3 632 000
Total Current Assets	2 666 000	1 533 000	3 173 000	3 679 000
Total Assets	9 061 000	7 443 000	9 636 000	10 706 000
Total Equity	6 233 000	6 163 000	8 142 000	8 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 145 000	0	0	0
Creditors	13 000	−23 000	25 000	95 000
Unpaid Taxes	188 000	155 000	93 000	87 000
Dividends	1 040 000	832 000	1 000 000	2 000 000
Other Current Debt	64 000	0	11 000	0
Total Current Debt	1 684 000	1 280 000	1 495 000	2 566 000
Total Equity and Debt	9 061 000	7 443 000	9 636 000	10 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,81 %	13,84 %	12,31 %	26,88 %
Debt-to-Equity Ratio	0,18	0	0	0
Operating Profit Margin	54,77 %	41,98 %	53,6 %	60,93 %
Current Ratio	1,58	1,2	2,12	1,43
Quick Ratio	1,58	1,2	2,12	1,43
Equity Ratio	0,69	0,83	0,84	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %