ULVESTAD KONFEKSJON AS

1474 LØRENSKOG

Finances

Share Ownership

Return on Equity

11,46 %

Current Ratio

3,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 158 000	8 343 000	9 500 000	9 276 000
Net Income	444 000	489 000	347 000	−361 000
Total Assets	5 727 000	5 725 000	6 049 000	4 960 000
Total Equity	3 873 000	3 428 000	3 639 000	3 292 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 158 000	8 343 000	9 500 000	9 276 000
Expenditure	10 590 000	7 599 000	8 893 000	9 619 000
Operating Profit	569 000	632 000	408 000	−413 000
Financial Income	2 000	0	2 000	4 000
Financial Costs	0	0	0	7 000
Financial Balance	2 000	0	2 000	−3 000
Earnings Before Tax	571 000	632 000	409 000	−415 000
Tax	127 000	143 000	62 000	−54 000
Net Income	444 000	489 000	347 000	−361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	129 000	359 000	609 000
Total Current Assets	5 717 000	5 596 000	5 689 000	4 350 000
Total Assets	5 727 000	5 725 000	6 049 000	4 960 000
Total Retained Equity	3 773 000	3 328 000	3 539 000	3 192 000
Total Equity	3 873 000	3 428 000	3 639 000	3 292 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 855 000	2 297 000	2 409 000	1 667 000
Total Equity and Debt	5 727 000	5 725 000	6 049 000	4 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 782 000	8 036 000	9 199 000	9 062 000
Other Income	376 000	307 000	302 000	214 000
Revenue	11 158 000	8 343 000	9 500 000	9 276 000
Cost of Goods Sold	4 763 000	3 062 000	3 817 000	3 714 000
Salary Costs	2 182 000	2 845 000	3 368 000	4 065 000
Depreciation	120 000	149 000	250 000	234 000
Impairment	0	0	0	0
Expenditure	10 590 000	7 599 000	8 893 000	9 619 000
Operating Profit	569 000	632 000	408 000	−413 000
Financial Income	2 000	0	2 000	4 000
Financial Costs	0	0	0	7 000
Financial Balance	2 000	0	2 000	−3 000
Dividends	0	0	0	0
Net Income	444 000	489 000	347 000	−361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 000	129 000	359 000	584 000
Fixtures	0	0	0	26 000
Total Tangible Assets	10 000	129 000	359 000	609 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	129 000	359 000	609 000
Stock	909 000	752 000	864 000	1 063 000
Total Investments	0	0	0	0
Cash, Bank	3 687 000	3 555 000	4 671 000	2 338 000
Total Current Assets	5 717 000	5 596 000	5 689 000	4 350 000
Total Assets	5 727 000	5 725 000	6 049 000	4 960 000
Total Equity	3 873 000	3 428 000	3 639 000	3 292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	669 000	135 000	208 000	397 000
Unpaid Taxes	794 000	595 000	1 536 000	876 000
Dividends	0	0	0	0
Other Current Debt	265 000	1 424 000	603 000	394 000
Total Current Debt	1 855 000	2 297 000	2 409 000	1 667 000
Total Equity and Debt	5 727 000	5 725 000	6 049 000	4 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,46 %	14,26 %	9,54 %	−10,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,1 %	7,58 %	4,29 %	−4,45 %
Current Ratio	3,08	2,44	2,36	2,61
Quick Ratio	6,04	3,62	3,68	7,2
Equity Ratio	0,68	0,6	0,6	0,66
Gross Profit Margin	57,31 %	63,3 %	59,82 %	59,96 %