ULSMÅGVEIEN 29B AS

7079 FLATÅSEN

Finances

Share Ownership

Return on Equity

7,53 %

Current Ratio

2,75

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	969 000	936 000	920 000	903 000
Net Income	434 000	441 000	398 000	414 000
Total Assets	10 149 000	10 229 000	9 838 000	11 766 000
Total Equity	5 765 000	5 330 000	4 890 000	4 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	969 000	936 000	920 000	903 000
Expenditure	227 000	241 000	286 000	265 000
Operating Profit	742 000	695 000	635 000	638 000
Financial Income	62 000	59 000	54 000	84 000
Financial Costs	247 000	189 000	179 000	191 000
Financial Balance	−185 000	−130 000	−125 000	−107 000
Earnings Before Tax	557 000	565 000	510 000	531 000
Tax	123 000	124 000	112 000	117 000
Net Income	434 000	441 000	398 000	414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 689 000	9 798 000	9 809 000	11 756 000
Total Current Assets	460 000	432 000	29 000	10 000
Total Assets	10 149 000	10 229 000	9 838 000	11 766 000
Total Retained Equity	1 465 000	1 030 000	590 000	192 000
Total Equity	5 765 000	5 330 000	4 890 000	4 492 000
Total Long-Term Debt	4 217 000	4 527 000	4 840 000	5 164 000
Total Current Debt	167 000	372 000	109 000	2 110 000
Total Equity and Debt	10 149 000	10 229 000	9 838 000	11 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	969 000	936 000	920 000	0
Other Income	0	0	0	903 000
Revenue	969 000	936 000	920 000	903 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	171 000	171 000	171 000	170 000
Impairment	0	0	0	0
Expenditure	227 000	241 000	286 000	265 000
Operating Profit	742 000	695 000	635 000	638 000
Financial Income	62 000	59 000	54 000	84 000
Financial Costs	247 000	189 000	179 000	191 000
Financial Balance	−185 000	−130 000	−125 000	−107 000
Dividends	0	0	0	0
Net Income	434 000	441 000	398 000	414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 558 000	6 729 000	6 899 000	7 070 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 558 000	6 729 000	6 899 000	7 070 000
Total Fiancial Fixed Assets	3 130 000	3 069 000	2 910 000	4 686 000
Total Fixed Assets	9 689 000	9 798 000	9 809 000	11 756 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	453 000	414 000	11 000	8 000
Total Current Assets	460 000	432 000	29 000	10 000
Total Assets	10 149 000	10 229 000	9 838 000	11 766 000
Total Equity	5 765 000	5 330 000	4 890 000	4 492 000
Short-Term Group Debt	0	0	0	2 000 000
Total Long-Term Debt	4 217 000	4 527 000	4 840 000	5 164 000
Creditors	0	0	0	0
Unpaid Taxes	14 000	14 000	0	0
Dividends	0	0	0	0
Other Current Debt	29 000	234 000	0	0
Total Current Debt	167 000	372 000	109 000	2 110 000
Total Equity and Debt	10 149 000	10 229 000	9 838 000	11 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,53 %	8,27 %	8,14 %	9,22 %
Debt-to-Equity Ratio	0,73	0,85	0,99	1,15
Operating Profit Margin	76,57 %	74,25 %	69,02 %	70,65 %
Current Ratio	2,75	1,16	0,27	0
Quick Ratio	2,75	1,16	0,27	0
Equity Ratio	0,57	0,52	0,5	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %