ULSHAV AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−14,37 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 459 000	10 333 000	9 051 000	8 810 000
Net Income	−890 000	261 000	241 000	−359 000
Total Assets	12 852 000	9 211 000	8 323 000	8 201 000
Total Equity	6 193 000	6 683 000	6 422 000	6 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 459 000	10 333 000	9 051 000	8 810 000
Expenditure	13 149 000	10 050 000	8 779 000	9 133 000
Operating Profit	−690 000	283 000	272 000	−323 000
Financial Income	2 000	1 000	3 000	9 000
Financial Costs	201 000	23 000	35 000	44 000
Financial Balance	−199 000	−22 000	−32 000	−35 000
Earnings Before Tax	−890 000	261 000	241 000	−359 000
Tax	0	0	0	0
Net Income	−890 000	261 000	241 000	−359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 001 000	6 039 000	5 686 000	6 122 000
Total Current Assets	2 851 000	3 171 000	2 637 000	2 078 000
Total Assets	12 852 000	9 211 000	8 323 000	8 201 000
Total Retained Equity	5 693 000	6 583 000	6 322 000	6 081 000
Total Equity	6 193 000	6 683 000	6 422 000	6 181 000
Total Long-Term Debt	4 586 000	712 000	849 000	1 018 000
Total Current Debt	2 073 000	1 816 000	1 052 000	1 002 000
Total Equity and Debt	12 852 000	9 211 000	8 323 000	8 201 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 874 000	6 919 000	5 772 000	5 268 000
Other Income	3 585 000	3 414 000	3 279 000	3 543 000
Revenue	12 459 000	10 333 000	9 051 000	8 810 000
Cost of Goods Sold	3 521 000	2 578 000	1 951 000	1 963 000
Salary Costs	7 189 000	5 150 000	4 656 000	5 170 000
Depreciation	533 000	455 000	464 000	479 000
Impairment	0	0	0	0
Expenditure	13 149 000	10 050 000	8 779 000	9 133 000
Operating Profit	−690 000	283 000	272 000	−323 000
Financial Income	2 000	1 000	3 000	9 000
Financial Costs	201 000	23 000	35 000	44 000
Financial Balance	−199 000	−22 000	−32 000	−35 000
Dividends	0	0	0	0
Net Income	−890 000	261 000	241 000	−359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 348 000	5 165 000	5 183 000	5 342 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 653 000	874 000	503 000	781 000
Total Tangible Assets	10 001 000	6 039 000	5 686 000	6 122 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 001 000	6 039 000	5 686 000	6 122 000
Stock	258 000	126 000	220 000	186 000
Total Investments	0	0	0	0
Cash, Bank	1 616 000	2 237 000	1 903 000	1 116 000
Total Current Assets	2 851 000	3 171 000	2 637 000	2 078 000
Total Assets	12 852 000	9 211 000	8 323 000	8 201 000
Total Equity	6 193 000	6 683 000	6 422 000	6 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 586 000	712 000	849 000	1 018 000
Creditors	635 000	756 000	220 000	133 000
Unpaid Taxes	545 000	308 000	351 000	393 000
Dividends	0	0	0	0
Other Current Debt	892 000	751 000	481 000	476 000
Total Current Debt	2 073 000	1 816 000	1 052 000	1 002 000
Total Equity and Debt	12 852 000	9 211 000	8 323 000	8 201 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,37 %	3,91 %	3,75 %	−5,81 %
Debt-to-Equity Ratio	0,74	0,11	0,13	0,16
Operating Profit Margin	−5,54 %	2,74 %	3,01 %	−3,67 %
Current Ratio	1,38	1,75	2,51	2,07
Quick Ratio	1,57	1,88	3,17	2,55
Equity Ratio	0,48	0,73	0,77	0,75
Gross Profit Margin	71,74 %	75,05 %	78,44 %	77,72 %