ULMATEC SERVICES AS

6060 HAREID

Finances

Return on Equity

19,54 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 825 000	20 161 000	19 812 000	20 882 000
Net Income	2 272 000	−136 000	283 000	1 157 000
Total Assets	24 964 000	15 708 000	14 396 000	15 035 000
Total Equity	11 630 000	7 798 000	7 934 000	7 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 825 000	20 161 000	19 812 000	20 882 000
Expenditure	20 347 000	20 155 000	19 594 000	19 411 000
Operating Profit	478 000	7 000	217 000	1 471 000
Financial Income	2 000	1 000	4 000	2 000
Financial Costs	199 000	144 000	157 000	169 000
Financial Balance	−197 000	−143 000	−153 000	−167 000
Earnings Before Tax	281 000	−136 000	65 000	1 304 000
Tax	−1 991 000	0	−219 000	147 000
Net Income	2 272 000	−136 000	283 000	1 157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 669 000	2 798 000	3 067 000	3 138 000
Total Current Assets	15 296 000	12 910 000	11 329 000	11 897 000
Total Assets	24 964 000	15 708 000	14 396 000	15 035 000
Total Retained Equity	3 576 000	1 304 000	1 440 000	1 157 000
Total Equity	11 630 000	7 798 000	7 934 000	7 651 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 334 000	7 910 000	6 461 000	7 384 000
Total Equity and Debt	24 964 000	15 708 000	14 396 000	15 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 825 000	20 161 000	19 812 000	20 882 000
Other Income	0	0	0	0
Revenue	20 825 000	20 161 000	19 812 000	20 882 000
Cost of Goods Sold	4 733 000	3 541 000	4 051 000	4 053 000
Salary Costs	9 299 000	9 372 000	9 185 000	8 647 000
Depreciation	568 000	432 000	570 000	542 000
Impairment	0	0	0	0
Expenditure	20 347 000	20 155 000	19 594 000	19 411 000
Operating Profit	478 000	7 000	217 000	1 471 000
Financial Income	2 000	1 000	4 000	2 000
Financial Costs	199 000	144 000	157 000	169 000
Financial Balance	−197 000	−143 000	−153 000	−167 000
Dividends	0	0	0	0
Net Income	2 272 000	−136 000	283 000	1 157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 607 000	1 056 000	1 056 000	838 000
Real Eastate	4 766 000	0	0	0
Machinery and Plant Facilities	2 222 000	1 648 000	1 878 000	2 146 000
Fixtures	64 000	85 000	123 000	145 000
Total Tangible Assets	7 052 000	1 733 000	2 002 000	2 291 000
Total Fiancial Fixed Assets	9 000	9 000	9 000	9 000
Total Fixed Assets	9 669 000	2 798 000	3 067 000	3 138 000
Stock	6 268 000	7 043 000	6 743 000	6 688 000
Total Investments	0	0	0	0
Cash, Bank	394 000	421 000	380 000	400 000
Total Current Assets	15 296 000	12 910 000	11 329 000	11 897 000
Total Assets	24 964 000	15 708 000	14 396 000	15 035 000
Total Equity	11 630 000	7 798 000	7 934 000	7 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 257 000	1 459 000	898 000	1 852 000
Unpaid Taxes	707 000	1 251 000	918 000	970 000
Dividends	0	0	0	0
Other Current Debt	3 672 000	2 405 000	1 859 000	2 104 000
Total Current Debt	13 334 000	7 910 000	6 461 000	7 384 000
Total Equity and Debt	24 964 000	15 708 000	14 396 000	15 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,54 %	−1,74 %	3,57 %	15,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,3 %	0,03 %	1,1 %	7,04 %
Current Ratio	1,15	1,63	1,75	1,61
Quick Ratio	2,16	14,89	−40,17	17,09
Equity Ratio	0,47	0,5	0,55	0,51
Gross Profit Margin	77,27 %	82,44 %	79,55 %	80,59 %