ULSTADVATNET VASSLAG SA

7520 HEGRA

Finances

Share Ownership

Return on Equity

−5,52 %

Current Ratio

8,61

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 732 000	2 717 000	2 257 000	2 999 000
Net Income	−235 000	174 000	158 000	1 094 000
Total Assets	8 332 000	4 780 000	4 651 000	5 529 000
Total Equity	4 258 000	4 493 000	4 319 000	4 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 732 000	2 717 000	2 257 000	2 999 000
Expenditure	2 807 000	2 533 000	2 102 000	1 910 000
Operating Profit	−76 000	184 000	155 000	1 087 000
Financial Income	9 000	15 000	19 000	21 000
Financial Costs	168 000	25 000	16 000	14 000
Financial Balance	−159 000	−10 000	3 000	7 000
Earnings Before Tax	−235 000	174 000	158 000	1 094 000
Tax	0	0	0	0
Net Income	−235 000	174 000	158 000	1 094 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 723 000	2 434 000	1 705 000	1 914 000
Total Current Assets	2 609 000	2 346 000	2 946 000	3 615 000
Total Assets	8 332 000	4 780 000	4 651 000	5 529 000
Total Retained Equity	4 258 000	4 493 000	4 319 000	4 161 000
Total Equity	4 258 000	4 493 000	4 319 000	4 161 000
Total Long-Term Debt	3 771 000	0	0	0
Total Current Debt	303 000	287 000	333 000	1 369 000
Total Equity and Debt	8 332 000	4 780 000	4 651 000	5 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 732 000	2 717 000	2 257 000	2 999 000
Other Income	0	0	0	0
Revenue	2 732 000	2 717 000	2 257 000	2 999 000
Cost of Goods Sold	206 000	25 000	96 000	68 000
Salary Costs	1 195 000	1 022 000	883 000	775 000
Depreciation	181 000	223 000	209 000	176 000
Impairment	0	0	0	0
Expenditure	2 807 000	2 533 000	2 102 000	1 910 000
Operating Profit	−76 000	184 000	155 000	1 087 000
Financial Income	9 000	15 000	19 000	21 000
Financial Costs	168 000	25 000	16 000	14 000
Financial Balance	−159 000	−10 000	3 000	7 000
Dividends	0	0	0	0
Net Income	−235 000	174 000	158 000	1 094 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 172 000	1 863 000	1 141 000	1 322 000
Machinery and Plant Facilities	494 000	520 000	546 000	572 000
Fixtures	56 000	52 000	18 000	20 000
Total Tangible Assets	5 723 000	2 434 000	1 705 000	1 914 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 723 000	2 434 000	1 705 000	1 914 000
Stock	38 000	38 000	38 000	38 000
Total Investments	0	0	0	0
Cash, Bank	497 000	281 000	1 409 000	1 204 000
Total Current Assets	2 609 000	2 346 000	2 946 000	3 615 000
Total Assets	8 332 000	4 780 000	4 651 000	5 529 000
Total Equity	4 258 000	4 493 000	4 319 000	4 161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 771 000	0	0	0
Creditors	111 000	102 000	126 000	1 178 000
Unpaid Taxes	75 000	48 000	45 000	32 000
Dividends	0	0	0	0
Other Current Debt	116 000	138 000	162 000	159 000
Total Current Debt	303 000	287 000	333 000	1 369 000
Total Equity and Debt	8 332 000	4 780 000	4 651 000	5 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,52 %	3,87 %	3,66 %	26,29 %
Debt-to-Equity Ratio	0,89	0	0	0
Operating Profit Margin	−2,78 %	6,77 %	6,87 %	36,25 %
Current Ratio	8,61	8,17	8,85	2,64
Quick Ratio	9,85	9,42	9,99	2,72
Equity Ratio	0,51	0,94	0,93	0,75
Gross Profit Margin	92,46 %	99,08 %	95,75 %	97,73 %