BRØDRENE ULVESTAD EIENDOM AS

6315 INNFJORDEN

Finances

Share Ownership

Return on Equity

3,7 %

Current Ratio

33,15

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	240 000	240 000	240 000
Net Income	56 000	96 000	85 000	88 000
Total Assets	1 586 000	1 538 000	1 438 000	1 362 000
Total Equity	1 512 000	1 456 000	1 360 000	1 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	240 000	240 000	240 000
Expenditure	168 000	116 000	130 000	127 000
Operating Profit	72 000	124 000	110 000	113 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	72 000	124 000	108 000	113 000
Tax	16 000	27 000	24 000	25 000
Net Income	56 000	96 000	85 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	460 000	459 000	491 000	526 000
Total Current Assets	1 127 000	1 080 000	947 000	836 000
Total Assets	1 586 000	1 538 000	1 438 000	1 362 000
Total Retained Equity	1 412 000	1 356 000	1 260 000	1 175 000
Total Equity	1 512 000	1 456 000	1 360 000	1 275 000
Total Long-Term Debt	40 000	40 000	40 000	40 000
Total Current Debt	34 000	42 000	38 000	47 000
Total Equity and Debt	1 586 000	1 538 000	1 438 000	1 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	240 000	240 000	240 000	240 000
Revenue	240 000	240 000	240 000	240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	26 000	33 000	37 000	39 000
Impairment	0	0	0	0
Expenditure	168 000	116 000	130 000	127 000
Operating Profit	72 000	124 000	110 000	113 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	56 000	96 000	85 000	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	13 000	12 000	10 000
Real Eastate	422 000	446 000	479 000	516 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	0	0	0
Total Tangible Assets	448 000	446 000	479 000	516 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	460 000	459 000	491 000	526 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	253 000	0	5 000	3 000
Total Current Assets	1 127 000	1 080 000	947 000	836 000
Total Assets	1 586 000	1 538 000	1 438 000	1 362 000
Total Equity	1 512 000	1 456 000	1 360 000	1 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	40 000	40 000	40 000
Creditors	18 000	1 000	0	10 000
Unpaid Taxes	−2 000	10 000	9 000	8 000
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	3 000	3 000
Total Current Debt	34 000	42 000	38 000	47 000
Total Equity and Debt	1 586 000	1 538 000	1 438 000	1 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,7 %	6,59 %	6,25 %	6,9 %
Debt-to-Equity Ratio	0,03	0,03	0,03	0,03
Operating Profit Margin	30 %	51,67 %	45,83 %	47,08 %
Current Ratio	33,15	25,71	24,92	17,79
Quick Ratio	33,15	25,71	24,92	17,79
Equity Ratio	0,95	0,95	0,95	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %