ULSTEIN BLIKKENSLAGERVERKSTED AS

4700 VENNESLA

Finances

Return on Equity

13,66 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	127 418 000	112 000	92 000	84 000
Net Income	5 358 000	2 071 000	801 000	845 000
Total Assets	65 273 000	25 684 000	23 753 000	23 160 000
Total Equity	39 238 000	25 023 000	22 952 000	22 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	127 418 000	112 000	92 000	84 000
Expenditure	121 812 000	221 000	198 000	231 000
Operating Profit	5 606 000	−109 000	−106 000	−146 000
Financial Income	1 463 000	2 266 000	991 000	1 090 000
Financial Costs	175 000	0	2 000	3 000
Financial Balance	1 288 000	2 266 000	989 000	1 087 000
Earnings Before Tax	6 895 000	2 157 000	883 000	941 000
Tax	1 537 000	86 000	81 000	96 000
Net Income	5 358 000	2 071 000	801 000	845 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 339 000	20 853 000	19 661 000	17 307 000
Total Current Assets	43 934 000	4 831 000	4 092 000	5 853 000
Total Assets	65 273 000	25 684 000	23 753 000	23 160 000
Total Retained Equity	29 764 000	23 723 000	21 652 000	20 851 000
Total Equity	39 238 000	25 023 000	22 952 000	22 151 000
Total Long-Term Debt	412 000	473 000	566 000	712 000
Total Current Debt	25 623 000	187 000	235 000	297 000
Total Equity and Debt	65 273 000	25 684 000	23 753 000	23 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	127 372 000	112 000	84 000	84 000
Other Income	46 000	0	8 000	0
Revenue	127 418 000	112 000	92 000	84 000
Cost of Goods Sold	72 062 000	0	0	0
Salary Costs	38 632 000	52 000	44 000	52 000
Depreciation	751 000	123 000	94 000	127 000
Impairment	0	0	0	0
Expenditure	121 812 000	221 000	198 000	231 000
Operating Profit	5 606 000	−109 000	−106 000	−146 000
Financial Income	1 463 000	2 266 000	991 000	1 090 000
Financial Costs	175 000	0	2 000	3 000
Financial Balance	1 288 000	2 266 000	989 000	1 087 000
Dividends	0	0	0	0
Net Income	5 358 000	2 071 000	801 000	845 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 078 000	0	0	0
Fixtures	1 633 000	1 010 000	378 000	472 000
Total Tangible Assets	2 712 000	1 010 000	378 000	472 000
Total Fiancial Fixed Assets	18 628 000	19 843 000	19 283 000	16 834 000
Total Fixed Assets	21 339 000	20 853 000	19 661 000	17 307 000
Stock	5 391 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 803 000	3 371 000	3 680 000	5 196 000
Total Current Assets	43 934 000	4 831 000	4 092 000	5 853 000
Total Assets	65 273 000	25 684 000	23 753 000	23 160 000
Total Equity	39 238 000	25 023 000	22 952 000	22 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	412 000	473 000	566 000	712 000
Creditors	12 919 000	0	0	10 000
Unpaid Taxes	3 625 000	3 000	2 000	12 000
Dividends	0	0	0	0
Other Current Debt	6 355 000	6 000	6 000	6 000
Total Current Debt	25 623 000	187 000	235 000	297 000
Total Equity and Debt	65 273 000	25 684 000	23 753 000	23 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,66 %	8,28 %	3,49 %	3,81 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,03
Operating Profit Margin	4,4 %	−97,32 %	−115,22 %	−173,81 %
Current Ratio	1,71	25,83	17,41	19,71
Quick Ratio	2,17	25,83	17,41	19,71
Equity Ratio	0,6	0,97	0,97	0,96
Gross Profit Margin	43,44 %	100 %	100 %	100 %