ULTIMAT AS

0278 OSLO

Finances

Share Ownership

Return on Equity

40,29 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 632 000	51 122 000	58 727 000	52 243 000
Net Income	2 296 000	4 317 000	1 894 000	1 292 000
Total Assets	13 655 000	13 572 000	12 798 000	10 102 000
Total Equity	5 699 000	5 773 000	5 736 000	6 110 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 632 000	51 122 000	58 727 000	52 243 000
Expenditure	65 673 000	45 462 000	56 018 000	50 407 000
Operating Profit	2 959 000	5 659 000	2 708 000	1 836 000
Financial Income	105 000	39 000	55 000	83 000
Financial Costs	104 000	148 000	321 000	249 000
Financial Balance	1 000	−109 000	−266 000	−166 000
Earnings Before Tax	2 961 000	5 551 000	2 441 000	1 671 000
Tax	664 000	1 233 000	548 000	379 000
Net Income	2 296 000	4 317 000	1 894 000	1 292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 383 000	1 646 000	186 000	205 000
Total Current Assets	12 272 000	11 926 000	12 612 000	9 897 000
Total Assets	13 655 000	13 572 000	12 798 000	10 102 000
Total Retained Equity	4 898 000	4 972 000	4 935 000	5 308 000
Total Equity	5 699 000	5 773 000	5 736 000	6 110 000
Total Long-Term Debt	0	0	3 000	5 000
Total Current Debt	7 956 000	7 799 000	7 059 000	3 987 000
Total Equity and Debt	13 655 000	13 572 000	12 798 000	10 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 571 000	51 122 000	58 727 000	52 243 000
Other Income	61 000	0	0	0
Revenue	68 632 000	51 122 000	58 727 000	52 243 000
Cost of Goods Sold	62 712 000	42 232 000	53 648 000	47 663 000
Salary Costs	1 308 000	1 570 000	1 274 000	1 702 000
Depreciation	437 000	435 000	51 000	18 000
Impairment	0	0	0	0
Expenditure	65 673 000	45 462 000	56 018 000	50 407 000
Operating Profit	2 959 000	5 659 000	2 708 000	1 836 000
Financial Income	105 000	39 000	55 000	83 000
Financial Costs	104 000	148 000	321 000	249 000
Financial Balance	1 000	−109 000	−266 000	−166 000
Dividends	0	0	0	0
Net Income	2 296 000	4 317 000	1 894 000	1 292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 378 000	1 645 000	186 000	205 000
Total Tangible Assets	1 378 000	1 645 000	186 000	205 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 383 000	1 646 000	186 000	205 000
Stock	5 557 000	11 602 000	11 903 000	8 734 000
Total Investments	0	0	0	0
Cash, Bank	150 000	97 000	81 000	37 000
Total Current Assets	12 272 000	11 926 000	12 612 000	9 897 000
Total Assets	13 655 000	13 572 000	12 798 000	10 102 000
Total Equity	5 699 000	5 773 000	5 736 000	6 110 000
Short-Term Group Debt	3 039 000	3 500 000	0	0
Total Long-Term Debt	0	0	3 000	5 000
Creditors	586 000	1 120 000	783 000	1 081 000
Unpaid Taxes	656 000	716 000	1 081 000	1 150 000
Dividends	0	0	0	0
Other Current Debt	3 675 000	1 994 000	4 645 000	1 385 000
Total Current Debt	7 956 000	7 799 000	7 059 000	3 987 000
Total Equity and Debt	13 655 000	13 572 000	12 798 000	10 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,29 %	74,78 %	33,02 %	21,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,31 %	11,07 %	4,61 %	3,51 %
Current Ratio	1,54	1,53	1,79	2,48
Quick Ratio	5,12	−3,14	−2,6	−2,08
Equity Ratio	0,42	0,43	0,45	0,6
Gross Profit Margin	8,63 %	17,39 %	8,65 %	8,77 %