UGLAND MARINE SERVICES AS

4878 GRIMSTAD

Finances

Return on Equity

−12,08 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 120 000	91 723 000	90 233 000	86 298 000
Net Income	−2 472 000	3 259 000	5 321 000	532 000
Total Assets	299 016 000	132 936 000	99 653 000	71 249 000
Total Equity	20 458 000	22 930 000	23 211 000	22 918 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 120 000	91 723 000	90 233 000	86 298 000
Expenditure	108 002 000	88 406 000	84 104 000	85 975 000
Operating Profit	−2 882 000	3 318 000	6 129 000	323 000
Financial Income	889 000	1 011 000	1 112 000	1 167 000
Financial Costs	729 000	132 000	502 000	225 000
Financial Balance	160 000	879 000	610 000	942 000
Earnings Before Tax	−2 723 000	4 196 000	6 739 000	1 265 000
Tax	−251 000	936 000	1 418 000	733 000
Net Income	−2 472 000	3 259 000	5 321 000	532 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 772 000	18 674 000	24 766 000	25 375 000
Total Current Assets	277 244 000	114 262 000	74 887 000	45 875 000
Total Assets	299 016 000	132 936 000	99 653 000	71 249 000
Total Retained Equity	851 000	3 323 000	3 603 000	3 311 000
Total Equity	20 458 000	22 930 000	23 211 000	22 918 000
Total Long-Term Debt	3 820 000	3 953 000	9 565 000	9 644 000
Total Current Debt	274 738 000	106 053 000	66 878 000	38 687 000
Total Equity and Debt	299 016 000	132 936 000	99 653 000	71 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 120 000	91 723 000	90 233 000	86 298 000
Other Income	0	0	0	0
Revenue	105 120 000	91 723 000	90 233 000	86 298 000
Cost of Goods Sold	0	0	0	0
Salary Costs	72 664 000	63 880 000	61 515 000	60 361 000
Depreciation	732 000	732 000	803 000	879 000
Impairment	0	0	0	0
Expenditure	108 002 000	88 406 000	84 104 000	85 975 000
Operating Profit	−2 882 000	3 318 000	6 129 000	323 000
Financial Income	889 000	1 011 000	1 112 000	1 167 000
Financial Costs	729 000	132 000	502 000	225 000
Financial Balance	160 000	879 000	610 000	942 000
Dividends	0	0	0	0
Net Income	−2 472 000	3 259 000	5 321 000	532 000

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	532 000	16 000	44 000	73 000
Fixtures	1 682 000	1 360 000	1 654 000	2 166 000
Total Tangible Assets	2 214 000	1 376 000	1 698 000	2 238 000
Total Fiancial Fixed Assets	19 558 000	17 298 000	23 067 000	23 136 000
Total Fixed Assets	21 772 000	18 674 000	24 766 000	25 375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 679 000	6 509 000	8 181 000	5 214 000
Total Current Assets	277 244 000	114 262 000	74 887 000	45 875 000
Total Assets	299 016 000	132 936 000	99 653 000	71 249 000
Total Equity	20 458 000	22 930 000	23 211 000	22 918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 820 000	3 953 000	9 565 000	9 644 000
Creditors	2 560 000	1 024 000	617 000	1 539 000
Unpaid Taxes	7 427 000	7 149 000	5 939 000	4 742 000
Dividends	0	0	0	0
Other Current Debt	264 751 000	97 881 000	60 321 000	32 405 000
Total Current Debt	274 738 000	106 053 000	66 878 000	38 687 000
Total Equity and Debt	299 016 000	132 936 000	99 653 000	71 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,08 %	14,21 %	22,92 %	2,32 %
Debt-to-Equity Ratio	0,19	0,17	0,41	0,42
Operating Profit Margin	−2,74 %	3,62 %	6,79 %	0,37 %
Current Ratio	1,01	1,08	1,12	1,19
Quick Ratio	1,01	1,08	1,12	1,19
Equity Ratio	0,07	0,17	0,23	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %