ULTIMO AS

3022 DRAMMEN

Finances

Share Ownership

Return on Equity

1,43 %

Current Ratio

4,4

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	289 000	366 000	270 000	385 000
Net Income	4 000	48 000	−119 000	3 000
Total Assets	464 000	427 000	455 000	641 000
Total Equity	279 000	275 000	227 000	346 000

Income (NOK)	2022	2021	2020	2019
Revenue	289 000	366 000	270 000	385 000
Expenditure	290 000	313 000	349 000	364 000
Operating Profit	−1 000	53 000	−79 000	20 000
Financial Income	7 000	3 000	1 000	3 000
Financial Costs	2 000	8 000	10 000	19 000
Financial Balance	5 000	−5 000	−9 000	−16 000
Earnings Before Tax	4 000	48 000	−88 000	4 000
Tax	0	0	31 000	1 000
Net Income	4 000	48 000	−119 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	310 000	310 000	340 000	401 000
Total Current Assets	154 000	117 000	115 000	239 000
Total Assets	464 000	427 000	455 000	641 000
Total Retained Equity	79 000	75 000	27 000	146 000
Total Equity	279 000	275 000	227 000	346 000
Total Long-Term Debt	149 000	140 000	194 000	241 000
Total Current Debt	35 000	12 000	34 000	53 000
Total Equity and Debt	464 000	427 000	455 000	641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	289 000	366 000	270 000	360 000
Other Income	0	0	0	25 000
Revenue	289 000	366 000	270 000	385 000
Cost of Goods Sold	128 000	174 000	165 000	193 000
Salary Costs	0	12 000	0	1 000
Depreciation	0	30 000	30 000	17 000
Impairment	0	0	0	0
Expenditure	290 000	313 000	349 000	364 000
Operating Profit	−1 000	53 000	−79 000	20 000
Financial Income	7 000	3 000	1 000	3 000
Financial Costs	2 000	8 000	10 000	19 000
Financial Balance	5 000	−5 000	−9 000	−16 000
Dividends	0	0	0	38 000
Net Income	4 000	48 000	−119 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	310 000	310 000	340 000	370 000
Total Tangible Assets	310 000	310 000	340 000	370 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	310 000	310 000	340 000	401 000
Stock	0	6 000	39 000	28 000
Total Investments	0	0	0	0
Cash, Bank	133 000	91 000	30 000	44 000
Total Current Assets	154 000	117 000	115 000	239 000
Total Assets	464 000	427 000	455 000	641 000
Total Equity	279 000	275 000	227 000	346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	149 000	140 000	194 000	241 000
Creditors	7 000	5 000	12 000	8 000
Unpaid Taxes	28 000	7 000	0	4 000
Dividends	0	0	0	38 000
Other Current Debt	0	0	21 000	4 000
Total Current Debt	35 000	12 000	34 000	53 000
Total Equity and Debt	464 000	427 000	455 000	641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,43 %	17,45 %	−52,42 %	0,87 %
Debt-to-Equity Ratio	0,53	0,51	0,85	0,7
Operating Profit Margin	−0,35 %	14,48 %	−29,26 %	5,19 %
Current Ratio	4,4	9,75	3,38	4,51
Quick Ratio	4,4	19,5	−23	9,56
Equity Ratio	0,6	0,64	0,5	0,54
Gross Profit Margin	55,71 %	52,46 %	38,89 %	49,87 %