ULVANG INVEST AS

7550 HOMMELVIK

Finances

Return on Equity

5,26 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000	0	0	0
Net Income	1 000	−5 000	−13 000	−50 000
Total Assets	37 000	36 000	36 000	33 000
Total Equity	19 000	19 000	24 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000	0	0	0
Expenditure	0	3 000	13 000	50 000
Operating Profit	1 000	−3 000	−13 000	−50 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	1 000	−5 000	−13 000	−50 000
Tax	0	0	0	0
Net Income	1 000	−5 000	−13 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	37 000	36 000	36 000	33 000
Total Assets	37 000	36 000	36 000	33 000
Total Retained Equity	−11 000	−11 000	−6 000	7 000
Total Equity	19 000	19 000	24 000	37 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 000	18 000	12 000	−4 000
Total Equity and Debt	37 000	36 000	36 000	33 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	0	0	0
Other Income	0	0	0	0
Revenue	1 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	14 000
Impairment	0	0	0	0
Expenditure	0	3 000	13 000	50 000
Operating Profit	1 000	−3 000	−13 000	−50 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	1 000	−5 000	−13 000	−50 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	15 000	1 000	0	0
Cash, Bank	22 000	36 000	35 000	33 000
Total Current Assets	37 000	36 000	36 000	33 000
Total Assets	37 000	36 000	36 000	33 000
Total Equity	19 000	19 000	24 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	−6 000
Dividends	0	0	0	0
Other Current Debt	18 000	18 000	12 000	2 000
Total Current Debt	18 000	18 000	12 000	−4 000
Total Equity and Debt	37 000	36 000	36 000	33 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,26 %	−26,32 %	−54,17 %	−135,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	100 %	-	-	-
Current Ratio	2,06	2	3	−8,25
Quick Ratio	2,06	2	3	−8,25
Equity Ratio	0,51	0,53	0,67	1,12
Gross Profit Margin	100 %	-	-	-