ULSTEIN VERFT EIENDOM AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

39,12 %

Current Ratio

0,3

Debt-to-Equity Ratio

2,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 621 000	42 365 000	43 147 000	43 478 000
Net Income	17 091 000	17 595 000	17 619 000	17 134 000
Total Assets	195 787 000	231 711 000	208 867 000	254 398 000
Total Equity	43 693 000	46 492 000	14 549 000	17 840 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 621 000	42 365 000	43 147 000	43 478 000
Expenditure	14 553 000	14 607 000	15 466 000	15 829 000
Operating Profit	28 068 000	27 757 000	27 681 000	27 649 000
Financial Income	103 000	0	131 000	414 000
Financial Costs	6 260 000	5 199 000	5 224 000	6 096 000
Financial Balance	−6 157 000	−5 199 000	−5 093 000	−5 682 000
Earnings Before Tax	21 911 000	22 558 000	22 588 000	21 967 000
Tax	4 820 000	4 963 000	4 969 000	4 833 000
Net Income	17 091 000	17 595 000	17 619 000	17 134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 484 000	195 863 000	208 726 000	222 526 000
Total Current Assets	9 303 000	35 848 000	140 000	31 872 000
Total Assets	195 787 000	231 711 000	208 867 000	254 398 000
Total Retained Equity	0	0	0	0
Total Equity	43 693 000	46 492 000	14 549 000	17 840 000
Total Long-Term Debt	120 629 000	127 819 000	130 356 000	134 097 000
Total Current Debt	31 466 000	57 400 000	63 961 000	102 461 000
Total Equity and Debt	195 787 000	231 711 000	208 867 000	254 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	42 621 000	42 365 000	43 147 000	43 478 000
Revenue	42 621 000	42 365 000	43 147 000	43 478 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 308 000	12 909 000	13 799 000	13 975 000
Impairment	0	0	0	0
Expenditure	14 553 000	14 607 000	15 466 000	15 829 000
Operating Profit	28 068 000	27 757 000	27 681 000	27 649 000
Financial Income	103 000	0	131 000	414 000
Financial Costs	6 260 000	5 199 000	5 224 000	6 096 000
Financial Balance	−6 157 000	−5 199 000	−5 093 000	−5 682 000
Dividends	0	0	0	0
Net Income	17 091 000	17 595 000	17 619 000	17 134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	186 441 000	195 863 000	208 726 000	222 526 000
Machinery and Plant Facilities	43 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	186 484 000	195 863 000	208 726 000	222 526 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	186 484 000	195 863 000	208 726 000	222 526 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 288 000	0	0	31 791 000
Total Current Assets	9 303 000	35 848 000	140 000	31 872 000
Total Assets	195 787 000	231 711 000	208 867 000	254 398 000
Total Equity	43 693 000	46 492 000	14 549 000	17 840 000
Short-Term Group Debt	28 935 000	55 367 000	62 830 000	100 807 000
Total Long-Term Debt	120 629 000	127 819 000	130 356 000	134 097 000
Creditors	261 000	341 000	0	0
Unpaid Taxes	38 000	75 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 231 000	1 617 000	1 131 000	1 654 000
Total Current Debt	31 466 000	57 400 000	63 961 000	102 461 000
Total Equity and Debt	195 787 000	231 711 000	208 867 000	254 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,12 %	37,85 %	121,1 %	96,04 %
Debt-to-Equity Ratio	2,76	2,75	8,96	7,52
Operating Profit Margin	65,85 %	65,52 %	64,16 %	63,59 %
Current Ratio	0,3	0,62	0	0,31
Quick Ratio	0,3	0,62	0	0,31
Equity Ratio	0,22	0,2	0,07	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %