ULSTEIN GROUP ASA

6065 ULSTEINVIK

Finances

Return on Equity

−5,73 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	633 384 000	1 214 289 000	1 644 249 000	2 567 557 000
Net Income	−21 752 000	15 939 000	−37 609 000	−205 912 000
Total Assets	1 223 004 000	1 171 006 000	1 438 437 000	2 903 555 000
Total Equity	379 489 000	397 861 000	381 326 000	418 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	633 384 000	1 214 289 000	1 644 249 000	2 567 557 000
Expenditure	646 388 000	1 157 907 000	1 636 435 000	2 771 917 000
Operating Profit	−13 004 000	56 382 000	7 814 000	−204 359 000
Financial Income	13 218 000	12 835 000	77 615 000	56 468 000
Financial Costs	28 465 000	50 568 000	129 562 000	114 131 000
Financial Balance	−15 247 000	−37 733 000	−51 947 000	−57 663 000
Earnings Before Tax	−28 251 000	18 650 000	−44 134 000	−262 022 000
Tax	−6 499 000	2 711 000	−6 525 000	−56 110 000
Net Income	−21 752 000	15 939 000	−37 609 000	−205 912 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	689 926 000	796 001 000	848 631 000	901 612 000
Total Current Assets	533 078 000	375 005 000	589 806 000	2 001 942 000
Total Assets	1 223 004 000	1 171 006 000	1 438 437 000	2 903 555 000
Total Retained Equity	47 677 000	66 047 000	49 511 000	86 955 000
Total Equity	379 489 000	397 861 000	381 326 000	418 770 000
Total Long-Term Debt	354 296 000	529 744 000	579 259 000	603 072 000
Total Current Debt	489 219 000	243 401 000	477 851 000	1 881 712 000
Total Equity and Debt	1 223 004 000	1 171 006 000	1 438 437 000	2 903 555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	630 252 000	1 207 413 000	1 625 787 000	2 531 922 000
Other Income	3 132 000	6 877 000	18 462 000	35 635 000
Revenue	633 384 000	1 214 289 000	1 644 249 000	2 567 557 000
Cost of Goods Sold	257 668 000	656 191 000	1 102 778 000	2 123 266 000
Salary Costs	283 138 000	356 595 000	404 505 000	495 745 000
Depreciation	14 362 000	37 065 000	39 090 000	35 868 000
Impairment	0	0	0	0
Expenditure	646 388 000	1 157 907 000	1 636 435 000	2 771 917 000
Operating Profit	−13 004 000	56 382 000	7 814 000	−204 359 000
Financial Income	13 218 000	12 835 000	77 615 000	56 468 000
Financial Costs	28 465 000	50 568 000	129 562 000	114 131 000
Financial Balance	−15 247 000	−37 733 000	−51 947 000	−57 663 000
Dividends	0	0	0	0
Net Income	−21 752 000	15 939 000	−37 609 000	−205 912 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	185 000
Total Intangible Assets	152 356 000	145 004 000	152 727 000	153 628 000
Real Eastate	189 608 000	199 419 000	212 648 000	227 079 000
Machinery and Plant Facilities	31 399 000	29 373 000	34 602 000	41 746 000
Fixtures	4 941 000	4 924 000	5 070 000	5 557 000
Total Tangible Assets	390 947 000	501 724 000	418 018 000	446 881 000
Total Fiancial Fixed Assets	146 622 000	149 272 000	277 886 000	301 103 000
Total Fixed Assets	689 926 000	796 001 000	848 631 000	901 612 000
Stock	18 390 000	20 581 000	22 720 000	30 478 000
Total Investments	0	0	0	0
Cash, Bank	268 084 000	266 003 000	395 995 000	1 000 421 000
Total Current Assets	533 078 000	375 005 000	589 806 000	2 001 942 000
Total Assets	1 223 004 000	1 171 006 000	1 438 437 000	2 903 555 000
Total Equity	379 489 000	397 861 000	381 326 000	418 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	354 296 000	529 744 000	579 259 000	603 072 000
Creditors	37 000 000	46 672 000	124 731 000	236 233 000
Unpaid Taxes	19 777 000	23 034 000	40 520 000	47 501 000
Dividends	0	0	0	0
Other Current Debt	431 652 000	173 516 000	312 094 000	1 597 753 000
Total Current Debt	489 219 000	243 401 000	477 851 000	1 881 712 000
Total Equity and Debt	1 223 004 000	1 171 006 000	1 438 437 000	2 903 555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,73 %	4,01 %	−9,86 %	−49,17 %
Debt-to-Equity Ratio	0,93	1,33	1,52	1,44
Operating Profit Margin	−2,05 %	4,64 %	0,48 %	−7,96 %
Current Ratio	1,09	1,54	1,23	1,06
Quick Ratio	1,13	1,68	1,3	1,08
Equity Ratio	0,31	0,34	0,27	0,14
Gross Profit Margin	59,32 %	45,96 %	32,93 %	17,3 %