ULVESUND ELEKTRO AS

6718 DEKNEPOLLEN

Finances

Return on Equity

−19,41 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 528 000	82 814 000	80 430 000	39 015 000
Net Income	−2 387 000	−688 000	7 105 000	−507 000
Total Assets	27 289 000	29 565 000	28 495 000	21 420 000
Total Equity	12 295 000	14 683 000	15 371 000	11 766 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 528 000	82 814 000	80 430 000	39 015 000
Expenditure	74 791 000	84 473 000	78 729 000	39 740 000
Operating Profit	−3 263 000	−1 659 000	1 701 000	−725 000
Financial Income	284 000	710 000	5 867 000	103 000
Financial Costs	122 000	99 000	28 000	20 000
Financial Balance	162 000	611 000	5 839 000	83 000
Earnings Before Tax	−3 101 000	−1 048 000	7 540 000	−642 000
Tax	−714 000	−360 000	435 000	−135 000
Net Income	−2 387 000	−688 000	7 105 000	−507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 761 000	5 111 000	4 423 000	3 256 000
Total Current Assets	21 528 000	24 454 000	24 072 000	18 164 000
Total Assets	27 289 000	29 565 000	28 495 000	21 420 000
Total Retained Equity	12 195 000	14 583 000	15 271 000	11 666 000
Total Equity	12 295 000	14 683 000	15 371 000	11 766 000
Total Long-Term Debt	780 000	2 002 000	2 134 000	2 324 000
Total Current Debt	14 213 000	12 881 000	10 990 000	7 330 000
Total Equity and Debt	27 289 000	29 565 000	28 495 000	21 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 490 000	82 814 000	80 426 000	39 015 000
Other Income	38 000	0	4 000	0
Revenue	71 528 000	82 814 000	80 430 000	39 015 000
Cost of Goods Sold	38 145 000	50 003 000	49 024 000	13 794 000
Salary Costs	28 386 000	27 186 000	23 104 000	21 117 000
Depreciation	535 000	568 000	384 000	281 000
Impairment	0	0	0	0
Expenditure	74 791 000	84 473 000	78 729 000	39 740 000
Operating Profit	−3 263 000	−1 659 000	1 701 000	−725 000
Financial Income	284 000	710 000	5 867 000	103 000
Financial Costs	122 000	99 000	28 000	20 000
Financial Balance	162 000	611 000	5 839 000	83 000
Dividends	0	0	3 500 000	0
Net Income	−2 387 000	−688 000	7 105 000	−507 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 715 000	1 001 000	641 000	865 000
Real Eastate	30 000	35 000	40 000	45 000
Machinery and Plant Facilities	453 000	535 000	486 000	175 000
Fixtures	854 000	1 107 000	1 134 000	719 000
Total Tangible Assets	1 337 000	1 677 000	1 660 000	940 000
Total Fiancial Fixed Assets	2 708 000	2 433 000	2 122 000	1 451 000
Total Fixed Assets	5 761 000	5 111 000	4 423 000	3 256 000
Stock	6 185 000	4 970 000	3 880 000	2 696 000
Total Investments	0	0	0	0
Cash, Bank	3 986 000	3 810 000	4 245 000	6 541 000
Total Current Assets	21 528 000	24 454 000	24 072 000	18 164 000
Total Assets	27 289 000	29 565 000	28 495 000	21 420 000
Total Equity	12 295 000	14 683 000	15 371 000	11 766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	780 000	2 002 000	2 134 000	2 324 000
Creditors	3 684 000	4 847 000	2 498 000	1 588 000
Unpaid Taxes	2 445 000	4 111 000	1 918 000	3 333 000
Dividends	0	0	3 500 000	0
Other Current Debt	8 084 000	3 923 000	6 364 000	2 409 000
Total Current Debt	14 213 000	12 881 000	10 990 000	7 330 000
Total Equity and Debt	27 289 000	29 565 000	28 495 000	21 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,41 %	−4,69 %	46,22 %	−4,31 %
Debt-to-Equity Ratio	0,06	0,14	0,14	0,2
Operating Profit Margin	−4,56 %	−2 %	2,11 %	−1,86 %
Current Ratio	1,51	1,9	2,19	2,48
Quick Ratio	2,68	3,09	3,39	3,92
Equity Ratio	0,45	0,5	0,54	0,55
Gross Profit Margin	46,67 %	39,62 %	39,05 %	64,64 %