ULSTEIN INTERNATIONAL AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−79,46 %

Current Ratio

0,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 113 000	2 252 000	3 205 000	3 074 000
Net Income	−4 171 000	−3 772 000	−12 324 000	−4 855 000
Total Assets	52 176 000	58 025 000	51 298 000	56 003 000
Total Equity	5 249 000	7 080 000	5 002 000	16 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 113 000	2 252 000	3 205 000	3 074 000
Expenditure	5 855 000	5 690 000	8 944 000	10 283 000
Operating Profit	−3 741 000	−3 438 000	−5 740 000	−7 209 000
Financial Income	9 000	63 000	365 000	1 408 000
Financial Costs	1 648 000	1 511 000	8 451 000	743 000
Financial Balance	−1 639 000	−1 448 000	−8 086 000	665 000
Earnings Before Tax	−5 380 000	−4 886 000	−13 827 000	−6 544 000
Tax	−1 209 000	−1 114 000	−1 502 000	−1 689 000
Net Income	−4 171 000	−3 772 000	−12 324 000	−4 855 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 759 000	47 210 000	47 982 000	53 844 000
Total Current Assets	4 418 000	10 816 000	3 317 000	2 158 000
Total Assets	52 176 000	58 025 000	51 298 000	56 003 000
Total Retained Equity	−4 751 000	−2 920 000	−4 998 000	0
Total Equity	5 249 000	7 080 000	5 002 000	16 326 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	46 928 000	50 945 000	46 297 000	39 676 000
Total Equity and Debt	52 176 000	58 025 000	51 298 000	56 003 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 113 000	2 252 000	2 717 000	2 574 000
Other Income	0	0	488 000	500 000
Revenue	2 113 000	2 252 000	3 205 000	3 074 000
Cost of Goods Sold	1 000	19 000	46 000	298 000
Salary Costs	3 533 000	3 875 000	5 213 000	4 907 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 855 000	5 690 000	8 944 000	10 283 000
Operating Profit	−3 741 000	−3 438 000	−5 740 000	−7 209 000
Financial Income	9 000	63 000	365 000	1 408 000
Financial Costs	1 648 000	1 511 000	8 451 000	743 000
Financial Balance	−1 639 000	−1 448 000	−8 086 000	665 000
Dividends	0	0	0	0
Net Income	−4 171 000	−3 772 000	−12 324 000	−4 855 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 934 000	5 385 000	5 921 000	4 419 000
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	41 825 000	41 825 000	42 061 000	49 426 000
Total Fixed Assets	47 759 000	47 210 000	47 982 000	53 844 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	530 000	1 068 000	518 000	560 000
Total Current Assets	4 418 000	10 816 000	3 317 000	2 158 000
Total Assets	52 176 000	58 025 000	51 298 000	56 003 000
Total Equity	5 249 000	7 080 000	5 002 000	16 326 000
Short-Term Group Debt	45 948 000	49 458 000	44 995 000	37 737 000
Total Long-Term Debt	0	0	0	0
Creditors	70 000	128 000	5 000	612 000
Unpaid Taxes	483 000	1 070 000	530 000	614 000
Dividends	0	0	0	0
Other Current Debt	427 000	289 000	767 000	713 000
Total Current Debt	46 928 000	50 945 000	46 297 000	39 676 000
Total Equity and Debt	52 176 000	58 025 000	51 298 000	56 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,46 %	−53,28 %	−246,38 %	−29,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−177,05 %	−152,66 %	−179,1 %	−234,52 %
Current Ratio	0,09	0,21	0,07	0,05
Quick Ratio	0,09	0,21	0,07	0,05
Equity Ratio	0,1	0,12	0,1	0,29
Gross Profit Margin	99,95 %	99,16 %	98,56 %	90,31 %