ULSTEIN TECHNOLOGY AS

6065 ULSTEINVIK

Finances

Return on Equity

12,26 %

Current Ratio

43,99

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	150 000	150 000	150 000
Net Income	215 000	225 000	227 000	85 000
Total Assets	3 431 000	3 422 000	3 488 000	3 428 000
Total Equity	1 753 000	1 538 000	1 314 000	1 087 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	150 000	150 000	150 000
Expenditure	28 000	23 000	14 000	23 000
Operating Profit	122 000	127 000	136 000	127 000
Financial Income	165 000	150 000	158 000	53 000
Financial Costs	72 000	52 000	67 000	95 000
Financial Balance	93 000	98 000	91 000	−42 000
Earnings Before Tax	215 000	225 000	227 000	85 000
Tax	0	0	0	0
Net Income	215 000	225 000	227 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 431 000	3 422 000	3 488 000	3 428 000
Total Assets	3 431 000	3 422 000	3 488 000	3 428 000
Total Retained Equity	1 653 000	1 438 000	1 214 000	987 000
Total Equity	1 753 000	1 538 000	1 314 000	1 087 000
Total Long-Term Debt	1 600 000	1 800 000	2 100 000	2 172 000
Total Current Debt	78 000	84 000	75 000	168 000
Total Equity and Debt	3 431 000	3 422 000	3 488 000	3 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 000	150 000	150 000	150 000
Other Income	0	0	0	0
Revenue	150 000	150 000	150 000	150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	23 000	14 000	23 000
Operating Profit	122 000	127 000	136 000	127 000
Financial Income	165 000	150 000	158 000	53 000
Financial Costs	72 000	52 000	67 000	95 000
Financial Balance	93 000	98 000	91 000	−42 000
Dividends	0	0	0	0
Net Income	215 000	225 000	227 000	85 000

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	3 420 000	3 420 000	3 420 000	3 420 000
Cash, Bank	11 000	2 000	68 000	8 000
Total Current Assets	3 431 000	3 422 000	3 488 000	3 428 000
Total Assets	3 431 000	3 422 000	3 488 000	3 428 000
Total Equity	1 753 000	1 538 000	1 314 000	1 087 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 600 000	1 800 000	2 100 000	2 172 000
Creditors	44 000	49 000	37 000	80 000
Unpaid Taxes	31 000	32 000	36 000	35 000
Dividends	0	0	0	0
Other Current Debt	4 000	2 000	2 000	54 000
Total Current Debt	78 000	84 000	75 000	168 000
Total Equity and Debt	3 431 000	3 422 000	3 488 000	3 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,26 %	14,63 %	17,28 %	7,82 %
Debt-to-Equity Ratio	0,91	1,17	1,6	2
Operating Profit Margin	81,33 %	84,67 %	90,67 %	84,67 %
Current Ratio	43,99	40,74	46,51	20,4
Quick Ratio	43,99	40,74	46,51	20,4
Equity Ratio	0,51	0,45	0,38	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %