ULVIK & WESTGAARD KLIMAENTREPRENØR AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

−14,01 %

Current Ratio

0,24

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 731 000	2 571 000	4 847 000	15 853 000
Net Income	964 000	−408 000	−7 453 000	−683 000
Total Assets	2 175 000	1 889 000	4 185 000	8 377 000
Total Equity	−6 880 000	−7 844 000	−7 436 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 731 000	2 571 000	4 847 000	15 853 000
Expenditure	9 679 000	2 947 000	12 103 000	16 168 000
Operating Profit	1 051 000	−375 000	−7 256 000	−315 000
Financial Income	0	0	0	1 000
Financial Costs	88 000	33 000	198 000	370 000
Financial Balance	−88 000	−33 000	−198 000	−369 000
Earnings Before Tax	964 000	−408 000	−7 453 000	−683 000
Tax	0	0	0	0
Net Income	964 000	−408 000	−7 453 000	−683 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	69 000	255 000	723 000
Total Current Assets	2 175 000	1 820 000	3 930 000	7 654 000
Total Assets	2 175 000	1 889 000	4 185 000	8 377 000
Total Retained Equity	−6 980 000	−7 944 000	−7 536 000	−83 000
Total Equity	−6 880 000	−7 844 000	−7 436 000	17 000
Total Long-Term Debt	0	0	288 000	433 000
Total Current Debt	9 055 000	9 733 000	11 333 000	7 927 000
Total Equity and Debt	2 175 000	1 889 000	4 185 000	8 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 731 000	2 571 000	4 847 000	15 853 000
Other Income	0	0	0	0
Revenue	10 731 000	2 571 000	4 847 000	15 853 000
Cost of Goods Sold	7 950 000	1 832 000	7 006 000	9 294 000
Salary Costs	997 000	358 000	2 212 000	3 584 000
Depreciation	69 000	187 000	198 000	198 000
Impairment	0	0	0	0
Expenditure	9 679 000	2 947 000	12 103 000	16 168 000
Operating Profit	1 051 000	−375 000	−7 256 000	−315 000
Financial Income	0	0	0	1 000
Financial Costs	88 000	33 000	198 000	370 000
Financial Balance	−88 000	−33 000	−198 000	−369 000
Dividends	0	0	0	0
Net Income	964 000	−408 000	−7 453 000	−683 000

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	69 000	255 000	454 000
Total Tangible Assets	0	69 000	255 000	454 000
Total Fiancial Fixed Assets	0	0	0	269 000
Total Fixed Assets	0	69 000	255 000	723 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	291 000	79 000	154 000	891 000
Total Current Assets	2 175 000	1 820 000	3 930 000	7 654 000
Total Assets	2 175 000	1 889 000	4 185 000	8 377 000
Total Equity	−6 880 000	−7 844 000	−7 436 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	288 000	433 000
Creditors	7 569 000	8 300 000	8 628 000	5 446 000
Unpaid Taxes	277 000	86 000	711 000	935 000
Dividends	0	0	0	0
Other Current Debt	1 209 000	1 347 000	1 994 000	1 546 000
Total Current Debt	9 055 000	9 733 000	11 333 000	7 927 000
Total Equity and Debt	2 175 000	1 889 000	4 185 000	8 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,01 %	5,2 %	100,23 %	−4 017,65 %
Debt-to-Equity Ratio	−0	−0	−0,04	25,47
Operating Profit Margin	9,79 %	−14,59 %	−149,7 %	−1,99 %
Current Ratio	0,24	0,19	0,35	0,97
Quick Ratio	0,24	0,19	0,35	0,97
Equity Ratio	−3,16	−4,15	−1,78	0
Gross Profit Margin	25,92 %	28,74 %	−44,54 %	41,37 %