ULMATEC HANDLING SYSTEMS AS

6060 HAREID

Finances

Share Ownership

Return on Equity

14,01 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	187 713 000	156 304 000	96 907 000	119 813 000
Net Income	11 695 000	9 424 000	3 292 000	3 836 000
Total Assets	157 182 000	88 130 000	83 139 000	68 933 000
Total Equity	83 461 000	38 548 000	29 124 000	25 832 000

Income (NOK)	2022	2021	2020	2019
Revenue	187 713 000	156 304 000	96 907 000	119 813 000
Expenditure	173 784 000	145 323 000	93 025 000	115 541 000
Operating Profit	13 928 000	10 982 000	3 882 000	4 273 000
Financial Income	1 108 000	1 048 000	597 000	741 000
Financial Costs	764 000	774 000	921 000	791 000
Financial Balance	344 000	274 000	−324 000	−50 000
Earnings Before Tax	14 272 000	11 256 000	3 558 000	4 223 000
Tax	2 576 000	1 832 000	266 000	386 000
Net Income	11 695 000	9 424 000	3 292 000	3 836 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 573 000	16 190 000	17 393 000	16 579 000
Total Current Assets	120 609 000	71 941 000	65 746 000	52 353 000
Total Assets	157 182 000	88 130 000	83 139 000	68 933 000
Total Retained Equity	38 857 000	24 547 000	15 123 000	11 832 000
Total Equity	83 461 000	38 548 000	29 124 000	25 832 000
Total Long-Term Debt	14 000 000	4 000 000	4 000 000	5 094 000
Total Current Debt	59 721 000	45 582 000	50 015 000	38 006 000
Total Equity and Debt	157 182 000	88 130 000	83 139 000	68 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 833 000	154 802 000	95 849 000	119 237 000
Other Income	4 879 000	1 502 000	1 058 000	577 000
Revenue	187 713 000	156 304 000	96 907 000	119 813 000
Cost of Goods Sold	100 429 000	99 468 000	56 083 000	75 816 000
Salary Costs	45 129 000	30 418 000	24 219 000	24 700 000
Depreciation	2 012 000	1 832 000	1 689 000	1 678 000
Impairment	0	0	0	0
Expenditure	173 784 000	145 323 000	93 025 000	115 541 000
Operating Profit	13 928 000	10 982 000	3 882 000	4 273 000
Financial Income	1 108 000	1 048 000	597 000	741 000
Financial Costs	764 000	774 000	921 000	791 000
Financial Balance	344 000	274 000	−324 000	−50 000
Dividends	0	0	0	0
Net Income	11 695 000	9 424 000	3 292 000	3 836 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 770 000	11 038 000	14 039 000	13 369 000
Real Eastate	7 902 000	3 251 000	1 429 000	363 000
Machinery and Plant Facilities	3 442 000	253 000	337 000	421 000
Fixtures	154 000	823 000	1 224 000	1 745 000
Total Tangible Assets	11 498 000	4 327 000	2 990 000	2 529 000
Total Fiancial Fixed Assets	2 306 000	825 000	364 000	681 000
Total Fixed Assets	36 573 000	16 190 000	17 393 000	16 579 000
Stock	15 848 000	1 266 000	1 719 000	2 012 000
Total Investments	0	0	0	0
Cash, Bank	13 823 000	10 531 000	1 356 000	1 273 000
Total Current Assets	120 609 000	71 941 000	65 746 000	52 353 000
Total Assets	157 182 000	88 130 000	83 139 000	68 933 000
Total Equity	83 461 000	38 548 000	29 124 000	25 832 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000 000	4 000 000	4 000 000	5 094 000
Creditors	17 661 000	19 455 000	8 901 000	13 033 000
Unpaid Taxes	4 029 000	1 045 000	5 977 000	1 828 000
Dividends	0	0	0	0
Other Current Debt	38 032 000	25 082 000	25 731 000	20 186 000
Total Current Debt	59 721 000	45 582 000	50 015 000	38 006 000
Total Equity and Debt	157 182 000	88 130 000	83 139 000	68 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,01 %	24,45 %	11,3 %	14,85 %
Debt-to-Equity Ratio	0,17	0,1	0,14	0,2
Operating Profit Margin	7,42 %	7,03 %	4,01 %	3,57 %
Current Ratio	2,02	1,58	1,31	1,38
Quick Ratio	2,75	1,62	1,36	1,45
Equity Ratio	0,53	0,44	0,35	0,37
Gross Profit Margin	46,5 %	36,36 %	42,13 %	36,72 %