ULVEST AS

6007 ÅLESUND

Finances

Return on Equity

7,34 %

Current Ratio

13,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 614 000	795 000	1 223 000	40 000
Net Income	1 482 000	1 403 000	−2 741 000	4 892 000
Total Assets	21 692 000	21 662 000	22 701 000	28 883 000
Total Equity	20 187 000	20 145 000	20 182 000	26 763 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 614 000	795 000	1 223 000	40 000
Expenditure	486 000	593 000	396 000	283 000
Operating Profit	1 127 000	203 000	827 000	−243 000
Financial Income	355 000	1 139 000	281 000	5 422 000
Financial Costs	0	−62 000	207 000	287 000
Financial Balance	355 000	1 201 000	74 000	5 135 000
Earnings Before Tax	1 482 000	1 403 000	901 000	4 892 000
Tax	0	0	0	0
Net Income	1 482 000	1 403 000	−2 741 000	4 892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	894 000	894 000	1 556 000	1 677 000
Total Current Assets	20 798 000	20 768 000	21 144 000	27 206 000
Total Assets	21 692 000	21 662 000	22 701 000	28 883 000
Total Retained Equity	18 346 000	18 304 000	18 341 000	24 922 000
Total Equity	20 187 000	20 145 000	20 182 000	26 763 000
Total Long-Term Debt	0	0	0	2 042 000
Total Current Debt	1 505 000	1 517 000	2 519 000	78 000
Total Equity and Debt	21 692 000	21 662 000	22 701 000	28 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 614 000	795 000	1 223 000	40 000
Revenue	1 614 000	795 000	1 223 000	40 000
Cost of Goods Sold	0	0	0	0
Salary Costs	137 000	137 000	28 000	66 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	486 000	593 000	396 000	283 000
Operating Profit	1 127 000	203 000	827 000	−243 000
Financial Income	355 000	1 139 000	281 000	5 422 000
Financial Costs	0	−62 000	207 000	287 000
Financial Balance	355 000	1 201 000	74 000	5 135 000
Dividends	1 440 000	1 440 000	3 840 000	0
Net Income	1 482 000	1 403 000	−2 741 000	4 892 000

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	894 000	894 000	1 556 000	1 677 000
Total Fixed Assets	894 000	894 000	1 556 000	1 677 000
Stock	964 000	476 000	462 000	0
Total Investments	18 642 000	18 522 000	16 171 000	19 209 000
Cash, Bank	617 000	670 000	3 552 000	7 383 000
Total Current Assets	20 798 000	20 768 000	21 144 000	27 206 000
Total Assets	21 692 000	21 662 000	22 701 000	28 883 000
Total Equity	20 187 000	20 145 000	20 182 000	26 763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 042 000
Creditors	7 000	17 000	7 000	22 000
Unpaid Taxes	1 000	1 000	10 000	3 000
Dividends	1 440 000	1 440 000	3 840 000	0
Other Current Debt	57 000	60 000	101 000	53 000
Total Current Debt	1 505 000	1 517 000	2 519 000	78 000
Total Equity and Debt	21 692 000	21 662 000	22 701 000	28 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,34 %	6,96 %	−13,58 %	18,28 %
Debt-to-Equity Ratio	0	0	0	0,08
Operating Profit Margin	69,83 %	25,53 %	67,62 %	−607,5 %
Current Ratio	13,82	13,69	8,39	348,79
Quick Ratio	38,44	19,95	10,28	348,79
Equity Ratio	0,93	0,93	0,89	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %