ULSTEIN KULTUR- OG KONFERANSESENTER AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−1,38 %

Current Ratio

3,27

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 311 000	1 350 000	1 350 000	1 308 000
Net Income	−349 000	−1 421 000	−272 000	−272 000
Total Assets	35 149 000	30 792 000	32 050 000	32 016 000
Total Equity	25 341 000	21 690 000	23 111 000	23 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 311 000	1 350 000	1 350 000	1 308 000
Expenditure	1 680 000	1 699 000	1 700 000	1 662 000
Operating Profit	−369 000	−349 000	−350 000	−354 000
Financial Income	21 000	0	2 000	6 000
Financial Costs	1 000	0	1 000	0
Financial Balance	20 000	0	1 000	6 000
Earnings Before Tax	−349 000	−349 000	−349 000	−349 000
Tax	0	1 072 000	−77 000	−77 000
Net Income	−349 000	−1 421 000	−272 000	−272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 241 000	29 590 000	31 011 000	31 284 000
Total Current Assets	5 908 000	1 202 000	1 039 000	733 000
Total Assets	35 149 000	30 792 000	32 050 000	32 016 000
Total Retained Equity	3 341 000	3 690 000	5 111 000	5 384 000
Total Equity	25 341 000	21 690 000	23 111 000	23 384 000
Total Long-Term Debt	8 000 000	8 000 000	8 000 000	8 000 000
Total Current Debt	1 808 000	1 102 000	939 000	633 000
Total Equity and Debt	35 149 000	30 792 000	32 050 000	32 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 311 000	1 350 000	1 350 000	1 308 000
Other Income	0	0	0	0
Revenue	1 311 000	1 350 000	1 350 000	1 308 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	11 000	11 000	11 000
Depreciation	349 000	349 000	349 000	349 000
Impairment	0	0	0	0
Expenditure	1 680 000	1 699 000	1 700 000	1 662 000
Operating Profit	−369 000	−349 000	−350 000	−354 000
Financial Income	21 000	0	2 000	6 000
Financial Costs	1 000	0	1 000	0
Financial Balance	20 000	0	1 000	6 000
Dividends	0	0	0	0
Net Income	−349 000	−1 421 000	−272 000	−272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 072 000	996 000
Real Eastate	29 241 000	29 590 000	29 939 000	30 288 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	29 241 000	29 590 000	29 939 000	30 288 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 241 000	29 590 000	31 011 000	31 284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 908 000	867 000	1 033 000	733 000
Total Current Assets	5 908 000	1 202 000	1 039 000	733 000
Total Assets	35 149 000	30 792 000	32 050 000	32 016 000
Total Equity	25 341 000	21 690 000	23 111 000	23 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000 000	8 000 000	8 000 000	8 000 000
Creditors	26 000	141 000	23 000	37 000
Unpaid Taxes	62 000	80 000	88 000	49 000
Dividends	0	0	0	0
Other Current Debt	1 720 000	882 000	828 000	546 000
Total Current Debt	1 808 000	1 102 000	939 000	633 000
Total Equity and Debt	35 149 000	30 792 000	32 050 000	32 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,38 %	−6,55 %	−1,18 %	−1,16 %
Debt-to-Equity Ratio	0,32	0,37	0,35	0,34
Operating Profit Margin	−28,15 %	−25,85 %	−25,93 %	−27,06 %
Current Ratio	3,27	1,09	1,11	1,16
Quick Ratio	3,27	1,09	1,11	1,16
Equity Ratio	0,72	0,7	0,72	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %