ULSTEINVIK EIENDOM AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−4,72 %

Current Ratio

33,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	277 000	331 000	342 000	459 000
Net Income	−549 000	−452 000	−516 000	1 964 000
Total Assets	11 715 000	11 859 000	12 390 000	25 699 000
Total Equity	11 628 000	11 820 000	11 999 000	25 637 000

Income (NOK)	2022	2021	2020	2019
Revenue	277 000	331 000	342 000	459 000
Expenditure	971 000	867 000	1 214 000	−1 340 000
Operating Profit	−694 000	−535 000	−871 000	1 798 000
Financial Income	44 000	9 000	41 000	165 000
Financial Costs	0	2 000	0	0
Financial Balance	44 000	7 000	41 000	165 000
Earnings Before Tax	−650 000	−529 000	−831 000	1 964 000
Tax	−101 000	−77 000	−315 000	0
Net Income	−549 000	−452 000	−516 000	1 964 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 807 000	9 459 000	10 244 000	11 000 000
Total Current Assets	2 909 000	2 400 000	2 146 000	14 699 000
Total Assets	11 715 000	11 859 000	12 390 000	25 699 000
Total Retained Equity	0	−968 000	−516 000	−2 263 000
Total Equity	11 628 000	11 820 000	11 999 000	25 637 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	88 000	40 000	391 000	62 000
Total Equity and Debt	11 715 000	11 859 000	12 390 000	25 699 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	459 000
Other Income	277 000	331 000	342 000	0
Revenue	277 000	331 000	342 000	459 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	787 000	785 000	784 000	680 000
Impairment	0	0	0	−2 580 000
Expenditure	971 000	867 000	1 214 000	−1 340 000
Operating Profit	−694 000	−535 000	−871 000	1 798 000
Financial Income	44 000	9 000	41 000	165 000
Financial Costs	0	2 000	0	0
Financial Balance	44 000	7 000	41 000	165 000
Dividends	0	0	0	0
Net Income	−549 000	−452 000	−516 000	1 964 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 807 000	9 459 000	10 244 000	11 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 807 000	9 459 000	10 244 000	11 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 807 000	9 459 000	10 244 000	11 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	2 049 000	306 000	0
Total Current Assets	2 909 000	2 400 000	2 146 000	14 699 000
Total Assets	11 715 000	11 859 000	12 390 000	25 699 000
Total Equity	11 628 000	11 820 000	11 999 000	25 637 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	13 000	4 000	14 000
Unpaid Taxes	0	0	81 000	0
Dividends	0	0	0	0
Other Current Debt	88 000	27 000	306 000	49 000
Total Current Debt	88 000	40 000	391 000	62 000
Total Equity and Debt	11 715 000	11 859 000	12 390 000	25 699 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,72 %	−3,82 %	−4,3 %	7,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−250,54 %	−161,63 %	−254,68 %	391,72 %
Current Ratio	33,06	60	5,49	237,08
Quick Ratio	33,06	60	5,49	237,08
Equity Ratio	0,99	1	0,97	1
Gross Profit Margin	100 %	100 %	100 %	100 %