BRØDRENE ULVESETH AS

5179 GODVIK

Finances

Return on Equity

9,69 %

Current Ratio

2,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	608 284 000	589 387 000	612 614 000	457 012 000
Net Income	20 702 000	31 908 000	16 286 000	20 994 000
Total Assets	323 005 000	336 207 000	307 590 000	276 821 000
Total Equity	213 714 000	201 012 000	176 104 000	164 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	608 284 000	589 387 000	612 614 000	457 012 000
Expenditure	608 338 000	567 219 000	592 266 000	431 242 000
Operating Profit	−55 000	22 168 000	20 348 000	25 769 000
Financial Income	21 121 000	25 435 000	687 000	1 345 000
Financial Costs	56 000	99 000	61 000	66 000
Financial Balance	21 065 000	25 336 000	626 000	1 279 000
Earnings Before Tax	21 010 000	47 504 000	20 973 000	27 048 000
Tax	308 000	15 596 000	4 687 000	6 054 000
Net Income	20 702 000	31 908 000	16 286 000	20 994 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 382 000	102 591 000	139 443 000	136 263 000
Total Current Assets	235 623 000	233 616 000	168 147 000	140 558 000
Total Assets	323 005 000	336 207 000	307 590 000	276 821 000
Total Retained Equity	203 888 000	191 186 000	166 278 000	154 992 000
Total Equity	213 714 000	201 012 000	176 104 000	164 818 000
Total Long-Term Debt	0	12 630 000	0	0
Total Current Debt	109 291 000	122 566 000	131 486 000	112 003 000
Total Equity and Debt	323 005 000	336 207 000	307 590 000	276 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	607 945 000	588 009 000	611 667 000	457 012 000
Other Income	338 000	1 378 000	946 000	0
Revenue	608 284 000	589 387 000	612 614 000	457 012 000
Cost of Goods Sold	481 997 000	445 948 000	481 735 000	320 050 000
Salary Costs	102 036 000	97 216 000	88 782 000	86 862 000
Depreciation	6 870 000	8 129 000	8 055 000	7 318 000
Impairment	0	0	0	0
Expenditure	608 338 000	567 219 000	592 266 000	431 242 000
Operating Profit	−55 000	22 168 000	20 348 000	25 769 000
Financial Income	21 121 000	25 435 000	687 000	1 345 000
Financial Costs	56 000	99 000	61 000	66 000
Financial Balance	21 065 000	25 336 000	626 000	1 279 000
Dividends	8 000 000	7 000 000	5 000 000	5 000 000
Net Income	20 702 000	31 908 000	16 286 000	20 994 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 540 000	0	2 966 000	1 346 000
Real Eastate	38 376 000	38 438 000	38 527 000	38 405 000
Machinery and Plant Facilities	17 948 000	26 059 000	17 230 000	20 496 000
Fixtures	0	0	0	0
Total Tangible Assets	60 979 000	64 497 000	63 089 000	64 280 000
Total Fiancial Fixed Assets	24 863 000	38 095 000	73 388 000	70 637 000
Total Fixed Assets	87 382 000	102 591 000	139 443 000	136 263 000
Stock	1 262 000	802 000	640 000	722 000
Total Investments	0	0	0	0
Cash, Bank	24 312 000	55 084 000	5 991 000	28 153 000
Total Current Assets	235 623 000	233 616 000	168 147 000	140 558 000
Total Assets	323 005 000	336 207 000	307 590 000	276 821 000
Total Equity	213 714 000	201 012 000	176 104 000	164 818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	12 630 000	0	0
Creditors	61 824 000	64 242 000	65 286 000	52 859 000
Unpaid Taxes	13 560 000	18 350 000	11 159 000	11 190 000
Dividends	8 000 000	7 000 000	5 000 000	5 000 000
Other Current Debt	11 429 000	32 974 000	44 392 000	40 515 000
Total Current Debt	109 291 000	122 566 000	131 486 000	112 003 000
Total Equity and Debt	323 005 000	336 207 000	307 590 000	276 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,69 %	15,87 %	9,25 %	12,74 %
Debt-to-Equity Ratio	0	0,06	0	0
Operating Profit Margin	−0,01 %	3,76 %	3,32 %	5,64 %
Current Ratio	2,16	1,91	1,28	1,25
Quick Ratio	2,18	1,92	1,29	1,26
Equity Ratio	0,66	0,6	0,57	0,6
Gross Profit Margin	20,76 %	24,34 %	21,36 %	29,97 %