ULV'N INVEST AS

2720 GRINDVOLL

Finances

Return on Equity

13,94 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	5 000	20 000	42 000
Net Income	103 000	−40 000	42 000	−29 000
Total Assets	878 000	983 000	680 000	634 000
Total Equity	739 000	636 000	676 000	634 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	5 000	20 000	42 000
Expenditure	32 000	47 000	59 000	108 000
Operating Profit	112 000	−42 000	−39 000	−66 000
Financial Income	16 000	2 000	80 000	37 000
Financial Costs	26 000	0	0	0
Financial Balance	−10 000	2 000	80 000	37 000
Earnings Before Tax	103 000	−40 000	42 000	−29 000
Tax	0	0	0	0
Net Income	103 000	−40 000	42 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	638 000	666 000	90 000	134 000
Total Current Assets	240 000	318 000	590 000	501 000
Total Assets	878 000	983 000	680 000	634 000
Total Retained Equity	639 000	536 000	576 000	534 000
Total Equity	739 000	636 000	676 000	634 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	140 000	347 000	3 000	0
Total Equity and Debt	878 000	983 000	680 000	634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 000	−5 000	−10 000
Other Income	144 000	0	25 000	52 000
Revenue	144 000	5 000	20 000	42 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	28 000	40 000	44 000	87 000
Impairment	0	0	0	0
Expenditure	32 000	47 000	59 000	108 000
Operating Profit	112 000	−42 000	−39 000	−66 000
Financial Income	16 000	2 000	80 000	37 000
Financial Costs	26 000	0	0	0
Financial Balance	−10 000	2 000	80 000	37 000
Dividends	0	0	0	100 000
Net Income	103 000	−40 000	42 000	−29 000

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	3 000	30 000	70 000	114 000
Total Tangible Assets	3 000	30 000	70 000	114 000
Total Fiancial Fixed Assets	635 000	635 000	20 000	20 000
Total Fixed Assets	638 000	666 000	90 000	134 000
Stock	0	0	0	0
Total Investments	125 000	125 000	125 000	50 000
Cash, Bank	64 000	30 000	13 000	33 000
Total Current Assets	240 000	318 000	590 000	501 000
Total Assets	878 000	983 000	680 000	634 000
Total Equity	739 000	636 000	676 000	634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	1 000	3 000	0
Dividends	0	0	0	100 000
Other Current Debt	140 000	346 000	0	0
Total Current Debt	140 000	347 000	3 000	0
Total Equity and Debt	878 000	983 000	680 000	634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,94 %	−6,29 %	6,21 %	−4,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	77,78 %	−840 %	−195 %	−157,14 %
Current Ratio	1,71	0,92	196,67	-
Quick Ratio	1,71	0,92	196,67	-
Equity Ratio	0,84	0,65	0,99	1
Gross Profit Margin	100 %	100 %	100 %	100 %