ULVASAND EIGEDOM AS

5781 LOFTHUS

Finances

Share Ownership

Return on Equity

88,56 %

Current Ratio

1,87

Debt-to-Equity Ratio

3,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 504 000	3 776 000	2 750 000	1 134 000
Net Income	1 393 000	866 000	877 000	295 000
Total Assets	8 027 000	10 591 000	10 397 000	11 256 000
Total Equity	1 573 000	179 000	3 414 000	2 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 504 000	3 776 000	2 750 000	1 134 000
Expenditure	827 000	2 103 000	1 280 000	434 000
Operating Profit	2 227 000	1 673 000	1 470 000	700 000
Financial Income	10 000	6 000	1 000	0
Financial Costs	451 000	570 000	347 000	324 000
Financial Balance	−441 000	−564 000	−346 000	−324 000
Earnings Before Tax	1 785 000	1 109 000	1 123 000	377 000
Tax	392 000	243 000	246 000	81 000
Net Income	1 393 000	866 000	877 000	295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 180 000	0	0	0
Total Current Assets	847 000	10 591 000	10 397 000	11 256 000
Total Assets	8 027 000	10 591 000	10 397 000	11 256 000
Total Retained Equity	1 423 000	29 000	3 264 000	2 726 000
Total Equity	1 573 000	179 000	3 414 000	2 876 000
Total Long-Term Debt	6 000 000	5 400 000	6 600 000	8 130 000
Total Current Debt	454 000	5 012 000	384 000	250 000
Total Equity and Debt	8 027 000	10 591 000	10 397 000	11 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 535 000	2 750 000	1 600 000	0
Other Income	969 000	1 026 000	1 150 000	1 134 000
Revenue	4 504 000	3 776 000	2 750 000	1 134 000
Cost of Goods Sold	0	1 275 000	790 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	827 000	2 103 000	1 280 000	434 000
Operating Profit	2 227 000	1 673 000	1 470 000	700 000
Financial Income	10 000	6 000	1 000	0
Financial Costs	451 000	570 000	347 000	324 000
Financial Balance	−441 000	−564 000	−346 000	−324 000
Dividends	0	4 100 000	0	0
Net Income	1 393 000	866 000	877 000	295 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 180 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 180 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 180 000	0	0	0
Stock	0	8 630 000	9 905 000	10 695 000
Total Investments	0	0	0	0
Cash, Bank	444 000	1 347 000	472 000	540 000
Total Current Assets	847 000	10 591 000	10 397 000	11 256 000
Total Assets	8 027 000	10 591 000	10 397 000	11 256 000
Total Equity	1 573 000	179 000	3 414 000	2 876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000 000	5 400 000	6 600 000	8 130 000
Creditors	4 000	609 000	40 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	4 100 000	0	0
Other Current Debt	58 000	60 000	98 000	156 000
Total Current Debt	454 000	5 012 000	384 000	250 000
Total Equity and Debt	8 027 000	10 591 000	10 397 000	11 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,56 %	483,8 %	25,69 %	10,26 %
Debt-to-Equity Ratio	3,81	30,17	1,93	2,83
Operating Profit Margin	49,44 %	44,31 %	53,45 %	61,73 %
Current Ratio	1,87	2,11	27,08	45,02
Quick Ratio	1,87	−2,93	−1,09	−1,08
Equity Ratio	0,2	0,02	0,33	0,26
Gross Profit Margin	100 %	66,23 %	71,27 %	100 %