ULLANDHAUG ENERGI AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

66,7 %

Current Ratio

1,84

Debt-to-Equity Ratio

1,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 936 000	15 200 000	10 507 000	12 208 000
Net Income	8 189 000	4 577 000	2 698 000	3 390 000
Total Assets	40 825 000	40 015 000	40 980 000	45 111 000
Total Equity	12 277 000	10 088 000	11 510 000	13 813 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 936 000	15 200 000	10 507 000	12 208 000
Expenditure	11 084 000	8 983 000	6 581 000	7 288 000
Operating Profit	10 852 000	6 218 000	3 926 000	4 920 000
Financial Income	244 000	55 000	89 000	182 000
Financial Costs	596 000	404 000	557 000	756 000
Financial Balance	−352 000	−349 000	−468 000	−574 000
Earnings Before Tax	10 499 000	5 868 000	3 459 000	4 347 000
Tax	2 310 000	1 291 000	761 000	956 000
Net Income	8 189 000	4 577 000	2 698 000	3 390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 085 000	23 399 000	25 530 000	28 469 000
Total Current Assets	20 740 000	16 616 000	15 449 000	16 642 000
Total Assets	40 825 000	40 015 000	40 980 000	45 111 000
Total Retained Equity	2 776 000	587 000	2 010 000	4 312 000
Total Equity	12 277 000	10 088 000	11 510 000	13 813 000
Total Long-Term Debt	17 285 000	19 743 000	22 177 000	24 555 000
Total Current Debt	11 264 000	10 185 000	7 292 000	6 744 000
Total Equity and Debt	40 825 000	40 015 000	40 980 000	45 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 898 000	15 164 000	10 471 000	12 173 000
Other Income	38 000	36 000	36 000	35 000
Revenue	21 936 000	15 200 000	10 507 000	12 208 000
Cost of Goods Sold	5 536 000	3 246 000	1 142 000	1 678 000
Salary Costs	0	0	0	0
Depreciation	3 567 000	3 468 000	3 437 000	3 405 000
Impairment	0	0	0	0
Expenditure	11 084 000	8 983 000	6 581 000	7 288 000
Operating Profit	10 852 000	6 218 000	3 926 000	4 920 000
Financial Income	244 000	55 000	89 000	182 000
Financial Costs	596 000	404 000	557 000	756 000
Financial Balance	−352 000	−349 000	−468 000	−574 000
Dividends	6 000 000	6 000 000	5 000 000	4 000 000
Net Income	8 189 000	4 577 000	2 698 000	3 390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 085 000	23 399 000	25 530 000	28 469 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 085 000	23 399 000	25 530 000	28 469 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 085 000	23 399 000	25 530 000	28 469 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 107 000	13 596 000	13 372 000	14 126 000
Total Current Assets	20 740 000	16 616 000	15 449 000	16 642 000
Total Assets	40 825 000	40 015 000	40 980 000	45 111 000
Total Equity	12 277 000	10 088 000	11 510 000	13 813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 285 000	19 743 000	22 177 000	24 555 000
Creditors	249 000	1 204 000	668 000	760 000
Unpaid Taxes	1 247 000	628 000	341 000	407 000
Dividends	6 000 000	6 000 000	5 000 000	4 000 000
Other Current Debt	1 124 000	752 000	268 000	422 000
Total Current Debt	11 264 000	10 185 000	7 292 000	6 744 000
Total Equity and Debt	40 825 000	40 015 000	40 980 000	45 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,7 %	45,37 %	23,44 %	24,54 %
Debt-to-Equity Ratio	1,41	1,96	1,93	1,78
Operating Profit Margin	49,47 %	40,91 %	37,37 %	40,3 %
Current Ratio	1,84	1,63	2,12	2,47
Quick Ratio	1,84	1,63	2,12	2,47
Equity Ratio	0,3	0,25	0,28	0,31
Gross Profit Margin	74,76 %	78,64 %	89,13 %	86,25 %