ULVATNE AS

4307 SANDNES

Finances

Return on Equity

14,17 %

Current Ratio

214,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 211 000	1 665 000	521 000	153 000
Net Income	3 662 000	1 132 000	86 000	−118 000
Total Assets	25 973 000	31 334 000	30 119 000	30 015 000
Total Equity	25 852 000	31 151 000	30 019 000	29 933 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 211 000	1 665 000	521 000	153 000
Expenditure	567 000	541 000	450 000	276 000
Operating Profit	3 644 000	1 124 000	71 000	−123 000
Financial Income	17 000	8 000	15 000	6 000
Financial Costs	0	0	0	0
Financial Balance	17 000	8 000	15 000	6 000
Earnings Before Tax	3 662 000	1 132 000	86 000	−118 000
Tax	0	0	0	0
Net Income	3 662 000	1 132 000	86 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	25 973 000	31 334 000	30 119 000	30 015 000
Total Assets	25 973 000	31 334 000	30 119 000	30 015 000
Total Retained Equity	25 702 000	31 051 000	29 919 000	29 833 000
Total Equity	25 852 000	31 151 000	30 019 000	29 933 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	121 000	183 000	101 000	82 000
Total Equity and Debt	25 973 000	31 334 000	30 119 000	30 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	359 000	337 000	0	30 000
Other Income	3 852 000	1 328 000	521 000	123 000
Revenue	4 211 000	1 665 000	521 000	153 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	567 000	541 000	450 000	276 000
Operating Profit	3 644 000	1 124 000	71 000	−123 000
Financial Income	17 000	8 000	15 000	6 000
Financial Costs	0	0	0	0
Financial Balance	17 000	8 000	15 000	6 000
Dividends	9 000 000	0	0	0
Net Income	3 662 000	1 132 000	86 000	−118 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	23 834 000	29 131 000	28 014 000	27 960 000
Cash, Bank	2 035 000	1 889 000	2 105 000	2 025 000
Total Current Assets	25 973 000	31 334 000	30 119 000	30 015 000
Total Assets	25 973 000	31 334 000	30 119 000	30 015 000
Total Equity	25 852 000	31 151 000	30 019 000	29 933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	14 000	12 000	0
Unpaid Taxes	16 000	57 000	0	0
Dividends	9 000 000	0	0	0
Other Current Debt	92 000	111 000	89 000	82 000
Total Current Debt	121 000	183 000	101 000	82 000
Total Equity and Debt	25 973 000	31 334 000	30 119 000	30 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,17 %	3,63 %	0,29 %	−0,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	86,54 %	67,51 %	13,63 %	−80,39 %
Current Ratio	214,65	171,22	298,21	366,04
Quick Ratio	214,65	171,22	298,21	366,04
Equity Ratio	1	0,99	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %