ULSTEIN ELEKTRO INSTALLASJON AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−53,72 %

Current Ratio

0,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 906 000	110 261 000	142 494 000	188 021 000
Net Income	−4 611 000	352 000	−13 539 000	−51 289 000
Total Assets	27 998 000	34 678 000	59 795 000	90 530 000
Total Equity	8 583 000	13 194 000	10 891 000	6 430 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 906 000	110 261 000	142 494 000	188 021 000
Expenditure	25 441 000	109 406 000	158 843 000	253 651 000
Operating Profit	−5 534 000	855 000	−16 350 000	−65 630 000
Financial Income	9 000	6 000	17 000	152 000
Financial Costs	371 000	409 000	1 022 000	268 000
Financial Balance	−362 000	−403 000	−1 005 000	−116 000
Earnings Before Tax	−5 896 000	452 000	−17 355 000	−65 746 000
Tax	−1 286 000	99 000	−3 816 000	−14 457 000
Net Income	−4 611 000	352 000	−13 539 000	−51 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 307 000	17 170 000	17 949 000	14 032 000
Total Current Assets	9 691 000	17 508 000	41 846 000	76 498 000
Total Assets	27 998 000	34 678 000	59 795 000	90 530 000
Total Retained Equity	0	352 000	0	434 000
Total Equity	8 583 000	13 194 000	10 891 000	6 430 000
Total Long-Term Debt	0	0	0	10 000
Total Current Debt	19 414 000	21 484 000	48 903 000	84 089 000
Total Equity and Debt	27 998 000	34 678 000	59 795 000	90 530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 906 000	110 261 000	142 494 000	188 021 000
Other Income	0	0	0	0
Revenue	19 906 000	110 261 000	142 494 000	188 021 000
Cost of Goods Sold	695 000	61 246 000	106 910 000	184 188 000
Salary Costs	18 853 000	42 503 000	44 321 000	62 675 000
Depreciation	149 000	155 000	126 000	109 000
Impairment	0	0	0	0
Expenditure	25 441 000	109 406 000	158 843 000	253 651 000
Operating Profit	−5 534 000	855 000	−16 350 000	−65 630 000
Financial Income	9 000	6 000	17 000	152 000
Financial Costs	371 000	409 000	1 022 000	268 000
Financial Balance	−362 000	−403 000	−1 005 000	−116 000
Dividends	0	0	0	0
Net Income	−4 611 000	352 000	−13 539 000	−51 289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 058 000	16 857 000	17 564 000	13 569 000
Real Eastate	90 000	111 000	136 000	162 000
Machinery and Plant Facilities	140 000	165 000	193 000	228 000
Fixtures	19 000	37 000	56 000	74 000
Total Tangible Assets	249 000	314 000	385 000	463 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 307 000	17 170 000	17 949 000	14 032 000
Stock	6 185 000	6 427 000	9 383 000	10 106 000
Total Investments	0	0	0	0
Cash, Bank	624 000	1 158 000	2 004 000	2 699 000
Total Current Assets	9 691 000	17 508 000	41 846 000	76 498 000
Total Assets	27 998 000	34 678 000	59 795 000	90 530 000
Total Equity	8 583 000	13 194 000	10 891 000	6 430 000
Short-Term Group Debt	15 286 000	11 104 000	12 548 000	30 152 000
Total Long-Term Debt	0	0	0	10 000
Creditors	314 000	408 000	10 967 000	15 902 000
Unpaid Taxes	1 188 000	2 303 000	4 322 000	5 363 000
Dividends	0	0	0	0
Other Current Debt	2 626 000	7 669 000	21 067 000	32 673 000
Total Current Debt	19 414 000	21 484 000	48 903 000	84 089 000
Total Equity and Debt	27 998 000	34 678 000	59 795 000	90 530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,72 %	2,67 %	−124,31 %	−797,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−27,8 %	0,78 %	−11,47 %	−34,91 %
Current Ratio	0,5	0,81	0,86	0,91
Quick Ratio	0,73	1,16	1,06	1,03
Equity Ratio	0,31	0,38	0,18	0,07
Gross Profit Margin	96,51 %	44,45 %	24,97 %	2,04 %