CEV ULVIK AS

5225 NESTTUN

Finances

Share Ownership

Return on Equity

39 %

Current Ratio

1,57

Debt-to-Equity Ratio

6,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	964 000	934 000	915 000	878 000
Net Income	264 000	280 000	355 000	330 000
Total Assets	6 056 000	10 176 000	10 022 000	8 702 000
Total Equity	677 000	739 000	785 000	793 000

Income (NOK)	2022	2021	2020	2019
Revenue	964 000	934 000	915 000	878 000
Expenditure	399 000	421 000	374 000	353 000
Operating Profit	565 000	513 000	540 000	525 000
Financial Income	78 000	12 000	18 000	40 000
Financial Costs	304 000	165 000	102 000	141 000
Financial Balance	−226 000	−153 000	−84 000	−101 000
Earnings Before Tax	338 000	359 000	455 000	424 000
Tax	74 000	79 000	100 000	93 000
Net Income	264 000	280 000	355 000	330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 762 000	5 076 000	5 389 000	5 237 000
Total Current Assets	1 295 000	5 099 000	4 633 000	3 466 000
Total Assets	6 056 000	10 176 000	10 022 000	8 702 000
Total Retained Equity	288 000	350 000	396 000	404 000
Total Equity	677 000	739 000	785 000	793 000
Total Long-Term Debt	4 553 000	8 847 000	7 674 000	7 390 000
Total Current Debt	826 000	589 000	1 563 000	519 000
Total Equity and Debt	6 056 000	10 176 000	10 022 000	8 702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	955 000	923 000	907 000	891 000
Other Income	9 000	12 000	8 000	−13 000
Revenue	964 000	934 000	915 000	878 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	314 000	313 000	282 000	282 000
Impairment	0	0	0	0
Expenditure	399 000	421 000	374 000	353 000
Operating Profit	565 000	513 000	540 000	525 000
Financial Income	78 000	12 000	18 000	40 000
Financial Costs	304 000	165 000	102 000	141 000
Financial Balance	−226 000	−153 000	−84 000	−101 000
Dividends	0	0	0	0
Net Income	264 000	280 000	355 000	330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 762 000	5 076 000	5 389 000	5 237 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 762 000	5 076 000	5 389 000	5 237 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 762 000	5 076 000	5 389 000	5 237 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 286 000	4 800 000	4 520 000	3 457 000
Total Current Assets	1 295 000	5 099 000	4 633 000	3 466 000
Total Assets	6 056 000	10 176 000	10 022 000	8 702 000
Total Equity	677 000	739 000	785 000	793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 553 000	8 847 000	7 674 000	7 390 000
Creditors	4 000	1 000	546 000	1 000
Unpaid Taxes	49 000	57 000	0	0
Dividends	0	0	0	0
Other Current Debt	774 000	532 000	1 017 000	518 000
Total Current Debt	826 000	589 000	1 563 000	519 000
Total Equity and Debt	6 056 000	10 176 000	10 022 000	8 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39 %	37,89 %	45,22 %	41,61 %
Debt-to-Equity Ratio	6,73	11,97	9,78	9,32
Operating Profit Margin	58,61 %	54,93 %	59,02 %	59,79 %
Current Ratio	1,57	8,66	2,96	6,68
Quick Ratio	1,57	8,66	2,96	6,68
Equity Ratio	0,11	0,07	0,08	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %