ULSTEIN BEDRIFTSUTVIKLING AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

−34,56 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	956 000	834 000	568 000	1 185 000
Net Income	75 000	18 000	−155 000	−62 000
Total Assets	502 000	248 000	284 000	445 000
Total Equity	−217 000	−292 000	−309 000	−155 000

Income (NOK)	2022	2021	2020	2019
Revenue	956 000	834 000	568 000	1 185 000
Expenditure	924 000	816 000	723 000	1 247 000
Operating Profit	32 000	18 000	−154 000	−61 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	0	1 000
Financial Balance	−4 000	−1 000	0	−1 000
Earnings Before Tax	29 000	18 000	−155 000	−62 000
Tax	−46 000	0	0	0
Net Income	75 000	18 000	−155 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	70 000	70 000	70 000
Total Current Assets	456 000	178 000	214 000	375 000
Total Assets	502 000	248 000	284 000	445 000
Total Retained Equity	−317 000	−392 000	−409 000	−255 000
Total Equity	−217 000	−292 000	−309 000	−155 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	719 000	540 000	593 000	600 000
Total Equity and Debt	502 000	248 000	284 000	445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	956 000	834 000	568 000	1 185 000
Other Income	0	0	0	0
Revenue	956 000	834 000	568 000	1 185 000
Cost of Goods Sold	16 000	117 000	189 000	440 000
Salary Costs	534 000	366 000	232 000	449 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	924 000	816 000	723 000	1 247 000
Operating Profit	32 000	18 000	−154 000	−61 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	0	1 000
Financial Balance	−4 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	75 000	18 000	−155 000	−62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	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	70 000	70 000	70 000
Total Fixed Assets	46 000	70 000	70 000	70 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	14 000	32 000	42 000
Total Current Assets	456 000	178 000	214 000	375 000
Total Assets	502 000	248 000	284 000	445 000
Total Equity	−217 000	−292 000	−309 000	−155 000
Short-Term Group Debt	213 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	66 000	23 000	19 000	84 000
Unpaid Taxes	160 000	80 000	55 000	124 000
Dividends	0	0	0	0
Other Current Debt	280 000	436 000	519 000	392 000
Total Current Debt	719 000	540 000	593 000	600 000
Total Equity and Debt	502 000	248 000	284 000	445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,56 %	−6,16 %	50,16 %	40 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	3,35 %	2,16 %	−27,11 %	−5,15 %
Current Ratio	0,63	0,33	0,36	0,63
Quick Ratio	0,63	0,33	0,36	0,63
Equity Ratio	−0,43	−1,18	−1,09	−0,35
Gross Profit Margin	98,33 %	85,97 %	66,73 %	62,87 %