IVAR ULVØY AS

4647 BRENNÅSEN

Finances

Share Ownership

Return on Equity

41,23 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 398 000	81 728 000	81 047 000	71 369 000
Net Income	541 000	668 000	1 292 000	458 000
Total Assets	8 748 000	8 519 000	9 734 000	7 878 000
Total Equity	1 312 000	1 297 000	1 479 000	1 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 398 000	81 728 000	81 047 000	71 369 000
Expenditure	79 735 000	80 874 000	79 392 000	70 803 000
Operating Profit	664 000	854 000	1 655 000	566 000
Financial Income	35 000	11 000	14 000	26 000
Financial Costs	0	0	1 000	0
Financial Balance	35 000	11 000	13 000	26 000
Earnings Before Tax	699 000	866 000	1 669 000	593 000
Tax	158 000	197 000	377 000	135 000
Net Income	541 000	668 000	1 292 000	458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	950 000	976 000	822 000	918 000
Total Current Assets	7 799 000	7 544 000	8 912 000	6 961 000
Total Assets	8 748 000	8 519 000	9 734 000	7 878 000
Total Retained Equity	812 000	797 000	979 000	687 000
Total Equity	1 312 000	1 297 000	1 479 000	1 187 000
Total Long-Term Debt	0	46 000	41 000	24 000
Total Current Debt	7 436 000	7 176 000	8 213 000	6 667 000
Total Equity and Debt	8 748 000	8 519 000	9 734 000	7 878 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 235 000	80 355 000	79 631 000	69 576 000
Other Income	2 163 000	1 373 000	1 416 000	1 793 000
Revenue	80 398 000	81 728 000	81 047 000	71 369 000
Cost of Goods Sold	66 567 000	68 430 000	67 425 000	59 583 000
Salary Costs	5 319 000	5 116 000	4 777 000	4 824 000
Depreciation	244 000	197 000	180 000	157 000
Impairment	0	0	0	0
Expenditure	79 735 000	80 874 000	79 392 000	70 803 000
Operating Profit	664 000	854 000	1 655 000	566 000
Financial Income	35 000	11 000	14 000	26 000
Financial Costs	0	0	1 000	0
Financial Balance	35 000	11 000	13 000	26 000
Dividends	526 000	850 000	1 000 000	470 000
Net Income	541 000	668 000	1 292 000	458 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	944 000	976 000	822 000	918 000
Total Tangible Assets	944 000	976 000	822 000	918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	950 000	976 000	822 000	918 000
Stock	4 011 000	4 176 000	3 997 000	3 748 000
Total Investments	0	0	0	0
Cash, Bank	3 074 000	2 295 000	3 297 000	2 574 000
Total Current Assets	7 799 000	7 544 000	8 912 000	6 961 000
Total Assets	8 748 000	8 519 000	9 734 000	7 878 000
Total Equity	1 312 000	1 297 000	1 479 000	1 187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	46 000	41 000	24 000
Creditors	5 008 000	4 428 000	4 999 000	4 571 000
Unpaid Taxes	476 000	506 000	607 000	431 000
Dividends	526 000	850 000	1 000 000	470 000
Other Current Debt	1 215 000	1 200 000	1 248 000	1 068 000
Total Current Debt	7 436 000	7 176 000	8 213 000	6 667 000
Total Equity and Debt	8 748 000	8 519 000	9 734 000	7 878 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,23 %	51,5 %	87,36 %	38,58 %
Debt-to-Equity Ratio	0	0,04	0,03	0,02
Operating Profit Margin	0,83 %	1,04 %	2,04 %	0,79 %
Current Ratio	1,05	1,05	1,09	1,04
Quick Ratio	2,28	2,51	2,11	2,38
Equity Ratio	0,15	0,15	0,15	0,15
Gross Profit Margin	17,2 %	16,27 %	16,81 %	16,51 %