ULVAN AS

7246 SANDSTAD

Finances

Share Ownership

Return on Equity

−154,44 %

Current Ratio

0,88

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 880 000	5 692 000	4 941 000	6 565 000
Net Income	−539 000	−24 000	581 000	221 000
Total Assets	1 374 000	2 169 000	2 313 000	1 464 000
Total Equity	349 000	888 000	1 112 000	531 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 880 000	5 692 000	4 941 000	6 565 000
Expenditure	4 549 000	5 704 000	4 197 000	6 279 000
Operating Profit	−669 000	−12 000	745 000	285 000
Financial Income	0	0	0	0
Financial Costs	22 000	19 000	1 000	2 000
Financial Balance	−22 000	−19 000	−1 000	−2 000
Earnings Before Tax	−691 000	−30 000	744 000	284 000
Tax	−152 000	−7 000	164 000	62 000
Net Income	−539 000	−24 000	581 000	221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	833 000	868 000	962 000	238 000
Total Current Assets	541 000	1 301 000	1 351 000	1 226 000
Total Assets	1 374 000	2 169 000	2 313 000	1 464 000
Total Retained Equity	239 000	778 000	1 002 000	421 000
Total Equity	349 000	888 000	1 112 000	531 000
Total Long-Term Debt	410 000	565 000	670 000	0
Total Current Debt	614 000	716 000	532 000	933 000
Total Equity and Debt	1 374 000	2 169 000	2 313 000	1 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 835 000	5 692 000	4 941 000	6 565 000
Other Income	45 000	0	0	0
Revenue	3 880 000	5 692 000	4 941 000	6 565 000
Cost of Goods Sold	2 183 000	3 424 000	2 492 000	2 643 000
Salary Costs	1 766 000	1 505 000	1 092 000	2 783 000
Depreciation	152 000	159 000	82 000	58 000
Impairment	0	0	0	0
Expenditure	4 549 000	5 704 000	4 197 000	6 279 000
Operating Profit	−669 000	−12 000	745 000	285 000
Financial Income	0	0	0	0
Financial Costs	22 000	19 000	1 000	2 000
Financial Balance	−22 000	−19 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	−539 000	−24 000	581 000	221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	117 000	0	0	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	54 000	87 000	121 000	155 000
Fixtures	651 000	769 000	841 000	81 000
Total Tangible Assets	704 000	857 000	962 000	236 000
Total Fiancial Fixed Assets	12 000	12 000	0	0
Total Fixed Assets	833 000	868 000	962 000	238 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	469 000	430 000	77 000	260 000
Total Current Assets	541 000	1 301 000	1 351 000	1 226 000
Total Assets	1 374 000	2 169 000	2 313 000	1 464 000
Total Equity	349 000	888 000	1 112 000	531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	410 000	565 000	670 000	0
Creditors	23 000	192 000	128 000	119 000
Unpaid Taxes	343 000	314 000	78 000	291 000
Dividends	0	0	0	0
Other Current Debt	249 000	211 000	206 000	462 000
Total Current Debt	614 000	716 000	532 000	933 000
Total Equity and Debt	1 374 000	2 169 000	2 313 000	1 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−154,44 %	−2,7 %	52,25 %	41,62 %
Debt-to-Equity Ratio	1,17	0,64	0,6	0
Operating Profit Margin	−17,24 %	−0,21 %	15,08 %	4,34 %
Current Ratio	0,88	1,82	2,54	1,31
Quick Ratio	0,88	1,82	2,54	1,31
Equity Ratio	0,25	0,41	0,48	0,36
Gross Profit Margin	43,74 %	39,85 %	49,56 %	59,74 %