ULFSBAKVEIEN 2 AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

785 %

Current Ratio

0,8

Debt-to-Equity Ratio

112,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 998 000	1 964 000	1 907 000	1 940 000
Net Income	785 000	857 000	780 000	771 000
Total Assets	12 532 000	13 408 000	13 711 000	14 229 000
Total Equity	100 000	100 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 998 000	1 964 000	1 907 000	1 940 000
Expenditure	583 000	600 000	586 000	540 000
Operating Profit	1 415 000	1 365 000	1 321 000	1 400 000
Financial Income	1 000	1 000	12 000	19 000
Financial Costs	410 000	268 000	333 000	431 000
Financial Balance	−409 000	−267 000	−321 000	−412 000
Earnings Before Tax	1 006 000	1 098 000	1 000 000	988 000
Tax	221 000	242 000	220 000	217 000
Net Income	785 000	857 000	780 000	771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 623 000	11 919 000	12 215 000	12 511 000
Total Current Assets	909 000	1 488 000	1 496 000	1 719 000
Total Assets	12 532 000	13 408 000	13 711 000	14 229 000
Total Retained Equity	0	0	0	0
Total Equity	100 000	100 000	100 000	100 000
Total Long-Term Debt	11 293 000	12 091 000	12 496 000	12 899 000
Total Current Debt	1 139 000	1 217 000	1 114 000	1 230 000
Total Equity and Debt	12 532 000	13 408 000	13 711 000	14 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 998 000	1 964 000	1 907 000	1 940 000
Revenue	1 998 000	1 964 000	1 907 000	1 940 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	296 000	296 000	296 000	296 000
Impairment	0	0	0	0
Expenditure	583 000	600 000	586 000	540 000
Operating Profit	1 415 000	1 365 000	1 321 000	1 400 000
Financial Income	1 000	1 000	12 000	19 000
Financial Costs	410 000	268 000	333 000	431 000
Financial Balance	−409 000	−267 000	−321 000	−412 000
Dividends	512 000	370 000	0	0
Net Income	785 000	857 000	780 000	771 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 623 000	11 919 000	12 215 000	12 511 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 623 000	11 919 000	12 215 000	12 511 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 623 000	11 919 000	12 215 000	12 511 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	909 000	1 487 000	1 489 000	1 719 000
Total Current Assets	909 000	1 488 000	1 496 000	1 719 000
Total Assets	12 532 000	13 408 000	13 711 000	14 229 000
Total Equity	100 000	100 000	100 000	100 000
Short-Term Group Debt	349 000	624 000	999 000	988 000
Total Long-Term Debt	11 293 000	12 091 000	12 496 000	12 899 000
Creditors	35 000	25 000	25 000	192 000
Unpaid Taxes	75 000	76 000	76 000	38 000
Dividends	512 000	370 000	0	0
Other Current Debt	5 000	2 000	2 000	3 000
Total Current Debt	1 139 000	1 217 000	1 114 000	1 230 000
Total Equity and Debt	12 532 000	13 408 000	13 711 000	14 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	785 %	857 %	780 %	771 %
Debt-to-Equity Ratio	112,93	120,91	124,96	128,99
Operating Profit Margin	70,82 %	69,5 %	69,27 %	72,16 %
Current Ratio	0,8	1,22	1,34	1,4
Quick Ratio	0,8	1,22	1,34	1,4
Equity Ratio	0,01	0,01	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %