ULSET UTVIKLING AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

−1,72 %

Current Ratio

11,77

Debt-to-Equity Ratio

13,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−199 000	−80 000	−111 000	−2 838 000
Total Assets	187 741 000	176 273 000	166 986 000	157 134 000
Total Equity	11 572 000	11 771 000	11 850 000	11 961 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	251 000	100 000	139 000	3 634 000
Operating Profit	−251 000	−100 000	−139 000	−3 634 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	2 000	4 000
Financial Balance	−4 000	−2 000	−2 000	−4 000
Earnings Before Tax	−254 000	−102 000	−142 000	−3 639 000
Tax	−56 000	−22 000	−31 000	−800 000
Net Income	−199 000	−80 000	−111 000	−2 838 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	187 741 000	176 273 000	166 986 000	157 134 000
Total Assets	187 741 000	176 273 000	166 986 000	157 134 000
Total Retained Equity	11 467 000	11 666 000	11 745 000	11 856 000
Total Equity	11 572 000	11 771 000	11 850 000	11 961 000
Total Long-Term Debt	160 220 000	148 276 000	138 299 000	330 000
Total Current Debt	15 948 000	16 226 000	16 837 000	144 843 000
Total Equity and Debt	187 741 000	176 273 000	166 986 000	157 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	3 514 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	251 000	100 000	139 000	3 634 000
Operating Profit	−251 000	−100 000	−139 000	−3 634 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	2 000	4 000
Financial Balance	−4 000	−2 000	−2 000	−4 000
Dividends	0	0	0	0
Net Income	−199 000	−80 000	−111 000	−2 838 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	182 909 000	170 698 000	162 726 000	155 884 000
Total Investments	0	0	0	0
Cash, Bank	4 832 000	5 575 000	4 260 000	1 251 000
Total Current Assets	187 741 000	176 273 000	166 986 000	157 134 000
Total Assets	187 741 000	176 273 000	166 986 000	157 134 000
Total Equity	11 572 000	11 771 000	11 850 000	11 961 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	160 220 000	148 276 000	138 299 000	330 000
Creditors	77 000	378 000	939 000	1 023 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 871 000	15 849 000	15 898 000	15 820 000
Total Current Debt	15 948 000	16 226 000	16 837 000	144 843 000
Total Equity and Debt	187 741 000	176 273 000	166 986 000	157 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,72 %	−0,68 %	−0,94 %	−23,73 %
Debt-to-Equity Ratio	13,85	12,6	11,67	0,03
Operating Profit Margin	-	-	-	-
Current Ratio	11,77	10,86	9,92	1,08
Quick Ratio	−1,12	−1,14	−1,14	−14,23
Equity Ratio	0,06	0,07	0,07	0,08
Gross Profit Margin	-	-	-	-