ULLESTAD KRAFT AS

4137 ÅRDAL I RYFYLKE

Finances

Share Ownership

Return on Equity

68,22 %

Current Ratio

0,93

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 985 000	15 711 000	3 046 000	11 067 000
Net Income	13 836 000	2 794 000	−3 002 000	656 000
Total Assets	111 007 000	93 908 000	84 454 000	89 381 000
Total Equity	20 280 000	18 028 000	15 234 000	18 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 985 000	15 711 000	3 046 000	11 067 000
Expenditure	25 737 000	9 727 000	4 554 000	7 775 000
Operating Profit	19 248 000	5 984 000	−1 508 000	3 292 000
Financial Income	521 000	178 000	159 000	229 000
Financial Costs	2 031 000	2 579 000	2 500 000	2 681 000
Financial Balance	−1 510 000	−2 401 000	−2 341 000	−2 452 000
Earnings Before Tax	17 738 000	3 582 000	−3 848 000	841 000
Tax	3 902 000	788 000	−847 000	185 000
Net Income	13 836 000	2 794 000	−3 002 000	656 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 174 000	80 705 000	83 492 000	84 564 000
Total Current Assets	36 832 000	13 203 000	962 000	4 818 000
Total Assets	111 007 000	93 908 000	84 454 000	89 381 000
Total Retained Equity	2 500 000	248 000	−2 546 000	455 000
Total Equity	20 280 000	18 028 000	15 234 000	18 235 000
Total Long-Term Debt	50 954 000	68 787 000	68 887 000	68 184 000
Total Current Debt	39 773 000	7 093 000	333 000	2 962 000
Total Equity and Debt	111 007 000	93 908 000	84 454 000	89 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 985 000	15 711 000	3 046 000	11 059 000
Other Income	0	0	0	8 000
Revenue	44 985 000	15 711 000	3 046 000	11 067 000
Cost of Goods Sold	21 819 000	5 520 000	601 000	3 936 000
Salary Costs	0	0	0	0
Depreciation	1 999 000	1 999 000	1 999 000	1 999 000
Impairment	0	0	0	0
Expenditure	25 737 000	9 727 000	4 554 000	7 775 000
Operating Profit	19 248 000	5 984 000	−1 508 000	3 292 000
Financial Income	521 000	178 000	159 000	229 000
Financial Costs	2 031 000	2 579 000	2 500 000	2 681 000
Financial Balance	−1 510 000	−2 401 000	−2 341 000	−2 452 000
Dividends	0	0	0	0
Net Income	13 836 000	2 794 000	−3 002 000	656 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	600 000	800 000	1 588 000	742 000
Real Eastate	73 574 000	75 573 000	77 572 000	79 570 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	73 574 000	75 573 000	77 572 000	79 570 000
Total Fiancial Fixed Assets	0	4 332 000	4 332 000	4 252 000
Total Fixed Assets	74 174 000	80 705 000	83 492 000	84 564 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 191 000	10 445 000	486 000	2 910 000
Total Current Assets	36 832 000	13 203 000	962 000	4 818 000
Total Assets	111 007 000	93 908 000	84 454 000	89 381 000
Total Equity	20 280 000	18 028 000	15 234 000	18 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 954 000	68 787 000	68 887 000	68 184 000
Creditors	405 000	378 000	190 000	232 000
Unpaid Taxes	459 000	1 428 000	102 000	164 000
Dividends	0	0	0	0
Other Current Debt	38 910 000	5 286 000	42 000	2 565 000
Total Current Debt	39 773 000	7 093 000	333 000	2 962 000
Total Equity and Debt	111 007 000	93 908 000	84 454 000	89 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,22 %	15,5 %	−19,71 %	3,6 %
Debt-to-Equity Ratio	2,51	3,82	4,52	3,74
Operating Profit Margin	42,79 %	38,09 %	−49,51 %	29,75 %
Current Ratio	0,93	1,86	2,89	1,63
Quick Ratio	0,93	1,86	2,89	1,63
Equity Ratio	0,18	0,19	0,18	0,2
Gross Profit Margin	51,5 %	64,87 %	80,27 %	64,43 %