ULSET LYDPRODUKSJON AS

6630 TINGVOLL

Finances

Share Ownership

Return on Equity

20,54 %

Current Ratio

4,46

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	955 000	433 000	301 000	525 000
Net Income	153 000	73 000	8 000	37 000
Total Assets	1 587 000	967 000	960 000	1 058 000
Total Equity	745 000	591 000	518 000	510 000

Income (NOK)	2022	2021	2020	2019
Revenue	955 000	433 000	301 000	525 000
Expenditure	743 000	339 000	290 000	478 000
Operating Profit	211 000	93 000	10 000	48 000
Financial Income	0	2 000	3 000	3 000
Financial Costs	15 000	2 000	3 000	4 000
Financial Balance	−15 000	0	0	−1 000
Earnings Before Tax	197 000	94 000	10 000	47 000
Tax	43 000	21 000	2 000	10 000
Net Income	153 000	73 000	8 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 346 000	875 000	803 000	944 000
Total Current Assets	241 000	92 000	157 000	114 000
Total Assets	1 587 000	967 000	960 000	1 058 000
Total Retained Equity	713 000	559 000	486 000	478 000
Total Equity	745 000	591 000	518 000	510 000
Total Long-Term Debt	789 000	354 000	433 000	424 000
Total Current Debt	54 000	22 000	8 000	124 000
Total Equity and Debt	1 587 000	967 000	960 000	1 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	865 000	399 000	171 000	396 000
Other Income	90 000	35 000	130 000	130 000
Revenue	955 000	433 000	301 000	525 000
Cost of Goods Sold	47 000	0	25 000	17 000
Salary Costs	133 000	0	0	55 000
Depreciation	186 000	157 000	166 000	154 000
Impairment	0	0	0	0
Expenditure	743 000	339 000	290 000	478 000
Operating Profit	211 000	93 000	10 000	48 000
Financial Income	0	2 000	3 000	3 000
Financial Costs	15 000	2 000	3 000	4 000
Financial Balance	−15 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	153 000	73 000	8 000	37 000

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	1 346 000	875 000	803 000	944 000
Total Tangible Assets	1 346 000	875 000	803 000	944 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 346 000	875 000	803 000	944 000
Stock	0	0	0	8 000
Total Investments	0	0	0	0
Cash, Bank	166 000	66 000	147 000	78 000
Total Current Assets	241 000	92 000	157 000	114 000
Total Assets	1 587 000	967 000	960 000	1 058 000
Total Equity	745 000	591 000	518 000	510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	789 000	354 000	433 000	424 000
Creditors	2 000	0	−1 000	67 000
Unpaid Taxes	12 000	0	2 000	31 000
Dividends	0	0	0	0
Other Current Debt	11 000	0	0	18 000
Total Current Debt	54 000	22 000	8 000	124 000
Total Equity and Debt	1 587 000	967 000	960 000	1 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,54 %	12,35 %	1,54 %	7,25 %
Debt-to-Equity Ratio	1,06	0,6	0,84	0,83
Operating Profit Margin	22,09 %	21,48 %	3,32 %	9,14 %
Current Ratio	4,46	4,18	19,63	0,92
Quick Ratio	4,46	4,18	19,63	0,98
Equity Ratio	0,47	0,61	0,54	0,48
Gross Profit Margin	95,08 %	100 %	91,69 %	96,76 %