FREDDY ULLTANG AS

6814 FØRDE

Finances

Return on Equity

−3,02 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	701 000	628 000	406 000	819 000
Net Income	−170 000	−121 000	−244 000	−188 000
Total Assets	5 895 000	6 004 000	6 128 000	6 571 000
Total Equity	5 638 000	5 808 000	5 929 000	6 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	701 000	628 000	406 000	819 000
Expenditure	873 000	796 000	738 000	1 100 000
Operating Profit	−172 000	−168 000	−332 000	−280 000
Financial Income	41 000	47 000	88 000	94 000
Financial Costs	39 000	0	0	1 000
Financial Balance	2 000	47 000	88 000	93 000
Earnings Before Tax	−170 000	−121 000	−244 000	−188 000
Tax	0	0	0	0
Net Income	−170 000	−121 000	−244 000	−188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 308 000	5 747 000	5 842 000	5 638 000
Total Current Assets	587 000	257 000	286 000	934 000
Total Assets	5 895 000	6 004 000	6 128 000	6 571 000
Total Retained Equity	5 608 000	5 778 000	5 899 000	6 142 000
Total Equity	5 638 000	5 808 000	5 929 000	6 172 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	258 000	196 000	200 000	399 000
Total Equity and Debt	5 895 000	6 004 000	6 128 000	6 571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	701 000	492 000	406 000	711 000
Other Income	0	136 000	0	108 000
Revenue	701 000	628 000	406 000	819 000
Cost of Goods Sold	0	0	0	0
Salary Costs	541 000	595 000	558 000	600 000
Depreciation	75 000	33 000	0	52 000
Impairment	0	0	0	0
Expenditure	873 000	796 000	738 000	1 100 000
Operating Profit	−172 000	−168 000	−332 000	−280 000
Financial Income	41 000	47 000	88 000	94 000
Financial Costs	39 000	0	0	1 000
Financial Balance	2 000	47 000	88 000	93 000
Dividends	0	0	0	0
Net Income	−170 000	−121 000	−244 000	−188 000

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	268 000	343 000	0	0
Total Tangible Assets	268 000	343 000	0	0
Total Fiancial Fixed Assets	5 040 000	5 403 000	5 842 000	5 638 000
Total Fixed Assets	5 308 000	5 747 000	5 842 000	5 638 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	546 000	175 000	239 000	709 000
Total Current Assets	587 000	257 000	286 000	934 000
Total Assets	5 895 000	6 004 000	6 128 000	6 571 000
Total Equity	5 638 000	5 808 000	5 929 000	6 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	21 000	26 000	17 000
Unpaid Taxes	168 000	131 000	133 000	105 000
Dividends	0	0	0	0
Other Current Debt	75 000	44 000	41 000	276 000
Total Current Debt	258 000	196 000	200 000	399 000
Total Equity and Debt	5 895 000	6 004 000	6 128 000	6 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,02 %	−2,08 %	−4,12 %	−3,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−24,54 %	−26,75 %	−81,77 %	−34,19 %
Current Ratio	2,28	1,31	1,43	2,34
Quick Ratio	2,28	1,31	1,43	2,34
Equity Ratio	0,96	0,97	0,97	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %