ULSTEIN BETONG AS

6064 HADDAL

Finances

Share Ownership

Return on Equity

25,33 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 939 000	38 074 000	36 498 000	36 407 000
Net Income	3 400 000	576 000	1 458 000	2 084 000
Total Assets	23 109 000	21 936 000	24 400 000	26 196 000
Total Equity	13 425 000	11 850 000	13 513 000	13 702 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 939 000	38 074 000	36 498 000	36 407 000
Expenditure	39 570 000	37 290 000	34 504 000	33 581 000
Operating Profit	4 369 000	784 000	1 994 000	2 825 000
Financial Income	40 000	9 000	27 000	79 000
Financial Costs	50 000	54 000	151 000	233 000
Financial Balance	−10 000	−45 000	−124 000	−154 000
Earnings Before Tax	4 359 000	739 000	1 870 000	2 672 000
Tax	959 000	163 000	412 000	588 000
Net Income	3 400 000	576 000	1 458 000	2 084 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 481 000	12 824 000	14 976 000	14 367 000
Total Current Assets	11 629 000	9 112 000	9 424 000	11 829 000
Total Assets	23 109 000	21 936 000	24 400 000	26 196 000
Total Retained Equity	13 325 000	11 750 000	13 413 000	13 602 000
Total Equity	13 425 000	11 850 000	13 513 000	13 702 000
Total Long-Term Debt	1 739 000	2 665 000	3 663 000	6 904 000
Total Current Debt	7 945 000	7 420 000	7 223 000	5 590 000
Total Equity and Debt	23 109 000	21 936 000	24 400 000	26 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 283 000	38 074 000	36 498 000	36 407 000
Other Income	656 000	0	0	0
Revenue	43 939 000	38 074 000	36 498 000	36 407 000
Cost of Goods Sold	19 696 000	16 861 000	15 797 000	15 858 000
Salary Costs	7 504 000	8 614 000	7 894 000	8 074 000
Depreciation	2 112 000	2 197 000	1 872 000	2 039 000
Impairment	0	0	0	0
Expenditure	39 570 000	37 290 000	34 504 000	33 581 000
Operating Profit	4 369 000	784 000	1 994 000	2 825 000
Financial Income	40 000	9 000	27 000	79 000
Financial Costs	50 000	54 000	151 000	233 000
Financial Balance	−10 000	−45 000	−124 000	−154 000
Dividends	0	0	0	0
Net Income	3 400 000	576 000	1 458 000	2 084 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	110 000	159 000	209 000	114 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 267 000	10 270 000	11 242 000	11 254 000
Fixtures	1 102 000	2 393 000	3 523 000	2 997 000
Total Tangible Assets	11 369 000	12 663 000	14 765 000	14 251 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	11 481 000	12 824 000	14 976 000	14 367 000
Stock	3 440 000	3 045 000	3 051 000	2 367 000
Total Investments	0	0	0	0
Cash, Bank	259 000	287 000	320 000	203 000
Total Current Assets	11 629 000	9 112 000	9 424 000	11 829 000
Total Assets	23 109 000	21 936 000	24 400 000	26 196 000
Total Equity	13 425 000	11 850 000	13 513 000	13 702 000
Short-Term Group Debt	2 340 000	2 500 000	2 000 000	1 336 000
Total Long-Term Debt	1 739 000	2 665 000	3 663 000	6 904 000
Creditors	3 034 000	2 583 000	3 779 000	1 993 000
Unpaid Taxes	1 101 000	1 225 000	606 000	624 000
Dividends	0	0	0	0
Other Current Debt	999 000	1 112 000	838 000	1 057 000
Total Current Debt	7 945 000	7 420 000	7 223 000	5 590 000
Total Equity and Debt	23 109 000	21 936 000	24 400 000	26 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,33 %	4,86 %	10,79 %	15,21 %
Debt-to-Equity Ratio	0,13	0,22	0,27	0,5
Operating Profit Margin	9,94 %	2,06 %	5,46 %	7,76 %
Current Ratio	1,46	1,23	1,3	2,12
Quick Ratio	2,58	2,08	2,26	3,67
Equity Ratio	0,58	0,54	0,55	0,52
Gross Profit Margin	55,17 %	55,72 %	56,72 %	56,44 %