ULSTEIN KNUSEVERK AS

6064 HADDAL

Finances

Share Ownership

Return on Equity

22,73 %

Current Ratio

2,37

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 554 000	13 174 000	14 375 000	13 905 000
Net Income	1 337 000	948 000	2 230 000	2 114 000
Total Assets	8 365 000	9 215 000	10 584 000	11 402 000
Total Equity	5 882 000	5 126 000	6 288 000	6 298 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 554 000	13 174 000	14 375 000	13 905 000
Expenditure	11 845 000	11 965 000	11 520 000	11 217 000
Operating Profit	1 709 000	1 209 000	2 855 000	2 688 000
Financial Income	9 000	6 000	6 000	24 000
Financial Costs	3 000	0	2 000	1 000
Financial Balance	6 000	6 000	4 000	23 000
Earnings Before Tax	1 714 000	1 215 000	2 860 000	2 711 000
Tax	377 000	267 000	629 000	597 000
Net Income	1 337 000	948 000	2 230 000	2 114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 627 000	3 603 000	5 017 000	5 749 000
Total Current Assets	5 738 000	5 612 000	5 567 000	5 653 000
Total Assets	8 365 000	9 215 000	10 584 000	11 402 000
Total Retained Equity	5 782 000	5 026 000	6 188 000	6 198 000
Total Equity	5 882 000	5 126 000	6 288 000	6 298 000
Total Long-Term Debt	65 000	108 000	230 000	361 000
Total Current Debt	2 418 000	3 982 000	4 066 000	4 743 000
Total Equity and Debt	8 365 000	9 215 000	10 584 000	11 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 199 000	13 028 000	14 375 000	12 921 000
Other Income	355 000	146 000	0	984 000
Revenue	13 554 000	13 174 000	14 375 000	13 905 000
Cost of Goods Sold	1 058 000	1 871 000	1 034 000	1 644 000
Salary Costs	2 910 000	2 757 000	2 980 000	2 618 000
Depreciation	544 000	877 000	1 011 000	855 000
Impairment	0	0	0	0
Expenditure	11 845 000	11 965 000	11 520 000	11 217 000
Operating Profit	1 709 000	1 209 000	2 855 000	2 688 000
Financial Income	9 000	6 000	6 000	24 000
Financial Costs	3 000	0	2 000	1 000
Financial Balance	6 000	6 000	4 000	23 000
Dividends	0	0	0	0
Net Income	1 337 000	948 000	2 230 000	2 114 000

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	538 000	1 174 000	2 610 000	3 582 000
Fixtures	7 000	10 000	13 000	14 000
Total Tangible Assets	545 000	1 184 000	2 623 000	3 596 000
Total Fiancial Fixed Assets	2 082 000	2 419 000	2 394 000	2 153 000
Total Fixed Assets	2 627 000	3 603 000	5 017 000	5 749 000
Stock	3 441 000	1 954 000	2 243 000	1 901 000
Total Investments	0	0	0	0
Cash, Bank	87 000	101 000	114 000	75 000
Total Current Assets	5 738 000	5 612 000	5 567 000	5 653 000
Total Assets	8 365 000	9 215 000	10 584 000	11 402 000
Total Equity	5 882 000	5 126 000	6 288 000	6 298 000
Short-Term Group Debt	1 000 000	2 500 000	3 000 000	2 169 000
Total Long-Term Debt	65 000	108 000	230 000	361 000
Creditors	547 000	687 000	536 000	1 635 000
Unpaid Taxes	454 000	390 000	202 000	152 000
Dividends	0	0	0	0
Other Current Debt	417 000	404 000	328 000	349 000
Total Current Debt	2 418 000	3 982 000	4 066 000	4 743 000
Total Equity and Debt	8 365 000	9 215 000	10 584 000	11 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,73 %	18,49 %	35,46 %	33,57 %
Debt-to-Equity Ratio	0,01	0,02	0,04	0,06
Operating Profit Margin	12,61 %	9,18 %	19,86 %	19,33 %
Current Ratio	2,37	1,41	1,37	1,19
Quick Ratio	−5,61	2,77	3,05	1,99
Equity Ratio	0,7	0,56	0,59	0,55
Gross Profit Margin	92,19 %	85,8 %	92,81 %	88,18 %