ULSTEIN ENTREPRENØR AS

6064 HADDAL

Finances

Share Ownership

Return on Equity

−43,94 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 312 000	42 697 000	27 090 000	48 512 000
Net Income	−1 970 000	−2 562 000	−1 413 000	1 393 000
Total Assets	13 255 000	22 048 000	14 867 000	13 381 000
Total Equity	4 483 000	6 612 000	4 572 000	6 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 312 000	42 697 000	27 090 000	48 512 000
Expenditure	47 851 000	45 941 000	28 908 000	46 644 000
Operating Profit	−2 540 000	−3 243 000	−1 818 000	1 868 000
Financial Income	26 000	4 000	16 000	12 000
Financial Costs	9 000	45 000	11 000	94 000
Financial Balance	17 000	−41 000	5 000	−82 000
Earnings Before Tax	−2 524 000	−3 284 000	−1 812 000	1 786 000
Tax	−554 000	−722 000	−399 000	393 000
Net Income	−1 970 000	−2 562 000	−1 413 000	1 393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 788 000	3 970 000	4 175 000	4 128 000
Total Current Assets	9 467 000	18 078 000	10 692 000	9 253 000
Total Assets	13 255 000	22 048 000	14 867 000	13 381 000
Total Retained Equity	0	1 910 000	4 472 000	6 825 000
Total Equity	4 483 000	6 612 000	4 572 000	6 925 000
Total Long-Term Debt	1 027 000	1 422 000	846 000	305 000
Total Current Debt	7 744 000	14 014 000	9 449 000	6 151 000
Total Equity and Debt	13 255 000	22 048 000	14 867 000	13 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 312 000	42 417 000	27 020 000	48 018 000
Other Income	0	280 000	70 000	495 000
Revenue	45 312 000	42 697 000	27 090 000	48 512 000
Cost of Goods Sold	30 384 000	27 875 000	12 497 000	30 549 000
Salary Costs	9 309 000	10 530 000	9 489 000	10 066 000
Depreciation	982 000	949 000	880 000	855 000
Impairment	0	0	0	0
Expenditure	47 851 000	45 941 000	28 908 000	46 644 000
Operating Profit	−2 540 000	−3 243 000	−1 818 000	1 868 000
Financial Income	26 000	4 000	16 000	12 000
Financial Costs	9 000	45 000	11 000	94 000
Financial Balance	17 000	−41 000	5 000	−82 000
Dividends	0	0	0	0
Net Income	−1 970 000	−2 562 000	−1 413 000	1 393 000

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	3 558 000	3 700 000	4 175 000	4 128 000
Fixtures	0	0	0	0
Total Tangible Assets	3 558 000	3 700 000	4 175 000	4 128 000
Total Fiancial Fixed Assets	230 000	270 000	0	0
Total Fixed Assets	3 788 000	3 970 000	4 175 000	4 128 000
Stock	336 000	218 000	142 000	248 000
Total Investments	0	0	0	0
Cash, Bank	374 000	420 000	542 000	337 000
Total Current Assets	9 467 000	18 078 000	10 692 000	9 253 000
Total Assets	13 255 000	22 048 000	14 867 000	13 381 000
Total Equity	4 483 000	6 612 000	4 572 000	6 925 000
Short-Term Group Debt	0	0	3 925 000	893 000
Total Long-Term Debt	1 027 000	1 422 000	846 000	305 000
Creditors	5 173 000	3 781 000	2 401 000	1 209 000
Unpaid Taxes	891 000	2 531 000	2 016 000	1 909 000
Dividends	0	0	0	0
Other Current Debt	1 681 000	7 702 000	1 107 000	1 903 000
Total Current Debt	7 744 000	14 014 000	9 449 000	6 151 000
Total Equity and Debt	13 255 000	22 048 000	14 867 000	13 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,94 %	−38,75 %	−30,91 %	20,12 %
Debt-to-Equity Ratio	0,23	0,22	0,19	0,04
Operating Profit Margin	−5,61 %	−7,6 %	−6,71 %	3,85 %
Current Ratio	1,22	1,29	1,13	1,5
Quick Ratio	1,28	1,31	1,15	1,57
Equity Ratio	0,34	0,3	0,31	0,52
Gross Profit Margin	32,94 %	34,71 %	53,87 %	37,03 %