ULVIK SERVICE AS

7633 FROSTA

Finances

Return on Equity

−17,11 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 172 000	3 505 000	2 738 000	1 702 000
Net Income	−51 000	117 000	−80 000	−77 000
Total Assets	1 047 000	960 000	802 000	693 000
Total Equity	298 000	349 000	232 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 172 000	3 505 000	2 738 000	1 702 000
Expenditure	2 243 000	3 346 000	2 823 000	1 779 000
Operating Profit	−72 000	159 000	−85 000	−77 000
Financial Income	49 000	0	0	0
Financial Costs	45 000	9 000	18 000	22 000
Financial Balance	4 000	−9 000	−18 000	−22 000
Earnings Before Tax	−68 000	150 000	−103 000	−99 000
Tax	−18 000	33 000	−23 000	−22 000
Net Income	−51 000	117 000	−80 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	55 000	94 000	79 000
Total Current Assets	992 000	905 000	709 000	614 000
Total Assets	1 047 000	960 000	802 000	693 000
Total Retained Equity	148 000	199 000	82 000	162 000
Total Equity	298 000	349 000	232 000	312 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	749 000	611 000	571 000	381 000
Total Equity and Debt	1 047 000	960 000	802 000	693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 172 000	3 505 000	2 738 000	1 702 000
Other Income	0	0	0	0
Revenue	2 172 000	3 505 000	2 738 000	1 702 000
Cost of Goods Sold	1 418 000	1 457 000	1 234 000	695 000
Salary Costs	313 000	1 480 000	1 201 000	750 000
Depreciation	15 000	8 000	8 000	10 000
Impairment	0	0	0	0
Expenditure	2 243 000	3 346 000	2 823 000	1 779 000
Operating Profit	−72 000	159 000	−85 000	−77 000
Financial Income	49 000	0	0	0
Financial Costs	45 000	9 000	18 000	22 000
Financial Balance	4 000	−9 000	−18 000	−22 000
Dividends	0	0	0	0
Net Income	−51 000	117 000	−80 000	−77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	28 000	61 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	15 000	23 000	32 000
Total Tangible Assets	0	15 000	23 000	32 000
Total Fiancial Fixed Assets	9 000	12 000	9 000	9 000
Total Fixed Assets	55 000	55 000	94 000	79 000
Stock	263 000	296 000	257 000	337 000
Total Investments	0	0	0	0
Cash, Bank	0	42 000	49 000	42 000
Total Current Assets	992 000	905 000	709 000	614 000
Total Assets	1 047 000	960 000	802 000	693 000
Total Equity	298 000	349 000	232 000	312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	85 000	41 000	133 000	80 000
Unpaid Taxes	101 000	216 000	230 000	71 000
Dividends	0	0	0	0
Other Current Debt	563 000	243 000	180 000	107 000
Total Current Debt	749 000	611 000	571 000	381 000
Total Equity and Debt	1 047 000	960 000	802 000	693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,11 %	33,52 %	−34,48 %	−24,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,31 %	4,54 %	−3,1 %	−4,52 %
Current Ratio	1,32	1,48	1,24	1,61
Quick Ratio	2,04	2,87	2,26	13,95
Equity Ratio	0,28	0,36	0,29	0,45
Gross Profit Margin	34,71 %	58,43 %	54,93 %	59,17 %