Ulstein Elektro AS | Detailed information

Ulstein Elektro AS - Detailed information

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Ulstein Elektro AS

Business ID:	933 464 822
Company:	Ulstein Elektro AS
Address:	Pb 278
	NO-6067 Ulsteinvik
Visiting address:	Osnesveien 118
County:	Møre og Romsdal
Telephone:	+47 70008800
Fax:	+47 70008801
E-mail:	oddvar.andersson@ulsteingroup.com
Website:	www.ulsteingroup.com

Chairman of the board:	Tore Ulstein
Managing Director/CEO:	Einar Johansen
Finances:	Alis Olsen/Oddvar Andersson
Purchasing Director:	Hanne Reite
Technology:	Peter Pilskog
Personnel:	Petter Fylling
Sales:	Ingar Kaldhol
Production:	Ronny Bårslett

Established:

1983

Subsidiary company to:

Ulstein Mekaniske Verksted Hold ASA

Stock-exchange listing:

Not listed

Rank in the Nordic countries (incl. subsidiaries) by

Net turnover

rank: 9716

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Rank in the Nordic countries (incl. subsidiaries) by

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Exports	rank: 590
Number of employees	rank: 5276
Total assets	rank: 15684

Industry sector:

B35

Manufacture of other transport equipment

Activity code:

351

Building and repairing of ships and boats

Rank in industry in the Nordic countries by :

Net turnover

rank: 134

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Industry sector:	B35	Manufacture of other transport equipment
Rank in industry in the Nordic countries by:
Total assets		rank: 164
Solvency		rank: 328
Exports		rank: 12
Number of employees		rank: 81

Closing information (x1000 EUR)
Fiscal year	200712		200612		200512
Net turnover	27.329		26.666		16.866
- exports	276	1.0%	501	1.9%	1.178	7.0%
Foreign sales
Financial expenses	78		17		7
Earnings before taxes	-939		-121		-753
Total assets	11.177		10.836		7.731
Current assets	10.631		10.462		7.341
Current liabilities	8.169		8.498		6.049
Equity capital	2.708		2.217		1.519
- share capital	50		50		50
Employees (average)	177		155		115
Shareholders	1		1		1
Investments in fixed assets	251		296

Financial ratios
Solvency	24.2%	20.5%	19.6%
Turnover per employee	154	172	147
Earnings as % of turnover	-3.4%	-0.5%	-4.5%
Return on assets (ROA)	-7.7%	-1.0%	-9.6%
Current ratio	130.1%	123.1%	121.4%
Return on equity (ROE)	-34.7%	-5.5%	-49.6%

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from UC (Sweden), CreditInform (Norway), KOB (Denmark) and Asiakastieto (Finland).

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