VOLUE ENERGY MARKET SERVICES AS

4841 ARENDAL

Finances

Share Ownership

Return on Equity

26,68 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	126 196 000	91 688 000	67 222 000	67 168 000
Net Income	25 065 000	7 299 000	−5 646 000	−16 557 000
Total Assets	667 633 000	569 828 000	278 464 000	297 809 000
Total Equity	93 951 000	79 631 000	56 672 000	50 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	126 196 000	91 688 000	67 222 000	67 168 000
Expenditure	91 053 000	77 047 000	71 674 000	79 385 000
Operating Profit	35 143 000	14 641 000	−4 451 000	−12 217 000
Financial Income	1 388 000	1 222 000	1 084 000	81 000
Financial Costs	4 380 000	7 719 000	1 937 000	4 421 000
Financial Balance	−2 992 000	−6 497 000	−853 000	−4 340 000
Earnings Before Tax	32 151 000	8 144 000	−5 304 000	−16 557 000
Tax	7 086 000	845 000	342 000	0
Net Income	25 065 000	7 299 000	−5 646 000	−16 557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 663 000	84 390 000	13 161 000	15 912 000
Total Current Assets	654 970 000	485 438 000	265 303 000	281 897 000
Total Assets	667 633 000	569 828 000	278 464 000	297 809 000
Total Retained Equity	54 042 000	0	16 763 000	10 390 000
Total Equity	93 951 000	79 631 000	56 672 000	50 299 000
Total Long-Term Debt	0	55 000 000	5 000 000	0
Total Current Debt	573 682 000	435 197 000	216 792 000	247 510 000
Total Equity and Debt	667 633 000	569 828 000	278 464 000	297 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	126 196 000	91 688 000	67 222 000	67 168 000
Other Income	0	0	0	0
Revenue	126 196 000	91 688 000	67 222 000	67 168 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 304 000	42 616 000	44 801 000	51 319 000
Depreciation	3 708 000	4 464 000	4 543 000	4 347 000
Impairment	0	1 174 000	0	0
Expenditure	91 053 000	77 047 000	71 674 000	79 385 000
Operating Profit	35 143 000	14 641 000	−4 451 000	−12 217 000
Financial Income	1 388 000	1 222 000	1 084 000	81 000
Financial Costs	4 380 000	7 719 000	1 937 000	4 421 000
Financial Balance	−2 992 000	−6 497 000	−853 000	−4 340 000
Dividends	0	0	0	0
Net Income	25 065 000	7 299 000	−5 646 000	−16 557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	1 582 000	773 000
Total Intangible Assets	11 113 000	10 281 000	11 928 000	13 925 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	1 987 000
Fixtures	1 550 000	1 449 000	1 233 000	0
Total Tangible Assets	1 550 000	1 449 000	1 233 000	1 987 000
Total Fiancial Fixed Assets	0	72 660 000	0	0
Total Fixed Assets	12 663 000	84 390 000	13 161 000	15 912 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	325 006 000	180 429 000	110 223 000	131 210 000
Total Current Assets	654 970 000	485 438 000	265 303 000	281 897 000
Total Assets	667 633 000	569 828 000	278 464 000	297 809 000
Total Equity	93 951 000	79 631 000	56 672 000	50 299 000
Short-Term Group Debt	84 361 000	49 274 000	36 489 000	56 902 000
Total Long-Term Debt	0	55 000 000	5 000 000	0
Creditors	327 140 000	318 479 000	81 193 000	96 685 000
Unpaid Taxes	5 300 000	15 076 000	9 665 000	0
Dividends	0	0	0	0
Other Current Debt	154 204 000	51 930 000	89 445 000	93 923 000
Total Current Debt	573 682 000	435 197 000	216 792 000	247 510 000
Total Equity and Debt	667 633 000	569 828 000	278 464 000	297 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,68 %	9,17 %	−9,96 %	−32,92 %
Debt-to-Equity Ratio	0	0,69	0,09	0
Operating Profit Margin	27,85 %	15,97 %	−6,62 %	−18,19 %
Current Ratio	1,14	1,12	1,22	1,14
Quick Ratio	1,14	1,12	1,22	1,14
Equity Ratio	0,14	0,14	0,2	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %