VOLONTE VÅGEN AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

28,76 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 836 000	8 253 000	8 362 000	7 776 000
Net Income	390 000	598 000	760 000	34 000
Total Assets	2 919 000	3 172 000	3 888 000	2 030 000
Total Equity	1 356 000	1 367 000	1 768 000	1 009 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 836 000	8 253 000	8 362 000	7 776 000
Expenditure	7 323 000	7 474 000	7 363 000	7 698 000
Operating Profit	514 000	778 000	998 000	78 000
Financial Income	1 000	1 000	0	2 000
Financial Costs	14 000	11 000	25 000	37 000
Financial Balance	−13 000	−10 000	−25 000	−35 000
Earnings Before Tax	502 000	768 000	974 000	43 000
Tax	112 000	170 000	214 000	10 000
Net Income	390 000	598 000	760 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	93 000	151 000	177 000
Total Current Assets	2 715 000	3 078 000	3 737 000	1 854 000
Total Assets	2 919 000	3 172 000	3 888 000	2 030 000
Total Retained Equity	1 255 000	1 265 000	1 667 000	907 000
Total Equity	1 356 000	1 367 000	1 768 000	1 009 000
Total Long-Term Debt	0	0	1 000 000	0
Total Current Debt	1 562 000	1 805 000	1 119 000	1 022 000
Total Equity and Debt	2 919 000	3 172 000	3 888 000	2 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 836 000	8 259 000	8 328 000	7 776 000
Other Income	0	−6 000	34 000	0
Revenue	7 836 000	8 253 000	8 362 000	7 776 000
Cost of Goods Sold	4 083 000	4 218 000	4 253 000	4 642 000
Salary Costs	1 673 000	1 680 000	1 544 000	1 540 000
Depreciation	46 000	61 000	101 000	139 000
Impairment	0	0	0	0
Expenditure	7 323 000	7 474 000	7 363 000	7 698 000
Operating Profit	514 000	778 000	998 000	78 000
Financial Income	1 000	1 000	0	2 000
Financial Costs	14 000	11 000	25 000	37 000
Financial Balance	−13 000	−10 000	−25 000	−35 000
Dividends	400 000	600 000	0	0
Net Income	390 000	598 000	760 000	34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	22 000	18 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	135 000	71 000	132 000	162 000
Fixtures	0	0	0	0
Total Tangible Assets	135 000	71 000	132 000	162 000
Total Fiancial Fixed Assets	50 000	0	0	0
Total Fixed Assets	204 000	93 000	151 000	177 000
Stock	1 246 000	1 129 000	1 188 000	1 034 000
Total Investments	0	0	0	0
Cash, Bank	1 109 000	1 714 000	2 371 000	625 000
Total Current Assets	2 715 000	3 078 000	3 737 000	1 854 000
Total Assets	2 919 000	3 172 000	3 888 000	2 030 000
Total Equity	1 356 000	1 367 000	1 768 000	1 009 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000 000	0
Creditors	366 000	381 000	319 000	390 000
Unpaid Taxes	409 000	329 000	364 000	344 000
Dividends	400 000	600 000	0	0
Other Current Debt	679 000	922 000	219 000	277 000
Total Current Debt	1 562 000	1 805 000	1 119 000	1 022 000
Total Equity and Debt	2 919 000	3 172 000	3 888 000	2 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,76 %	43,75 %	42,99 %	3,37 %
Debt-to-Equity Ratio	0	0	0,57	0
Operating Profit Margin	6,56 %	9,43 %	11,93 %	1 %
Current Ratio	1,74	1,71	3,34	1,81
Quick Ratio	8,59	4,55	−54,16	−154,5
Equity Ratio	0,46	0,43	0,45	0,5
Gross Profit Margin	47,89 %	48,89 %	49,14 %	40,3 %