VOLLEN ELEKTRISKE AS

3440 RØYKEN

Finances

Return on Equity

49,13 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 668 000	5 974 000	7 299 000	7 371 000
Net Income	568 000	417 000	780 000	516 000
Total Assets	3 792 000	3 382 000	4 311 000	3 816 000
Total Equity	1 156 000	1 147 000	1 711 000	1 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 668 000	5 974 000	7 299 000	7 371 000
Expenditure	5 927 000	5 399 000	6 303 000	6 698 000
Operating Profit	742 000	574 000	996 000	672 000
Financial Income	7 000	8 000	8 000	8 000
Financial Costs	7 000	0	1 000	3 000
Financial Balance	0	8 000	7 000	5 000
Earnings Before Tax	743 000	582 000	1 003 000	678 000
Tax	174 000	165 000	224 000	162 000
Net Income	568 000	417 000	780 000	516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	100 000	330 000	260 000
Total Current Assets	3 792 000	3 282 000	3 981 000	3 556 000
Total Assets	3 792 000	3 382 000	4 311 000	3 816 000
Total Retained Equity	1 116 000	1 107 000	1 631 000	1 621 000
Total Equity	1 156 000	1 147 000	1 711 000	1 701 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 637 000	2 235 000	2 601 000	2 115 000
Total Equity and Debt	3 792 000	3 382 000	4 311 000	3 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 668 000	5 974 000	7 199 000	7 371 000
Other Income	0	0	100 000	0
Revenue	6 668 000	5 974 000	7 299 000	7 371 000
Cost of Goods Sold	1 931 000	1 853 000	2 127 000	2 244 000
Salary Costs	2 898 000	2 569 000	2 982 000	3 415 000
Depreciation	100 000	230 000	230 000	148 000
Impairment	0	0	0	0
Expenditure	5 927 000	5 399 000	6 303 000	6 698 000
Operating Profit	742 000	574 000	996 000	672 000
Financial Income	7 000	8 000	8 000	8 000
Financial Costs	7 000	0	1 000	3 000
Financial Balance	0	8 000	7 000	5 000
Dividends	560 000	410 000	770 000	500 000
Net Income	568 000	417 000	780 000	516 000

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	0	100 000	330 000	260 000
Fixtures	0	0	0	0
Total Tangible Assets	0	100 000	330 000	260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	100 000	330 000	260 000
Stock	101 000	84 000	129 000	107 000
Total Investments	0	0	0	0
Cash, Bank	1 544 000	1 820 000	1 878 000	1 431 000
Total Current Assets	3 792 000	3 282 000	3 981 000	3 556 000
Total Assets	3 792 000	3 382 000	4 311 000	3 816 000
Total Equity	1 156 000	1 147 000	1 711 000	1 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	590 000	479 000	558 000	409 000
Unpaid Taxes	525 000	422 000	741 000	580 000
Dividends	560 000	410 000	770 000	500 000
Other Current Debt	788 000	759 000	308 000	349 000
Total Current Debt	2 637 000	2 235 000	2 601 000	2 115 000
Total Equity and Debt	3 792 000	3 382 000	4 311 000	3 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,13 %	36,36 %	45,59 %	30,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,13 %	9,61 %	13,65 %	9,12 %
Current Ratio	1,44	1,47	1,53	1,68
Quick Ratio	1,5	1,53	1,61	1,77
Equity Ratio	0,3	0,34	0,4	0,45
Gross Profit Margin	71,04 %	68,98 %	70,86 %	69,56 %