VOLAS AS

2213 KONGSVINGER

Finances

Share Ownership

Return on Equity

25,62 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 523 000	22 969 000	16 621 000	14 239 000
Net Income	782 000	71 000	−250 000	324 000
Total Assets	7 330 000	5 442 000	4 757 000	5 600 000
Total Equity	3 052 000	2 270 000	2 200 000	2 450 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 523 000	22 969 000	16 621 000	14 239 000
Expenditure	22 513 000	22 874 000	16 926 000	13 789 000
Operating Profit	1 010 000	96 000	−305 000	449 000
Financial Income	5 000	4 000	13 000	21 000
Financial Costs	13 000	9 000	28 000	55 000
Financial Balance	−8 000	−5 000	−15 000	−34 000
Earnings Before Tax	1 003 000	90 000	−321 000	415 000
Tax	221 000	20 000	−70 000	91 000
Net Income	782 000	71 000	−250 000	324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	813 000	1 073 000	1 578 000	1 305 000
Total Current Assets	6 517 000	4 369 000	3 179 000	4 295 000
Total Assets	7 330 000	5 442 000	4 757 000	5 600 000
Total Retained Equity	2 652 000	1 870 000	1 800 000	2 050 000
Total Equity	3 052 000	2 270 000	2 200 000	2 450 000
Total Long-Term Debt	0	0	107 000	759 000
Total Current Debt	4 278 000	3 172 000	2 450 000	2 391 000
Total Equity and Debt	7 330 000	5 442 000	4 757 000	5 600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 986 000	22 969 000	16 621 000	14 194 000
Other Income	537 000	0	0	45 000
Revenue	23 523 000	22 969 000	16 621 000	14 239 000
Cost of Goods Sold	10 010 000	10 320 000	6 497 000	6 402 000
Salary Costs	5 379 000	5 704 000	4 579 000	2 574 000
Depreciation	309 000	384 000	689 000	743 000
Impairment	0	0	0	0
Expenditure	22 513 000	22 874 000	16 926 000	13 789 000
Operating Profit	1 010 000	96 000	−305 000	449 000
Financial Income	5 000	4 000	13 000	21 000
Financial Costs	13 000	9 000	28 000	55 000
Financial Balance	−8 000	−5 000	−15 000	−34 000
Dividends	0	0	0	0
Net Income	782 000	71 000	−250 000	324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	39 000	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	604 000	667 000	949 000	1 266 000
Fixtures	0	9 000	24 000	39 000
Total Tangible Assets	604 000	676 000	974 000	1 305 000
Total Fiancial Fixed Assets	179 000	357 000	602 000	0
Total Fixed Assets	813 000	1 073 000	1 578 000	1 305 000
Stock	35 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 534 000	1 158 000	832 000	1 303 000
Total Current Assets	6 517 000	4 369 000	3 179 000	4 295 000
Total Assets	7 330 000	5 442 000	4 757 000	5 600 000
Total Equity	3 052 000	2 270 000	2 200 000	2 450 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	107 000	759 000
Creditors	2 386 000	1 401 000	1 351 000	1 253 000
Unpaid Taxes	766 000	729 000	304 000	482 000
Dividends	0	0	0	0
Other Current Debt	915 000	984 000	767 000	449 000
Total Current Debt	4 278 000	3 172 000	2 450 000	2 391 000
Total Equity and Debt	7 330 000	5 442 000	4 757 000	5 600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,62 %	3,13 %	−11,36 %	13,22 %
Debt-to-Equity Ratio	0	0	0,05	0,31
Operating Profit Margin	4,29 %	0,42 %	−1,84 %	3,15 %
Current Ratio	1,52	1,38	1,3	1,8
Quick Ratio	1,54	1,38	1,3	1,8
Equity Ratio	0,42	0,42	0,46	0,44
Gross Profit Margin	57,45 %	55,07 %	60,91 %	55,04 %