VOLITION

0154 OSLO

Finances

Share Ownership

Return on Equity

47,28 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2017	2016	2015
Revenue	9 654 000	4 600 000	34 279 000
Net Income	261 000	97 000	1 499 000
Total Assets	1 276 000	528 000	10 980 000
Total Equity	552 000	291 000	1 859 000

Income (NOK)	2017	2016	2015
Revenue	9 654 000	4 600 000	34 279 000
Expenditure	9 393 000	4 503 000	32 352 000
Operating Profit	260 000	97 000	1 926 000
Financial Income	1 000	0	6 000
Financial Costs	0	0	32 000
Financial Balance	1 000	0	−26 000
Earnings Before Tax	261 000	97 000	1 900 000
Tax	0	0	425 000
Net Income	261 000	97 000	1 499 000

Balance (NOK)	2017	2016	2015
Total Fixed Assets	0	0	2 102 000
Total Current Assets	1 276 000	528 000	8 878 000
Total Assets	1 276 000	528 000	10 980 000
Total Retained Equity	552 000	291 000	1 809 000
Total Equity	552 000	291 000	1 859 000
Total Long-Term Debt	36 000	0	926 000
Total Current Debt	688 000	237 000	8 195 000
Total Equity and Debt	1 276 000	528 000	10 980 000

Cash flow (NOK)	2017	2016	2015
Sales Income	9 654 000	4 600 000	34 279 000
Other Income	0	−1 000	0
Revenue	9 654 000	4 600 000	34 279 000
Cost of Goods Sold	8 814 000	4 176 000	29 425 000
Salary Costs	0	0	2 767 000
Depreciation	0	0	160 000
Impairment	0	0	0
Expenditure	9 393 000	4 503 000	32 352 000
Operating Profit	260 000	97 000	1 926 000
Financial Income	1 000	0	6 000
Financial Costs	0	0	32 000
Financial Balance	1 000	0	−26 000
Dividends	0	0	0
Net Income	261 000	97 000	1 499 000

Balance details (NOK)	2017	2016	2015
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	1 955 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	147 000
Total Tangible Assets	0	0	2 102 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	2 102 000
Stock	0	0	2 293 000
Total Investments	0	0	0
Cash, Bank	1 069 000	333 000	5 021 000
Total Current Assets	1 276 000	528 000	8 878 000
Total Assets	1 276 000	528 000	10 980 000
Total Equity	552 000	291 000	1 859 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	36 000	0	926 000
Creditors	414 000	222 000	4 534 000
Unpaid Taxes	273 000	0	0
Dividends	0	0	0
Other Current Debt	0	15 000	3 106 000
Total Current Debt	688 000	237 000	8 195 000
Total Equity and Debt	1 276 000	528 000	10 980 000

Financial indicators	2017	2016	2015
Return on Equity	47,28 %	33,33 %	80,63 %
Debt-to-Equity Ratio	0,07	0	0,5
Operating Profit Margin	2,69 %	2,11 %	5,62 %
Current Ratio	1,85	2,23	1,08
Quick Ratio	1,85	2,23	1,5
Equity Ratio	0,43	0,55	0,17
Gross Profit Margin	8,7 %	9,22 %	14,16 %