VOLO HAIR & BEAUTY AS

0350 OSLO

Finances

Return on Equity

31,57 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 971 000	4 185 000	3 370 000	2 219 000
Net Income	−251 000	−66 000	−319 000	80 000
Total Assets	642 000	605 000	751 000	826 000
Total Equity	−795 000	−544 000	−479 000	−160 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 971 000	4 185 000	3 370 000	2 219 000
Expenditure	5 166 000	4 238 000	3 679 000	2 136 000
Operating Profit	−195 000	−53 000	−310 000	83 000
Financial Income	0	0	1 000	2 000
Financial Costs	56 000	13 000	10 000	5 000
Financial Balance	−56 000	−13 000	−9 000	−3 000
Earnings Before Tax	−251 000	−66 000	−319 000	80 000
Tax	0	0	0	0
Net Income	−251 000	−66 000	−319 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	338 000	419 000	475 000	564 000
Total Current Assets	304 000	185 000	276 000	263 000
Total Assets	642 000	605 000	751 000	826 000
Total Retained Equity	−1 019 000	−769 000	−703 000	−385 000
Total Equity	−795 000	−544 000	−479 000	−160 000
Total Long-Term Debt	667 000	799 000	805 000	747 000
Total Current Debt	769 000	350 000	424 000	239 000
Total Equity and Debt	642 000	605 000	751 000	826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 970 000	4 185 000	3 317 000	2 197 000
Other Income	1 000	0	52 000	23 000
Revenue	4 971 000	4 185 000	3 370 000	2 219 000
Cost of Goods Sold	3 082 000	1 965 000	1 345 000	801 000
Salary Costs	528 000	688 000	621 000	324 000
Depreciation	89 000	88 000	88 000	58 000
Impairment	0	0	0	0
Expenditure	5 166 000	4 238 000	3 679 000	2 136 000
Operating Profit	−195 000	−53 000	−310 000	83 000
Financial Income	0	0	1 000	2 000
Financial Costs	56 000	13 000	10 000	5 000
Financial Balance	−56 000	−13 000	−9 000	−3 000
Dividends	0	0	0	0
Net Income	−251 000	−66 000	−319 000	80 000

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	0	0	0
Fixtures	138 000	207 000	295 000	383 000
Total Tangible Assets	138 000	207 000	295 000	383 000
Total Fiancial Fixed Assets	200 000	213 000	180 000	181 000
Total Fixed Assets	338 000	419 000	475 000	564 000
Stock	115 000	7 000	7 000	7 000
Total Investments	0	0	0	0
Cash, Bank	158 000	119 000	242 000	250 000
Total Current Assets	304 000	185 000	276 000	263 000
Total Assets	642 000	605 000	751 000	826 000
Total Equity	−795 000	−544 000	−479 000	−160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	667 000	799 000	805 000	747 000
Creditors	292 000	54 000	224 000	133 000
Unpaid Taxes	149 000	136 000	98 000	58 000
Dividends	0	0	0	0
Other Current Debt	329 000	159 000	102 000	49 000
Total Current Debt	769 000	350 000	424 000	239 000
Total Equity and Debt	642 000	605 000	751 000	826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,57 %	12,13 %	66,6 %	−50 %
Debt-to-Equity Ratio	−0,84	−1,47	−1,68	−4,67
Operating Profit Margin	−3,92 %	−1,27 %	−9,2 %	3,74 %
Current Ratio	0,4	0,53	0,65	1,1
Quick Ratio	0,46	0,54	0,66	1,13
Equity Ratio	−1,24	−0,9	−0,64	−0,19
Gross Profit Margin	38 %	53,05 %	60,09 %	63,9 %