VOLLEN MOTOR AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

10,76 %

Current Ratio

2,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 882 000	6 489 000	8 621 000	8 117 000
Net Income	345 000	1 182 000	282 000	533 000
Total Assets	5 948 000	5 565 000	4 167 000	3 619 000
Total Equity	3 205 000	2 861 000	1 678 000	1 396 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 882 000	6 489 000	8 621 000	8 117 000
Expenditure	7 436 000	4 970 000	8 256 000	7 368 000
Operating Profit	445 000	1 519 000	365 000	749 000
Financial Income	1 000	7 000	29 000	3 000
Financial Costs	4 000	10 000	33 000	68 000
Financial Balance	−3 000	−3 000	−4 000	−65 000
Earnings Before Tax	442 000	1 516 000	362 000	683 000
Tax	97 000	334 000	80 000	151 000
Net Income	345 000	1 182 000	282 000	533 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	197 000	273 000	315 000	655 000
Total Current Assets	5 751 000	5 292 000	3 851 000	2 964 000
Total Assets	5 948 000	5 565 000	4 167 000	3 619 000
Total Retained Equity	3 005 000	2 661 000	1 478 000	1 196 000
Total Equity	3 205 000	2 861 000	1 678 000	1 396 000
Total Long-Term Debt	0	708 000	1 429 000	1 402 000
Total Current Debt	2 743 000	1 997 000	1 060 000	821 000
Total Equity and Debt	5 948 000	5 565 000	4 167 000	3 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 882 000	6 489 000	8 621 000	8 117 000
Other Income	0	0	0	0
Revenue	7 882 000	6 489 000	8 621 000	8 117 000
Cost of Goods Sold	3 296 000	2 340 000	3 613 000	3 473 000
Salary Costs	2 305 000	1 337 000	2 570 000	2 115 000
Depreciation	59 000	39 000	375 000	533 000
Impairment	0	0	0	0
Expenditure	7 436 000	4 970 000	8 256 000	7 368 000
Operating Profit	445 000	1 519 000	365 000	749 000
Financial Income	1 000	7 000	29 000	3 000
Financial Costs	4 000	10 000	33 000	68 000
Financial Balance	−3 000	−3 000	−4 000	−65 000
Dividends	0	0	0	0
Net Income	345 000	1 182 000	282 000	533 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	316 000
Total Intangible Assets	118 000	135 000	138 000	418 000
Real Eastate	55 000	67 000	75 000	86 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	71 000	103 000	150 000
Total Tangible Assets	79 000	138 000	178 000	237 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	197 000	273 000	315 000	655 000
Stock	1 101 000	971 000	999 000	783 000
Total Investments	0	0	0	0
Cash, Bank	3 107 000	2 757 000	1 884 000	809 000
Total Current Assets	5 751 000	5 292 000	3 851 000	2 964 000
Total Assets	5 948 000	5 565 000	4 167 000	3 619 000
Total Equity	3 205 000	2 861 000	1 678 000	1 396 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	708 000	1 429 000	1 402 000
Creditors	1 370 000	676 000	380 000	249 000
Unpaid Taxes	498 000	273 000	141 000	169 000
Dividends	0	0	0	0
Other Current Debt	795 000	717 000	423 000	191 000
Total Current Debt	2 743 000	1 997 000	1 060 000	821 000
Total Equity and Debt	5 948 000	5 565 000	4 167 000	3 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,76 %	41,31 %	16,81 %	38,18 %
Debt-to-Equity Ratio	0	0,25	0,85	1
Operating Profit Margin	5,65 %	23,41 %	4,23 %	9,23 %
Current Ratio	2,1	2,65	3,63	3,61
Quick Ratio	3,5	5,16	63,13	78
Equity Ratio	0,54	0,51	0,4	0,39
Gross Profit Margin	58,18 %	63,94 %	58,09 %	57,21 %