VOLART AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

−28,21 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	288 000	284 000	282 000	408 000
Net Income	−11 000	0	15 000	1 000
Total Assets	148 000	156 000	178 000	203 000
Total Equity	39 000	50 000	50 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	288 000	284 000	282 000	408 000
Expenditure	299 000	283 000	263 000	408 000
Operating Profit	−11 000	1 000	19 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−11 000	0	19 000	1 000
Tax	0	0	4 000	0
Net Income	−11 000	0	15 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	27 000	34 000	43 000
Total Current Assets	126 000	128 000	144 000	160 000
Total Assets	148 000	156 000	178 000	203 000
Total Retained Equity	9 000	20 000	20 000	5 000
Total Equity	39 000	50 000	50 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	109 000	105 000	128 000	167 000
Total Equity and Debt	148 000	156 000	178 000	203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	288 000	284 000	282 000	408 000
Revenue	288 000	284 000	282 000	408 000
Cost of Goods Sold	42 000	57 000	23 000	85 000
Salary Costs	0	0	0	0
Depreciation	5 000	7 000	9 000	11 000
Impairment	0	0	0	0
Expenditure	299 000	283 000	263 000	408 000
Operating Profit	−11 000	1 000	19 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−11 000	0	15 000	1 000

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	22 000	27 000	34 000	43 000
Fixtures	0	0	0	0
Total Tangible Assets	22 000	27 000	34 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	27 000	34 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	42 000	144 000	133 000
Total Current Assets	126 000	128 000	144 000	160 000
Total Assets	148 000	156 000	178 000	203 000
Total Equity	39 000	50 000	50 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	38 000	167 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	109 000	105 000	86 000	0
Total Current Debt	109 000	105 000	128 000	167 000
Total Equity and Debt	148 000	156 000	178 000	203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,21 %	0 %	30 %	2,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,82 %	0,35 %	6,74 %	0,25 %
Current Ratio	1,16	1,22	1,13	0,96
Quick Ratio	1,16	1,22	1,13	0,96
Equity Ratio	0,26	0,32	0,28	0,17
Gross Profit Margin	85,42 %	79,93 %	91,84 %	79,17 %