VOLDA ØRSTA FLYKLUBB EIGEDOM AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

1,83 %

Current Ratio

3,53

Debt-to-Equity Ratio

3,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	345 000	369 000	362 000
Net Income	19 000	−196 000	−463 000	−22 000
Total Assets	4 519 000	4 742 000	3 556 000	4 765 000
Total Equity	1 038 000	1 019 000	1 215 000	1 679 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	345 000	369 000	362 000
Expenditure	251 000	488 000	890 000	251 000
Operating Profit	168 000	−143 000	−521 000	111 000
Financial Income	0	0	0	0
Financial Costs	143 000	108 000	106 000	139 000
Financial Balance	−143 000	−108 000	−106 000	−139 000
Earnings Before Tax	25 000	−252 000	−627 000	−28 000
Tax	5 000	−55 000	−163 000	−6 000
Net Income	19 000	−196 000	−463 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 057 000	4 591 000	2 761 000	4 686 000
Total Current Assets	463 000	151 000	794 000	79 000
Total Assets	4 519 000	4 742 000	3 556 000	4 765 000
Total Retained Equity	0	0	0	−219 000
Total Equity	1 038 000	1 019 000	1 215 000	1 679 000
Total Long-Term Debt	3 350 000	3 364 000	2 250 000	3 064 000
Total Current Debt	131 000	359 000	90 000	23 000
Total Equity and Debt	4 519 000	4 742 000	3 556 000	4 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	30 000	0	0
Other Income	420 000	315 000	369 000	362 000
Revenue	420 000	345 000	369 000	362 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	98 000	398 000	68 000	133 000
Impairment	0	0	0	0
Expenditure	251 000	488 000	890 000	251 000
Operating Profit	168 000	−143 000	−521 000	111 000
Financial Income	0	0	0	0
Financial Costs	143 000	108 000	106 000	139 000
Financial Balance	−143 000	−108 000	−106 000	−139 000
Dividends	0	0	0	0
Net Income	19 000	−196 000	−463 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	275 000	280 000	225 000	62 000
Real Eastate	3 782 000	4 311 000	2 536 000	4 624 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 782 000	4 311 000	2 536 000	4 624 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 057 000	4 591 000	2 761 000	4 686 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	350 000	1 000	502 000	57 000
Total Current Assets	463 000	151 000	794 000	79 000
Total Assets	4 519 000	4 742 000	3 556 000	4 765 000
Total Equity	1 038 000	1 019 000	1 215 000	1 679 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 350 000	3 364 000	2 250 000	3 064 000
Creditors	131 000	259 000	88 000	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	100 000	2 000	0
Total Current Debt	131 000	359 000	90 000	23 000
Total Equity and Debt	4 519 000	4 742 000	3 556 000	4 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,83 %	−19,23 %	−38,11 %	−1,31 %
Debt-to-Equity Ratio	3,23	3,3	1,85	1,82
Operating Profit Margin	40 %	−41,45 %	−141,19 %	30,66 %
Current Ratio	3,53	0,42	8,82	3,43
Quick Ratio	3,53	0,42	8,82	3,43
Equity Ratio	0,23	0,21	0,34	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %