VOLANS AS

1448 DRØBAK

Finances

Share Ownership

Return on Equity

11,3 %

Current Ratio

1,18

Debt-to-Equity Ratio

1,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	82 788 000	75 061 000	55 781 000	49 350 000
Net Income	95 000	544 000	74 000	20 000
Total Assets	13 965 000	11 002 000	7 485 000	5 585 000
Total Equity	841 000	746 000	203 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	82 788 000	75 061 000	55 781 000	49 350 000
Expenditure	82 366 000	73 754 000	55 277 000	49 086 000
Operating Profit	422 000	1 306 000	504 000	214 000
Financial Income	206 000	123 000	28 000	0
Financial Costs	508 000	734 000	342 000	177 000
Financial Balance	−302 000	−611 000	−314 000	−177 000
Earnings Before Tax	120 000	696 000	190 000	37 000
Tax	25 000	152 000	116 000	17 000
Net Income	95 000	544 000	74 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	8 000	12 000	17 000
Total Current Assets	13 870 000	10 994 000	7 473 000	5 568 000
Total Assets	13 965 000	11 002 000	7 485 000	5 585 000
Total Retained Equity	741 000	646 000	103 000	29 000
Total Equity	841 000	746 000	203 000	129 000
Total Long-Term Debt	1 359 000	1 932 000	0	5 000
Total Current Debt	11 765 000	8 324 000	7 283 000	5 452 000
Total Equity and Debt	13 965 000	11 002 000	7 485 000	5 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	82 583 000	74 728 000	55 363 000	49 108 000
Other Income	204 000	333 000	418 000	242 000
Revenue	82 788 000	75 061 000	55 781 000	49 350 000
Cost of Goods Sold	77 562 000	70 528 000	53 325 000	47 264 000
Salary Costs	2 573 000	1 515 000	749 000	911 000
Depreciation	27 000	4 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	82 366 000	73 754 000	55 277 000	49 086 000
Operating Profit	422 000	1 306 000	504 000	214 000
Financial Income	206 000	123 000	28 000	0
Financial Costs	508 000	734 000	342 000	177 000
Financial Balance	−302 000	−611 000	−314 000	−177 000
Dividends	0	0	0	0
Net Income	95 000	544 000	74 000	20 000

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	95 000	8 000	12 000	17 000
Total Tangible Assets	95 000	8 000	12 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	95 000	8 000	12 000	17 000
Stock	10 174 000	7 805 000	5 259 000	3 581 000
Total Investments	0	0	0	0
Cash, Bank	1 407 000	1 912 000	1 109 000	671 000
Total Current Assets	13 870 000	10 994 000	7 473 000	5 568 000
Total Assets	13 965 000	11 002 000	7 485 000	5 585 000
Total Equity	841 000	746 000	203 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 359 000	1 932 000	0	5 000
Creditors	2 096 000	301 000	4 307 000	3 246 000
Unpaid Taxes	896 000	772 000	904 000	607 000
Dividends	0	0	0	0
Other Current Debt	963 000	1 880 000	1 951 000	1 599 000
Total Current Debt	11 765 000	8 324 000	7 283 000	5 452 000
Total Equity and Debt	13 965 000	11 002 000	7 485 000	5 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,3 %	72,92 %	36,45 %	15,5 %
Debt-to-Equity Ratio	1,62	2,59	0	0,04
Operating Profit Margin	0,51 %	1,74 %	0,9 %	0,43 %
Current Ratio	1,18	1,32	1,03	1,02
Quick Ratio	8,72	21,18	3,69	2,98
Equity Ratio	0,06	0,07	0,03	0,02
Gross Profit Margin	6,31 %	6,04 %	4,4 %	4,23 %