VOLLGATEN 17 AS

4400 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

80,13 %

Current Ratio

0,2

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 068 000	716 000	216 000	207 000
Net Income	−617 000	46 000	−117 000	−215 000
Total Assets	263 000	256 000	134 000	116 000
Total Equity	−770 000	−327 000	−373 000	−256 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 068 000	716 000	216 000	207 000
Expenditure	1 661 000	826 000	333 000	423 000
Operating Profit	−594 000	53 000	−117 000	−216 000
Financial Income	0	0	0	1 000
Financial Costs	23 000	7 000	0	0
Financial Balance	−23 000	−7 000	0	1 000
Earnings Before Tax	−617 000	46 000	−117 000	−215 000
Tax	0	0	0	0
Net Income	−617 000	46 000	−117 000	−215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	11 000	0	0
Total Current Assets	207 000	244 000	134 000	116 000
Total Assets	263 000	256 000	134 000	116 000
Total Retained Equity	−791 000	−348 000	−394 000	−277 000
Total Equity	−770 000	−327 000	−373 000	−256 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 033 000	582 000	507 000	372 000
Total Equity and Debt	263 000	256 000	134 000	116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 044 000	589 000	160 000	134 000
Other Income	24 000	127 000	56 000	73 000
Revenue	1 068 000	716 000	216 000	207 000
Cost of Goods Sold	564 000	457 000	49 000	34 000
Salary Costs	633 000	123 000	160 000	171 000
Depreciation	6 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	1 661 000	826 000	333 000	423 000
Operating Profit	−594 000	53 000	−117 000	−216 000
Financial Income	0	0	0	1 000
Financial Costs	23 000	7 000	0	0
Financial Balance	−23 000	−7 000	0	1 000
Dividends	0	0	0	0
Net Income	−617 000	46 000	−117 000	−215 000

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	56 000	11 000	0	0
Total Tangible Assets	56 000	11 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 000	11 000	0	0
Stock	163 000	163 000	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	54 000	115 000	105 000
Total Current Assets	207 000	244 000	134 000	116 000
Total Assets	263 000	256 000	134 000	116 000
Total Equity	−770 000	−327 000	−373 000	−256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	158 000	180 000	121 000	84 000
Unpaid Taxes	72 000	33 000	26 000	19 000
Dividends	0	0	0	0
Other Current Debt	802 000	370 000	360 000	269 000
Total Current Debt	1 033 000	582 000	507 000	372 000
Total Equity and Debt	263 000	256 000	134 000	116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,13 %	−14,07 %	31,37 %	83,98 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−55,62 %	7,4 %	−54,17 %	−104,35 %
Current Ratio	0,2	0,42	0,26	0,31
Quick Ratio	0,24	0,58	0,26	0,31
Equity Ratio	−2,93	−1,28	−2,78	−2,21
Gross Profit Margin	47,19 %	36,17 %	77,31 %	83,57 %