VOLVAT RENS AS

0369 OSLO

Finances

Share Ownership

Return on Equity

148,9 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 320 000	884 000	814 000	1 152 000
Net Income	271 000	−107 000	−182 000	210 000
Total Assets	915 000	496 000	517 000	651 000
Total Equity	182 000	−88 000	19 000	200 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 320 000	884 000	814 000	1 152 000
Expenditure	1 022 000	988 000	1 002 000	894 000
Operating Profit	298 000	−105 000	−189 000	258 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	1 000	0
Financial Balance	−3 000	−3 000	−1 000	0
Earnings Before Tax	295 000	−107 000	−190 000	258 000
Tax	24 000	0	−9 000	48 000
Net Income	271 000	−107 000	−182 000	210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	345 000	412 000	484 000	529 000
Total Current Assets	570 000	84 000	33 000	122 000
Total Assets	915 000	496 000	517 000	651 000
Total Retained Equity	152 000	−118 000	−11 000	170 000
Total Equity	182 000	−88 000	19 000	200 000
Total Long-Term Debt	13 000	60 000	0	25 000
Total Current Debt	720 000	525 000	498 000	426 000
Total Equity and Debt	915 000	496 000	517 000	651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 320 000	791 000	783 000	1 152 000
Other Income	0	94 000	30 000	0
Revenue	1 320 000	884 000	814 000	1 152 000
Cost of Goods Sold	20 000	22 000	10 000	17 000
Salary Costs	439 000	370 000	483 000	243 000
Depreciation	67 000	91 000	45 000	50 000
Impairment	0	0	0	0
Expenditure	1 022 000	988 000	1 002 000	894 000
Operating Profit	298 000	−105 000	−189 000	258 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	1 000	0
Financial Balance	−3 000	−3 000	−1 000	0
Dividends	0	0	0	0
Net Income	271 000	−107 000	−182 000	210 000

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	179 000	0	0	0
Fixtures	91 000	337 000	409 000	454 000
Total Tangible Assets	270 000	337 000	409 000	454 000
Total Fiancial Fixed Assets	75 000	75 000	75 000	75 000
Total Fixed Assets	345 000	412 000	484 000	529 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	565 000	84 000	33 000	113 000
Total Current Assets	570 000	84 000	33 000	122 000
Total Assets	915 000	496 000	517 000	651 000
Total Equity	182 000	−88 000	19 000	200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	60 000	0	25 000
Creditors	1 000	66 000	33 000	2 000
Unpaid Taxes	231 000	57 000	60 000	85 000
Dividends	0	0	0	0
Other Current Debt	478 000	402 000	404 000	316 000
Total Current Debt	720 000	525 000	498 000	426 000
Total Equity and Debt	915 000	496 000	517 000	651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	148,9 %	121,59 %	−957,89 %	105 %
Debt-to-Equity Ratio	0,07	−0,68	0	0,13
Operating Profit Margin	22,58 %	−11,88 %	−23,22 %	22,4 %
Current Ratio	0,79	0,16	0,07	0,29
Quick Ratio	0,79	0,16	0,07	0,29
Equity Ratio	0,2	−0,18	0,04	0,31
Gross Profit Margin	98,48 %	97,51 %	98,77 %	98,52 %