VOLSTAD MARITIME EIENDOM AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−0,22 %

Current Ratio

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 148 000	1 893 000	1 887 000	1 874 000
Net Income	−13 000	279 000	168 000	145 000
Total Assets	18 800 000	19 379 000	19 851 000	20 628 000
Total Equity	5 829 000	5 841 000	5 563 000	5 395 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 148 000	1 893 000	1 887 000	1 874 000
Expenditure	1 763 000	1 346 000	1 369 000	1 329 000
Operating Profit	386 000	547 000	518 000	545 000
Financial Income	2 000	0	0	2 000
Financial Costs	400 000	268 000	351 000	402 000
Financial Balance	−398 000	−268 000	−351 000	−400 000
Earnings Before Tax	−13 000	279 000	168 000	145 000
Tax	0	0	0	0
Net Income	−13 000	279 000	168 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 792 000	19 301 000	19 811 000	20 320 000
Total Current Assets	8 000	77 000	40 000	308 000
Total Assets	18 800 000	19 379 000	19 851 000	20 628 000
Total Retained Equity	1 005 000	1 018 000	739 000	571 000
Total Equity	5 829 000	5 841 000	5 563 000	5 395 000
Total Long-Term Debt	11 000 000	11 800 000	12 600 000	13 400 000
Total Current Debt	1 971 000	1 737 000	1 688 000	1 833 000
Total Equity and Debt	18 800 000	19 379 000	19 851 000	20 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 148 000	1 893 000	1 887 000	1 874 000
Other Income	0	0	0	0
Revenue	2 148 000	1 893 000	1 887 000	1 874 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	510 000	510 000	510 000	510 000
Impairment	0	0	0	0
Expenditure	1 763 000	1 346 000	1 369 000	1 329 000
Operating Profit	386 000	547 000	518 000	545 000
Financial Income	2 000	0	0	2 000
Financial Costs	400 000	268 000	351 000	402 000
Financial Balance	−398 000	−268 000	−351 000	−400 000
Dividends	0	0	0	0
Net Income	−13 000	279 000	168 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 792 000	19 301 000	19 811 000	20 320 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 792 000	19 301 000	19 811 000	20 320 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 792 000	19 301 000	19 811 000	20 320 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	71 000	36 000	294 000
Total Current Assets	8 000	77 000	40 000	308 000
Total Assets	18 800 000	19 379 000	19 851 000	20 628 000
Total Equity	5 829 000	5 841 000	5 563 000	5 395 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000 000	11 800 000	12 600 000	13 400 000
Creditors	399 000	255 000	253 000	331 000
Unpaid Taxes	21 000	0	0	91 000
Dividends	0	0	0	0
Other Current Debt	1 551 000	1 482 000	1 435 000	1 411 000
Total Current Debt	1 971 000	1 737 000	1 688 000	1 833 000
Total Equity and Debt	18 800 000	19 379 000	19 851 000	20 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,22 %	4,78 %	3,02 %	2,69 %
Debt-to-Equity Ratio	1,89	2,02	2,26	2,48
Operating Profit Margin	17,97 %	28,9 %	27,45 %	29,08 %
Current Ratio	0	0,04	0,02	0,17
Quick Ratio	0	0,04	0,02	0,17
Equity Ratio	0,31	0,3	0,28	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %