VOLT DESIGN AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

−21,92 %

Current Ratio

1,4

Debt-to-Equity Ratio

2,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 040 000	1 176 000	1 240 000	747 000
Net Income	−16 000	23 000	44 000	−9 000
Total Assets	429 000	302 000	145 000	149 000
Total Equity	73 000	89 000	66 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 040 000	1 176 000	1 240 000	747 000
Expenditure	1 049 000	1 145 000	1 185 000	756 000
Operating Profit	−10 000	31 000	54 000	−9 000
Financial Income	0	0	0	0
Financial Costs	7 000	1 000	0	0
Financial Balance	−7 000	−1 000	0	0
Earnings Before Tax	−16 000	30 000	54 000	−9 000
Tax	−1 000	7 000	10 000	0
Net Income	−16 000	23 000	44 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	182 000	60 000	0	0
Total Current Assets	247 000	243 000	145 000	149 000
Total Assets	429 000	302 000	145 000	149 000
Total Retained Equity	43 000	59 000	36 000	−9 000
Total Equity	73 000	89 000	66 000	21 000
Total Long-Term Debt	179 000	7 000	0	0
Total Current Debt	177 000	207 000	79 000	127 000
Total Equity and Debt	429 000	302 000	145 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 040 000	1 176 000	1 240 000	747 000
Other Income	0	0	0	0
Revenue	1 040 000	1 176 000	1 240 000	747 000
Cost of Goods Sold	469 000	716 000	709 000	419 000
Salary Costs	238 000	139 000	218 000	224 000
Depreciation	27 000	15 000	0	0
Impairment	0	0	0	0
Expenditure	1 049 000	1 145 000	1 185 000	756 000
Operating Profit	−10 000	31 000	54 000	−9 000
Financial Income	0	0	0	0
Financial Costs	7 000	1 000	0	0
Financial Balance	−7 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−16 000	23 000	44 000	−9 000

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	182 000	60 000	0	0
Total Tangible Assets	182 000	60 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	182 000	60 000	0	0
Stock	5 000	5 000	5 000	12 000
Total Investments	0	0	0	0
Cash, Bank	192 000	195 000	115 000	9 000
Total Current Assets	247 000	243 000	145 000	149 000
Total Assets	429 000	302 000	145 000	149 000
Total Equity	73 000	89 000	66 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	179 000	7 000	0	0
Creditors	80 000	154 000	31 000	82 000
Unpaid Taxes	51 000	10 000	17 000	16 000
Dividends	0	0	0	0
Other Current Debt	47 000	37 000	21 000	29 000
Total Current Debt	177 000	207 000	79 000	127 000
Total Equity and Debt	429 000	302 000	145 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,92 %	25,84 %	66,67 %	−42,86 %
Debt-to-Equity Ratio	2,45	0,08	0	0
Operating Profit Margin	−0,96 %	2,64 %	4,35 %	−1,2 %
Current Ratio	1,4	1,17	1,84	1,17
Quick Ratio	1,44	1,2	1,96	1,3
Equity Ratio	0,17	0,29	0,46	0,14
Gross Profit Margin	54,9 %	39,12 %	42,82 %	43,91 %