VOLTE AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

−26,98 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	274 161 000	41 766 000	2 429 000	455 000
Net Income	−22 592 000	−11 707 000	−2 784 000	−1 120 000
Total Assets	147 041 000	67 191 000	13 872 000	10 686 000
Total Equity	83 731 000	20 140 000	9 939 000	10 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	274 161 000	41 766 000	2 429 000	455 000
Expenditure	302 658 000	56 583 000	6 030 000	1 983 000
Operating Profit	−28 498 000	−14 818 000	−3 601 000	−1 528 000
Financial Income	102 000	2 000	41 000	101 000
Financial Costs	555 000	186 000	10 000	12 000
Financial Balance	−453 000	−184 000	31 000	89 000
Earnings Before Tax	−28 951 000	−15 001 000	−3 569 000	−1 439 000
Tax	−6 359 000	−3 294 000	−785 000	−319 000
Net Income	−22 592 000	−11 707 000	−2 784 000	−1 120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 086 000	21 441 000	5 261 000	427 000
Total Current Assets	116 955 000	45 750 000	8 611 000	10 259 000
Total Assets	147 041 000	67 191 000	13 872 000	10 686 000
Total Retained Equity	0	0	0	0
Total Equity	83 731 000	20 140 000	9 939 000	10 000 000
Total Long-Term Debt	0	47 000	0	0
Total Current Debt	63 309 000	47 003 000	3 933 000	686 000
Total Equity and Debt	147 041 000	67 191 000	13 872 000	10 686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	273 272 000	41 766 000	2 429 000	455 000
Other Income	888 000	0	0	0
Revenue	274 161 000	41 766 000	2 429 000	455 000
Cost of Goods Sold	269 616 000	40 578 000	2 010 000	469 000
Salary Costs	16 093 000	7 315 000	2 608 000	986 000
Depreciation	4 603 000	652 000	135 000	0
Impairment	0	0	90 000	0
Expenditure	302 658 000	56 583 000	6 030 000	1 983 000
Operating Profit	−28 498 000	−14 818 000	−3 601 000	−1 528 000
Financial Income	102 000	2 000	41 000	101 000
Financial Costs	555 000	186 000	10 000	12 000
Financial Balance	−453 000	−184 000	31 000	89 000
Dividends	0	0	0	0
Net Income	−22 592 000	−11 707 000	−2 784 000	−1 120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 352 000	21 387 000	5 261 000	427 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	53 000	53 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	53 000	53 000	0	0
Total Fiancial Fixed Assets	681 000	0	0	0
Total Fixed Assets	30 086 000	21 441 000	5 261 000	427 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	25 774 000	0	0	0
Total Current Assets	116 955 000	45 750 000	8 611 000	10 259 000
Total Assets	147 041 000	67 191 000	13 872 000	10 686 000
Total Equity	83 731 000	20 140 000	9 939 000	10 000 000
Short-Term Group Debt	0	21 005 000	2 499 000	0
Total Long-Term Debt	0	47 000	0	0
Creditors	6 454 000	1 159 000	296 000	14 000
Unpaid Taxes	1 151 000	682 000	186 000	135 000
Dividends	0	0	0	0
Other Current Debt	55 705 000	24 157 000	952 000	537 000
Total Current Debt	63 309 000	47 003 000	3 933 000	686 000
Total Equity and Debt	147 041 000	67 191 000	13 872 000	10 686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,98 %	−58,13 %	−28,01 %	−11,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,39 %	−35,48 %	−148,25 %	−335,82 %
Current Ratio	1,85	0,97	2,19	14,95
Quick Ratio	1,85	0,97	2,19	14,95
Equity Ratio	0,57	0,3	0,72	0,94
Gross Profit Margin	1,66 %	2,84 %	17,25 %	−3,08 %