VOLUND INDUSTRI AS

9515 ALTA

Finances

Share Ownership

Return on Equity

116,98 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0,29

Key figures (NOK)	2022	2021	2020
Revenue	241 000	559 000	83 000
Net Income	−124 000	−22 000	10 000
Total Assets	137 000	210 000	147 000
Total Equity	−106 000	18 000	40 000

Income (NOK)	2022	2021	2020
Revenue	241 000	559 000	83 000
Expenditure	389 000	587 000	71 000
Operating Profit	−148 000	−28 000	12 000
Financial Income	0	0	1 000
Financial Costs	0	0	0
Financial Balance	0	0	1 000
Earnings Before Tax	−148 000	−28 000	13 000
Tax	−24 000	−6 000	3 000
Net Income	−124 000	−22 000	10 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	134 000	173 000	123 000
Total Current Assets	2 000	37 000	24 000
Total Assets	137 000	210 000	147 000
Total Retained Equity	−136 000	−12 000	10 000
Total Equity	−106 000	18 000	40 000
Total Long-Term Debt	31 000	5 000	95 000
Total Current Debt	211 000	187 000	12 000
Total Equity and Debt	137 000	210 000	147 000

Cash flow (NOK)	2022	2021	2020
Sales Income	241 000	559 000	58 000
Other Income	0	0	25 000
Revenue	241 000	559 000	83 000
Cost of Goods Sold	4 000	13 000	2 000
Salary Costs	264 000	237 000	0
Depreciation	63 000	63 000	11 000
Impairment	0	0	0
Expenditure	389 000	587 000	71 000
Operating Profit	−148 000	−28 000	12 000
Financial Income	0	0	1 000
Financial Costs	0	0	0
Financial Balance	0	0	1 000
Dividends	0	0	0
Net Income	−124 000	−22 000	10 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	28 000	3 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	107 000	170 000	123 000
Total Tangible Assets	107 000	170 000	123 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	134 000	173 000	123 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	50 000	16 000	11 000
Total Current Assets	2 000	37 000	24 000
Total Assets	137 000	210 000	147 000
Total Equity	−106 000	18 000	40 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	31 000	5 000	95 000
Creditors	164 000	154 000	0
Unpaid Taxes	12 000	0	12 000
Dividends	0	0	0
Other Current Debt	35 000	33 000	0
Total Current Debt	211 000	187 000	12 000
Total Equity and Debt	137 000	210 000	147 000

Financial indicators	2022	2021	2020
Return on Equity	116,98 %	−122,22 %	25 %
Debt-to-Equity Ratio	−0,29	0,28	2,38
Operating Profit Margin	−61,41 %	−5,01 %	14,46 %
Current Ratio	0,01	0,2	2
Quick Ratio	0,01	0,2	2
Equity Ratio	−0,77	0,09	0,27
Gross Profit Margin	98,34 %	97,67 %	97,59 %