VOLLAN 18 AS

6300 ÅNDALSNES

Finances

Return on Equity

2,81 %

Current Ratio

2,01

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 000	1 120 000	357 000	230 000
Net Income	45 000	742 000	140 000	40 000
Total Assets	2 556 000	2 565 000	2 063 000	1 967 000
Total Equity	1 600 000	1 556 000	814 000	674 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 000	1 120 000	357 000	230 000
Expenditure	172 000	160 000	157 000	154 000
Operating Profit	57 000	960 000	200 000	75 000
Financial Income	0	0	3 000	2 000
Financial Costs	0	9 000	22 000	24 000
Financial Balance	0	−9 000	−19 000	−22 000
Earnings Before Tax	57 000	951 000	180 000	54 000
Tax	13 000	209 000	41 000	14 000
Net Income	45 000	742 000	140 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	896 000	940 000	985 000	1 029 000
Total Current Assets	1 661 000	1 625 000	1 078 000	938 000
Total Assets	2 556 000	2 565 000	2 063 000	1 967 000
Total Retained Equity	1 492 000	1 447 000	706 000	566 000
Total Equity	1 600 000	1 556 000	814 000	674 000
Total Long-Term Debt	130 000	164 000	376 000	463 000
Total Current Debt	826 000	846 000	873 000	829 000
Total Equity and Debt	2 556 000	2 565 000	2 063 000	1 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	230 000	1 120 000	357 000	230 000
Revenue	230 000	1 120 000	357 000	230 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	44 000	44 000	44 000	44 000
Impairment	0	0	0	0
Expenditure	172 000	160 000	157 000	154 000
Operating Profit	57 000	960 000	200 000	75 000
Financial Income	0	0	3 000	2 000
Financial Costs	0	9 000	22 000	24 000
Financial Balance	0	−9 000	−19 000	−22 000
Dividends	0	0	0	0
Net Income	45 000	742 000	140 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	896 000	940 000	985 000	1 029 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	896 000	940 000	985 000	1 029 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	896 000	940 000	985 000	1 029 000
Stock	0	0	0	0
Total Investments	3 000	3 000	0	0
Cash, Bank	217 000	469 000	13 000	4 000
Total Current Assets	1 661 000	1 625 000	1 078 000	938 000
Total Assets	2 556 000	2 565 000	2 063 000	1 967 000
Total Equity	1 600 000	1 556 000	814 000	674 000
Short-Term Group Debt	750 000	750 000	760 000	760 000
Total Long-Term Debt	130 000	164 000	376 000	463 000
Creditors	−6 000	6 000	1 000	13 000
Unpaid Taxes	36 000	36 000	70 000	42 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	826 000	846 000	873 000	829 000
Total Equity and Debt	2 556 000	2 565 000	2 063 000	1 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,81 %	47,69 %	17,2 %	5,93 %
Debt-to-Equity Ratio	0,08	0,11	0,46	0,69
Operating Profit Margin	24,78 %	85,71 %	56,02 %	32,61 %
Current Ratio	2,01	1,92	1,23	1,13
Quick Ratio	2,01	1,92	1,23	1,13
Equity Ratio	0,63	0,61	0,39	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %