VOLVO MASKIN AS

1449 DRØBAK

Finances

Share Ownership

Return on Equity

27,44 %

Current Ratio

1,15

Debt-to-Equity Ratio

1,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 104 509 000	3 876 035 000	3 698 684 000	3 826 432 000
Net Income	95 772 000	133 841 000	127 024 000	131 358 000
Total Assets	2 159 893 000	1 932 681 000	1 819 765 000	2 016 025 000
Total Equity	348 966 000	377 249 000	307 721 000	241 080 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 104 509 000	3 876 035 000	3 698 684 000	3 826 432 000
Expenditure	3 977 716 000	3 702 498 000	3 533 829 000	3 654 578 000
Operating Profit	126 793 000	173 537 000	164 854 000	171 854 000
Financial Income	1 116 000	2 284 000	2 650 000	1 488 000
Financial Costs	4 536 000	3 863 000	4 623 000	4 729 000
Financial Balance	−3 420 000	−1 579 000	−1 973 000	−3 241 000
Earnings Before Tax	123 373 000	171 958 000	162 882 000	168 612 000
Tax	27 601 000	38 117 000	35 858 000	37 254 000
Net Income	95 772 000	133 841 000	127 024 000	131 358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	848 614 000	931 917 000	999 157 000	1 127 782 000
Total Current Assets	1 311 279 000	1 000 764 000	820 607 000	888 243 000
Total Assets	2 159 893 000	1 932 681 000	1 819 765 000	2 016 025 000
Total Retained Equity	328 966 000	357 249 000	287 721 000	221 080 000
Total Equity	348 966 000	377 249 000	307 721 000	241 080 000
Total Long-Term Debt	670 951 000	866 583 000	951 592 000	1 078 894 000
Total Current Debt	1 139 976 000	688 848 000	560 452 000	696 051 000
Total Equity and Debt	2 159 893 000	1 932 681 000	1 819 765 000	2 016 025 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 100 187 000	3 871 497 000	3 692 276 000	3 822 910 000
Other Income	4 322 000	4 538 000	6 407 000	3 522 000
Revenue	4 104 509 000	3 876 035 000	3 698 684 000	3 826 432 000
Cost of Goods Sold	3 333 928 000	3 056 537 000	2 911 243 000	3 017 251 000
Salary Costs	238 299 000	239 069 000	228 626 000	230 223 000
Depreciation	191 478 000	213 632 000	214 851 000	227 357 000
Impairment	0	0	0	0
Expenditure	3 977 716 000	3 702 498 000	3 533 829 000	3 654 578 000
Operating Profit	126 793 000	173 537 000	164 854 000	171 854 000
Financial Income	1 116 000	2 284 000	2 650 000	1 488 000
Financial Costs	4 536 000	3 863 000	4 623 000	4 729 000
Financial Balance	−3 420 000	−1 579 000	−1 973 000	−3 241 000
Dividends	125 000 000	65 000 000	60 000 000	120 000 000
Net Income	95 772 000	133 841 000	127 024 000	131 358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 374 000	42 638 000	45 870 000	50 339 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	634 778 000	814 018 000	893 396 000	1 011 837 000
Fixtures	177 958 000	74 922 000	59 416 000	65 275 000
Total Tangible Assets	812 736 000	888 940 000	952 812 000	1 077 112 000
Total Fiancial Fixed Assets	504 000	339 000	475 000	331 000
Total Fixed Assets	848 614 000	931 917 000	999 157 000	1 127 782 000
Stock	589 506 000	356 764 000	272 176 000	372 721 000
Total Investments	0	0	0	0
Cash, Bank	1 751 000	1 754 000	1 750 000	2 004 000
Total Current Assets	1 311 279 000	1 000 764 000	820 607 000	888 243 000
Total Assets	2 159 893 000	1 932 681 000	1 819 765 000	2 016 025 000
Total Equity	348 966 000	377 249 000	307 721 000	241 080 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	670 951 000	866 583 000	951 592 000	1 078 894 000
Creditors	411 572 000	328 650 000	230 072 000	240 358 000
Unpaid Taxes	128 770 000	132 505 000	114 448 000	146 581 000
Dividends	125 000 000	65 000 000	60 000 000	120 000 000
Other Current Debt	454 306 000	127 809 000	124 542 000	149 768 000
Total Current Debt	1 139 976 000	688 848 000	560 452 000	696 051 000
Total Equity and Debt	2 159 893 000	1 932 681 000	1 819 765 000	2 016 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,44 %	35,48 %	41,28 %	54,49 %
Debt-to-Equity Ratio	1,92	2,3	3,09	4,48
Operating Profit Margin	3,09 %	4,48 %	4,46 %	4,49 %
Current Ratio	1,15	1,45	1,46	1,28
Quick Ratio	2,38	3,01	2,85	2,75
Equity Ratio	0,16	0,2	0,17	0,12
Gross Profit Margin	18,77 %	21,14 %	21,29 %	21,15 %