VOLOTECH AS

4072 RANDABERG

Finances

Share Ownership

Return on Equity

7,37 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 433 000	1 711 000	1 836 000	978 000
Net Income	93 000	92 000	211 000	29 000
Total Assets	3 654 000	3 344 000	2 909 000	2 191 000
Total Equity	1 262 000	1 169 000	1 077 000	865 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 433 000	1 711 000	1 836 000	978 000
Expenditure	1 310 000	1 637 000	1 799 000	1 085 000
Operating Profit	123 000	76 000	37 000	−106 000
Financial Income	11 000	76 000	199 000	144 000
Financial Costs	28 000	59 000	25 000	9 000
Financial Balance	−17 000	17 000	174 000	135 000
Earnings Before Tax	106 000	92 000	211 000	29 000
Tax	13 000	0	0	0
Net Income	93 000	92 000	211 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 000	178 000	223 000	278 000
Total Current Assets	3 257 000	3 166 000	2 687 000	1 913 000
Total Assets	3 654 000	3 344 000	2 909 000	2 191 000
Total Retained Equity	1 062 000	969 000	877 000	665 000
Total Equity	1 262 000	1 169 000	1 077 000	865 000
Total Long-Term Debt	69 000	111 000	149 000	192 000
Total Current Debt	2 323 000	2 065 000	1 684 000	1 133 000
Total Equity and Debt	3 654 000	3 344 000	2 909 000	2 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 432 000	1 710 000	1 835 000	977 000
Other Income	1 000	1 000	1 000	1 000
Revenue	1 433 000	1 711 000	1 836 000	978 000
Cost of Goods Sold	1 143 000	1 482 000	1 571 000	956 000
Salary Costs	0	3 000	5 000	0
Depreciation	36 000	45 000	56 000	37 000
Impairment	0	0	0	0
Expenditure	1 310 000	1 637 000	1 799 000	1 085 000
Operating Profit	123 000	76 000	37 000	−106 000
Financial Income	11 000	76 000	199 000	144 000
Financial Costs	28 000	59 000	25 000	9 000
Financial Balance	−17 000	17 000	174 000	135 000
Dividends	0	0	0	0
Net Income	93 000	92 000	211 000	29 000

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	143 000	178 000	223 000	278 000
Total Tangible Assets	143 000	178 000	223 000	278 000
Total Fiancial Fixed Assets	255 000	0	0	0
Total Fixed Assets	397 000	178 000	223 000	278 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	64 000	353 000	34 000
Total Current Assets	3 257 000	3 166 000	2 687 000	1 913 000
Total Assets	3 654 000	3 344 000	2 909 000	2 191 000
Total Equity	1 262 000	1 169 000	1 077 000	865 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	111 000	149 000	192 000
Creditors	2 323 000	2 066 000	1 703 000	1 255 000
Unpaid Taxes	−14 000	−6 000	−2 000	−122 000
Dividends	0	0	0	0
Other Current Debt	0	4 000	−17 000	0
Total Current Debt	2 323 000	2 065 000	1 684 000	1 133 000
Total Equity and Debt	3 654 000	3 344 000	2 909 000	2 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,37 %	7,87 %	19,59 %	3,35 %
Debt-to-Equity Ratio	0,05	0,09	0,14	0,22
Operating Profit Margin	8,58 %	4,44 %	2,02 %	−10,84 %
Current Ratio	1,4	1,53	1,6	1,69
Quick Ratio	1,4	1,53	1,6	1,69
Equity Ratio	0,35	0,35	0,37	0,39
Gross Profit Margin	20,24 %	13,38 %	14,43 %	2,25 %