VOLSEN AS

2224 AUSTMARKA

Finances

Share Ownership

Return on Equity

1,21 %

Current Ratio

0,34

Debt-to-Equity Ratio

2,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	199 000	3 982 000	427 000	394 000
Net Income	25 000	2 549 000	54 000	8 000
Total Assets	7 880 000	4 156 000	8 268 000	8 388 000
Total Equity	2 067 000	2 042 000	1 993 000	1 939 000

Income (NOK)	2022	2021	2020	2019
Revenue	199 000	3 982 000	427 000	394 000
Expenditure	131 000	591 000	153 000	166 000
Operating Profit	68 000	3 391 000	274 000	228 000
Financial Income	0	0	0	0
Financial Costs	36 000	123 000	205 000	218 000
Financial Balance	−36 000	−123 000	−205 000	−218 000
Earnings Before Tax	32 000	3 268 000	69 000	10 000
Tax	7 000	719 000	15 000	2 000
Net Income	25 000	2 549 000	54 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 735 000	2 784 000	8 239 000	8 231 000
Total Current Assets	145 000	1 373 000	29 000	157 000
Total Assets	7 880 000	4 156 000	8 268 000	8 388 000
Total Retained Equity	1 267 000	1 242 000	1 193 000	1 139 000
Total Equity	2 067 000	2 042 000	1 993 000	1 939 000
Total Long-Term Debt	5 385 000	1 793 000	6 250 000	6 306 000
Total Current Debt	429 000	321 000	25 000	143 000
Total Equity and Debt	7 880 000	4 156 000	8 268 000	8 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	199 000	0	0	394 000
Other Income	0	3 982 000	427 000	0
Revenue	199 000	3 982 000	427 000	394 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	8 000	18 000	0
Impairment	0	0	0	0
Expenditure	131 000	591 000	153 000	166 000
Operating Profit	68 000	3 391 000	274 000	228 000
Financial Income	0	0	0	0
Financial Costs	36 000	123 000	205 000	218 000
Financial Balance	−36 000	−123 000	−205 000	−218 000
Dividends	0	0	0	0
Net Income	25 000	2 549 000	54 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 701 000	2 750 000	8 188 000	8 188 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	34 000	50 000	41 000
Total Tangible Assets	7 735 000	2 784 000	8 238 000	8 230 000
Total Fiancial Fixed Assets	0	0	1 000	1 000
Total Fixed Assets	7 735 000	2 784 000	8 239 000	8 231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	144 000	881 000	22 000	94 000
Total Current Assets	145 000	1 373 000	29 000	157 000
Total Assets	7 880 000	4 156 000	8 268 000	8 388 000
Total Equity	2 067 000	2 042 000	1 993 000	1 939 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 385 000	1 793 000	6 250 000	6 306 000
Creditors	7 000	22 000	0	131 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	255 000	204 000	6 000	4 000
Total Current Debt	429 000	321 000	25 000	143 000
Total Equity and Debt	7 880 000	4 156 000	8 268 000	8 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,21 %	124,83 %	2,71 %	0,41 %
Debt-to-Equity Ratio	2,61	0,88	3,14	3,25
Operating Profit Margin	34,17 %	85,16 %	64,17 %	57,87 %
Current Ratio	0,34	4,28	1,16	1,1
Quick Ratio	0,34	4,28	1,16	1,1
Equity Ratio	0,26	0,49	0,24	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %