VOLDENE BIL AS

1448 DRØBAK

Finances

Share Ownership

Return on Equity

10,67 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 699 000	87 799 000	74 629 000	73 884 000
Net Income	768 000	728 000	623 000	165 000
Total Assets	19 427 000	18 032 000	11 890 000	15 912 000
Total Equity	7 201 000	6 433 000	5 705 000	5 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 699 000	87 799 000	74 629 000	73 884 000
Expenditure	75 080 000	86 467 000	73 535 000	73 272 000
Operating Profit	1 619 000	1 332 000	1 094 000	612 000
Financial Income	1 000	37 000	39 000	25 000
Financial Costs	634 000	431 000	331 000	426 000
Financial Balance	−633 000	−394 000	−292 000	−401 000
Earnings Before Tax	986 000	938 000	802 000	211 000
Tax	217 000	211 000	179 000	46 000
Net Income	768 000	728 000	623 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	644 000	480 000	358 000	350 000
Total Current Assets	18 782 000	17 552 000	11 531 000	15 563 000
Total Assets	19 427 000	18 032 000	11 890 000	15 912 000
Total Retained Equity	7 101 000	6 333 000	5 605 000	4 982 000
Total Equity	7 201 000	6 433 000	5 705 000	5 082 000
Total Long-Term Debt	0	0	0	127 000
Total Current Debt	12 225 000	11 599 000	6 184 000	10 704 000
Total Equity and Debt	19 427 000	18 032 000	11 890 000	15 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 236 000	86 680 000	73 583 000	72 726 000
Other Income	1 463 000	1 118 000	1 046 000	1 158 000
Revenue	76 699 000	87 799 000	74 629 000	73 884 000
Cost of Goods Sold	66 987 000	78 428 000	66 221 000	66 209 000
Salary Costs	4 793 000	4 583 000	4 043 000	4 118 000
Depreciation	86 000	42 000	82 000	115 000
Impairment	0	0	0	0
Expenditure	75 080 000	86 467 000	73 535 000	73 272 000
Operating Profit	1 619 000	1 332 000	1 094 000	612 000
Financial Income	1 000	37 000	39 000	25 000
Financial Costs	634 000	431 000	331 000	426 000
Financial Balance	−633 000	−394 000	−292 000	−401 000
Dividends	0	0	0	0
Net Income	768 000	728 000	623 000	165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	220 000	268 000	121 000	96 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	360 000	148 000	189 000	205 000
Total Tangible Assets	360 000	148 000	189 000	205 000
Total Fiancial Fixed Assets	65 000	65 000	48 000	48 000
Total Fixed Assets	644 000	480 000	358 000	350 000
Stock	15 933 000	15 457 000	9 420 000	12 729 000
Total Investments	0	0	0	0
Cash, Bank	894 000	428 000	306 000	1 149 000
Total Current Assets	18 782 000	17 552 000	11 531 000	15 563 000
Total Assets	19 427 000	18 032 000	11 890 000	15 912 000
Total Equity	7 201 000	6 433 000	5 705 000	5 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	127 000
Creditors	733 000	1 592 000	430 000	2 335 000
Unpaid Taxes	334 000	305 000	287 000	258 000
Dividends	0	0	0	0
Other Current Debt	10 989 000	9 344 000	5 264 000	8 033 000
Total Current Debt	12 225 000	11 599 000	6 184 000	10 704 000
Total Equity and Debt	19 427 000	18 032 000	11 890 000	15 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,67 %	11,32 %	10,92 %	3,25 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	2,11 %	1,52 %	1,47 %	0,83 %
Current Ratio	1,54	1,51	1,86	1,45
Quick Ratio	−5,07	−4,55	−3,56	−7,69
Equity Ratio	0,37	0,36	0,48	0,32
Gross Profit Margin	12,66 %	10,67 %	11,27 %	10,39 %