VOLARE TRONDHEIM AS

7041 TRONDHEIM

Finances

Return on Equity

549 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 469 000	7 089 000	9 484 000	9 210 000
Net Income	549 000	425 000	840 000	404 000
Total Assets	4 165 000	3 255 000	4 084 000	3 561 000
Total Equity	100 000	2 062 000	1 862 000	1 432 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 469 000	7 089 000	9 484 000	9 210 000
Expenditure	8 866 000	6 545 000	8 637 000	8 672 000
Operating Profit	603 000	545 000	847 000	538 000
Financial Income	80 000	0	264 000	1 000
Financial Costs	1 000	0	2 000	20 000
Financial Balance	79 000	0	262 000	−19 000
Earnings Before Tax	682 000	544 000	1 109 000	519 000
Tax	132 000	120 000	269 000	114 000
Net Income	549 000	425 000	840 000	404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	387 000	162 000	187 000	11 000
Total Current Assets	3 778 000	3 093 000	3 896 000	3 550 000
Total Assets	4 165 000	3 255 000	4 084 000	3 561 000
Total Retained Equity	0	1 962 000	1 762 000	1 332 000
Total Equity	100 000	2 062 000	1 862 000	1 432 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 065 000	1 193 000	2 222 000	2 129 000
Total Equity and Debt	4 165 000	3 255 000	4 084 000	3 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 000	0	0	0
Other Income	9 431 000	7 089 000	9 484 000	9 210 000
Revenue	9 469 000	7 089 000	9 484 000	9 210 000
Cost of Goods Sold	0	0	0	343 000
Salary Costs	7 194 000	4 990 000	7 150 000	6 625 000
Depreciation	0	0	11 000	11 000
Impairment	0	0	0	0
Expenditure	8 866 000	6 545 000	8 637 000	8 672 000
Operating Profit	603 000	545 000	847 000	538 000
Financial Income	80 000	0	264 000	1 000
Financial Costs	1 000	0	2 000	20 000
Financial Balance	79 000	0	262 000	−19 000
Dividends	2 511 000	225 000	410 000	350 000
Net Income	549 000	425 000	840 000	404 000

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	0	0	0	11 000
Total Tangible Assets	0	0	0	11 000
Total Fiancial Fixed Assets	388 000	163 000	188 000	0
Total Fixed Assets	387 000	162 000	187 000	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 884 000	2 642 000	3 397 000	2 754 000
Total Current Assets	3 778 000	3 093 000	3 896 000	3 550 000
Total Assets	4 165 000	3 255 000	4 084 000	3 561 000
Total Equity	100 000	2 062 000	1 862 000	1 432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	42 000	71 000	73 000	121 000
Unpaid Taxes	614 000	326 000	691 000	516 000
Dividends	2 511 000	225 000	410 000	350 000
Other Current Debt	765 000	452 000	861 000	1 026 000
Total Current Debt	4 065 000	1 193 000	2 222 000	2 129 000
Total Equity and Debt	4 165 000	3 255 000	4 084 000	3 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	549 %	20,61 %	45,11 %	28,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,37 %	7,69 %	8,93 %	5,84 %
Current Ratio	0,93	2,59	1,75	1,67
Quick Ratio	0,93	2,59	1,75	1,67
Equity Ratio	0,02	0,63	0,46	0,4
Gross Profit Margin	100 %	100 %	100 %	96,28 %