VOLDA OG ØRSTA REINHALDSVERK IKS

6160 HOVDEBYGDA

Finances

Return on Equity

4,76 %

Current Ratio

1,22

Debt-to-Equity Ratio

6,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 519 000	41 566 000	43 684 000	34 591 000
Net Income	965 000	−845 000	4 572 000	−49 000
Total Assets	148 214 000	125 841 000	106 229 000	109 742 000
Total Equity	20 261 000	19 296 000	20 141 000	15 569 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 519 000	41 566 000	43 684 000	34 591 000
Expenditure	43 372 000	41 745 000	38 049 000	34 610 000
Operating Profit	2 809 000	211 000	5 498 000	238 000
Financial Income	1 093 000	291 000	699 000	890 000
Financial Costs	2 879 000	1 564 000	1 637 000	1 137 000
Financial Balance	−1 786 000	−1 273 000	−938 000	−247 000
Earnings Before Tax	1 022 000	−1 062 000	4 560 000	−9 000
Tax	57 000	−217 000	−12 000	40 000
Net Income	965 000	−845 000	4 572 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 109 000	87 524 000	40 327 000	28 015 000
Total Current Assets	7 105 000	38 317 000	65 901 000	81 726 000
Total Assets	148 214 000	125 841 000	106 229 000	109 742 000
Total Retained Equity	20 261 000	19 296 000	20 141 000	15 569 000
Total Equity	20 261 000	19 296 000	20 141 000	15 569 000
Total Long-Term Debt	122 132 000	99 048 000	82 051 000	89 092 000
Total Current Debt	5 821 000	7 497 000	4 037 000	5 080 000
Total Equity and Debt	148 214 000	125 841 000	106 229 000	109 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 446 000	41 461 000	43 635 000	34 476 000
Other Income	73 000	105 000	49 000	115 000
Revenue	46 519 000	41 566 000	43 684 000	34 591 000
Cost of Goods Sold	234 000	478 000	195 000	0
Salary Costs	14 017 000	14 249 000	12 508 000	12 135 000
Depreciation	4 392 000	2 714 000	3 052 000	3 653 000
Impairment	24 729 000	0	0	0
Expenditure	43 372 000	41 745 000	38 049 000	34 610 000
Operating Profit	2 809 000	211 000	5 498 000	238 000
Financial Income	1 093 000	291 000	699 000	890 000
Financial Costs	2 879 000	1 564 000	1 637 000	1 137 000
Financial Balance	−1 786 000	−1 273 000	−938 000	−247 000
Dividends	0	0	0	0
Net Income	965 000	−845 000	4 572 000	−49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	268 000	356 000	173 000	98 000
Real Eastate	127 929 000	78 678 000	30 027 000	16 240 000
Machinery and Plant Facilities	11 472 000	7 093 000	8 770 000	10 363 000
Fixtures	0	0	0	0
Total Tangible Assets	139 400 000	85 770 000	38 798 000	26 603 000
Total Fiancial Fixed Assets	1 440 000	1 397 000	1 357 000	1 315 000
Total Fixed Assets	141 109 000	87 524 000	40 327 000	28 015 000
Stock	214 000	595 000	238 000	332 000
Total Investments	0	0	0	0
Cash, Bank	691 000	32 850 000	61 403 000	78 971 000
Total Current Assets	7 105 000	38 317 000	65 901 000	81 726 000
Total Assets	148 214 000	125 841 000	106 229 000	109 742 000
Total Equity	20 261 000	19 296 000	20 141 000	15 569 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	122 132 000	99 048 000	82 051 000	89 092 000
Creditors	2 511 000	5 281 000	1 886 000	2 622 000
Unpaid Taxes	1 101 000	516 000	513 000	494 000
Dividends	0	0	0	0
Other Current Debt	1 571 000	1 700 000	1 637 000	1 852 000
Total Current Debt	5 821 000	7 497 000	4 037 000	5 080 000
Total Equity and Debt	148 214 000	125 841 000	106 229 000	109 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,76 %	−4,38 %	22,7 %	−0,31 %
Debt-to-Equity Ratio	6,03	5,13	4,07	5,72
Operating Profit Margin	6,04 %	0,51 %	12,59 %	0,69 %
Current Ratio	1,22	5,11	16,32	16,09
Quick Ratio	1,27	5,55	17,35	17,21
Equity Ratio	0,14	0,15	0,19	0,14
Gross Profit Margin	99,5 %	98,85 %	99,55 %	100 %