VOLSTAD HOLDING AS

6018 ÅLESUND

Finances

Return on Equity

−7,69 %

Current Ratio

7,92

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 443 000	1 040 478 000	178 051 000	220 368 000
Net Income	−52 519 000	821 588 000	19 508 000	36 031 000
Total Assets	941 254 000	911 474 000	332 644 000	357 483 000
Total Equity	683 199 000	608 915 000	−122 670 000	−142 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 443 000	1 040 478 000	178 051 000	220 368 000
Expenditure	43 351 000	16 607 000	139 499 000	158 438 000
Operating Profit	−6 908 000	1 023 870 000	38 551 000	61 930 000
Financial Income	−41 472 000	31 527 000	1 316 000	1 946 000
Financial Costs	3 926 000	9 221 000	14 673 000	17 627 000
Financial Balance	−45 398 000	22 306 000	−13 357 000	−15 681 000
Earnings Before Tax	−52 308 000	1 046 177 000	25 194 000	46 249 000
Tax	211 000	224 589 000	5 686 000	10 218 000
Net Income	−52 519 000	821 588 000	19 508 000	36 031 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	249 635 000	64 418 000	211 881 000	226 406 000
Total Current Assets	691 619 000	847 056 000	120 762 000	131 077 000
Total Assets	941 254 000	911 474 000	332 644 000	357 483 000
Total Retained Equity	560 732 000	608 815 000	−122 770 000	−142 279 000
Total Equity	683 199 000	608 915 000	−122 670 000	−142 179 000
Total Long-Term Debt	170 747 000	215 375 000	428 001 000	448 048 000
Total Current Debt	87 308 000	87 184 000	27 313 000	51 614 000
Total Equity and Debt	941 254 000	911 474 000	332 644 000	357 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 192 000	1 300 000	0	172 622 000
Other Income	7 251 000	1 039 178 000	178 051 000	47 746 000
Revenue	36 443 000	1 040 478 000	178 051 000	220 368 000
Cost of Goods Sold	0	1 082 000	0	0
Salary Costs	7 665 000	9 198 000	58 859 000	77 778 000
Depreciation	478 000	45 000	17 483 000	16 485 000
Impairment	18 591 000	0	0	0
Expenditure	43 351 000	16 607 000	139 499 000	158 438 000
Operating Profit	−6 908 000	1 023 870 000	38 551 000	61 930 000
Financial Income	−41 472 000	31 527 000	1 316 000	1 946 000
Financial Costs	3 926 000	9 221 000	14 673 000	17 627 000
Financial Balance	−45 398 000	22 306 000	−13 357 000	−15 681 000
Dividends	0	0	0	0
Net Income	−52 519 000	821 588 000	19 508 000	36 031 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 070 000	0	0	0
Total Intangible Assets	2 563 000	0	31 280 000	35 617 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	125 000	1 039 000
Fixtures	265 000	131 000	193 000	295 000
Total Tangible Assets	265 000	131 000	173 750 000	184 507 000
Total Fiancial Fixed Assets	246 807 000	64 287 000	6 851 000	6 282 000
Total Fixed Assets	249 635 000	64 418 000	211 881 000	226 406 000
Stock	0	0	1 098 000	3 095 000
Total Investments	554 283 000	761 700 000	10 407 000	10 254 000
Cash, Bank	113 149 000	82 604 000	104 881 000	110 879 000
Total Current Assets	691 619 000	847 056 000	120 762 000	131 077 000
Total Assets	941 254 000	911 474 000	332 644 000	357 483 000
Total Equity	683 199 000	608 915 000	−122 670 000	−142 179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	170 747 000	215 375 000	428 001 000	448 048 000
Creditors	9 149 000	227 000	3 230 000	8 085 000
Unpaid Taxes	3 782 000	366 000	14 605 000	28 050 000
Dividends	0	0	0	0
Other Current Debt	32 245 000	70 881 000	9 478 000	15 479 000
Total Current Debt	87 308 000	87 184 000	27 313 000	51 614 000
Total Equity and Debt	941 254 000	911 474 000	332 644 000	357 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,69 %	134,93 %	−15,9 %	−25,34 %
Debt-to-Equity Ratio	0,25	0,35	−3,49	−3,15
Operating Profit Margin	−18,96 %	98,4 %	21,65 %	28,1 %
Current Ratio	7,92	9,72	4,42	2,54
Quick Ratio	7,92	9,72	4,61	2,7
Equity Ratio	0,73	0,67	−0,37	−0,4
Gross Profit Margin	100 %	99,9 %	100 %	100 %