VOL VESTERÅLEN ONLINE AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

35,51 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 799 000	14 875 000	11 661 000	10 622 000
Net Income	1 251 000	1 295 000	471 000	−67 000
Total Assets	7 692 000	4 845 000	4 557 000	2 838 000
Total Equity	3 523 000	1 906 000	612 000	141 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 799 000	14 875 000	11 661 000	10 622 000
Expenditure	14 269 000	13 589 000	11 044 000	10 669 000
Operating Profit	1 529 000	1 286 000	618 000	−47 000
Financial Income	91 000	20 000	13 000	5 000
Financial Costs	8 000	13 000	18 000	37 000
Financial Balance	83 000	7 000	−5 000	−32 000
Earnings Before Tax	1 612 000	1 293 000	613 000	−79 000
Tax	361 000	−1 000	142 000	−12 000
Net Income	1 251 000	1 295 000	471 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	539 000	869 000	1 166 000	1 465 000
Total Current Assets	7 153 000	3 975 000	3 391 000	1 373 000
Total Assets	7 692 000	4 845 000	4 557 000	2 838 000
Total Retained Equity	−2 877 000	−2 831 000	−2 802 000	−3 273 000
Total Equity	3 523 000	1 906 000	612 000	141 000
Total Long-Term Debt	0	206 000	446 000	672 000
Total Current Debt	4 170 000	2 732 000	3 499 000	2 025 000
Total Equity and Debt	7 692 000	4 845 000	4 557 000	2 838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 429 000	10 294 000	7 967 000	10 287 000
Other Income	5 370 000	4 582 000	3 693 000	335 000
Revenue	15 799 000	14 875 000	11 661 000	10 622 000
Cost of Goods Sold	1 117 000	1 486 000	1 072 000	1 098 000
Salary Costs	9 211 000	8 425 000	6 468 000	6 276 000
Depreciation	356 000	373 000	387 000	412 000
Impairment	0	0	0	0
Expenditure	14 269 000	13 589 000	11 044 000	10 669 000
Operating Profit	1 529 000	1 286 000	618 000	−47 000
Financial Income	91 000	20 000	13 000	5 000
Financial Costs	8 000	13 000	18 000	37 000
Financial Balance	83 000	7 000	−5 000	−32 000
Dividends	0	0	0	0
Net Income	1 251 000	1 295 000	471 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	7 000	11 000	38 000
Real Eastate	211 000	446 000	681 000	908 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	316 000	416 000	473 000	519 000
Total Tangible Assets	527 000	862 000	1 155 000	1 427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	539 000	869 000	1 166 000	1 465 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	2 857 000	573 000
Total Current Assets	7 153 000	3 975 000	3 391 000	1 373 000
Total Assets	7 692 000	4 845 000	4 557 000	2 838 000
Total Equity	3 523 000	1 906 000	612 000	141 000
Short-Term Group Debt	1 662 000	0	0	0
Total Long-Term Debt	0	206 000	446 000	672 000
Creditors	203 000	427 000	352 000	230 000
Unpaid Taxes	585 000	554 000	500 000	467 000
Dividends	0	0	0	0
Other Current Debt	1 719 000	1 750 000	2 503 000	1 328 000
Total Current Debt	4 170 000	2 732 000	3 499 000	2 025 000
Total Equity and Debt	7 692 000	4 845 000	4 557 000	2 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,51 %	67,94 %	76,96 %	−47,52 %
Debt-to-Equity Ratio	0	0,11	0,73	4,77
Operating Profit Margin	9,68 %	8,65 %	5,3 %	−0,44 %
Current Ratio	1,72	1,45	0,97	0,68
Quick Ratio	1,72	1,45	0,97	0,68
Equity Ratio	0,46	0,39	0,13	0,05
Gross Profit Margin	92,93 %	90,01 %	90,81 %	89,66 %