VOLT ELEKTRO HARSTAD AS

9406 HARSTAD

Finances

Return on Equity

10,94 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 711 000	40 062 000	33 573 000	34 320 000
Net Income	506 000	3 391 000	1 959 000	2 066 000
Total Assets	11 498 000	16 223 000	19 082 000	18 575 000
Total Equity	4 625 000	7 119 000	6 727 000	11 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 711 000	40 062 000	33 573 000	34 320 000
Expenditure	27 094 000	35 712 000	31 046 000	31 668 000
Operating Profit	617 000	4 350 000	2 528 000	2 652 000
Financial Income	45 000	10 000	2 000	10 000
Financial Costs	13 000	12 000	18 000	12 000
Financial Balance	32 000	−2 000	−16 000	−2 000
Earnings Before Tax	649 000	4 348 000	2 511 000	2 649 000
Tax	143 000	957 000	552 000	583 000
Net Income	506 000	3 391 000	1 959 000	2 066 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	219 000	327 000	234 000	275 000
Total Current Assets	11 278 000	15 896 000	18 848 000	18 300 000
Total Assets	11 498 000	16 223 000	19 082 000	18 575 000
Total Retained Equity	4 420 000	6 914 000	6 522 000	11 164 000
Total Equity	4 625 000	7 119 000	6 727 000	11 369 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 873 000	9 104 000	12 355 000	7 207 000
Total Equity and Debt	11 498 000	16 223 000	19 082 000	18 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 692 000	40 062 000	33 570 000	34 254 000
Other Income	20 000	0	3 000	66 000
Revenue	27 711 000	40 062 000	33 573 000	34 320 000
Cost of Goods Sold	7 837 000	14 861 000	12 576 000	12 493 000
Salary Costs	13 951 000	14 951 000	12 369 000	13 484 000
Depreciation	131 000	128 000	139 000	140 000
Impairment	0	0	0	0
Expenditure	27 094 000	35 712 000	31 046 000	31 668 000
Operating Profit	617 000	4 350 000	2 528 000	2 652 000
Financial Income	45 000	10 000	2 000	10 000
Financial Costs	13 000	12 000	18 000	12 000
Financial Balance	32 000	−2 000	−16 000	−2 000
Dividends	3 000 000	3 000 000	6 600 000	0
Net Income	506 000	3 391 000	1 959 000	2 066 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	36 000	30 000	50 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	183 000	289 000	202 000	223 000
Total Tangible Assets	183 000	289 000	202 000	223 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	219 000	327 000	234 000	275 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	482 000	718 000	718 000	618 000
Total Current Assets	11 278 000	15 896 000	18 848 000	18 300 000
Total Assets	11 498 000	16 223 000	19 082 000	18 575 000
Total Equity	4 625 000	7 119 000	6 727 000	11 369 000
Short-Term Group Debt	0	0	0	422 000
Total Long-Term Debt	0	0	0	0
Creditors	735 000	805 000	770 000	992 000
Unpaid Taxes	1 536 000	2 161 000	1 795 000	1 658 000
Dividends	3 000 000	3 000 000	6 600 000	0
Other Current Debt	1 460 000	2 175 000	2 657 000	3 521 000
Total Current Debt	6 873 000	9 104 000	12 355 000	7 207 000
Total Equity and Debt	11 498 000	16 223 000	19 082 000	18 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,94 %	47,63 %	29,12 %	18,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,23 %	10,86 %	7,53 %	7,73 %
Current Ratio	1,64	1,75	1,53	2,54
Quick Ratio	1,64	1,75	1,53	2,54
Equity Ratio	0,4	0,44	0,35	0,61
Gross Profit Margin	71,72 %	62,9 %	62,54 %	63,6 %