VOLA AS

7562 SAKSVIK

Finances

Return on Equity

99,23 %

Current Ratio

74,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 918 000	93 000	50 000	91 000
Net Income	5 894 000	−316 000	0	−631 000
Total Assets	6 021 000	286 000	626 000	1 058 000
Total Equity	5 940 000	47 000	362 000	313 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 918 000	93 000	50 000	91 000
Expenditure	3 168 000	168 000	71 000	28 000
Operating Profit	−250 000	−75 000	−21 000	62 000
Financial Income	6 358 000	177 000	177 000	84 000
Financial Costs	214 000	417 000	160 000	769 000
Financial Balance	6 144 000	−240 000	17 000	−685 000
Earnings Before Tax	5 894 000	−316 000	−3 000	−623 000
Tax	0	0	−3 000	9 000
Net Income	5 894 000	−316 000	0	−631 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	84 000	84 000	34 000
Total Current Assets	5 969 000	202 000	541 000	1 024 000
Total Assets	6 021 000	286 000	626 000	1 058 000
Total Retained Equity	5 890 000	−253 000	62 000	13 000
Total Equity	5 940 000	47 000	362 000	313 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	80 000	239 000	263 000	746 000
Total Equity and Debt	6 021 000	286 000	626 000	1 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	228 000	93 000	50 000	91 000
Other Income	2 690 000	0	0	0
Revenue	2 918 000	93 000	50 000	91 000
Cost of Goods Sold	2 814 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 168 000	168 000	71 000	28 000
Operating Profit	−250 000	−75 000	−21 000	62 000
Financial Income	6 358 000	177 000	177 000	84 000
Financial Costs	214 000	417 000	160 000	769 000
Financial Balance	6 144 000	−240 000	17 000	−685 000
Dividends	0	0	0	0
Net Income	5 894 000	−316 000	0	−631 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	52 000	84 000	84 000	34 000
Total Fixed Assets	52 000	84 000	84 000	34 000
Stock	0	0	0	0
Total Investments	511 000	80 000	156 000	57 000
Cash, Bank	5 435 000	99 000	360 000	944 000
Total Current Assets	5 969 000	202 000	541 000	1 024 000
Total Assets	6 021 000	286 000	626 000	1 058 000
Total Equity	5 940 000	47 000	362 000	313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	65 000	26 000	9 000	13 000
Unpaid Taxes	0	0	−1 000	23 000
Dividends	0	0	0	0
Other Current Debt	15 000	213 000	255 000	701 000
Total Current Debt	80 000	239 000	263 000	746 000
Total Equity and Debt	6 021 000	286 000	626 000	1 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,23 %	−672,34 %	0 %	−201,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,57 %	−80,65 %	−42 %	68,13 %
Current Ratio	74,61	0,85	2,06	1,37
Quick Ratio	74,61	0,85	2,06	1,37
Equity Ratio	0,99	0,16	0,58	0,3
Gross Profit Margin	3,56 %	100 %	100 %	100 %