VOLSTAD CONSTRUCTION AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

5,47 %

Current Ratio

7,46

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 528 000	94 914 000	103 621 000	74 583 000
Net Income	17 308 000	9 047 000	1 987 000	18 558 000
Total Assets	656 746 000	643 947 000	680 723 000	661 690 000
Total Equity	316 426 000	299 467 000	290 419 000	288 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 528 000	94 914 000	103 621 000	74 583 000
Expenditure	24 738 000	66 425 000	79 976 000	19 464 000
Operating Profit	52 790 000	28 489 000	23 645 000	55 119 000
Financial Income	559 000	1 203 000	2 365 000	500 000
Financial Costs	31 159 000	18 094 000	21 206 000	31 825 000
Financial Balance	−30 600 000	−16 891 000	−18 841 000	−31 325 000
Earnings Before Tax	22 190 000	11 599 000	4 803 000	23 794 000
Tax	4 882 000	2 552 000	2 817 000	5 236 000
Net Income	17 308 000	9 047 000	1 987 000	18 558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	572 170 000	591 812 000	614 959 000	615 498 000
Total Current Assets	84 577 000	52 135 000	65 764 000	46 192 000
Total Assets	656 746 000	643 947 000	680 723 000	661 690 000
Total Retained Equity	211 426 000	194 467 000	185 419 000	183 433 000
Total Equity	316 426 000	299 467 000	290 419 000	288 433 000
Total Long-Term Debt	328 976 000	337 260 000	360 329 000	369 270 000
Total Current Debt	11 344 000	7 220 000	29 975 000	3 987 000
Total Equity and Debt	656 746 000	643 947 000	680 723 000	661 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 688 000	94 914 000	103 621 000	74 583 000
Other Income	840 000	0	0	0
Revenue	77 528 000	94 914 000	103 621 000	74 583 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	171 000
Depreciation	22 950 000	23 317 000	22 600 000	19 015 000
Impairment	0	0	0	0
Expenditure	24 738 000	66 425 000	79 976 000	19 464 000
Operating Profit	52 790 000	28 489 000	23 645 000	55 119 000
Financial Income	559 000	1 203 000	2 365 000	500 000
Financial Costs	31 159 000	18 094 000	21 206 000	31 825 000
Financial Balance	−30 600 000	−16 891 000	−18 841 000	−31 325 000
Dividends	348 000	0	0	0
Net Income	17 308 000	9 047 000	1 987 000	18 558 000

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	566 238 000	586 056 000	609 372 000	610 077 000
Total Fiancial Fixed Assets	5 931 000	5 756 000	5 586 000	5 421 000
Total Fixed Assets	572 170 000	591 812 000	614 959 000	615 498 000
Stock	0	0	2 475 000	0
Total Investments	0	0	0	0
Cash, Bank	39 183 000	18 394 000	10 683 000	42 024 000
Total Current Assets	84 577 000	52 135 000	65 764 000	46 192 000
Total Assets	656 746 000	643 947 000	680 723 000	661 690 000
Total Equity	316 426 000	299 467 000	290 419 000	288 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	328 976 000	337 260 000	360 329 000	369 270 000
Creditors	164 000	414 000	13 824 000	5 000
Unpaid Taxes	2 000	4 000	0	0
Dividends	348 000	0	0	0
Other Current Debt	11 179 000	6 802 000	14 391 000	3 982 000
Total Current Debt	11 344 000	7 220 000	29 975 000	3 987 000
Total Equity and Debt	656 746 000	643 947 000	680 723 000	661 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,47 %	3,02 %	0,68 %	6,43 %
Debt-to-Equity Ratio	1,04	1,13	1,24	1,28
Operating Profit Margin	68,09 %	30,02 %	22,82 %	73,9 %
Current Ratio	7,46	7,22	2,19	11,59
Quick Ratio	7,46	7,22	2,39	11,59
Equity Ratio	0,48	0,47	0,43	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %