VOLLEN MARINESERVICE AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

−30,28 %

Current Ratio

3,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 299 000	13 676 000	12 259 000	9 221 000
Net Income	−251 000	258 000	415 000	−59 000
Total Assets	1 157 000	1 434 000	1 154 000	1 119 000
Total Equity	829 000	1 080 000	822 000	406 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 299 000	13 676 000	12 259 000	9 221 000
Expenditure	14 548 000	13 339 000	11 750 000	9 268 000
Operating Profit	−249 000	338 000	509 000	−47 000
Financial Income	0	0	2 000	0
Financial Costs	10 000	7 000	9 000	12 000
Financial Balance	−10 000	−7 000	−7 000	−12 000
Earnings Before Tax	−259 000	331 000	502 000	−59 000
Tax	−8 000	74 000	87 000	0
Net Income	−251 000	258 000	415 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 000	37 000	44 000	118 000
Total Current Assets	1 064 000	1 397 000	1 110 000	1 000 000
Total Assets	1 157 000	1 434 000	1 154 000	1 119 000
Total Retained Equity	799 000	1 050 000	792 000	376 000
Total Equity	829 000	1 080 000	822 000	406 000
Total Long-Term Debt	0	8 000	6 000	0
Total Current Debt	328 000	346 000	326 000	712 000
Total Equity and Debt	1 157 000	1 434 000	1 154 000	1 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 299 000	13 676 000	12 199 000	9 221 000
Other Income	0	0	60 000	0
Revenue	14 299 000	13 676 000	12 259 000	9 221 000
Cost of Goods Sold	12 727 000	11 377 000	9 908 000	7 622 000
Salary Costs	1 078 000	1 152 000	951 000	954 000
Depreciation	24 000	7 000	7 000	14 000
Impairment	0	0	0	0
Expenditure	14 548 000	13 339 000	11 750 000	9 268 000
Operating Profit	−249 000	338 000	509 000	−47 000
Financial Income	0	0	2 000	0
Financial Costs	10 000	7 000	9 000	12 000
Financial Balance	−10 000	−7 000	−7 000	−12 000
Dividends	0	0	0	0
Net Income	−251 000	258 000	415 000	−59 000

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	93 000	37 000	44 000	31 000
Total Tangible Assets	93 000	37 000	44 000	118 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	93 000	37 000	44 000	118 000
Stock	776 000	668 000	399 000	451 000
Total Investments	0	0	0	0
Cash, Bank	72 000	689 000	680 000	25 000
Total Current Assets	1 064 000	1 397 000	1 110 000	1 000 000
Total Assets	1 157 000	1 434 000	1 154 000	1 119 000
Total Equity	829 000	1 080 000	822 000	406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 000	6 000	0
Creditors	153 000	76 000	0	60 000
Unpaid Taxes	42 000	41 000	20 000	165 000
Dividends	0	0	0	0
Other Current Debt	113 000	156 000	225 000	204 000
Total Current Debt	328 000	346 000	326 000	712 000
Total Equity and Debt	1 157 000	1 434 000	1 154 000	1 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,28 %	23,89 %	50,49 %	−14,53 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	−1,74 %	2,47 %	4,15 %	−0,51 %
Current Ratio	3,24	4,04	3,4	1,4
Quick Ratio	−2,38	−4,34	−15,21	3,83
Equity Ratio	0,72	0,75	0,71	0,36
Gross Profit Margin	10,99 %	16,81 %	19,18 %	17,34 %