VITEC AUTOSYSTEMER AS

0185 OSLO

Finances

Share Ownership

Return on Equity

−115,66 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 495 000	29 906 000	34 241 000	35 621 000
Net Income	−10 754 000	−4 219 000	−537 000	−2 333 000
Total Assets	17 252 000	20 583 000	17 905 000	25 690 000
Total Equity	9 298 000	12 253 000	10 098 000	12 288 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 495 000	29 906 000	34 241 000	35 621 000
Expenditure	42 270 000	35 868 000	35 405 000	39 150 000
Operating Profit	−13 775 000	−5 963 000	−1 165 000	−3 529 000
Financial Income	42 000	21 000	14 000	1 000
Financial Costs	55 000	32 000	9 000	50 000
Financial Balance	−13 000	−11 000	5 000	−49 000
Earnings Before Tax	−13 788 000	−5 974 000	−1 159 000	−3 579 000
Tax	−3 033 000	−1 754 000	−622 000	−1 246 000
Net Income	−10 754 000	−4 219 000	−537 000	−2 333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 142 000	382 000	511 000	471 000
Total Current Assets	16 110 000	20 200 000	17 394 000	25 219 000
Total Assets	17 252 000	20 583 000	17 905 000	25 690 000
Total Retained Equity	6 298 000	9 253 000	7 098 000	9 288 000
Total Equity	9 298 000	12 253 000	10 098 000	12 288 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 954 000	8 330 000	7 807 000	13 402 000
Total Equity and Debt	17 252 000	20 583 000	17 905 000	25 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 401 000	29 816 000	34 140 000	35 491 000
Other Income	94 000	90 000	101 000	130 000
Revenue	28 495 000	29 906 000	34 241 000	35 621 000
Cost of Goods Sold	12 304 000	8 189 000	8 328 000	8 475 000
Salary Costs	17 471 000	14 573 000	14 131 000	13 858 000
Depreciation	96 000	102 000	84 000	335 000
Impairment	0	0	0	0
Expenditure	42 270 000	35 868 000	35 405 000	39 150 000
Operating Profit	−13 775 000	−5 963 000	−1 165 000	−3 529 000
Financial Income	42 000	21 000	14 000	1 000
Financial Costs	55 000	32 000	9 000	50 000
Financial Balance	−13 000	−11 000	5 000	−49 000
Dividends	0	0	4 000 000	7 000 000
Net Income	−10 754 000	−4 219 000	−537 000	−2 333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	961 000	128 000	171 000	211 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	182 000	255 000	340 000	261 000
Total Tangible Assets	182 000	255 000	340 000	261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 142 000	382 000	511 000	471 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	744 000	655 000	672 000	627 000
Total Current Assets	16 110 000	20 200 000	17 394 000	25 219 000
Total Assets	17 252 000	20 583 000	17 905 000	25 690 000
Total Equity	9 298 000	12 253 000	10 098 000	12 288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	100 000	4 011 000	97 000	2 760 000
Unpaid Taxes	1 932 000	1 471 000	1 580 000	1 147 000
Dividends	0	0	4 000 000	7 000 000
Other Current Debt	5 923 000	2 849 000	2 130 000	2 495 000
Total Current Debt	7 954 000	8 330 000	7 807 000	13 402 000
Total Equity and Debt	17 252 000	20 583 000	17 905 000	25 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−115,66 %	−34,43 %	−5,32 %	−18,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−48,34 %	−19,94 %	−3,4 %	−9,91 %
Current Ratio	2,03	2,42	2,23	1,88
Quick Ratio	2,03	2,42	2,23	1,88
Equity Ratio	0,54	0,6	0,56	0,48
Gross Profit Margin	56,82 %	72,62 %	75,68 %	76,21 %