VITEC PLANIA AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

229,85 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 060 000	34 536 000	33 627 000	32 321 000
Net Income	4 836 000	5 721 000	5 090 000	5 597 000
Total Assets	14 678 000	20 110 000	20 378 000	21 100 000
Total Equity	2 104 000	3 258 000	7 895 000	9 805 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 060 000	34 536 000	33 627 000	32 321 000
Expenditure	31 888 000	27 194 000	27 081 000	25 111 000
Operating Profit	6 172 000	7 342 000	6 545 000	7 210 000
Financial Income	6 000	0	0	0
Financial Costs	13 000	7 000	16 000	25 000
Financial Balance	−7 000	−7 000	−16 000	−25 000
Earnings Before Tax	6 165 000	7 335 000	6 529 000	7 185 000
Tax	1 330 000	1 614 000	1 439 000	1 588 000
Net Income	4 836 000	5 721 000	5 090 000	5 597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	307 000	435 000	502 000
Total Current Assets	14 443 000	19 803 000	19 942 000	20 598 000
Total Assets	14 678 000	20 110 000	20 378 000	21 100 000
Total Retained Equity	0	0	−1 759 000	8 888 000
Total Equity	2 104 000	3 258 000	7 895 000	9 805 000
Total Long-Term Debt	0	9 000	21 000	28 000
Total Current Debt	12 575 000	16 843 000	12 462 000	11 266 000
Total Equity and Debt	14 678 000	20 110 000	20 378 000	21 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 060 000	34 519 000	33 627 000	32 321 000
Other Income	0	17 000	0	0
Revenue	38 060 000	34 536 000	33 627 000	32 321 000
Cost of Goods Sold	1 383 000	1 156 000	1 009 000	1 098 000
Salary Costs	22 415 000	20 607 000	20 251 000	19 405 000
Depreciation	116 000	129 000	137 000	163 000
Impairment	0	0	0	0
Expenditure	31 888 000	27 194 000	27 081 000	25 111 000
Operating Profit	6 172 000	7 342 000	6 545 000	7 210 000
Financial Income	6 000	0	0	0
Financial Costs	13 000	7 000	16 000	25 000
Financial Balance	−7 000	−7 000	−16 000	−25 000
Dividends	5 000 000	9 000 000	7 000 000	5 500 000
Net Income	4 836 000	5 721 000	5 090 000	5 597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	191 000	307 000	435 000	502 000
Total Tangible Assets	191 000	307 000	435 000	502 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	236 000	307 000	435 000	502 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	800 000	682 000	733 000	676 000
Total Current Assets	14 443 000	19 803 000	19 942 000	20 598 000
Total Assets	14 678 000	20 110 000	20 378 000	21 100 000
Total Equity	2 104 000	3 258 000	7 895 000	9 805 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	21 000	28 000
Creditors	1 314 000	699 000	235 000	414 000
Unpaid Taxes	1 297 000	1 508 000	1 449 000	1 349 000
Dividends	5 000 000	9 000 000	7 000 000	5 500 000
Other Current Debt	2 590 000	2 653 000	2 332 000	2 404 000
Total Current Debt	12 575 000	16 843 000	12 462 000	11 266 000
Total Equity and Debt	14 678 000	20 110 000	20 378 000	21 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	229,85 %	175,6 %	64,47 %	57,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,22 %	21,26 %	19,46 %	22,31 %
Current Ratio	1,15	1,18	1,6	1,83
Quick Ratio	1,15	1,18	1,6	1,83
Equity Ratio	0,14	0,16	0,39	0,46
Gross Profit Margin	96,37 %	96,65 %	97 %	96,6 %