VITIS VERKSTEDBYGG AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−1,11 %

Current Ratio

17,27

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	743 000	602 000	596 000	464 000
Net Income	−31 000	−184 000	−165 000	−198 000
Total Assets	4 364 000	4 492 000	4 616 000	4 754 000
Total Equity	2 789 000	2 820 000	2 889 000	2 929 000

Income (NOK)	2022	2021	2020	2019
Revenue	743 000	602 000	596 000	464 000
Expenditure	781 000	832 000	799 000	705 000
Operating Profit	−37 000	−230 000	−203 000	−241 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	6 000	9 000	13 000
Financial Balance	−2 000	−6 000	−9 000	−13 000
Earnings Before Tax	−40 000	−237 000	−212 000	−254 000
Tax	−9 000	−52 000	−47 000	−56 000
Net Income	−31 000	−184 000	−165 000	−198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 535 000	3 781 000	4 011 000	4 173 000
Total Current Assets	829 000	711 000	605 000	581 000
Total Assets	4 364 000	4 492 000	4 616 000	4 754 000
Total Retained Equity	0	0	0	0
Total Equity	2 789 000	2 820 000	2 889 000	2 929 000
Total Long-Term Debt	1 528 000	1 609 000	1 688 000	1 809 000
Total Current Debt	48 000	64 000	39 000	16 000
Total Equity and Debt	4 364 000	4 492 000	4 616 000	4 754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	0	0	0
Other Income	718 000	602 000	596 000	464 000
Revenue	743 000	602 000	596 000	464 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	246 000	250 000	241 000	236 000
Impairment	0	0	0	0
Expenditure	781 000	832 000	799 000	705 000
Operating Profit	−37 000	−230 000	−203 000	−241 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	6 000	9 000	13 000
Financial Balance	−2 000	−6 000	−9 000	−13 000
Dividends	0	0	0	0
Net Income	−31 000	−184 000	−165 000	−198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 441 000	3 507 000	3 573 000	3 639 000
Machinery and Plant Facilities	94 000	274 000	438 000	534 000
Fixtures	0	0	0	0
Total Tangible Assets	3 535 000	3 781 000	4 011 000	4 173 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 535 000	3 781 000	4 011 000	4 173 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	584 000	361 000	230 000	117 000
Total Current Assets	829 000	711 000	605 000	581 000
Total Assets	4 364 000	4 492 000	4 616 000	4 754 000
Total Equity	2 789 000	2 820 000	2 889 000	2 929 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 528 000	1 609 000	1 688 000	1 809 000
Creditors	5 000	52 000	37 000	3 000
Unpaid Taxes	31 000	11 000	1 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	8 000
Total Current Debt	48 000	64 000	39 000	16 000
Total Equity and Debt	4 364 000	4 492 000	4 616 000	4 754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,11 %	−6,52 %	−5,71 %	−6,76 %
Debt-to-Equity Ratio	0,55	0,57	0,58	0,62
Operating Profit Margin	−4,98 %	−38,21 %	−34,06 %	−51,94 %
Current Ratio	17,27	11,11	15,51	36,31
Quick Ratio	17,27	11,11	15,51	36,31
Equity Ratio	0,64	0,63	0,63	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %