VITO UTVIKLING AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

73,66 %

Current Ratio

3,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	434 000	495 000	378 000	357 000
Net Income	165 000	224 000	146 000	134 000
Total Assets	300 000	352 000	344 000	339 000
Total Equity	224 000	259 000	184 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	434 000	495 000	378 000	357 000
Expenditure	223 000	208 000	190 000	185 000
Operating Profit	211 000	287 000	188 000	172 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	211 000	287 000	188 000	172 000
Tax	46 000	63 000	41 000	38 000
Net Income	165 000	224 000	146 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	300 000	352 000	344 000	339 000
Total Assets	300 000	352 000	344 000	339 000
Total Retained Equity	189 000	224 000	149 000	233 000
Total Equity	224 000	259 000	184 000	268 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	76 000	93 000	160 000	71 000
Total Equity and Debt	300 000	352 000	344 000	339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	434 000	495 000	378 000	357 000
Revenue	434 000	495 000	378 000	357 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	223 000	208 000	190 000	185 000
Operating Profit	211 000	287 000	188 000	172 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	165 000	224 000	146 000	134 000

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	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	178 000	187 000	279 000	274 000
Total Current Assets	300 000	352 000	344 000	339 000
Total Assets	300 000	352 000	344 000	339 000
Total Equity	224 000	259 000	184 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	89 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	30 000	30 000	34 000
Total Current Debt	76 000	93 000	160 000	71 000
Total Equity and Debt	300 000	352 000	344 000	339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,66 %	86,49 %	79,35 %	50 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	48,62 %	57,98 %	49,74 %	48,18 %
Current Ratio	3,95	3,78	2,15	4,77
Quick Ratio	3,95	3,78	2,15	4,77
Equity Ratio	0,75	0,74	0,53	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %