VTRO MANAGEMENT AS

0256 OSLO

Finances

Return on Equity

19,08 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 231 000	2 245 000	2 066 000	2 660 000
Net Income	804 000	1 142 000	950 000	958 000
Total Assets	4 628 000	4 638 000	4 410 000	1 931 000
Total Equity	4 214 000	3 409 000	2 267 000	1 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 231 000	2 245 000	2 066 000	2 660 000
Expenditure	1 184 000	750 000	797 000	1 414 000
Operating Profit	1 047 000	1 494 000	1 270 000	1 246 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	17 000	31 000	53 000	19 000
Financial Balance	−15 000	−30 000	−52 000	−17 000
Earnings Before Tax	1 031 000	1 465 000	1 218 000	1 228 000
Tax	227 000	322 000	268 000	271 000
Net Income	804 000	1 142 000	950 000	958 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 700 000	3 736 000	3 741 000	1 231 000
Total Current Assets	928 000	902 000	670 000	700 000
Total Assets	4 628 000	4 638 000	4 410 000	1 931 000
Total Retained Equity	4 184 000	3 379 000	2 237 000	1 287 000
Total Equity	4 214 000	3 409 000	2 267 000	1 317 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	415 000	1 227 000	2 143 000	614 000
Total Equity and Debt	4 628 000	4 638 000	4 410 000	1 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 231 000	2 245 000	2 066 000	2 660 000
Other Income	0	0	0	0
Revenue	2 231 000	2 245 000	2 066 000	2 660 000
Cost of Goods Sold	506 000	0	0	0
Salary Costs	392 000	634 000	575 000	916 000
Depreciation	5 000	5 000	5 000	0
Impairment	0	0	0	0
Expenditure	1 184 000	750 000	797 000	1 414 000
Operating Profit	1 047 000	1 494 000	1 270 000	1 246 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	17 000	31 000	53 000	19 000
Financial Balance	−15 000	−30 000	−52 000	−17 000
Dividends	0	0	0	0
Net Income	804 000	1 142 000	950 000	958 000

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	5 000	10 000	0
Total Tangible Assets	0	5 000	10 000	0
Total Fiancial Fixed Assets	3 700 000	3 731 000	3 731 000	1 231 000
Total Fixed Assets	3 700 000	3 736 000	3 741 000	1 231 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	830 000	902 000	666 000	680 000
Total Current Assets	928 000	902 000	670 000	700 000
Total Assets	4 628 000	4 638 000	4 410 000	1 931 000
Total Equity	4 214 000	3 409 000	2 267 000	1 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	7 000	3 000	3 000	14 000
Unpaid Taxes	119 000	77 000	110 000	246 000
Dividends	0	0	0	0
Other Current Debt	61 000	826 000	1 762 000	84 000
Total Current Debt	415 000	1 227 000	2 143 000	614 000
Total Equity and Debt	4 628 000	4 638 000	4 410 000	1 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,08 %	33,5 %	41,91 %	72,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,93 %	66,55 %	61,47 %	46,84 %
Current Ratio	2,24	0,74	0,31	1,14
Quick Ratio	2,24	0,74	0,31	1,14
Equity Ratio	0,91	0,74	0,51	0,68
Gross Profit Margin	77,32 %	100 %	100 %	100 %