VIT ELEMENT HUS

0161 OSLO

Finances

Share Ownership

Return on Equity

−18,71 %

Current Ratio

98,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 000	837 000	338 000	1 047 000
Net Income	−58 000	338 000	165 000	174 000
Total Assets	313 000	505 000	415 000	408 000
Total Equity	310 000	30 000	30 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 000	837 000	338 000	1 047 000
Expenditure	135 000	319 000	161 000	820 000
Operating Profit	−88 000	518 000	178 000	227 000
Financial Income	16 000	5 000	35 000	1 000
Financial Costs	3 000	89 000	2 000	5 000
Financial Balance	13 000	−84 000	33 000	−4 000
Earnings Before Tax	−75 000	434 000	211 000	223 000
Tax	−16 000	95 000	46 000	49 000
Net Income	−58 000	338 000	165 000	174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	2 000	2 000	2 000
Total Current Assets	295 000	503 000	414 000	407 000
Total Assets	313 000	505 000	415 000	408 000
Total Retained Equity	280 000	0	0	174 000
Total Equity	310 000	30 000	30 000	204 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 000	475 000	385 000	204 000
Total Equity and Debt	313 000	505 000	415 000	408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 000	837 000	338 000	1 047 000
Other Income	0	0	0	0
Revenue	47 000	837 000	338 000	1 047 000
Cost of Goods Sold	1 000	0	4 000	0
Salary Costs	81 000	263 000	103 000	718 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	135 000	319 000	161 000	820 000
Operating Profit	−88 000	518 000	178 000	227 000
Financial Income	16 000	5 000	35 000	1 000
Financial Costs	3 000	89 000	2 000	5 000
Financial Balance	13 000	−84 000	33 000	−4 000
Dividends	0	338 000	338 000	0
Net Income	−58 000	338 000	165 000	174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	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	2 000	2 000	2 000	2 000
Total Fixed Assets	18 000	2 000	2 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	278 000	532 000	395 000	389 000
Total Current Assets	295 000	503 000	414 000	407 000
Total Assets	313 000	505 000	415 000	408 000
Total Equity	310 000	30 000	30 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	2 000	0	1 000
Unpaid Taxes	−1 000	35 000	0	153 000
Dividends	0	338 000	338 000	0
Other Current Debt	0	4 000	0	2 000
Total Current Debt	3 000	475 000	385 000	204 000
Total Equity and Debt	313 000	505 000	415 000	408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,71 %	1 126,67 %	550 %	85,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−187,23 %	61,89 %	52,66 %	21,68 %
Current Ratio	98,33	1,06	1,08	2
Quick Ratio	98,33	1,06	1,08	2
Equity Ratio	0,99	0,06	0,07	0,5
Gross Profit Margin	97,87 %	100 %	98,82 %	100 %