VITAL ELEKTRO AS

0579 OSLO

Finances

Share Ownership

Return on Equity

3,27 %

Current Ratio

1,73

Debt-to-Equity Ratio

1,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 720 000	16 714 000	12 813 000	10 122 000
Net Income	49 000	926 000	419 000	239 000
Total Assets	7 476 000	8 450 000	5 932 000	5 869 000
Total Equity	1 500 000	1 450 000	1 324 000	1 442 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 720 000	16 714 000	12 813 000	10 122 000
Expenditure	18 773 000	15 600 000	12 250 000	9 658 000
Operating Profit	197 000	1 277 000	640 000	392 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	128 000	80 000	100 000	86 000
Financial Balance	−126 000	−80 000	−99 000	−84 000
Earnings Before Tax	71 000	1 197 000	541 000	308 000
Tax	22 000	271 000	122 000	69 000
Net Income	49 000	926 000	419 000	239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 258 000	2 619 000	1 817 000	2 575 000
Total Current Assets	5 218 000	5 831 000	4 114 000	3 294 000
Total Assets	7 476 000	8 450 000	5 932 000	5 869 000
Total Retained Equity	1 400 000	1 350 000	1 224 000	1 342 000
Total Equity	1 500 000	1 450 000	1 324 000	1 442 000
Total Long-Term Debt	2 957 000	2 804 000	1 927 000	2 588 000
Total Current Debt	3 020 000	4 196 000	2 681 000	1 839 000
Total Equity and Debt	7 476 000	8 450 000	5 932 000	5 869 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 667 000	16 659 000	12 706 000	10 121 000
Other Income	52 000	55 000	107 000	1 000
Revenue	18 720 000	16 714 000	12 813 000	10 122 000
Cost of Goods Sold	6 420 000	5 292 000	4 321 000	3 214 000
Salary Costs	8 145 000	7 174 000	5 256 000	4 223 000
Depreciation	548 000	591 000	619 000	484 000
Impairment	0	0	0	0
Expenditure	18 773 000	15 600 000	12 250 000	9 658 000
Operating Profit	197 000	1 277 000	640 000	392 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	128 000	80 000	100 000	86 000
Financial Balance	−126 000	−80 000	−99 000	−84 000
Dividends	0	800 000	537 000	0
Net Income	49 000	926 000	419 000	239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	29 000	42 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 966 000	2 501 000	1 728 000	2 520 000
Total Tangible Assets	1 966 000	2 501 000	1 728 000	2 520 000
Total Fiancial Fixed Assets	245 000	88 000	47 000	0
Total Fixed Assets	2 258 000	2 619 000	1 817 000	2 575 000
Stock	754 000	503 000	340 000	262 000
Total Investments	0	0	0	0
Cash, Bank	2 053 000	2 571 000	2 210 000	1 924 000
Total Current Assets	5 218 000	5 831 000	4 114 000	3 294 000
Total Assets	7 476 000	8 450 000	5 932 000	5 869 000
Total Equity	1 500 000	1 450 000	1 324 000	1 442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 957 000	2 804 000	1 927 000	2 588 000
Creditors	375 000	583 000	308 000	348 000
Unpaid Taxes	939 000	861 000	879 000	579 000
Dividends	0	800 000	537 000	0
Other Current Debt	1 594 000	1 701 000	1 046 000	841 000
Total Current Debt	3 020 000	4 196 000	2 681 000	1 839 000
Total Equity and Debt	7 476 000	8 450 000	5 932 000	5 869 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,27 %	63,86 %	31,65 %	16,57 %
Debt-to-Equity Ratio	1,97	1,93	1,46	1,79
Operating Profit Margin	1,05 %	7,64 %	4,99 %	3,87 %
Current Ratio	1,73	1,39	1,53	1,79
Quick Ratio	2,3	1,58	1,76	2,09
Equity Ratio	0,2	0,17	0,22	0,25
Gross Profit Margin	65,71 %	68,34 %	66,28 %	68,25 %