VITTERSØ MASKIN AS

3280 TJODALYNG

Finances

Share Ownership

Return on Equity

1,61 %

Current Ratio

2,49

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 233 000	4 036 000	3 564 000	594 000
Net Income	17 000	244 000	542 000	50 000
Total Assets	1 590 000	2 132 000	1 457 000	708 000
Total Equity	1 053 000	1 036 000	792 000	250 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 233 000	4 036 000	3 564 000	594 000
Expenditure	3 204 000	3 711 000	2 857 000	519 000
Operating Profit	28 000	324 000	706 000	75 000
Financial Income	2 000	0	0	0
Financial Costs	8 000	9 000	11 000	11 000
Financial Balance	−6 000	−9 000	−11 000	−11 000
Earnings Before Tax	22 000	315 000	695 000	64 000
Tax	5 000	70 000	153 000	14 000
Net Income	17 000	244 000	542 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	593 000	770 000	504 000	272 000
Total Current Assets	997 000	1 362 000	953 000	436 000
Total Assets	1 590 000	2 132 000	1 457 000	708 000
Total Retained Equity	853 000	836 000	592 000	50 000
Total Equity	1 053 000	1 036 000	792 000	250 000
Total Long-Term Debt	137 000	198 000	245 000	282 000
Total Current Debt	400 000	898 000	419 000	176 000
Total Equity and Debt	1 590 000	2 132 000	1 457 000	708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 233 000	4 036 000	3 564 000	594 000
Other Income	0	0	0	0
Revenue	3 233 000	4 036 000	3 564 000	594 000
Cost of Goods Sold	786 000	1 106 000	1 060 000	113 000
Salary Costs	1 470 000	1 258 000	825 000	179 000
Depreciation	111 000	80 000	45 000	8 000
Impairment	0	0	0	0
Expenditure	3 204 000	3 711 000	2 857 000	519 000
Operating Profit	28 000	324 000	706 000	75 000
Financial Income	2 000	0	0	0
Financial Costs	8 000	9 000	11 000	11 000
Financial Balance	−6 000	−9 000	−11 000	−11 000
Dividends	0	0	0	0
Net Income	17 000	244 000	542 000	50 000

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	318 000	388 000	257 000	0
Fixtures	197 000	222 000	247 000	272 000
Total Tangible Assets	515 000	610 000	504 000	272 000
Total Fiancial Fixed Assets	78 000	160 000	0	0
Total Fixed Assets	593 000	770 000	504 000	272 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	712 000	863 000	407 000	126 000
Total Current Assets	997 000	1 362 000	953 000	436 000
Total Assets	1 590 000	2 132 000	1 457 000	708 000
Total Equity	1 053 000	1 036 000	792 000	250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	137 000	198 000	245 000	282 000
Creditors	128 000	543 000	170 000	112 000
Unpaid Taxes	151 000	192 000	49 000	48 000
Dividends	0	0	0	0
Other Current Debt	113 000	101 000	64 000	15 000
Total Current Debt	400 000	898 000	419 000	176 000
Total Equity and Debt	1 590 000	2 132 000	1 457 000	708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,61 %	23,55 %	68,43 %	20 %
Debt-to-Equity Ratio	0,13	0,19	0,31	1,13
Operating Profit Margin	0,87 %	8,03 %	19,81 %	12,63 %
Current Ratio	2,49	1,52	2,27	2,48
Quick Ratio	2,49	1,52	2,27	2,48
Equity Ratio	0,66	0,49	0,54	0,35
Gross Profit Margin	75,69 %	72,6 %	70,26 %	80,98 %