MSVITO AS

6533 AVERØY

Finances

Share Ownership

Return on Equity

69,59 %

Current Ratio

4,77

Debt-to-Equity Ratio

2,46

Key figures (NOK)	2022	2021	2020
Revenue	988 000	657 000	353 000
Net Income	357 000	85 000	−29 000
Total Assets	1 894 000	1 551 000	1 741 000
Total Equity	513 000	157 000	72 000

Income (NOK)	2022	2021	2020
Revenue	988 000	657 000	353 000
Expenditure	461 000	489 000	315 000
Operating Profit	527 000	168 000	38 000
Financial Income	2 000	2 000	0
Financial Costs	75 000	69 000	67 000
Financial Balance	−73 000	−67 000	−67 000
Earnings Before Tax	454 000	101 000	−29 000
Tax	97 000	16 000	0
Net Income	357 000	85 000	−29 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 325 000	1 444 000	1 561 000
Total Current Assets	568 000	108 000	181 000
Total Assets	1 894 000	1 551 000	1 741 000
Total Retained Equity	413 000	56 000	−29 000
Total Equity	513 000	157 000	72 000
Total Long-Term Debt	1 262 000	1 404 000	1 575 000
Total Current Debt	119 000	−9 000	95 000
Total Equity and Debt	1 894 000	1 551 000	1 741 000

Cash flow (NOK)	2022	2021	2020
Sales Income	976 000	632 000	353 000
Other Income	12 000	25 000	0
Revenue	988 000	657 000	353 000
Cost of Goods Sold	26 000	34 000	14 000
Salary Costs	0	0	0
Depreciation	118 000	118 000	107 000
Impairment	0	0	0
Expenditure	461 000	489 000	315 000
Operating Profit	527 000	168 000	38 000
Financial Income	2 000	2 000	0
Financial Costs	75 000	69 000	67 000
Financial Balance	−73 000	−67 000	−67 000
Dividends	0	0	0
Net Income	357 000	85 000	−29 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	37 000	47 000	56 000
Fixtures	6 000	9 000	12 000
Total Tangible Assets	1 324 000	1 443 000	1 561 000
Total Fiancial Fixed Assets	1 000	1 000	0
Total Fixed Assets	1 325 000	1 444 000	1 561 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	283 000	51 000	48 000
Total Current Assets	568 000	108 000	181 000
Total Assets	1 894 000	1 551 000	1 741 000
Total Equity	513 000	157 000	72 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 262 000	1 404 000	1 575 000
Creditors	17 000	11 000	37 000
Unpaid Taxes	50 000	0	0
Dividends	0	0	0
Other Current Debt	0	−20 000	58 000
Total Current Debt	119 000	−9 000	95 000
Total Equity and Debt	1 894 000	1 551 000	1 741 000

Financial indicators	2022	2021	2020
Return on Equity	69,59 %	54,14 %	−40,28 %
Debt-to-Equity Ratio	2,46	8,94	21,88
Operating Profit Margin	53,34 %	25,57 %	10,76 %
Current Ratio	4,77	−12	1,91
Quick Ratio	4,77	−12	1,91
Equity Ratio	0,27	0,1	0,04
Gross Profit Margin	97,37 %	94,82 %	96,03 %