VITENWAHL AS

3112 TØNSBERG

Finances

Share Ownership

Return on Equity

1,18 %

Current Ratio

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020
Revenue	13 044 000	7 298 000	7 994 000
Net Income	54 000	259 000	1 665 000
Total Assets	11 652 000	10 448 000	6 390 000
Total Equity	4 595 000	4 559 000	4 301 000

Income (NOK)	2022	2021	2020
Revenue	13 044 000	7 298 000	7 994 000
Expenditure	12 727 000	6 722 000	5 843 000
Operating Profit	317 000	577 000	2 151 000
Financial Income	60 000	0	31 000
Financial Costs	287 000	191 000	48 000
Financial Balance	−227 000	−191 000	−17 000
Earnings Before Tax	91 000	386 000	2 134 000
Tax	37 000	127 000	469 000
Net Income	54 000	259 000	1 665 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 604 000	6 770 000	19 000
Total Current Assets	5 048 000	3 679 000	6 371 000
Total Assets	11 652 000	10 448 000	6 390 000
Total Retained Equity	1 953 000	1 918 000	1 660 000
Total Equity	4 595 000	4 559 000	4 301 000
Total Long-Term Debt	4 538 000	4 725 000	0
Total Current Debt	2 519 000	1 164 000	2 089 000
Total Equity and Debt	11 652 000	10 448 000	6 390 000

Cash flow (NOK)	2022	2021	2020
Sales Income	13 019 000	7 106 000	7 994 000
Other Income	26 000	192 000	0
Revenue	13 044 000	7 298 000	7 994 000
Cost of Goods Sold	6 563 000	3 218 000	2 151 000
Salary Costs	2 901 000	1 941 000	1 876 000
Depreciation	225 000	127 000	3 000
Impairment	0	0	0
Expenditure	12 727 000	6 722 000	5 843 000
Operating Profit	317 000	577 000	2 151 000
Financial Income	60 000	0	31 000
Financial Costs	287 000	191 000	48 000
Financial Balance	−227 000	−191 000	−17 000
Dividends	0	0	0
Net Income	54 000	259 000	1 665 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	7 000
Real Eastate	6 392 000	6 475 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	211 000	294 000	12 000
Total Tangible Assets	6 604 000	6 770 000	12 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 604 000	6 770 000	19 000
Stock	241 000	196 000	764 000
Total Investments	0	0	0
Cash, Bank	4 466 000	2 680 000	5 201 000
Total Current Assets	5 048 000	3 679 000	6 371 000
Total Assets	11 652 000	10 448 000	6 390 000
Total Equity	4 595 000	4 559 000	4 301 000
Short-Term Group Debt	24 000	0	0
Total Long-Term Debt	4 538 000	4 725 000	0
Creditors	371 000	371 000	421 000
Unpaid Taxes	1 244 000	416 000	721 000
Dividends	0	0	0
Other Current Debt	849 000	256 000	472 000
Total Current Debt	2 519 000	1 164 000	2 089 000
Total Equity and Debt	11 652 000	10 448 000	6 390 000

Financial indicators	2022	2021	2020
Return on Equity	1,18 %	5,68 %	38,71 %
Debt-to-Equity Ratio	0,99	1,04	0
Operating Profit Margin	2,43 %	7,91 %	26,91 %
Current Ratio	2	3,16	3,05
Quick Ratio	2,22	3,8	4,81
Equity Ratio	0,39	0,44	0,67
Gross Profit Margin	49,69 %	55,91 %	73,09 %