VITAE EIENDOM AS

3746 SKIEN

Finances

Share Ownership

Return on Equity

40,34 %

Current Ratio

0,29

Debt-to-Equity Ratio

6,6

Key figures (NOK)	2022	2021	2020
Revenue	794 000	772 000	249 000
Net Income	334 000	394 000	−13 000
Total Assets	6 450 000	6 563 000	6 645 000
Total Equity	828 000	494 000	100 000

Income (NOK)	2022	2021	2020
Revenue	794 000	772 000	249 000
Expenditure	134 000	98 000	223 000
Operating Profit	660 000	674 000	26 000
Financial Income	0	0	0
Financial Costs	232 000	169 000	43 000
Financial Balance	−232 000	−169 000	−43 000
Earnings Before Tax	428 000	505 000	−17 000
Tax	94 000	111 000	−4 000
Net Income	334 000	394 000	−13 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 403 000	6 403 000	6 403 000
Total Current Assets	47 000	160 000	241 000
Total Assets	6 450 000	6 563 000	6 645 000
Total Retained Equity	728 000	394 000	0
Total Equity	828 000	494 000	100 000
Total Long-Term Debt	5 462 000	5 892 000	6 467 000
Total Current Debt	161 000	177 000	77 000
Total Equity and Debt	6 450 000	6 563 000	6 645 000

Cash flow (NOK)	2022	2021	2020
Sales Income	794 000	772 000	249 000
Other Income	0	0	0
Revenue	794 000	772 000	249 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	134 000	98 000	223 000
Operating Profit	660 000	674 000	26 000
Financial Income	0	0	0
Financial Costs	232 000	169 000	43 000
Financial Balance	−232 000	−169 000	−43 000
Dividends	0	0	0
Net Income	334 000	394 000	−13 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	6 403 000	6 403 000	6 403 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 403 000	6 403 000	6 403 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 403 000	6 403 000	6 403 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	32 000	145 000	212 000
Total Current Assets	47 000	160 000	241 000
Total Assets	6 450 000	6 563 000	6 645 000
Total Equity	828 000	494 000	100 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	5 462 000	5 892 000	6 467 000
Creditors	0	0	13 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	66 000	66 000	64 000
Total Current Debt	161 000	177 000	77 000
Total Equity and Debt	6 450 000	6 563 000	6 645 000

Financial indicators	2022	2021	2020
Return on Equity	40,34 %	79,76 %	−13 %
Debt-to-Equity Ratio	6,6	11,93	64,67
Operating Profit Margin	83,12 %	87,31 %	10,44 %
Current Ratio	0,29	0,9	3,13
Quick Ratio	0,29	0,9	3,13
Equity Ratio	0,13	0,08	0,02
Gross Profit Margin	100 %	100 %	100 %