VITO MEDICAL AS

3021 DRAMMEN

Finances

Return on Equity

−11,3 %

Current Ratio

51,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	597 000	6 136 000	30 214 000
Net Income	−503 000	−990 000	13 845 000
Total Assets	4 538 000	15 225 000	36 652 000
Total Equity	4 452 000	14 885 000	15 875 000

Income (NOK)	2022	2021	2020
Revenue	597 000	6 136 000	30 214 000
Expenditure	1 159 000	7 110 000	12 326 000
Operating Profit	−562 000	−974 000	17 888 000
Financial Income	60 000	2 000	0
Financial Costs	1 000	18 000	137 000
Financial Balance	59 000	−16 000	−137 000
Earnings Before Tax	−503 000	−990 000	17 751 000
Tax	0	0	3 905 000
Net Income	−503 000	−990 000	13 845 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	83 000	110 000	0
Total Current Assets	4 455 000	15 115 000	36 652 000
Total Assets	4 538 000	15 225 000	36 652 000
Total Retained Equity	4 352 000	4 855 000	5 845 000
Total Equity	4 452 000	14 885 000	15 875 000
Total Long-Term Debt	0	0	0
Total Current Debt	86 000	340 000	20 776 000
Total Equity and Debt	4 538 000	15 225 000	36 652 000

Cash flow (NOK)	2022	2021	2020
Sales Income	596 000	2 802 000	28 530 000
Other Income	0	3 334 000	1 684 000
Revenue	597 000	6 136 000	30 214 000
Cost of Goods Sold	335 000	4 993 000	12 029 000
Salary Costs	542 000	1 682 000	0
Depreciation	27 000	25 000	0
Impairment	0	0	0
Expenditure	1 159 000	7 110 000	12 326 000
Operating Profit	−562 000	−974 000	17 888 000
Financial Income	60 000	2 000	0
Financial Costs	1 000	18 000	137 000
Financial Balance	59 000	−16 000	−137 000
Dividends	0	0	8 000 000
Net Income	−503 000	−990 000	13 845 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	83 000	110 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	83 000	110 000	0
Stock	0	0	0
Total Investments	968 000	0	0
Cash, Bank	3 440 000	14 740 000	36 020 000
Total Current Assets	4 455 000	15 115 000	36 652 000
Total Assets	4 538 000	15 225 000	36 652 000
Total Equity	4 452 000	14 885 000	15 875 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	24 000	15 000	1 750 000
Unpaid Taxes	0	138 000	7 121 000
Dividends	0	0	8 000 000
Other Current Debt	61 000	188 000	0
Total Current Debt	86 000	340 000	20 776 000
Total Equity and Debt	4 538 000	15 225 000	36 652 000

Financial indicators	2022	2021	2020
Return on Equity	−11,3 %	−6,65 %	87,21 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−94,14 %	−15,87 %	59,2 %
Current Ratio	51,8	44,46	1,76
Quick Ratio	51,8	44,46	1,76
Equity Ratio	0,98	0,98	0,43
Gross Profit Margin	43,89 %	18,63 %	60,19 %