VITEC MEGLER AS

0185 OSLO

Finances

Return on Equity

215,85 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 043 000	94 446 000	83 562 000	83 171 000
Net Income	7 680 000	10 910 000	8 276 000	9 016 000
Total Assets	18 919 000	30 855 000	40 636 000	48 166 000
Total Equity	3 558 000	3 763 000	7 800 000	21 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 043 000	94 446 000	83 562 000	83 171 000
Expenditure	83 730 000	80 474 000	73 088 000	71 547 000
Operating Profit	8 313 000	13 971 000	10 474 000	11 625 000
Financial Income	21 000	29 000	24 000	68 000
Financial Costs	64 000	65 000	78 000	142 000
Financial Balance	−43 000	−36 000	−54 000	−74 000
Earnings Before Tax	8 269 000	13 935 000	10 420 000	11 551 000
Tax	589 000	3 025 000	2 144 000	2 535 000
Net Income	7 680 000	10 910 000	8 276 000	9 016 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 713 000	5 840 000	6 244 000	6 069 000
Total Current Assets	17 205 000	25 015 000	34 392 000	42 097 000
Total Assets	18 919 000	30 855 000	40 636 000	48 166 000
Total Retained Equity	189 000	394 000	4 431 000	18 147 000
Total Equity	3 558 000	3 763 000	7 800 000	21 516 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 360 000	27 092 000	32 836 000	26 650 000
Total Equity and Debt	18 919 000	30 855 000	40 636 000	48 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 995 000	93 062 000	81 831 000	80 160 000
Other Income	1 047 000	1 384 000	1 731 000	3 011 000
Revenue	92 043 000	94 446 000	83 562 000	83 171 000
Cost of Goods Sold	25 474 000	31 064 000	25 961 000	20 871 000
Salary Costs	35 654 000	29 258 000	26 620 000	25 581 000
Depreciation	240 000	854 000	1 143 000	1 020 000
Impairment	0	0	0	0
Expenditure	83 730 000	80 474 000	73 088 000	71 547 000
Operating Profit	8 313 000	13 971 000	10 474 000	11 625 000
Financial Income	21 000	29 000	24 000	68 000
Financial Costs	64 000	65 000	78 000	142 000
Financial Balance	−43 000	−36 000	−54 000	−74 000
Dividends	0	7 000 000	15 868 000	10 000 000
Net Income	7 680 000	10 910 000	8 276 000	9 016 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 494 000	5 379 000	3 744 000	2 991 000
Real Eastate	11 000	47 000	89 000	271 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	158 000	363 000	492 000	889 000
Total Tangible Assets	170 000	410 000	581 000	1 160 000
Total Fiancial Fixed Assets	50 000	50 000	1 918 000	1 918 000
Total Fixed Assets	1 713 000	5 840 000	6 244 000	6 069 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 381 000	1 219 000	1 103 000	1 285 000
Total Current Assets	17 205 000	25 015 000	34 392 000	42 097 000
Total Assets	18 919 000	30 855 000	40 636 000	48 166 000
Total Equity	3 558 000	3 763 000	7 800 000	21 516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 991 000	2 552 000	1 784 000	1 902 000
Unpaid Taxes	4 445 000	3 415 000	3 225 000	3 046 000
Dividends	0	7 000 000	15 868 000	10 000 000
Other Current Debt	7 940 000	13 827 000	11 511 000	11 644 000
Total Current Debt	15 360 000	27 092 000	32 836 000	26 650 000
Total Equity and Debt	18 919 000	30 855 000	40 636 000	48 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	215,85 %	289,93 %	106,1 %	41,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,03 %	14,79 %	12,53 %	13,98 %
Current Ratio	1,12	0,92	1,05	1,58
Quick Ratio	1,12	0,92	1,05	1,58
Equity Ratio	0,19	0,12	0,19	0,45
Gross Profit Margin	72,32 %	67,11 %	68,93 %	74,91 %