VITTCO AS

3514 HØNEFOSS

Finances

Return on Equity

3,32 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 000	0	0	160 000
Net Income	11 000	−38 000	−32 000	126 000
Total Assets	475 000	453 000	492 000	682 000
Total Equity	331 000	320 000	358 000	390 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 000	0	0	160 000
Expenditure	40 000	38 000	31 000	30 000
Operating Profit	13 000	−38 000	−31 000	130 000
Financial Income	1 000	0	0	2 000
Financial Costs	3 000	1 000	1 000	6 000
Financial Balance	−2 000	−1 000	−1 000	−4 000
Earnings Before Tax	11 000	−38 000	−32 000	126 000
Tax	0	0	0	0
Net Income	11 000	−38 000	−32 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	294 000	300 000	309 000
Total Current Assets	187 000	159 000	192 000	372 000
Total Assets	475 000	453 000	492 000	682 000
Total Retained Equity	231 000	220 000	258 000	290 000
Total Equity	331 000	320 000	358 000	390 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	144 000	133 000	134 000	292 000
Total Equity and Debt	475 000	453 000	492 000	682 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 000	0	0	160 000
Other Income	0	0	0	0
Revenue	54 000	0	0	160 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 000	0
Depreciation	5 000	7 000	9 000	11 000
Impairment	0	0	0	0
Expenditure	40 000	38 000	31 000	30 000
Operating Profit	13 000	−38 000	−31 000	130 000
Financial Income	1 000	0	0	2 000
Financial Costs	3 000	1 000	1 000	6 000
Financial Balance	−2 000	−1 000	−1 000	−4 000
Dividends	0	0	0	0
Net Income	11 000	−38 000	−32 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	37 000	44 000	53 000
Total Tangible Assets	32 000	37 000	44 000	53 000
Total Fiancial Fixed Assets	256 000	256 000	256 000	256 000
Total Fixed Assets	288 000	294 000	300 000	309 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	187 000	152 000	187 000	372 000
Total Current Assets	187 000	159 000	192 000	372 000
Total Assets	475 000	453 000	492 000	682 000
Total Equity	331 000	320 000	358 000	390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	2 000	0
Unpaid Taxes	5 000	0	0	36 000
Dividends	0	0	0	0
Other Current Debt	138 000	133 000	132 000	256 000
Total Current Debt	144 000	133 000	134 000	292 000
Total Equity and Debt	475 000	453 000	492 000	682 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,32 %	−11,88 %	−8,94 %	32,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,07 %	-	-	81,25 %
Current Ratio	1,3	1,2	1,43	1,27
Quick Ratio	1,3	1,2	1,43	1,27
Equity Ratio	0,7	0,71	0,73	0,57
Gross Profit Margin	100 %	-	-	100 %