VITAR AS

8160 GLOMFJORD

Finances

Return on Equity

2,61 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 028 000	1 386 000	4 402 000	2 635 000
Net Income	409 000	2 654 000	3 969 000	805 000
Total Assets	17 793 000	18 396 000	16 844 000	13 663 000
Total Equity	15 700 000	15 290 000	12 637 000	8 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 028 000	1 386 000	4 402 000	2 635 000
Expenditure	2 274 000	2 107 000	3 657 000	3 098 000
Operating Profit	−1 246 000	−721 000	745 000	−463 000
Financial Income	2 042 000	3 234 000	3 477 000	1 714 000
Financial Costs	527 000	20 000	21 000	526 000
Financial Balance	1 515 000	3 214 000	3 456 000	1 188 000
Earnings Before Tax	269 000	2 493 000	4 200 000	724 000
Tax	−140 000	−161 000	231 000	−81 000
Net Income	409 000	2 654 000	3 969 000	805 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 225 000	14 016 000	11 855 000	3 533 000
Total Current Assets	3 568 000	4 380 000	4 990 000	10 130 000
Total Assets	17 793 000	18 396 000	16 844 000	13 663 000
Total Retained Equity	15 650 000	15 240 000	12 587 000	8 618 000
Total Equity	15 700 000	15 290 000	12 637 000	8 668 000
Total Long-Term Debt	293 000	477 000	681 000	655 000
Total Current Debt	1 800 000	2 628 000	3 527 000	4 340 000
Total Equity and Debt	17 793 000	18 396 000	16 844 000	13 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 028 000	1 386 000	4 210 000	2 495 000
Other Income	0	0	192 000	140 000
Revenue	1 028 000	1 386 000	4 402 000	2 635 000
Cost of Goods Sold	24 000	0	44 000	53 000
Salary Costs	1 396 000	1 277 000	2 225 000	2 254 000
Depreciation	83 000	85 000	114 000	154 000
Impairment	0	0	0	0
Expenditure	2 274 000	2 107 000	3 657 000	3 098 000
Operating Profit	−1 246 000	−721 000	745 000	−463 000
Financial Income	2 042 000	3 234 000	3 477 000	1 714 000
Financial Costs	527 000	20 000	21 000	526 000
Financial Balance	1 515 000	3 214 000	3 456 000	1 188 000
Dividends	0	0	0	0
Net Income	409 000	2 654 000	3 969 000	805 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 000	15 000	15 000	15 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	72 000	91 000	182 000
Total Tangible Assets	387 000	470 000	555 000	712 000
Total Fiancial Fixed Assets	13 838 000	13 547 000	11 300 000	2 821 000
Total Fixed Assets	14 225 000	14 016 000	11 855 000	3 533 000
Stock	60 000	60 000	60 000	60 000
Total Investments	0	0	0	0
Cash, Bank	213 000	445 000	1 487 000	632 000
Total Current Assets	3 568 000	4 380 000	4 990 000	10 130 000
Total Assets	17 793 000	18 396 000	16 844 000	13 663 000
Total Equity	15 700 000	15 290 000	12 637 000	8 668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	293 000	477 000	681 000	655 000
Creditors	−10 000	21 000	41 000	94 000
Unpaid Taxes	107 000	989 000	981 000	245 000
Dividends	0	0	0	0
Other Current Debt	1 704 000	1 618 000	2 337 000	4 001 000
Total Current Debt	1 800 000	2 628 000	3 527 000	4 340 000
Total Equity and Debt	17 793 000	18 396 000	16 844 000	13 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,61 %	17,36 %	31,41 %	9,29 %
Debt-to-Equity Ratio	0,02	0,03	0,05	0,08
Operating Profit Margin	−121,21 %	−52,02 %	16,92 %	−17,57 %
Current Ratio	1,98	1,67	1,41	2,33
Quick Ratio	2,05	1,71	1,44	2,37
Equity Ratio	0,88	0,83	0,75	0,63
Gross Profit Margin	97,67 %	100 %	99 %	97,99 %