VITEC AGRANDO AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

146,13 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 148 000	28 363 000	25 276 000	23 659 000
Net Income	5 290 000	4 281 000	2 085 000	3 093 000
Total Assets	14 641 000	14 864 000	21 821 000	22 728 000
Total Equity	3 620 000	3 730 000	6 791 000	16 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 148 000	28 363 000	25 276 000	23 659 000
Expenditure	27 408 000	22 864 000	22 547 000	19 661 000
Operating Profit	6 741 000	5 498 000	2 729 000	3 998 000
Financial Income	77 000	11 000	1 000	3 000
Financial Costs	36 000	19 000	56 000	36 000
Financial Balance	41 000	−8 000	−55 000	−33 000
Earnings Before Tax	6 782 000	5 491 000	2 674 000	3 966 000
Tax	1 492 000	1 210 000	589 000	872 000
Net Income	5 290 000	4 281 000	2 085 000	3 093 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	5 893 000	5 938 000	5 949 000
Total Current Assets	14 621 000	8 971 000	15 883 000	16 779 000
Total Assets	14 641 000	14 864 000	21 821 000	22 728 000
Total Retained Equity	2 491 000	2 600 000	5 662 000	15 576 000
Total Equity	3 620 000	3 730 000	6 791 000	16 706 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 021 000	11 134 000	15 030 000	6 022 000
Total Equity and Debt	14 641 000	14 864 000	21 821 000	22 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 901 000	25 015 000	25 276 000	23 659 000
Other Income	7 248 000	3 347 000	0	0
Revenue	34 148 000	28 363 000	25 276 000	23 659 000
Cost of Goods Sold	4 436 000	4 243 000	3 940 000	3 255 000
Salary Costs	13 808 000	11 797 000	11 384 000	10 592 000
Depreciation	28 000	41 000	10 000	9 000
Impairment	0	0	0	0
Expenditure	27 408 000	22 864 000	22 547 000	19 661 000
Operating Profit	6 741 000	5 498 000	2 729 000	3 998 000
Financial Income	77 000	11 000	1 000	3 000
Financial Costs	36 000	19 000	56 000	36 000
Financial Balance	41 000	−8 000	−55 000	−33 000
Dividends	1 500 000	7 000 000	12 000 000	3 000 000
Net Income	5 290 000	4 281 000	2 085 000	3 093 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	11 000	15 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	39 000	53 000	41 000
Total Tangible Assets	12 000	39 000	53 000	41 000
Total Fiancial Fixed Assets	0	5 842 000	5 869 000	5 886 000
Total Fixed Assets	21 000	5 893 000	5 938 000	5 949 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	548 000	4 000	472 000	403 000
Total Current Assets	14 621 000	8 971 000	15 883 000	16 779 000
Total Assets	14 641 000	14 864 000	21 821 000	22 728 000
Total Equity	3 620 000	3 730 000	6 791 000	16 706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 446 000	626 000	420 000	308 000
Unpaid Taxes	887 000	459 000	906 000	804 000
Dividends	1 500 000	7 000 000	12 000 000	3 000 000
Other Current Debt	1 798 000	1 501 000	1 122 000	1 111 000
Total Current Debt	11 021 000	11 134 000	15 030 000	6 022 000
Total Equity and Debt	14 641 000	14 864 000	21 821 000	22 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,13 %	114,77 %	30,7 %	18,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,74 %	19,38 %	10,8 %	16,9 %
Current Ratio	1,33	0,81	1,06	2,79
Quick Ratio	1,33	0,81	1,06	2,79
Equity Ratio	0,25	0,25	0,31	0,74
Gross Profit Margin	87,01 %	85,04 %	84,41 %	86,24 %