VITIS AS

8622 MO I RANA

Finances

Return on Equity

4,65 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	111 000	111 000	2 397 000	143 000
Net Income	382 000	344 000	2 594 000	498 000
Total Assets	10 317 000	11 510 000	12 865 000	9 641 000
Total Equity	8 215 000	8 332 000	9 989 000	8 395 000

Income (NOK)	2022	2021	2020	2019
Revenue	111 000	111 000	2 397 000	143 000
Expenditure	388 000	273 000	228 000	307 000
Operating Profit	−277 000	−162 000	2 170 000	−164 000
Financial Income	872 000	644 000	1 044 000	804 000
Financial Costs	42 000	41 000	18 000	1 000
Financial Balance	830 000	603 000	1 026 000	803 000
Earnings Before Tax	554 000	440 000	3 196 000	638 000
Tax	171 000	97 000	602 000	141 000
Net Income	382 000	344 000	2 594 000	498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 884 000	8 850 000	9 061 000	8 645 000
Total Current Assets	1 433 000	2 660 000	3 804 000	996 000
Total Assets	10 317 000	11 510 000	12 865 000	9 641 000
Total Retained Equity	7 765 000	7 882 000	9 539 000	7 945 000
Total Equity	8 215 000	8 332 000	9 989 000	8 395 000
Total Long-Term Debt	802 000	1 009 000	1 236 000	0
Total Current Debt	1 299 000	2 168 000	1 641 000	1 245 000
Total Equity and Debt	10 317 000	11 510 000	12 865 000	9 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	111 000	111 000	2 397 000	143 000
Revenue	111 000	111 000	2 397 000	143 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	61 000	91 000	91 000
Impairment	0	0	0	0
Expenditure	388 000	273 000	228 000	307 000
Operating Profit	−277 000	−162 000	2 170 000	−164 000
Financial Income	872 000	644 000	1 044 000	804 000
Financial Costs	42 000	41 000	18 000	1 000
Financial Balance	830 000	603 000	1 026 000	803 000
Dividends	500 000	2 000 000	1 000 000	1 200 000
Net Income	382 000	344 000	2 594 000	498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	127 000
Real Eastate	0	12 000	73 000	453 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	12 000	73 000	453 000
Total Fiancial Fixed Assets	8 884 000	8 838 000	8 988 000	8 065 000
Total Fixed Assets	8 884 000	8 850 000	9 061 000	8 645 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	604 000	2 059 000	317 000	63 000
Total Current Assets	1 433 000	2 660 000	3 804 000	996 000
Total Assets	10 317 000	11 510 000	12 865 000	9 641 000
Total Equity	8 215 000	8 332 000	9 989 000	8 395 000
Short-Term Group Debt	70 000	70 000	420 000	70 000
Total Long-Term Debt	802 000	1 009 000	1 236 000	0
Creditors	1 000	20 000	1 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	500 000	2 000 000	1 000 000	1 200 000
Other Current Debt	504 000	904 000	4 000	11 000
Total Current Debt	1 299 000	2 168 000	1 641 000	1 245 000
Total Equity and Debt	10 317 000	11 510 000	12 865 000	9 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,65 %	4,13 %	25,97 %	5,93 %
Debt-to-Equity Ratio	0,1	0,12	0,12	0
Operating Profit Margin	−249,55 %	−145,95 %	90,53 %	−114,69 %
Current Ratio	1,1	1,23	2,32	0,8
Quick Ratio	1,1	1,23	2,32	0,8
Equity Ratio	0,8	0,72	0,78	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %