VITBANK GÅRD AS

3414 LIERSTRANDA

Finances

Return on Equity

20,31 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 522 000	34 483 000	35 454 000	34 409 000
Net Income	8 972 000	7 415 000	5 432 000	4 314 000
Total Assets	59 723 000	53 719 000	44 841 000	43 345 000
Total Equity	44 184 000	39 212 000	35 797 000	33 364 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 522 000	34 483 000	35 454 000	34 409 000
Expenditure	31 342 000	28 768 000	29 831 000	30 378 000
Operating Profit	7 179 000	5 716 000	5 623 000	4 030 000
Financial Income	4 820 000	3 731 000	1 551 000	1 590 000
Financial Costs	988 000	341 000	998 000	83 000
Financial Balance	3 832 000	3 390 000	553 000	1 507 000
Earnings Before Tax	11 012 000	9 105 000	6 177 000	5 538 000
Tax	2 040 000	1 690 000	745 000	1 223 000
Net Income	8 972 000	7 415 000	5 432 000	4 314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 351 000	36 502 000	30 404 000	27 694 000
Total Current Assets	19 372 000	17 217 000	14 438 000	15 650 000
Total Assets	59 723 000	53 719 000	44 841 000	43 345 000
Total Retained Equity	43 684 000	38 712 000	35 297 000	32 864 000
Total Equity	44 184 000	39 212 000	35 797 000	33 364 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 539 000	14 507 000	9 045 000	9 980 000
Total Equity and Debt	59 723 000	53 719 000	44 841 000	43 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 135 000	25 512 000	25 382 000	25 609 000
Other Income	9 387 000	8 971 000	10 072 000	8 800 000
Revenue	38 522 000	34 483 000	35 454 000	34 409 000
Cost of Goods Sold	25 861 000	22 675 000	23 901 000	23 192 000
Salary Costs	0	0	0	0
Depreciation	1 910 000	2 067 000	2 634 000	3 649 000
Impairment	0	0	0	0
Expenditure	31 342 000	28 768 000	29 831 000	30 378 000
Operating Profit	7 179 000	5 716 000	5 623 000	4 030 000
Financial Income	4 820 000	3 731 000	1 551 000	1 590 000
Financial Costs	988 000	341 000	998 000	83 000
Financial Balance	3 832 000	3 390 000	553 000	1 507 000
Dividends	4 000 000	4 000 000	0	0
Net Income	8 972 000	7 415 000	5 432 000	4 314 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 337 000	6 731 000	7 967 000	9 645 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 741 000	5 383 000	6 307 000	2 232 000
Total Tangible Assets	12 078 000	12 114 000	14 275 000	11 877 000
Total Fiancial Fixed Assets	28 273 000	24 389 000	16 129 000	15 818 000
Total Fixed Assets	40 351 000	36 502 000	30 404 000	27 694 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 618 000	9 457 000	3 694 000	5 598 000
Total Current Assets	19 372 000	17 217 000	14 438 000	15 650 000
Total Assets	59 723 000	53 719 000	44 841 000	43 345 000
Total Equity	44 184 000	39 212 000	35 797 000	33 364 000
Short-Term Group Debt	0	0	0	635 000
Total Long-Term Debt	0	0	0	0
Creditors	354 000	428 000	818 000	94 000
Unpaid Taxes	9 125 000	8 369 000	4 462 000	5 148 000
Dividends	4 000 000	4 000 000	0	0
Other Current Debt	20 000	20 000	20 000	20 000
Total Current Debt	15 539 000	14 507 000	9 045 000	9 980 000
Total Equity and Debt	59 723 000	53 719 000	44 841 000	43 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,31 %	18,91 %	15,17 %	12,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,64 %	16,58 %	15,86 %	11,71 %
Current Ratio	1,25	1,19	1,6	1,57
Quick Ratio	1,25	1,19	1,6	1,57
Equity Ratio	0,74	0,73	0,8	0,77
Gross Profit Margin	32,87 %	34,24 %	32,59 %	32,6 %