VITO AS

3234 SANDEFJORD

Finances

Return on Equity

4,93 %

Current Ratio

4,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	908 000	20 341 000	12 228 000	2 464 000
Net Income	655 000	2 376 000	2 505 000	−274 000
Total Assets	16 164 000	15 918 000	19 718 000	16 412 000
Total Equity	13 284 000	11 623 000	9 247 000	6 741 000

Income (NOK)	2022	2021	2020	2019
Revenue	908 000	20 341 000	12 228 000	2 464 000
Expenditure	705 000	18 013 000	9 932 000	2 928 000
Operating Profit	203 000	2 328 000	2 296 000	−465 000
Financial Income	507 000	576 000	454 000	441 000
Financial Costs	0	0	0	250 000
Financial Balance	507 000	576 000	454 000	191 000
Earnings Before Tax	709 000	2 904 000	2 751 000	−274 000
Tax	54 000	528 000	245 000	0
Net Income	655 000	2 376 000	2 505 000	−274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 826 000	3 340 000	4 774 000	4 673 000
Total Current Assets	13 338 000	12 578 000	14 943 000	11 739 000
Total Assets	16 164 000	15 918 000	19 718 000	16 412 000
Total Retained Equity	11 790 000	11 135 000	8 759 000	6 253 000
Total Equity	13 284 000	11 623 000	9 247 000	6 741 000
Total Long-Term Debt	0	65 000	8 319 000	9 407 000
Total Current Debt	2 879 000	4 230 000	2 152 000	263 000
Total Equity and Debt	16 164 000	15 918 000	19 718 000	16 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	908 000	20 341 000	12 228 000	2 464 000
Other Income	0	0	0	0
Revenue	908 000	20 341 000	12 228 000	2 464 000
Cost of Goods Sold	572 000	17 802 000	9 434 000	2 056 000
Salary Costs	0	0	1 000	661 000
Depreciation	13 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	705 000	18 013 000	9 932 000	2 928 000
Operating Profit	203 000	2 328 000	2 296 000	−465 000
Financial Income	507 000	576 000	454 000	441 000
Financial Costs	0	0	0	250 000
Financial Balance	507 000	576 000	454 000	191 000
Dividends	0	0	0	0
Net Income	655 000	2 376 000	2 505 000	−274 000

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	49 000	63 000	76 000	90 000
Total Tangible Assets	49 000	63 000	76 000	90 000
Total Fiancial Fixed Assets	2 776 000	3 277 000	4 698 000	4 583 000
Total Fixed Assets	2 826 000	3 340 000	4 774 000	4 673 000
Stock	7 541 000	4 814 000	12 908 000	11 206 000
Total Investments	0	0	0	0
Cash, Bank	2 514 000	5 132 000	1 985 000	222 000
Total Current Assets	13 338 000	12 578 000	14 943 000	11 739 000
Total Assets	16 164 000	15 918 000	19 718 000	16 412 000
Total Equity	13 284 000	11 623 000	9 247 000	6 741 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	65 000	8 319 000	9 407 000
Creditors	730 000	1 547 000	185 000	30 000
Unpaid Taxes	0	0	100 000	54 000
Dividends	0	0	0	0
Other Current Debt	2 095 000	2 156 000	1 622 000	179 000
Total Current Debt	2 879 000	4 230 000	2 152 000	263 000
Total Equity and Debt	16 164 000	15 918 000	19 718 000	16 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,93 %	20,44 %	27,09 %	−4,06 %
Debt-to-Equity Ratio	0	0,01	0,9	1,4
Operating Profit Margin	22,36 %	11,44 %	18,78 %	−18,87 %
Current Ratio	4,63	2,97	6,94	44,63
Quick Ratio	−2,86	−21,54	−1,39	−1,07
Equity Ratio	0,82	0,73	0,47	0,41
Gross Profit Margin	37 %	12,48 %	22,85 %	16,56 %