VITO ELEKTRO SERVICE AS

0192 OSLO

Finances

Share Ownership

Return on Equity

185,44 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 533 000	16 910 000	16 716 000	15 992 000
Net Income	2 548 000	1 798 000	2 287 000	3 379 000
Total Assets	9 430 000	5 593 000	7 163 000	7 069 000
Total Equity	1 374 000	1 026 000	1 228 000	941 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 533 000	16 910 000	16 716 000	15 992 000
Expenditure	14 250 000	14 582 000	13 766 000	11 649 000
Operating Profit	3 284 000	2 328 000	2 949 000	4 342 000
Financial Income	23 000	5 000	25 000	25 000
Financial Costs	36 000	26 000	38 000	33 000
Financial Balance	−13 000	−21 000	−13 000	−8 000
Earnings Before Tax	3 270 000	2 307 000	2 937 000	4 334 000
Tax	722 000	509 000	650 000	955 000
Net Income	2 548 000	1 798 000	2 287 000	3 379 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	700 000	447 000	714 000	1 096 000
Total Current Assets	8 730 000	5 146 000	6 450 000	5 972 000
Total Assets	9 430 000	5 593 000	7 163 000	7 069 000
Total Retained Equity	1 274 000	926 000	1 128 000	841 000
Total Equity	1 374 000	1 026 000	1 228 000	941 000
Total Long-Term Debt	647 000	447 000	660 000	859 000
Total Current Debt	7 409 000	4 120 000	5 276 000	5 269 000
Total Equity and Debt	9 430 000	5 593 000	7 163 000	7 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 458 000	16 910 000	16 561 000	15 980 000
Other Income	75 000	0	155 000	12 000
Revenue	17 533 000	16 910 000	16 716 000	15 992 000
Cost of Goods Sold	6 785 000	6 875 000	5 902 000	5 502 000
Salary Costs	5 955 000	6 007 000	6 020 000	4 612 000
Depreciation	297 000	296 000	387 000	317 000
Impairment	0	0	0	0
Expenditure	14 250 000	14 582 000	13 766 000	11 649 000
Operating Profit	3 284 000	2 328 000	2 949 000	4 342 000
Financial Income	23 000	5 000	25 000	25 000
Financial Costs	36 000	26 000	38 000	33 000
Financial Balance	−13 000	−21 000	−13 000	−8 000
Dividends	2 200 000	1 500 000	2 000 000	2 000 000
Net Income	2 548 000	1 798 000	2 287 000	3 379 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	37 000	8 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	670 000	410 000	706 000	1 093 000
Total Tangible Assets	670 000	410 000	706 000	1 093 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	700 000	447 000	714 000	1 096 000
Stock	176 000	213 000	178 000	160 000
Total Investments	0	0	0	0
Cash, Bank	4 619 000	3 643 000	4 594 000	3 165 000
Total Current Assets	8 730 000	5 146 000	6 450 000	5 972 000
Total Assets	9 430 000	5 593 000	7 163 000	7 069 000
Total Equity	1 374 000	1 026 000	1 228 000	941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	647 000	447 000	660 000	859 000
Creditors	2 582 000	837 000	948 000	1 188 000
Unpaid Taxes	1 273 000	777 000	949 000	773 000
Dividends	2 200 000	1 500 000	2 000 000	2 000 000
Other Current Debt	639 000	468 000	724 000	371 000
Total Current Debt	7 409 000	4 120 000	5 276 000	5 269 000
Total Equity and Debt	9 430 000	5 593 000	7 163 000	7 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	185,44 %	175,24 %	186,24 %	359,09 %
Debt-to-Equity Ratio	0,47	0,44	0,54	0,91
Operating Profit Margin	18,73 %	13,77 %	17,64 %	27,15 %
Current Ratio	1,18	1,25	1,22	1,13
Quick Ratio	1,21	1,32	1,27	1,17
Equity Ratio	0,15	0,18	0,17	0,13
Gross Profit Margin	61,3 %	59,34 %	64,69 %	65,6 %