VITTINGFOSS VEL AS

3647 HVITTINGFOSS

Finances

Share Ownership

Return on Equity

−6,93 %

Current Ratio

336

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	98 000	321 000	286 000	283 000
Net Income	−50 000	217 000	214 000	211 000
Total Assets	724 000	959 000	822 000	648 000
Total Equity	721 000	772 000	555 000	341 000

Income (NOK)	2022	2021	2020	2019
Revenue	98 000	321 000	286 000	283 000
Expenditure	152 000	51 000	20 000	25 000
Operating Profit	−53 000	270 000	266 000	258 000
Financial Income	3 000	3 000	2 000	5 000
Financial Costs	0	2 000	0	0
Financial Balance	3 000	1 000	2 000	5 000
Earnings Before Tax	−50 000	271 000	268 000	263 000
Tax	0	54 000	53 000	52 000
Net Income	−50 000	217 000	214 000	211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	0	0	0
Total Current Assets	672 000	959 000	822 000	648 000
Total Assets	724 000	959 000	822 000	648 000
Total Retained Equity	620 000	671 000	454 000	240 000
Total Equity	721 000	772 000	555 000	341 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000	188 000	267 000	307 000
Total Equity and Debt	724 000	959 000	822 000	648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	98 000	321 000	286 000	283 000
Revenue	98 000	321 000	286 000	283 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	152 000	51 000	20 000	25 000
Operating Profit	−53 000	270 000	266 000	258 000
Financial Income	3 000	3 000	2 000	5 000
Financial Costs	0	2 000	0	0
Financial Balance	3 000	1 000	2 000	5 000
Dividends	0	0	0	0
Net Income	−50 000	217 000	214 000	211 000

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	51 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	51 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	638 000	959 000	822 000	463 000
Total Current Assets	672 000	959 000	822 000	648 000
Total Assets	724 000	959 000	822 000	648 000
Total Equity	721 000	772 000	555 000	341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	27 000	69 000	100 000
Dividends	0	0	0	0
Other Current Debt	2 000	107 000	145 000	155 000
Total Current Debt	2 000	188 000	267 000	307 000
Total Equity and Debt	724 000	959 000	822 000	648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,93 %	28,11 %	38,56 %	61,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−54,08 %	84,11 %	93,01 %	91,17 %
Current Ratio	336	5,1	3,08	2,11
Quick Ratio	336	5,1	3,08	2,11
Equity Ratio	1	0,81	0,68	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %