VITALITY INNOVATION AS

3290 STAVERN

Finances

Share Ownership

Return on Equity

13,54 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 237 000	1 897 000	1 547 000	1 245 000
Net Income	70 000	188 000	179 000	−106 000
Total Assets	1 048 000	806 000	597 000	304 000
Total Equity	517 000	447 000	259 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 237 000	1 897 000	1 547 000	1 245 000
Expenditure	2 165 000	1 708 000	1 367 000	1 352 000
Operating Profit	71 000	188 000	179 000	−106 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	70 000	188 000	179 000	−106 000
Tax	0	0	0	0
Net Income	70 000	188 000	179 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	8 000	8 000	0
Total Current Assets	1 040 000	798 000	589 000	304 000
Total Assets	1 048 000	806 000	597 000	304 000
Total Retained Equity	−8 693 000	−8 763 000	−8 951 000	−9 130 000
Total Equity	517 000	447 000	259 000	80 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	531 000	358 000	337 000	224 000
Total Equity and Debt	1 048 000	806 000	597 000	304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 237 000	1 897 000	1 547 000	1 245 000
Other Income	0	0	0	0
Revenue	2 237 000	1 897 000	1 547 000	1 245 000
Cost of Goods Sold	990 000	621 000	436 000	379 000
Salary Costs	674 000	649 000	575 000	641 000
Depreciation	0	0	0	12 000
Impairment	0	0	0	0
Expenditure	2 165 000	1 708 000	1 367 000	1 352 000
Operating Profit	71 000	188 000	179 000	−106 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	70 000	188 000	179 000	−106 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	8 000	8 000	8 000	0
Total Fixed Assets	8 000	8 000	8 000	0
Stock	148 000	111 000	149 000	173 000
Total Investments	0	0	0	0
Cash, Bank	823 000	477 000	342 000	38 000
Total Current Assets	1 040 000	798 000	589 000	304 000
Total Assets	1 048 000	806 000	597 000	304 000
Total Equity	517 000	447 000	259 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	282 000	62 000	136 000	13 000
Unpaid Taxes	80 000	133 000	50 000	48 000
Dividends	0	0	0	0
Other Current Debt	169 000	163 000	151 000	163 000
Total Current Debt	531 000	358 000	337 000	224 000
Total Equity and Debt	1 048 000	806 000	597 000	304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,54 %	42,06 %	69,11 %	−132,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,17 %	9,91 %	11,57 %	−8,51 %
Current Ratio	1,96	2,23	1,75	1,36
Quick Ratio	2,72	3,23	3,13	5,96
Equity Ratio	0,49	0,55	0,43	0,26
Gross Profit Margin	55,74 %	67,26 %	71,82 %	69,56 %