VITBANK BILLAKKERING AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

34,24 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	225 000	0	34 000	8 936 000
Net Income	226 000	12 000	2 000	355 000
Total Assets	961 000	967 000	1 022 000	2 177 000
Total Equity	660 000	435 000	423 000	420 000

Income (NOK)	2022	2021	2020	2019
Revenue	225 000	0	34 000	8 936 000
Expenditure	23 000	34 000	17 000	8 550 000
Operating Profit	202 000	−34 000	16 000	386 000
Financial Income	26 000	51 000	0	−1 000
Financial Costs	2 000	5 000	14 000	30 000
Financial Balance	24 000	46 000	−14 000	−31 000
Earnings Before Tax	226 000	12 000	2 000	355 000
Tax	0	0	0	0
Net Income	226 000	12 000	2 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	960 000	957 000	1 016 000	0
Total Current Assets	0	10 000	6 000	2 177 000
Total Assets	961 000	967 000	1 022 000	2 177 000
Total Retained Equity	560 000	335 000	323 000	320 000
Total Equity	660 000	435 000	423 000	420 000
Total Long-Term Debt	0	0	76 000	170 000
Total Current Debt	300 000	532 000	523 000	1 587 000
Total Equity and Debt	961 000	967 000	1 022 000	2 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	34 000	7 195 000
Other Income	225 000	0	0	1 741 000
Revenue	225 000	0	34 000	8 936 000
Cost of Goods Sold	0	−5 000	1 000	2 264 000
Salary Costs	0	0	0	4 554 000
Depreciation	0	0	0	13 000
Impairment	0	0	0	0
Expenditure	23 000	34 000	17 000	8 550 000
Operating Profit	202 000	−34 000	16 000	386 000
Financial Income	26 000	51 000	0	−1 000
Financial Costs	2 000	5 000	14 000	30 000
Financial Balance	24 000	46 000	−14 000	−31 000
Dividends	0	0	0	0
Net Income	226 000	12 000	2 000	355 000

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	960 000	957 000	1 016 000	0
Total Fixed Assets	960 000	957 000	1 016 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	10 000	6 000	96 000
Total Current Assets	0	10 000	6 000	2 177 000
Total Assets	961 000	967 000	1 022 000	2 177 000
Total Equity	660 000	435 000	423 000	420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	76 000	170 000
Creditors	0	233 000	225 000	834 000
Unpaid Taxes	0	0	0	457 000
Dividends	0	0	0	0
Other Current Debt	300 000	299 000	298 000	296 000
Total Current Debt	300 000	532 000	523 000	1 587 000
Total Equity and Debt	961 000	967 000	1 022 000	2 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,24 %	2,76 %	0,47 %	84,52 %
Debt-to-Equity Ratio	0	0	0,18	0,4
Operating Profit Margin	89,78 %	-	47,06 %	4,32 %
Current Ratio	0	0,02	0,01	1,37
Quick Ratio	0	0,02	0,01	1,37
Equity Ratio	0,69	0,45	0,41	0,19
Gross Profit Margin	100 %	-	97,06 %	74,66 %