VITEK MILJØ AS

5239 RÅDAL

Finances

Share Ownership

Return on Equity

56,8 %

Current Ratio

1,94

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 225 000	89 280 000	61 517 000	43 337 000
Net Income	13 199 000	2 749 000	3 664 000	1 309 000
Total Assets	67 850 000	64 618 000	36 740 000	29 524 000
Total Equity	23 239 000	11 124 000	4 107 000	9 720 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 225 000	89 280 000	61 517 000	43 337 000
Expenditure	89 086 000	84 916 000	56 820 000	41 966 000
Operating Profit	16 139 000	4 364 000	4 697 000	1 371 000
Financial Income	442 000	115 000	232 000	556 000
Financial Costs	1 752 000	955 000	228 000	239 000
Financial Balance	−1 310 000	−840 000	4 000	317 000
Earnings Before Tax	14 829 000	3 524 000	4 701 000	1 689 000
Tax	1 630 000	775 000	1 037 000	379 000
Net Income	13 199 000	2 749 000	3 664 000	1 309 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 163 000	42 390 000	20 527 000	16 287 000
Total Current Assets	26 687 000	22 228 000	16 213 000	13 237 000
Total Assets	67 850 000	64 618 000	36 740 000	29 524 000
Total Retained Equity	13 301 000	1 185 000	0	4 077 000
Total Equity	23 239 000	11 124 000	4 107 000	9 720 000
Total Long-Term Debt	30 837 000	29 992 000	16 615 000	10 684 000
Total Current Debt	13 773 000	23 502 000	16 017 000	9 120 000
Total Equity and Debt	67 850 000	64 618 000	36 740 000	29 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 375 000	84 164 000	61 517 000	43 337 000
Other Income	1 850 000	5 116 000	0	0
Revenue	105 225 000	89 280 000	61 517 000	43 337 000
Cost of Goods Sold	22 827 000	18 101 000	9 553 000	13 077 000
Salary Costs	33 472 000	34 545 000	26 470 000	14 775 000
Depreciation	11 491 000	10 122 000	6 570 000	3 555 000
Impairment	0	0	0	0
Expenditure	89 086 000	84 916 000	56 820 000	41 966 000
Operating Profit	16 139 000	4 364 000	4 697 000	1 371 000
Financial Income	442 000	115 000	232 000	556 000
Financial Costs	1 752 000	955 000	228 000	239 000
Financial Balance	−1 310 000	−840 000	4 000	317 000
Dividends	0	0	4 000 000	0
Net Income	13 199 000	2 749 000	3 664 000	1 309 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	286 000	1 429 000	2 572 000	3 715 000
Total Intangible Assets	7 718 000	10 491 000	2 816 000	3 715 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 445 000	31 900 000	17 711 000	12 541 000
Total Tangible Assets	33 445 000	31 900 000	17 711 000	12 541 000
Total Fiancial Fixed Assets	0	0	0	30 000
Total Fixed Assets	41 163 000	42 390 000	20 527 000	16 287 000
Stock	519 000	329 000	0	0
Total Investments	0	0	0	0
Cash, Bank	13 346 000	3 656 000	1 046 000	2 753 000
Total Current Assets	26 687 000	22 228 000	16 213 000	13 237 000
Total Assets	67 850 000	64 618 000	36 740 000	29 524 000
Total Equity	23 239 000	11 124 000	4 107 000	9 720 000
Short-Term Group Debt	0	9 426 000	6 765 000	1 890 000
Total Long-Term Debt	30 837 000	29 992 000	16 615 000	10 684 000
Creditors	4 600 000	4 299 000	3 525 000	4 750 000
Unpaid Taxes	5 251 000	4 704 000	3 235 000	1 087 000
Dividends	0	0	4 000 000	0
Other Current Debt	3 922 000	5 073 000	2 492 000	1 394 000
Total Current Debt	13 773 000	23 502 000	16 017 000	9 120 000
Total Equity and Debt	67 850 000	64 618 000	36 740 000	29 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,8 %	24,71 %	89,21 %	13,47 %
Debt-to-Equity Ratio	1,33	2,7	4,05	1,1
Operating Profit Margin	15,34 %	4,89 %	7,64 %	3,16 %
Current Ratio	1,94	0,95	1,01	1,45
Quick Ratio	2,01	0,96	1,01	1,45
Equity Ratio	0,34	0,17	0,11	0,33
Gross Profit Margin	78,31 %	79,73 %	84,47 %	69,82 %