VBG GROUP SALES AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

36,07 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 009 000	75 509 000	65 422 000	72 839 000
Net Income	3 148 000	3 037 000	3 916 000	3 082 000
Total Assets	20 414 000	17 001 000	14 629 000	13 886 000
Total Equity	8 727 000	9 079 000	6 042 000	4 125 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 009 000	75 509 000	65 422 000	72 839 000
Expenditure	84 022 000	71 601 000	60 216 000	68 875 000
Operating Profit	3 986 000	3 909 000	5 206 000	3 964 000
Financial Income	86 000	1 000	13 000	41 000
Financial Costs	26 000	25 000	25 000	28 000
Financial Balance	60 000	−24 000	−12 000	13 000
Earnings Before Tax	4 047 000	3 885 000	5 195 000	3 977 000
Tax	898 000	848 000	1 278 000	895 000
Net Income	3 148 000	3 037 000	3 916 000	3 082 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	244 000	255 000	494 000	769 000
Total Current Assets	20 169 000	16 747 000	14 136 000	13 117 000
Total Assets	20 414 000	17 001 000	14 629 000	13 886 000
Total Retained Equity	7 727 000	8 079 000	5 042 000	3 125 000
Total Equity	8 727 000	9 079 000	6 042 000	4 125 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 686 000	7 922 000	8 588 000	9 760 000
Total Equity and Debt	20 414 000	17 001 000	14 629 000	13 886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 009 000	75 280 000	65 331 000	72 839 000
Other Income	0	230 000	91 000	0
Revenue	88 009 000	75 509 000	65 422 000	72 839 000
Cost of Goods Sold	68 231 000	56 303 000	48 163 000	53 710 000
Salary Costs	9 698 000	9 262 000	6 640 000	8 519 000
Depreciation	10 000	119 000	194 000	199 000
Impairment	0	0	0	0
Expenditure	84 022 000	71 601 000	60 216 000	68 875 000
Operating Profit	3 986 000	3 909 000	5 206 000	3 964 000
Financial Income	86 000	1 000	13 000	41 000
Financial Costs	26 000	25 000	25 000	28 000
Financial Balance	60 000	−24 000	−12 000	13 000
Dividends	3 500 000	0	2 000 000	3 000 000
Net Income	3 148 000	3 037 000	3 916 000	3 082 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	98 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	229 000	407 000
Fixtures	19 000	30 000	40 000	39 000
Total Tangible Assets	19 000	30 000	269 000	446 000
Total Fiancial Fixed Assets	225 000	225 000	225 000	224 000
Total Fixed Assets	244 000	255 000	494 000	769 000
Stock	3 826 000	3 583 000	2 642 000	2 847 000
Total Investments	0	0	0	0
Cash, Bank	4 057 000	3 394 000	1 575 000	2 471 000
Total Current Assets	20 169 000	16 747 000	14 136 000	13 117 000
Total Assets	20 414 000	17 001 000	14 629 000	13 886 000
Total Equity	8 727 000	9 079 000	6 042 000	4 125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 860 000	2 412 000	1 160 000	1 971 000
Unpaid Taxes	4 278 000	3 832 000	3 320 000	2 915 000
Dividends	3 500 000	0	2 000 000	3 000 000
Other Current Debt	1 149 000	830 000	927 000	997 000
Total Current Debt	11 686 000	7 922 000	8 588 000	9 760 000
Total Equity and Debt	20 414 000	17 001 000	14 629 000	13 886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,07 %	33,45 %	64,81 %	74,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,53 %	5,18 %	7,96 %	5,44 %
Current Ratio	1,73	2,11	1,65	1,34
Quick Ratio	2,57	3,86	2,38	1,9
Equity Ratio	0,43	0,53	0,41	0,3
Gross Profit Margin	22,47 %	25,44 %	26,38 %	26,26 %