VB VESTFOLD RØRLEGGERFORRETNING AS

3241 SANDEFJORD

Finances

Return on Equity

21,37 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 197 000	9 532 000	7 248 000	6 273 000
Net Income	406 000	325 000	310 000	785 000
Total Assets	4 894 000	3 628 000	3 324 000	2 660 000
Total Equity	1 900 000	1 495 000	1 492 000	1 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 197 000	9 532 000	7 248 000	6 273 000
Expenditure	9 668 000	9 115 000	6 853 000	5 266 000
Operating Profit	529 000	417 000	395 000	1 007 000
Financial Income	3 000	0	5 000	2 000
Financial Costs	13 000	1 000	1 000	2 000
Financial Balance	−10 000	−1 000	4 000	0
Earnings Before Tax	520 000	416 000	398 000	1 007 000
Tax	114 000	92 000	88 000	222 000
Net Income	406 000	325 000	310 000	785 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	615 000	298 000	207 000	55 000
Total Current Assets	4 280 000	3 330 000	3 117 000	2 605 000
Total Assets	4 894 000	3 628 000	3 324 000	2 660 000
Total Retained Equity	1 600 000	1 195 000	1 192 000	882 000
Total Equity	1 900 000	1 495 000	1 492 000	1 182 000
Total Long-Term Debt	508 000	107 000	6 000	18 000
Total Current Debt	2 486 000	2 026 000	1 826 000	1 461 000
Total Equity and Debt	4 894 000	3 628 000	3 324 000	2 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 197 000	9 532 000	7 248 000	6 149 000
Other Income	0	0	0	124 000
Revenue	10 197 000	9 532 000	7 248 000	6 273 000
Cost of Goods Sold	3 626 000	4 455 000	2 846 000	2 045 000
Salary Costs	4 271 000	3 373 000	2 811 000	2 354 000
Depreciation	126 000	44 000	38 000	0
Impairment	0	0	0	0
Expenditure	9 668 000	9 115 000	6 853 000	5 266 000
Operating Profit	529 000	417 000	395 000	1 007 000
Financial Income	3 000	0	5 000	2 000
Financial Costs	13 000	1 000	1 000	2 000
Financial Balance	−10 000	−1 000	4 000	0
Dividends	0	0	0	0
Net Income	406 000	325 000	310 000	785 000

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	560 000	243 000	152 000	0
Total Tangible Assets	560 000	243 000	152 000	0
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	615 000	298 000	207 000	55 000
Stock	308 000	241 000	169 000	82 000
Total Investments	0	0	0	0
Cash, Bank	648 000	394 000	218 000	211 000
Total Current Assets	4 280 000	3 330 000	3 117 000	2 605 000
Total Assets	4 894 000	3 628 000	3 324 000	2 660 000
Total Equity	1 900 000	1 495 000	1 492 000	1 182 000
Short-Term Group Debt	768 000	768 000	355 000	355 000
Total Long-Term Debt	508 000	107 000	6 000	18 000
Creditors	546 000	493 000	741 000	323 000
Unpaid Taxes	634 000	421 000	344 000	357 000
Dividends	0	0	0	0
Other Current Debt	428 000	344 000	286 000	222 000
Total Current Debt	2 486 000	2 026 000	1 826 000	1 461 000
Total Equity and Debt	4 894 000	3 628 000	3 324 000	2 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,37 %	21,74 %	20,78 %	66,41 %
Debt-to-Equity Ratio	0,27	0,07	0	0,02
Operating Profit Margin	5,19 %	4,37 %	5,45 %	16,05 %
Current Ratio	1,72	1,64	1,71	1,78
Quick Ratio	1,97	1,87	1,88	1,89
Equity Ratio	0,39	0,41	0,45	0,44
Gross Profit Margin	64,44 %	53,26 %	60,73 %	67,4 %