VB MANAGEMENT AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

172,71 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 900 000	14 522 000	11 488 000	6 083 000
Net Income	1 057 000	1 030 000	774 000	478 000
Total Assets	17 098 000	12 080 000	7 387 000	8 221 000
Total Equity	612 000	606 000	576 000	502 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 900 000	14 522 000	11 488 000	6 083 000
Expenditure	13 546 000	13 201 000	10 494 000	5 473 000
Operating Profit	1 355 000	1 320 000	993 000	611 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	1 355 000	1 320 000	993 000	611 000
Tax	298 000	290 000	219 000	133 000
Net Income	1 057 000	1 030 000	774 000	478 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	17 098 000	12 080 000	7 387 000	8 221 000
Total Assets	17 098 000	12 080 000	7 387 000	8 221 000
Total Retained Equity	582 000	576 000	546 000	472 000
Total Equity	612 000	606 000	576 000	502 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 485 000	11 474 000	6 811 000	7 719 000
Total Equity and Debt	17 098 000	12 080 000	7 387 000	8 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 900 000	14 522 000	11 488 000	6 083 000
Other Income	0	0	0	0
Revenue	14 900 000	14 522 000	11 488 000	6 083 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 109 000	12 476 000	10 448 000	5 445 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 546 000	13 201 000	10 494 000	5 473 000
Operating Profit	1 355 000	1 320 000	993 000	611 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	1 050 000	1 000 000	700 000	0
Net Income	1 057 000	1 030 000	774 000	478 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	924 000	673 000	754 000	630 000
Total Current Assets	17 098 000	12 080 000	7 387 000	8 221 000
Total Assets	17 098 000	12 080 000	7 387 000	8 221 000
Total Equity	612 000	606 000	576 000	502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	65 000	0	0	0
Unpaid Taxes	1 547 000	1 491 000	1 208 000	2 378 000
Dividends	1 050 000	1 000 000	700 000	0
Other Current Debt	13 525 000	8 692 000	4 684 000	5 208 000
Total Current Debt	16 485 000	11 474 000	6 811 000	7 719 000
Total Equity and Debt	17 098 000	12 080 000	7 387 000	8 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	172,71 %	169,97 %	134,38 %	95,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,09 %	9,09 %	8,64 %	10,04 %
Current Ratio	1,04	1,05	1,08	1,07
Quick Ratio	1,04	1,05	1,08	1,07
Equity Ratio	0,04	0,05	0,08	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %