VBG AUTO AS

4846 ARENDAL

Finances

Share Ownership

Return on Equity

−31,69 %

Current Ratio

2,36

Debt-to-Equity Ratio

4,38

Key figures (NOK)	2022	2021	2020
Revenue	6 730 000	9 666 000	8 629 000
Net Income	−135 000	319 000	221 000
Total Assets	2 490 000	3 446 000	651 000
Total Equity	426 000	560 000	241 000

Income (NOK)	2022	2021	2020
Revenue	6 730 000	9 666 000	8 629 000
Expenditure	6 784 000	9 219 000	8 318 000
Operating Profit	−55 000	447 000	312 000
Financial Income	0	0	0
Financial Costs	117 000	38 000	31 000
Financial Balance	−117 000	−38 000	−31 000
Earnings Before Tax	−172 000	409 000	281 000
Tax	−38 000	90 000	60 000
Net Income	−135 000	319 000	221 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 019 000	2 110 000	0
Total Current Assets	471 000	1 336 000	651 000
Total Assets	2 490 000	3 446 000	651 000
Total Retained Equity	406 000	540 000	221 000
Total Equity	426 000	560 000	241 000
Total Long-Term Debt	1 865 000	2 686 000	0
Total Current Debt	200 000	199 000	409 000
Total Equity and Debt	2 490 000	3 446 000	651 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 649 000	9 310 000	8 613 000
Other Income	80 000	355 000	16 000
Revenue	6 730 000	9 666 000	8 629 000
Cost of Goods Sold	5 868 000	8 182 000	7 498 000
Salary Costs	592 000	659 000	534 000
Depreciation	68 000	11 000	0
Impairment	0	0	0
Expenditure	6 784 000	9 219 000	8 318 000
Operating Profit	−55 000	447 000	312 000
Financial Income	0	0	0
Financial Costs	117 000	38 000	31 000
Financial Balance	−117 000	−38 000	−31 000
Dividends	0	0	0
Net Income	−135 000	319 000	221 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	21 000	0	0
Real Eastate	1 763 000	1 827 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	13 000	32 000	0
Total Tangible Assets	1 776 000	1 859 000	0
Total Fiancial Fixed Assets	223 000	251 000	0
Total Fixed Assets	2 019 000	2 110 000	0
Stock	406 000	1 168 000	611 000
Total Investments	0	0	0
Cash, Bank	20 000	0	0
Total Current Assets	471 000	1 336 000	651 000
Total Assets	2 490 000	3 446 000	651 000
Total Equity	426 000	560 000	241 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 865 000	2 686 000	0
Creditors	6 000	46 000	10 000
Unpaid Taxes	11 000	9 000	7 000
Dividends	0	0	0
Other Current Debt	183 000	72 000	333 000
Total Current Debt	200 000	199 000	409 000
Total Equity and Debt	2 490 000	3 446 000	651 000

Financial indicators	2022	2021	2020
Return on Equity	−31,69 %	56,96 %	91,7 %
Debt-to-Equity Ratio	4,38	4,8	0
Operating Profit Margin	−0,82 %	4,62 %	3,62 %
Current Ratio	2,36	6,71	1,59
Quick Ratio	−2,29	−1,38	−3,22
Equity Ratio	0,17	0,16	0,37
Gross Profit Margin	12,81 %	15,35 %	13,11 %