VB RØRLEGGEREN AS

3740 SKIEN

Finances

Return on Equity

60,48 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 200 000	61 710 000	62 047 000	66 260 000
Net Income	4 590 000	3 776 000	4 285 000	3 922 000
Total Assets	23 257 000	20 198 000	19 044 000	17 535 000
Total Equity	7 589 000	9 899 000	8 523 000	7 238 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 200 000	61 710 000	62 047 000	66 260 000
Expenditure	53 119 000	56 842 000	56 559 000	61 237 000
Operating Profit	5 080 000	4 868 000	5 488 000	5 022 000
Financial Income	689 000	11 000	44 000	60 000
Financial Costs	3 000	1 000	1 000	2 000
Financial Balance	686 000	10 000	43 000	58 000
Earnings Before Tax	5 766 000	4 878 000	5 532 000	5 081 000
Tax	1 176 000	1 102 000	1 247 000	1 158 000
Net Income	4 590 000	3 776 000	4 285 000	3 922 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 253 000	957 000	217 000	216 000
Total Current Assets	22 004 000	19 241 000	18 827 000	17 319 000
Total Assets	23 257 000	20 198 000	19 044 000	17 535 000
Total Retained Equity	6 389 000	8 699 000	7 323 000	6 038 000
Total Equity	7 589 000	9 899 000	8 523 000	7 238 000
Total Long-Term Debt	37 000	0	0	0
Total Current Debt	15 632 000	10 299 000	10 521 000	10 297 000
Total Equity and Debt	23 257 000	20 198 000	19 044 000	17 535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 200 000	61 710 000	62 047 000	66 260 000
Other Income	0	0	0	0
Revenue	58 200 000	61 710 000	62 047 000	66 260 000
Cost of Goods Sold	27 108 000	29 260 000	30 018 000	33 267 000
Salary Costs	21 045 000	22 728 000	21 576 000	22 519 000
Depreciation	137 000	63 000	103 000	148 000
Impairment	0	0	0	0
Expenditure	53 119 000	56 842 000	56 559 000	61 237 000
Operating Profit	5 080 000	4 868 000	5 488 000	5 022 000
Financial Income	689 000	11 000	44 000	60 000
Financial Costs	3 000	1 000	1 000	2 000
Financial Balance	686 000	10 000	43 000	58 000
Dividends	6 900 000	2 400 000	0	0
Net Income	4 590 000	3 776 000	4 285 000	3 922 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	127 000	163 000	79 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	693 000	150 000	54 000	136 000
Total Tangible Assets	693 000	150 000	54 000	136 000
Total Fiancial Fixed Assets	560 000	680 000	0	0
Total Fixed Assets	1 253 000	957 000	217 000	216 000
Stock	1 698 000	1 538 000	1 619 000	1 685 000
Total Investments	0	0	0	0
Cash, Bank	7 199 000	7 688 000	5 994 000	7 157 000
Total Current Assets	22 004 000	19 241 000	18 827 000	17 319 000
Total Assets	23 257 000	20 198 000	19 044 000	17 535 000
Total Equity	7 589 000	9 899 000	8 523 000	7 238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 000	0	0	0
Creditors	2 994 000	2 668 000	2 726 000	2 352 000
Unpaid Taxes	3 635 000	3 139 000	3 264 000	3 176 000
Dividends	6 900 000	2 400 000	0	0
Other Current Debt	7 990 000	3 427 000	3 201 000	3 397 000
Total Current Debt	15 632 000	10 299 000	10 521 000	10 297 000
Total Equity and Debt	23 257 000	20 198 000	19 044 000	17 535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,48 %	38,15 %	50,28 %	54,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,73 %	7,89 %	8,84 %	7,58 %
Current Ratio	1,41	1,87	1,79	1,68
Quick Ratio	1,58	2,2	2,11	2,01
Equity Ratio	0,33	0,49	0,45	0,41
Gross Profit Margin	53,42 %	52,58 %	51,62 %	49,79 %