VB STÅLE BERGE VVS AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

28,36 %

Current Ratio

3,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 919 000	18 490 000	18 355 000	15 411 000
Net Income	2 838 000	1 091 000	1 315 000	160 000
Total Assets	14 100 000	11 150 000	11 060 000	9 522 000
Total Equity	10 006 000	7 169 000	6 655 000	6 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 919 000	18 490 000	18 355 000	15 411 000
Expenditure	18 744 000	17 108 000	16 694 000	15 229 000
Operating Profit	3 175 000	1 382 000	1 661 000	180 000
Financial Income	376 000	24 000	26 000	26 000
Financial Costs	3 000	6 000	1 000	1 000
Financial Balance	373 000	18 000	25 000	25 000
Earnings Before Tax	3 548 000	1 400 000	1 686 000	205 000
Tax	711 000	309 000	370 000	45 000
Net Income	2 838 000	1 091 000	1 315 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	466 000	680 000	939 000	808 000
Total Current Assets	13 634 000	10 469 000	10 121 000	8 714 000
Total Assets	14 100 000	11 150 000	11 060 000	9 522 000
Total Retained Equity	9 906 000	7 069 000	6 555 000	6 285 000
Total Equity	10 006 000	7 169 000	6 655 000	6 385 000
Total Long-Term Debt	20 000	33 000	0	0
Total Current Debt	4 074 000	3 948 000	4 406 000	3 137 000
Total Equity and Debt	14 100 000	11 150 000	11 060 000	9 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 919 000	18 490 000	18 355 000	15 361 000
Other Income	0	0	0	50 000
Revenue	21 919 000	18 490 000	18 355 000	15 411 000
Cost of Goods Sold	10 178 000	9 581 000	9 025 000	8 099 000
Salary Costs	6 022 000	4 953 000	5 316 000	4 715 000
Depreciation	211 000	212 000	225 000	149 000
Impairment	0	0	0	0
Expenditure	18 744 000	17 108 000	16 694 000	15 229 000
Operating Profit	3 175 000	1 382 000	1 661 000	180 000
Financial Income	376 000	24 000	26 000	26 000
Financial Costs	3 000	6 000	1 000	1 000
Financial Balance	373 000	18 000	25 000	25 000
Dividends	0	0	0	0
Net Income	2 838 000	1 091 000	1 315 000	160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	42 000	117 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	466 000	677 000	888 000	685 000
Total Tangible Assets	466 000	677 000	888 000	685 000
Total Fiancial Fixed Assets	0	4 000	9 000	6 000
Total Fixed Assets	466 000	680 000	939 000	808 000
Stock	3 179 000	2 407 000	2 042 000	1 990 000
Total Investments	0	0	0	0
Cash, Bank	3 571 000	2 635 000	2 651 000	1 504 000
Total Current Assets	13 634 000	10 469 000	10 121 000	8 714 000
Total Assets	14 100 000	11 150 000	11 060 000	9 522 000
Total Equity	10 006 000	7 169 000	6 655 000	6 385 000
Short-Term Group Debt	0	1 182 000	1 783 000	89 000
Total Long-Term Debt	20 000	33 000	0	0
Creditors	1 334 000	1 228 000	829 000	1 686 000
Unpaid Taxes	1 466 000	1 038 000	1 305 000	934 000
Dividends	0	0	0	0
Other Current Debt	550 000	428 000	489 000	429 000
Total Current Debt	4 074 000	3 948 000	4 406 000	3 137 000
Total Equity and Debt	14 100 000	11 150 000	11 060 000	9 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,36 %	15,22 %	19,76 %	2,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,49 %	7,47 %	9,05 %	1,17 %
Current Ratio	3,35	2,65	2,3	2,78
Quick Ratio	15,23	6,79	4,28	7,6
Equity Ratio	0,71	0,64	0,6	0,67
Gross Profit Margin	53,57 %	48,18 %	50,83 %	47,45 %