VB HANDEL AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

37,7 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 007 776 000	924 222 000	831 617 000	772 254 000
Net Income	8 424 000	5 706 000	2 896 000	3 076 000
Total Assets	231 498 000	185 556 000	148 420 000	147 757 000
Total Equity	22 342 000	26 586 000	14 051 000	11 636 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 007 776 000	924 222 000	831 617 000	772 254 000
Expenditure	996 937 000	916 359 000	827 390 000	768 089 000
Operating Profit	10 839 000	7 863 000	4 228 000	4 165 000
Financial Income	573 000	1 000	71 000	461 000
Financial Costs	612 000	548 000	587 000	681 000
Financial Balance	−39 000	−547 000	−516 000	−220 000
Earnings Before Tax	10 800 000	7 316 000	3 712 000	3 944 000
Tax	2 376 000	1 609 000	817 000	868 000
Net Income	8 424 000	5 706 000	2 896 000	3 076 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	606 000	117 000	1 378 000	2 150 000
Total Current Assets	230 892 000	185 439 000	147 042 000	145 606 000
Total Assets	231 498 000	185 556 000	148 420 000	147 757 000
Total Retained Equity	319 000	4 563 000	2 415 000	0
Total Equity	22 342 000	26 586 000	14 051 000	11 636 000
Total Long-Term Debt	6 478 000	6 564 000	6 400 000	6 400 000
Total Current Debt	202 677 000	152 405 000	127 969 000	129 721 000
Total Equity and Debt	231 498 000	185 556 000	148 420 000	147 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 007 776 000	924 222 000	831 617 000	772 254 000
Other Income	0	0	0	0
Revenue	1 007 776 000	924 222 000	831 617 000	772 254 000
Cost of Goods Sold	989 367 000	908 532 000	816 322 000	758 021 000
Salary Costs	0	0	0	51 000
Depreciation	73 000	820 000	904 000	885 000
Impairment	0	0	0	0
Expenditure	996 937 000	916 359 000	827 390 000	768 089 000
Operating Profit	10 839 000	7 863 000	4 228 000	4 165 000
Financial Income	573 000	1 000	71 000	461 000
Financial Costs	612 000	548 000	587 000	681 000
Financial Balance	−39 000	−547 000	−516 000	−220 000
Dividends	3 937 000	0	0	0
Net Income	8 424 000	5 706 000	2 896 000	3 076 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	606 000	117 000	1 378 000	2 127 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	23 000
Total Tangible Assets	0	0	0	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	606 000	117 000	1 378 000	2 150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 280 000	51 039 000	39 884 000	21 833 000
Total Current Assets	230 892 000	185 439 000	147 042 000	145 606 000
Total Assets	231 498 000	185 556 000	148 420 000	147 757 000
Total Equity	22 342 000	26 586 000	14 051 000	11 636 000
Short-Term Group Debt	11 385 000	10 687 000	5 933 000	13 074 000
Total Long-Term Debt	6 478 000	6 564 000	6 400 000	6 400 000
Creditors	186 674 000	141 536 000	121 005 000	116 014 000
Unpaid Taxes	681 000	182 000	0	189 000
Dividends	3 937 000	0	0	0
Other Current Debt	0	0	292 000	443 000
Total Current Debt	202 677 000	152 405 000	127 969 000	129 721 000
Total Equity and Debt	231 498 000	185 556 000	148 420 000	147 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,7 %	21,46 %	20,61 %	26,44 %
Debt-to-Equity Ratio	0,29	0,25	0,46	0,55
Operating Profit Margin	1,08 %	0,85 %	0,51 %	0,54 %
Current Ratio	1,14	1,22	1,15	1,12
Quick Ratio	1,14	1,22	1,15	1,12
Equity Ratio	0,1	0,14	0,09	0,08
Gross Profit Margin	1,83 %	1,7 %	1,84 %	1,84 %