VBG GROUP SALES AS

Org. no. 918356894 · LILLESTRØM · Founded 1970 · 8 employees

Score · fiscal year 2025

44of 100

How to read this: the company is ahead of 37 % of medium-sized companies in the same sector in 2025. What does this mean?

Rank: 24,183 of 38,670 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 68 and solidity 25 out of 100 among medium-sized companies in the same sector in 2025. Methodology

Against the sector

VBG GROUP SALES AS is 5 points below the median for medium-sized companies in the same sector in 2025.

Median score 49 among 2,198 companies.

Against medium-sized companies in the same sector in 2025: operating margin 4.5% (median 3.2%) and equity ratio 19.4% (median 32.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue105 MNOK173 MNOK
Operating margin 4.5% 3.2% 64 %
Profit margin 5.0% 3.2% shown, not part of the index
Return on assets 18.3% 11.6% 71 %
Equity ratio 19.4% 32.6% 26 %
Debt-to-equity 4.16 2.03 25 %
Current ratio 1.15 1.38 30 %
Revenue growth 2.6% 6.8% 34 %
Revenue per employee13.10 MNOK6.45 MNOK

The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 44, VBG GROUP SALES AS does better than 37% of medium-sized companies in the same sector (2,203 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VBG GROUP SALES AS
  • Median: medium-sized companies in the same sector
Summary analysis

VBG GROUP SALES AS has a score of 44 for 2025, rank 24,183 of 38,670 in the sector.

Strongest: Profitability: percentile 68 against peers, operating margin 4.5% against a median of 3.2%.

Weakest: Solidity: percentile 25 against peers, equity ratio 19.4% against a median of 32.6%. Liquidity: percentile 30 against peers, current ratio 1.15 against a median of 1.38.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

VBG GROUP SALES AS had an operating margin of 4.5% and an equity ratio of 19.4% in 2025, and ranks 24,183 of 38,670 in Handel.

No large changes in the key figures from 2024 to 2025.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 6 MNOK and 47 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.2 MNOK 10.0 42 MNOK
EV/EBIT Operating profit: 4.7 MNOK
minus net debt −9.9 MNOK
8.0 47 MNOK
P/B Equity: 5.6 MNOK 1.0 6 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.1% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

No anomalies found in the figures.

Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability68 weight 30%
Solidity25 weight 25%
Liquidity30 weight 15%
Growth34 weight 15%
Consistency51 weight 15%

Durability: 51 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is VBG GROUP SALES AS?

The operating margin was 4.5% in 2025, against a median of 3.2% among medium-sized companies in the same sector. Return on assets was 18.3%.

How solid is VBG GROUP SALES AS?

The equity ratio was 19.4% in 2025 (median 32.6%). Debt-to-equity was 4.16 (median 2.03).

What is the liquidity of VBG GROUP SALES AS like?

The current ratio was 1.15 in 2025 (median 1.38).

How does VBG GROUP SALES AS compare in Handel?

VBG GROUP SALES AS ranks 24,183 of 38,670 in Handel for 2025. Among companies of the same size (medium-sized companies) it ranks 1,399 of 2,203. Revenue changed by 2.6% from the year before.

From the Central Coordinating Register

Org. no.
918356894
Legal form
AS
Sector
Handel (46.720)
Size tier
medium
Employees
8 registered 10 January 2026
Founded
19 February 1970 56 years in operation
Share capital
1.00 MNOK
Business address
Lahaugmoveien 54, 2013 SKJETTEN (LILLESTRØM)
Municipality
Lillestrøm rank 7 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
vbggroupsales.no

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Per Mikkelsen
Chair of the board
Johan Niklas Gråsjö
Board member
Hans Ola Hermansson
Auditor
LANGSETH REVISJON AS
Accountant
AZETS INSIGHT AS

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index674244
Rank7,47524,34524,183
Operating margin4.1%4.1%4.5%
Return on assets21.3%14.2%18.3%
Equity ratio42.0%22.8%19.4%
Current ratio1.721.191.15
Revenue growth–1.1%2.6%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue101.0 MNOK102.1 MNOK104.8 MNOK
Operating profit4.2 MNOK4.2 MNOK4.7 MNOK
Profit before tax4.4 MNOK4.3 MNOK5.3 MNOK
Net profit3.5 MNOK3.2 MNOK4.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets20.7 MNOK30.5 MNOK28.9 MNOK
Current assets20.7 MNOK28.1 MNOK26.8 MNOK
Equity8.7 MNOK6.9 MNOK5.6 MNOK
Retained earnings7.7 MNOK5.9 MNOK4.6 MNOK
Total liabilities12.0 MNOK23.5 MNOK23.3 MNOK
Current liabilities12.0 MNOK23.5 MNOK23.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6647068.

Similar companies