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VARD GROUP AS

980100820AksjeselskapMVA
Municipality
ÅLESUND
Employees
845
Founded
07.09.1998
Roles
19
www.vard.com
Company details
Business address
Skansekaia 2, 6002 ÅLESUND
Municipality
Ålesund
Phone
70 21 06 00
Sector
Private aksjeselskaper mv.
Share capital
26 795 600 kr(267 956 shares)
Registered
08.09.1998
Purpose
Industri, handel, service, konsulentvirksomhet, annen tjenesteytende virksomhet, forvaltning av driftstilknyttet fast eiendom samt virksomhet i forbindelse med dette, herunder deltagelse i andre selskaper som aksjonær eller på annen måte.
Board and management

Revisor

DELOITTE AS

Is revisor for 5 152 companies

Revisor

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Financials2024
Revenue
10.2 mrd
Operating result
-358.3 mill
Net result
364.8 mill
Assets
16.8 mrd
Equity
387.6 mill
Debt
16.4 mrd
Financial health check
Equity ratio
Weak
Current ratio
Weak
Profitability
Weak
Income statement and balance sheet
2024
Income statement
Revenue10.2 mrd
Operating costs10.6 mrd
= Operating result-358.3 mill
Net finance565.5 mill
= Net result364.8 mill
Balance sheet
Fixed assets3.3 mrd
Current assets13.5 mrd
= Total assets16.8 mrd
Equity387.6 mill
Long-term debt50.0 mill
Short-term debt16.4 mrd
= Total debt16.4 mrd

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
-3.5%4.1%
Net margin
3.6%—
Return on assets
1.2%6.3%
Return on equity
94.1%—
Equity ratio
2.3%31.9%
Current ratio
0.821.31
Debt-to-equity
42.391.95

Based on 153 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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