VEFI AS

Org. no. 848690112 · Drammen · Founded 1988 · 6 employees

Score · fiscal year 2023

65of 100

How to read this: the company is ahead of 72 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?

Rank in the Morning class Medium: 913 of 3,284 · What are Morning company classes?
Place in the whole sector: 5,861 of 21,201 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 82 and solidity 41 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology

Against the sector

VEFI AS is 15 points above the median for companies in the Morning class Medium in the same sector in 2023.

Median score 50 among 3,284 companies.

Against companies in the Morning class Medium in the same sector in 2023: operating margin 5.9% (median 2.9%) and equity ratio 24.8% (median 29.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue69 MNOK91 MNOK
Operating margin 5.9% 2.9% 74 %
Profit margin 6.0% 2.7% shown, not part of the index
Return on assets 31.1% 11.6% 91 %
Equity ratio 24.8% 29.5% 42 %
Debt-to-equity 3.03 2.32 41 %
Current ratio 2.89 1.39 90 %
Revenue growth – 5.2% not compared
Revenue per employee11.47 MNOK4.75 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 65, VEFI AS does better than 72% of companies in the Morning class Medium in the same sector (3,284 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VEFI AS
  • Median: companies in the Morning class Medium in the same sector
Analysis · 2023

What the numbers say

VEFI AS had an operating margin of 5.9% and an equity ratio of 24.8% in 2023, and ranks 5,861 of 21,201 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 7 MNOK and 32 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 3.2 MNOK 10.0 32 MNOK
EV/EBIT Operating profit: 4.1 MNOK
minus net debt 12.9 MNOK
8.0 20 MNOK
P/B Equity: 6.7 MNOK 1.0 7 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 · 2023

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 21.1% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability82 weight 30%
Solidity41 weight 25%
Liquidity90 weight 15%
Growth– no data, left out
Consistency43 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is VEFI AS?

The operating margin was 5.9% in 2023, against a median of 2.9% among companies in the Morning class Medium in the same sector. Return on assets was 31.1%.

How solid is VEFI AS?

The equity ratio was 24.8% in 2023 (median 29.5%). Debt-to-equity was 3.03 (median 2.32).

What is the liquidity of VEFI AS like?

The current ratio was 2.89 in 2023 (median 1.39).

How does VEFI AS compare in Handel?

VEFI AS ranks 5,861 of 21,201 in Handel for 2023. Among companies in the Morning class Medium it is number 913 of 3,284.

Group accounts

The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

We do not show the group structure, because open data does not say who owns whom.

From the Central Coordinating Register

Org. no.
848690112
Legal form
AS · part of a group
Sector
Handel (46.860)
Morning company class
Medium
Employees
6 registered 10 August 2026
Founded
7 March 1988 38 years in operation
Share capital
0.17 MNOK
Business address
Nedre Eikervei 37B, 3045 DRAMMEN
Municipality
Drammen rank 10 of 11 in KOSTRA group 12
Latest accounts filed
2025
Website
www.vefi.com

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
Robin Chapman
Chair of the board
Olov Jerry Johansson
Auditor
BDO AS
Accountant
AIDER 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
Index652640
Rank5,86119,11515,728
Operating margin5.9%−1.6%0.9%
Return on assets31.1%5.4%9.6%
Equity ratio24.8%8.2%35.5%
Current ratio2.891.641.24
Revenue growth–5.6%−1.2%

Accounts

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

Key figure202320242025
Operating revenue68.8 MNOK72.7 MNOK71.7 MNOK
Operating profit4.1 MNOK−1.2 MNOK0.7 MNOK
Profit before tax4.1 MNOK−4.1 MNOK0.2 MNOK
Net profit3.2 MNOK−3.8 MNOK0.1 MNOK
Financial expenses4.3 MNOK5.8 MNOK2.3 MNOK
Total assets26.9 MNOK30.3 MNOK25.5 MNOK
Current assets19.3 MNOK25.1 MNOK20.4 MNOK
Equity6.7 MNOK2.5 MNOK9.1 MNOK
Retained earnings4.6 MNOK0.9 MNOK7.4 MNOK
Total liabilities20.2 MNOK27.8 MNOK16.5 MNOK
Current liabilities6.7 MNOK15.3 MNOK16.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4617233.