Vestviken Utvikling AS

Org. no. 886403682 · Færder · Founded 2003

Bankruptcy registered 13 July 2021 in the Central Coordinating Register. Bankruptcies

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2020

Not enough data: Bankrupt or being wound up

Based on the annual accounts for 2020

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2020

The numbers behind the score

The numbers behind the score · 2020
MeasureCompanyMedianAhead of
Operating revenue0 MNOK–
Operating margin – – not compared
Profit margin – – shown, not part of the index
Return on assets −85.9% – not compared
Equity ratio −736.3% – not compared
Debt-to-equity – – not compared
Current ratio 0.16 – not compared
Revenue growth −102.4% – not compared

The median and “ahead of” refer to companies in the same sector in 2020. The bar shows the share of companies the figure is ahead of.

Over time

Score over time

Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.

Analysis · 2020

What the numbers say

Vestviken Utvikling AS had an equity ratio of −736.3% in 2020. The company is not ranked: bankrupt or being wound up.

From 2019 to 2020: the equity ratio fell from −495.6% to −736.3% and revenue fell by 102%.

This text is generated automatically from the 2020 accounts.

Estimated value · 2020

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: −2.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.8 MNOK 8.0 not meaningful
P/B Equity: −7.0 MNOK 1.0 not meaningful

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 · 2020

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −736.3%.

  • critical

    Consider strengthening liquidity: current liabilities are 6.3 times current assets.

    Based on: Current ratio 0.16.

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin –.

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

Financial costs were 12.8% of the debt in 2020. The policy rate averaged 0.36 % 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

  • critical Negative equity
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 31.0%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

2020

Questions and answers

How profitable is Vestviken Utvikling AS?

The operating margin was – in 2020, against a median of – among companies in the same sector. Return on assets was −85.9%. The company made a loss before tax.

How solid is Vestviken Utvikling AS?

The equity ratio was −736.3% in 2020 (median –). Equity is negative, so liabilities exceed assets.

What is the liquidity of Vestviken Utvikling AS like?

The current ratio was 0.16 in 2020 (median –). Current assets did not cover current liabilities.

From the Central Coordinating Register

Org. no.
886403682
Legal form
AS
Sector
Eiendom (68.120)
Employees
0–4 (not registered)
Founded
28 December 2003 22 years in operation
Share capital
2.50 MNOK
Business address
Mølleveien 19, 3140 NØTTERØY (FÆRDER)
Municipality
Færder rank 8–17 of 27 in KOSTRA group 9
Audit
Audit opted out from 23 November 2020
Latest accounts filed
2020

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

Roles have not been fetched yet.

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 30 October 2026.

Details

Year by year · 2018–2020

Key figure201820192020Trend
Index–––
Rank–––
Operating margin−29.2%374.4%–
Return on assets−38.7%612.6%−85.9%
Equity ratio−180.9%−495.6%−736.3%
Current ratio0.280.150.16
Revenue growth–−83.2%−102.4%

Accounts

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

Key figure201820192020
Operating revenue6.6 MNOK1.1 MNOK0.0 MNOK
Operating profit−1.9 MNOK4.1 MNOK−0.8 MNOK
Profit before tax−2.6 MNOK3.6 MNOK−1.8 MNOK
Net profit−2.6 MNOK3.6 MNOK−2.0 MNOK
Financial expenses0.8 MNOK2.6 MNOK1.0 MNOK
Total assets4.7 MNOK1.0 MNOK0.9 MNOK
Current assets3.6 MNOK0.9 MNOK0.9 MNOK
Equity−8.6 MNOK−5.0 MNOK−7.0 MNOK
Retained earnings−11.1 MNOK−7.5 MNOK−9.5 MNOK
Total liabilities13.3 MNOK6.0 MNOK7.9 MNOK
Current liabilities12.9 MNOK5.8 MNOK5.4 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 2536447.