VÆRNES AS
Score · fiscal year 2025
50of 100
How to read this: the company is ahead of 49 % of small companies in the same sector in 2025. What does this mean?
Rank: 16,631 of 32,582 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 56 and solidity 41 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
VÆRNES AS is at the median for small companies in the same sector in 2025.
Median score 50 among 31,472 companies.
Against small companies in the same sector in 2025: operating margin 3.7% (median 3.7%) and equity ratio 32.9% (median 36.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 34 MNOK | 3 MNOK |
| Operating margin | 3.7% | 3.7% |
| Profit margin | 4.1% | 3.4% |
| Return on assets | 11.2% | 5.7% |
| Equity ratio | 32.9% | 36.5% |
| Debt-to-equity | 2.04 | 1.20 |
| Current ratio | 1.50 | 1.45 |
| Revenue growth | −11.8% | 3.0% |
| Revenue per employee | 1.80 MNOK | 1.46 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 50, VÆRNES AS does better than 49% of small companies in the same sector (31,720 companies) in 2025.
Score 2023–2025
- VÆRNES AS
- Median: small companies in the same sector
VÆRNES AS has a score of 50 for 2025, rank 16,631 of 32,582 in the sector.
Strongest: Consistency: percentile 69 against peers.
Weakest: Growth: percentile 31 against peers, revenue growth −11.8% against a median of 3.0%.
Worth a closer look
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
VÆRNES AS had an operating margin of 3.7% and an equity ratio of 32.9% in 2025, and ranks 16,631 of 32,582 in Bygg og anlegg.
From 2024 to 2025: the operating margin fell from 9.3% to 3.7% and revenue fell by 12%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 4 MNOK and 15 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 11 MNOK |
| EV/EBIT | 8.0 | 15 MNOK |
| P/B | 1.0 | 4 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
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.
Data quality
No anomalies found in the figures.
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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 56 | weight 30% |
|---|---|---|
| Solidity | 41 | weight 25% |
| Liquidity | 52 | weight 15% |
| Growth | 31 | weight 15% |
| Consistency | 69 | weight 15% |
Durability: 53 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VÆRNES AS?
The operating margin was 3.7% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 11.2%.
How solid is VÆRNES AS?
The equity ratio was 32.9% in 2025 (median 36.5%). Debt-to-equity was 2.04 (median 1.20).
What is the liquidity of VÆRNES AS like?
The current ratio was 1.50 in 2025 (median 1.45).
How does VÆRNES AS compare in Bygg og anlegg?
VÆRNES AS ranks 16,631 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 16,069 of 31,720. Revenue changed by −11.8% from the year before.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 1 June 2019 | Kirkelig Fellesråd i Trondheim | Parallelle rammeavtaler håndverker - entreprenør og vaktmestertjenester 2019-2023 | value not stated |
| 23 August 2018 | Orkdal kommune | Orkdal kommune Industribygg til utleie til Isfjord Norway AS | value not stated |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 28 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 917249431
- Legal form
- AS
- Sector
- Bygg og anlegg (43.221)
- Size tier
- small
- Employees
- 19 registered 10 August 2026
- Founded
- 1 July 1970 56 years in operation
- Share capital
- 0.80 MNOK
- Business address
- Nyhavna, Skippergata 7, 7042 TRONDHEIM
- Municipality
- Trondheim rank 3–7 of 11 in KOSTRA group 12
- Latest accounts filed
- 2025
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
- Lasse Aspmo
- Chair of the board
- Svein Stubban
- Board member
- Odd Petter Johnsen
- Board member
- Lasse Aspmo
- Board member
- Torkild Kaasbøll
- Board member
- Anders Gartland Stubban
- Auditor
- BDO AS
Source: Central Coordinating Register, fetched 25 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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 53 | 56 | 50 | |
| Rank | 13,225 | 11,981 | 16,631 | |
| Operating margin | 8.2% | 9.3% | 3.7% | |
| Return on assets | 25.6% | 28.7% | 11.2% | |
| Equity ratio | 28.6% | 30.4% | 32.9% | |
| Current ratio | 1.34 | 1.38 | 1.50 | |
| Revenue growth | – | 0.2% | −11.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 38.6 MNOK | 38.7 MNOK | 34.2 MNOK |
| Operating profit | 3.2 MNOK | 3.6 MNOK | 1.3 MNOK |
| Profit before tax | 3.3 MNOK | 3.8 MNOK | 1.4 MNOK |
| Net profit | 2.6 MNOK | 2.9 MNOK | 1.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 13.0 MNOK | 13.2 MNOK | 12.5 MNOK |
| Current assets | 12.4 MNOK | 12.6 MNOK | 12.0 MNOK |
| Equity | 3.7 MNOK | 4.0 MNOK | 4.1 MNOK |
| Retained earnings | 2.9 MNOK | 3.2 MNOK | 3.3 MNOK |
| Total liabilities | 9.3 MNOK | 9.2 MNOK | 8.4 MNOK |
| Current liabilities | 9.3 MNOK | 9.1 MNOK | 8.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 7077787.
Further
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