VVS Gjengen AS
Forced dissolution registered 20 June 2026 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 2023
Not enough data: Bankrupt or being wound up
Based on the annual accounts for 2023
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 4.0% | 4.0% |
| Profit margin | 3.2% | 3.3% |
| Return on assets | 11.8% | 7.9% |
| Equity ratio | 16.3% | 34.1% |
| Debt-to-equity | 5.13 | 1.45 |
| Current ratio | 1.24 | 1.43 |
| Revenue growth | 17.6% | 7.4% |
The median and “ahead of” refer to companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
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.
What the numbers say
VVS Gjengen AS had an equity ratio of 16.3% in 2023. The company is not ranked: bankrupt or being wound up.
From 2022 to 2023: went from a loss to a profit before tax and the operating margin rose from −1.1% to 4.0%.
VVS Gjengen AS did better than the sector in 2021, the sector's weakest year.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 0 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | 0 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.
Financial costs were 2.8% 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.
Scenario analysis: the sector's weakest year
The operating margin was 7.1% in 2021 (sector median 1.8%), and the equity ratio 30.4%. In the other years the operating margin averaged 1.4%.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
Questions and answers
How profitable is VVS Gjengen AS?
The operating margin was 4.0% in 2023, against a median of 4.0% among companies in the same sector. Return on assets was 11.8%.
How solid is VVS Gjengen AS?
The equity ratio was 16.3% in 2023 (median 34.1%). Debt-to-equity was 5.13 (median 1.45).
What is the liquidity of VVS Gjengen AS like?
The current ratio was 1.24 in 2023 (median 1.43).
From the Central Coordinating Register
- Org. no.
- 927036029
- Legal form
- AS
- Sector
- Bygg og anlegg (43.221)
- Morning company class
- Micro
- Employees
- 0–4 (not registered)
- Founded
- 12 April 2021 5 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o Øyvind Sivertsen, Ankenesveien 111A, 8520 ANKENES (NARVIK)
- Municipality
- Narvik rank 16–25 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 28 April 2021
- Latest accounts filed
- 2023
- Website
- www.vvsgjengen.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
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.
Figures last fetched 27 October 2026.
Year by year · 2021–2023
| Key figure | 2021 | 2022 | 2023 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | 7.1% | −1.1% | 4.0% | |
| Return on assets | 25.0% | −3.1% | 11.8% | |
| Equity ratio | 30.4% | 9.8% | 16.3% | |
| Current ratio | 1.44 | 1.02 | 1.24 | |
| Revenue growth | – | 80.9% | 17.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2021 | 2022 | 2023 |
|---|---|---|---|
| Operating revenue | 1.0 MNOK | 1.8 MNOK | 2.1 MNOK |
| Operating profit | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Profit before tax | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Net profit | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.3 MNOK | 0.7 MNOK | 0.7 MNOK |
| Current assets | 0.3 MNOK | 0.4 MNOK | 0.5 MNOK |
| Equity | 0.1 MNOK | 0.1 MNOK | 0.1 MNOK |
| Retained earnings | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total liabilities | 0.2 MNOK | 0.6 MNOK | 0.6 MNOK |
| Current liabilities | 0.2 MNOK | 0.4 MNOK | 0.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5482991.