Vest Rørleggerservice AS

Org. no. 927101955 · Bergen · Founded 2021 · 17 employees

Score · fiscal year 2025

32of 100

How to read this: the company is ahead of 19 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 4,508 of 5,558 · What are Morning company classes?
Place in the whole sector: 16,111 of 20,337 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 22 and solidity 18 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Vest Rørleggerservice AS is 19 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 5,558 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 0.2% (median 4.5%) and equity ratio 14.7% (median 34.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue24 MNOK19 MNOK
Operating margin 0.2% 4.5% 22 %
Profit margin −0.1% 4.2% shown, not part of the index
Return on assets 1.2% 10.9% 22 %
Equity ratio 14.7% 34.1% 21 %
Debt-to-equity 5.81 1.72 15 %
Current ratio 1.21 1.48 31 %
Revenue growth 22.1% 6.0% 73 %
Revenue per employee1.42 MNOK1.70 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 32, Vest Rørleggerservice AS does better than 19% of companies in the Morning class Small in the same sector (5,558 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Vest Rørleggerservice AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Vest Rørleggerservice AS has a score of 32 for 2025, rank 16,111 of 20,337 in the sector.

Strongest: Growth: percentile 73 against peers, revenue growth 22.1% against a median of 6.0%.

Weakest: Solidity: percentile 18 against peers, equity ratio 14.7% against a median of 34.1%. Profitability: percentile 22 against peers, operating margin 0.2% against a median of 4.5%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

Vest Rørleggerservice AS had an operating margin of 0.2% and an equity ratio of 14.7% in 2025, and ranks 16,111 of 20,337 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 22%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

One method gives a figure: 1 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): −0.1 MNOK 16.9 – not meaningful
EV/EBIT Operating profit (mean 2023–2025): 0.0 MNOK 12.7 – not meaningful
P/B Equity: 0.7 MNOK 1.6 1 MNOK 1 MNOK

The listed basis is the value at listed multiples. The estimate is lowered by 51% for an unlisted company: 20% for lack of marketability and 38% for size (a small-company premium of 4% on the cost of equity).

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Indications · 2025

Worth a closer look

  • watch

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

    Based on: Profit margin −0.1% (median 4.2%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin 0.2% (median 4.5%).

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

Financial costs were 2.0% of the debt in 2025. The policy rate averaged 4.30 % 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 · 2021

Scenario analysis: the sector's weakest year

We have no accounts for 2021, the sector's weakest year, for this company.

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

Components · 2025

What the score is made of

Profitability22 weight 30%
Solidity18 weight 25%
Liquidity31 weight 15%
Growth73 weight 15%
Consistency38 weight 15%

Durability: 32 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is Vest Rørleggerservice AS?

The operating margin was 0.2% in 2025, against a median of 4.5% among companies in the Morning class Small in the same sector. Return on assets was 1.2%. The company made a loss before tax.

How solid is Vest Rørleggerservice AS?

The equity ratio was 14.7% in 2025 (median 34.1%). Debt-to-equity was 5.81 (median 1.72).

What is the liquidity of Vest Rørleggerservice AS like?

The current ratio was 1.21 in 2025 (median 1.48).

How does Vest Rørleggerservice AS compare in Bygg og anlegg?

Vest Rørleggerservice AS ranks 16,111 of 20,337 in Bygg og anlegg for 2025. Among companies in the Morning class Small it is number 4,508 of 5,558. Revenue changed by 22.1% from the year before.

From the Central Coordinating Register

Org. no.
927101955
Legal form
AS
Sector
Bygg og anlegg (43.221)
Morning company class
Small
Employees
17 registered 10 August 2026
Founded
27 April 2021 5 years in operation
Share capital
0.12 MNOK
Business address
Langarinden 8, 5132 NYBORG (BERGEN)
Municipality
Bergen rank 8 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

Loading roles …

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
2
Largest owner
50.0%
Split
companies 0% · private persons 100% · foreign 0%
Owned from the same municipality
100%

The company is new in the shareholder register in 2025.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

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 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index303332
Rank14,15515,21316,111
Operating margin−0.1%−0.2%0.2%
Return on assets−0.3%−0.5%1.2%
Equity ratio22.9%18.5%14.7%
Current ratio1.421.301.21
Revenue growth–46.4%22.1%

Accounts

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

Key figure202320242025
Operating revenue13.5 MNOK19.7 MNOK24.1 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax−0.1 MNOK−0.1 MNOK0.0 MNOK
Tax expense0.0 MNOK0.0 MNOK0.0 MNOK
Net profit−0.1 MNOK−0.1 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.1 MNOK0.1 MNOK
Total assets3.6 MNOK3.9 MNOK4.8 MNOK
Current assets3.1 MNOK3.5 MNOK4.5 MNOK
Equity0.8 MNOK0.7 MNOK0.7 MNOK
Retained earnings0.7 MNOK0.6 MNOK0.6 MNOK
Total liabilities2.8 MNOK3.2 MNOK4.1 MNOK
Current liabilities2.2 MNOK2.7 MNOK3.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7099538.