VESTERÅLEN ENERGI OG UTVIKLING AS
Score · fiscal year 2023
57of 100
How to read this: the company is ahead of 66 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 299 of 881 · Kraft og energi
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 33 and solidity 80 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
VESTERÅLEN ENERGI OG UTVIKLING AS is 8 points above the median for medium-sized companies in the same sector in 2023.
Median score 49 among 127 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 20.5% |
| Profit margin | – | 15.8% |
| Return on assets | 3.0% | 6.8% |
| Equity ratio | 64.7% | 38.4% |
| Debt-to-equity | 0.55 | 1.57 |
| Current ratio | 8.53 | 1.22 |
| Revenue growth | – | – |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 57, VESTERÅLEN ENERGI OG UTVIKLING AS does better than 66% of medium-sized companies in the same sector (127 companies) in 2023.
Score 2023–2025
- VESTERÅLEN ENERGI OG UTVIKLING AS
- Median: medium-sized companies in the same sector
What the numbers say
VESTERÅLEN ENERGI OG UTVIKLING AS had an operating margin of – and an equity ratio of 64.7% in 2023, and ranks 299 of 881 in Kraft og energi.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 70 MNOK and 263 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 70 MNOK |
| EV/EBIT | 8.0 | debt above value |
| P/B | 1.0 | 263 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
- watch Revenue not reported
- watch No revenue but large assets
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 0.3%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 33 | weight 30% |
|---|---|---|
| Solidity | 80 | weight 25% |
| Liquidity | 95 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 27 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is VESTERÅLEN ENERGI OG UTVIKLING AS?
The operating margin was – in 2023, against a median of 20.5% among medium-sized companies in the same sector. Return on assets was 3.0%.
How solid is VESTERÅLEN ENERGI OG UTVIKLING AS?
The equity ratio was 64.7% in 2023 (median 38.4%). Debt-to-equity was 0.55 (median 1.57).
What is the liquidity of VESTERÅLEN ENERGI OG UTVIKLING AS like?
The current ratio was 8.53 in 2023 (median 1.22).
How does VESTERÅLEN ENERGI OG UTVIKLING AS compare in Kraft og energi?
VESTERÅLEN ENERGI OG UTVIKLING AS ranks 299 of 881 in Kraft og energi for 2023. Among companies of the same size (medium-sized companies) it ranks 44 of 127.
Group accounts · 2025
39 of 100
Rank 633 of 868 groups with group accounts. Groups are ranked only against each other, not against single companies.
| Key figure | The group | The company alone (2023) |
|---|---|---|
| Operating margin | 9.6% | – |
| Return on assets | 1.8% | – |
| Equity ratio | 41.0% | – |
| Current ratio | 0.67 | – |
| Revenue growth | −1.3% | – |
Group index in earlier years: 2024: 48 (487 of 884).
Same formulas and weights as the company index. Group and company are never added together, and the group accounts are not part of sector averages or company rankings.
Source: Brønnøysund Register Centre, group accounts 2025 (open data, NLOD 2.0).
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 928054381
- Legal form
- AS
- Sector
- Kraft og energi (35.140)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 1 October 2021 5 years in operation
- Share capital
- 3.00 MNOK
- Business address
- v/økonomisjef, Vesterålsgata 57, 8400 SORTLAND
- Municipality
- Sortland rank 13 of 13 in KOSTRA group 8
- 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
- Chair of the board
- Svein Erik Nicolaysen
- Board member
- Tove Mette Bjørkmo
- Board member
- Johnny Karl Karlsen
- Auditor
- REVICOM AS
- Accountant
- SPAREBANK 1 REGNSKAPSHUSET NORD-NORGE 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 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 57 | 62 | 61 | |
| Rank | 299 | 199 | 257 | |
| Operating margin | – | – | – | |
| Return on assets | 3.0% | 3.3% | 3.3% | |
| Equity ratio | 64.7% | 65.5% | 64.9% | |
| Current ratio | 8.53 | 978.73 | 6.61 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.8 MNOK | −0.4 MNOK | −0.3 MNOK |
| Profit before tax | 7.0 MNOK | 3.6 MNOK | 3.6 MNOK |
| Net profit | 7.0 MNOK | 3.6 MNOK | 3.6 MNOK |
| Financial expenses | 5.3 MNOK | 9.8 MNOK | 9.6 MNOK |
| Total assets | 406.6 MNOK | 406.5 MNOK | 408.3 MNOK |
| Current assets | 31.5 MNOK | 31.4 MNOK | 33.3 MNOK |
| Equity | 262.9 MNOK | 266.4 MNOK | 265.1 MNOK |
| Retained earnings | 0.5 MNOK | 4.1 MNOK | 2.7 MNOK |
| Total liabilities | 143.7 MNOK | 140.0 MNOK | 143.3 MNOK |
| Current liabilities | 3.7 MNOK | 0.0 MNOK | 5.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5357615.
Further
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