VEGAS AS

Org. no. 928470156 · NORD-FRON · Founded 2021

Score · fiscal year 2025

50of 100

How to read this: the company is ahead of 50 % of small companies in the same sector in 2025. What does this mean?

Rank: 19,607 of 38,670 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 66 and solidity 28 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

VEGAS AS is at the median for small companies in the same sector in 2025.

Median score 50 among 36,110 companies.

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 margin – 2.5% not compared
Profit margin – 2.2% shown, not part of the index
Return on assets 10.8% 4.0% 66 %
Equity ratio 19.5% 38.3% 35 %
Debt-to-equity 4.13 0.99 20 %
Current ratio – 1.70 not compared
Revenue growth – 3.5% not compared

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, VEGAS AS does better than 50% of small companies in the same sector (36,579 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VEGAS AS
  • Median: small companies in the same sector
Summary analysis

VEGAS AS has a score of 50 for 2025, rank 19,607 of 38,670 in the sector.

Strongest: Profitability: percentile 66 against peers.

Weakest: Solidity: percentile 28 against peers, equity ratio 19.5% against a median of 38.3%.

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

VEGAS AS had an operating margin of – and an equity ratio of 19.5% in 2025, and ranks 19,607 of 38,670 in Handel.

From 2024 to 2025: the equity ratio rose from 13.7% to 19.5%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 2 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 0.7 MNOK 1.0 1 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

Indications · 2025

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 5.2% 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.

Data quality

  • watch Revenue not reported
Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability66 weight 30%
Solidity28 weight 25%
Liquidity– no data, left out
Growth– no data, left out
Consistency55 weight 15%

Durability: 53 (average over 3 years)

Index version 2. Data completeness 70%: the share of the weights that had data.

2025

Questions and answers

How profitable is VEGAS AS?

The operating margin was – in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was 10.8%.

How solid is VEGAS AS?

The equity ratio was 19.5% in 2025 (median 38.3%). Debt-to-equity was 4.13 (median 0.99).

How does VEGAS AS compare in Handel?

VEGAS AS ranks 19,607 of 38,670 in Handel for 2025. Among companies of the same size (small companies) it ranks 18,362 of 36,579.

From the Central Coordinating Register

Org. no.
928470156
Legal form
AS
Sector
Handel (47.610)
Size tier
small
Employees
0–4 (not registered)
Founded
8 December 2021 4 years in operation
Share capital
0.03 MNOK
Business address
Berglandsvegen 6, 2640 VINSTRA (NORD-FRON)
Municipality
Nord-Fron rank 7–17 of 18 in KOSTRA group 2
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
Vegard Asphoug
Chair of the board
Vegard Asphoug
Auditor
CEDRA NORGE AS

Source: Central Coordinating Register, fetched 29 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.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index605050
Rank11,53019,09719,607
Operating margin–––
Return on assets22.0%3.7%10.8%
Equity ratio27.9%13.7%19.5%
Current ratio–62.45–
Revenue growth–––

Accounts

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

Key figure202320242025
Operating revenue–––
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.2 MNOK0.1 MNOK0.2 MNOK
Net profit0.2 MNOK0.1 MNOK0.2 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.1 MNOK
Total assets1.4 MNOK3.3 MNOK3.5 MNOK
Current assets0.4 MNOK0.4 MNOK0.6 MNOK
Equity0.4 MNOK0.5 MNOK0.7 MNOK
Retained earnings0.3 MNOK0.4 MNOK0.7 MNOK
Total liabilities1.0 MNOK2.9 MNOK2.9 MNOK
Current liabilities–0.0 MNOK–

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7112983.

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