VVS RØRLEGGER'N TØNSBERG AS

Org. no. 931493779 · Tønsberg · Founded 2023 · 15 employees

Score · fiscal year 2024

43of 100

How to read this: the company is ahead of 35 % of companies in the Morning class Small in the same sector in 2024. What does this mean?

Rank in the Morning class Small: 3,500 of 5,354 · What are Morning company classes?
Place in the whole sector: 12,453 of 19,473 · Bygg og anlegg

Profile

Elephant · Steward

Lower profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 23 and solidity 55 out of 100 among companies in the Morning class Small in the same sector in 2024. Methodology

Against the sector

VVS RØRLEGGER'N TØNSBERG AS is 8 points below the median for companies in the Morning class Small in the same sector in 2024.

Median score 51 among 5,354 companies.

Against companies in the Morning class Small in the same sector in 2024: operating margin 0.7% (median 4.7%) and equity ratio 38.8% (median 34.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue32 MNOK19 MNOK
Operating margin 0.7% 4.7% 24 %
Profit margin 0.7% 4.4% shown, not part of the index
Return on assets 1.6% 11.0% 21 %
Equity ratio 38.8% 34.8% 56 %
Debt-to-equity 1.58 1.72 53 %
Current ratio 1.50 1.49 50 %
Revenue growth 16.7% 4.1% 69 %
Revenue per employee2.15 MNOK1.67 MNOK

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 43, VVS RØRLEGGER'N TØNSBERG AS does better than 35% of companies in the Morning class Small in the same sector (5,354 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VVS RØRLEGGER'N TØNSBERG AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2024

What the numbers say

VVS RØRLEGGER'N TØNSBERG AS had an operating margin of 0.7% and an equity ratio of 38.8% in 2024, and ranks 12,453 of 19,473 in Bygg og anlegg.

From 2023 to 2024: the equity ratio fell from 67.6% to 38.8% and the operating margin fell from 4.4% to 0.7%.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 2 MNOK and 10 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.2 MNOK
minus net debt −8.5 MNOK
8.0 10 MNOK
P/B Equity: 6.4 MNOK 1.0 6 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 · 2024

Worth a closer look

  • 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 0.7% (median 4.7%).

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

Financial costs were 0.2% of the debt in 2024. The policy rate averaged 4.50 % 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 · 2024

What the score is made of

Profitability23 weight 30%
Solidity55 weight 25%
Liquidity50 weight 15%
Growth69 weight 15%
Consistency31 weight 15%

Durability: 52 (average over 2 years)

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

2024

Questions and answers

How profitable is VVS RØRLEGGER'N TØNSBERG AS?

The operating margin was 0.7% in 2024, against a median of 4.7% among companies in the Morning class Small in the same sector. Return on assets was 1.6%.

How solid is VVS RØRLEGGER'N TØNSBERG AS?

The equity ratio was 38.8% in 2024 (median 34.8%). Debt-to-equity was 1.58 (median 1.72).

What is the liquidity of VVS RØRLEGGER'N TØNSBERG AS like?

The current ratio was 1.50 in 2024 (median 1.49).

How does VVS RØRLEGGER'N TØNSBERG AS compare in Bygg og anlegg?

VVS RØRLEGGER'N TØNSBERG AS ranks 12,453 of 19,473 in Bygg og anlegg for 2024. Among companies in the Morning class Small it is number 3,500 of 5,354. Revenue changed by 16.7% from the year before.

From the Central Coordinating Register

Org. no.
931493779
Legal form
AS
Sector
Bygg og anlegg (43.221)
Morning company class
Small
Employees
15 registered 10 September 2026
Founded
17 April 2023 3 years in operation
Share capital
0.30 MNOK
Business address
Semsbyveien 84, 3170 SEM (TØNSBERG)
Municipality
Tønsberg rank 2 of 10 in KOSTRA group 11
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
Morten Eriksen
Chair of the board
Morten Eriksen
Board member
Per Ove Smestad-Gran
Auditor
REVISJONSFIRMAET ÅSVANG & CO AS
Accountant
AIDER 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
Index614359
Rank6,32612,4536,619
Operating margin4.4%0.7%12.0%
Return on assets6.9%1.6%27.3%
Equity ratio67.6%38.8%36.3%
Current ratio2.801.501.54
Revenue growth–16.7%10.4%

Accounts

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

Key figure202320242025
Operating revenue27.7 MNOK32.3 MNOK35.7 MNOK
Operating profit1.2 MNOK0.2 MNOK4.3 MNOK
Profit before tax1.2 MNOK0.2 MNOK4.3 MNOK
Net profit1.0 MNOK0.2 MNOK3.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets18.1 MNOK16.5 MNOK15.8 MNOK
Current assets16.4 MNOK15.1 MNOK14.2 MNOK
Equity12.2 MNOK6.4 MNOK5.7 MNOK
Retained earnings1.2 MNOK1.4 MNOK0.7 MNOK
Total liabilities5.9 MNOK10.1 MNOK10.1 MNOK
Current liabilities5.9 MNOK10.1 MNOK9.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 5843995.