VEI & TUNNEL AS
Score · fiscal year 2025
44of 100
How to read this: the company is ahead of 39 % of small companies in the same sector in 2025. What does this mean?
Rank: 20,109 of 32,581 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 76 and solidity 11 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
VEI & TUNNEL AS is 6 points below the median for small companies in the same sector in 2025.
Median score 50 among 31,471 companies.
Against small companies in the same sector in 2025: operating margin 10.8% (median 3.7%) and equity ratio 2.3% (median 36.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 5 MNOK | 3 MNOK |
| Operating margin | 10.8% | 3.7% |
| Profit margin | 10.7% | 3.4% |
| Return on assets | 24.3% | 5.7% |
| Equity ratio | 2.3% | 36.5% |
| Debt-to-equity | 43.19 | 1.20 |
| Current ratio | 1.65 | 1.45 |
| Revenue growth | – | 3.0% |
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 44, VEI & TUNNEL AS does better than 39% of small companies in the same sector (31,719 companies) in 2025.
Score 2024–2025
- VEI & TUNNEL AS
- Median: small companies in the same sector
VEI & TUNNEL AS has a score of 44 for 2025, rank 20,109 of 32,581 in the sector.
Strongest: Profitability: percentile 76 against peers, operating margin 10.8% against a median of 3.7%.
Weakest: Solidity: percentile 11 against peers, equity ratio 2.3% against a median of 36.5%. Consistency: percentile 24 against peers.
Worth a closer look
- The equity ratio is very low. Could the company absorb a bad year, and does it need more equity? Based on: equity ratio 2.3% (median 36.5%).
- What lies behind weak solidity, and will it last?
- What lies behind weak consistency, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
VEI & TUNNEL AS had an operating margin of 10.8% and an equity ratio of 2.3% in 2025, and ranks 20,109 of 32,581 in Bygg og anlegg.
From 2024 to 2025: the equity ratio fell from 100.0% to 2.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 5 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | 5 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
- watch
The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?
Based on: Equity ratio 2.3% (median 36.5%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 0.2% 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
No anomalies found in the figures.
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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 76 | weight 30% |
|---|---|---|
| Solidity | 11 | weight 25% |
| Liquidity | 57 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 24 | weight 15% |
Durability: 54 (average over 2 years)
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is VEI & TUNNEL AS?
The operating margin was 10.8% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 24.3%.
How solid is VEI & TUNNEL AS?
The equity ratio was 2.3% in 2025 (median 36.5%). Debt-to-equity was 43.19 (median 1.20).
What is the liquidity of VEI & TUNNEL AS like?
The current ratio was 1.65 in 2025 (median 1.45).
How does VEI & TUNNEL AS compare in Bygg og anlegg?
VEI & TUNNEL AS ranks 20,109 of 32,581 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 19,412 of 31,719.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 933487148
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (42.110)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 2 May 2024 2 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Varnaveien 39A, 1526 MOSS
- Municipality
- Moss rank 4–9 of 10 in KOSTRA group 11
- Audit
- Audit opted out from 22 May 2024
- 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
- Ellen Christin Madsen
- Chair of the board
- Rolf-Petter Madsen
- Accountant
- MAGNAR NILSEN CONSULTING 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.
Figures last fetched 27 October 2026.
Year by year · 2024–2025
| Key figure | 2024 | 2025 | Trend |
|---|---|---|---|
| Index | 63 | 44 | |
| Rank | 7,490 | 20,109 | |
| Operating margin | – | 10.8% | |
| Return on assets | 0.0% | 24.3% | |
| Equity ratio | 100.0% | 2.3% | |
| Current ratio | – | 1.65 | |
| Revenue growth | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2024 | 2025 |
|---|---|---|
| Operating revenue | – | 4.6 MNOK |
| Operating profit | – | 0.5 MNOK |
| Profit before tax | 0.0 MNOK | 0.5 MNOK |
| Net profit | 0.0 MNOK | 0.4 MNOK |
| Financial expenses | – | 0.0 MNOK |
| Total assets | 0.0 MNOK | 2.0 MNOK |
| Current assets | 0.0 MNOK | 1.9 MNOK |
| Equity | 0.0 MNOK | 0.0 MNOK |
| Retained earnings | – | 0.0 MNOK |
| Total liabilities | 0.0 MNOK | 2.0 MNOK |
| Current liabilities | – | 1.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6870352.
Further
Similar companies
- SKARNES FLIS OG MALESERVICE AS index 44, rank 20,106 · compare
- ØIVIND BRÅTHEN AS index 44, rank 20,107 · compare
- INGE JENSEN MASKIN AS index 44, rank 20,108 · compare
- ML BYGG OG OPPUSSING AS index 44, rank 20,110 · compare
- J.SOLGÅRD HOLDING AS index 44, rank 20,111 · compare