VECS SHIPPING AS
Score · fiscal year 2025
39of 100
How to read this: the company is ahead of 29 % of small companies in the same sector in 2025. What does this mean?
Rank: 1,454 of 2,035 · Sjøfart
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 8 and solidity 67 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
VECS SHIPPING AS is 11 points below the median for small companies in the same sector in 2025.
Median score 50 among 1,469 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 8.4% |
| Profit margin | – | 9.2% |
| Return on assets | −36.1% | 3.4% |
| Equity ratio | 80.0% | 51.1% |
| Debt-to-equity | 0.25 | 0.67 |
| Current ratio | 4.99 | 1.77 |
| Revenue growth | – | 1.2% |
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 39, VECS SHIPPING AS does better than 29% of small companies in the same sector (1,476 companies) in 2025.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
VECS SHIPPING AS has a score of 39 for 2025, rank 1,454 of 2,035 in the sector.
Strongest: Liquidity: percentile 72 against peers, current ratio 4.99 against a median of 1.77. Solidity: percentile 67 against peers, equity ratio 80.0% against a median of 51.1%.
Weakest: Profitability: percentile 8 against peers. Consistency: percentile 20 against peers.
Worth a closer look
- The company made a loss before tax. Are these one-off items or a pattern? Based on: profit margin – (median 9.2%).
- What lies behind weak profitability, 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
VECS SHIPPING AS had an operating margin of – and an equity ratio of 80.0% in 2025, and ranks 1,454 of 2,035 in Sjøfart.
This text is generated automatically from the 2025 accounts.
Three simple methods
One method gives a figure: 0 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| 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 company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 9.2%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
Scenario analysis: the sector's weakest year
We have no accounts for 2026, the sector's weakest year, for this company.
The sector's weakest year was 2026, with a median operating margin of 6.1%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 8 | weight 30% |
|---|---|---|
| Solidity | 67 | weight 25% |
| Liquidity | 72 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 20 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is VECS SHIPPING AS?
The operating margin was – in 2025, against a median of 8.4% among small companies in the same sector. Return on assets was −36.1%. The company made a loss before tax.
How solid is VECS SHIPPING AS?
The equity ratio was 80.0% in 2025 (median 51.1%). Debt-to-equity was 0.25 (median 0.67).
What is the liquidity of VECS SHIPPING AS like?
The current ratio was 4.99 in 2025 (median 1.77).
How does VECS SHIPPING AS compare in Sjøfart?
VECS SHIPPING AS ranks 1,454 of 2,035 in Sjøfart for 2025. Among companies of the same size (small companies) it ranks 1,050 of 1,476.
From the Central Coordinating Register
- Org. no.
- 936036503
- Legal form
- AS
- Sector
- Sjøfart (50.201)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 12 August 2025 1 years in operation
- Share capital
- 0.03 MNOK
- Business address
- c/o VECS AS, Postveien 53, 4307 SANDNES
- Municipality
- Sandnes rank 4 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 26 August 2025
- 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
- Ola Ravndal
- Chair of the board
- Ingrid Sølvberg
- Board member
- Svein Terje Galta
- Board member
- Stig Eide Sivertsen
- Board member
- Leiv Olav Kallestad
- Board member
- Carl Lieungh
- Accountant
- ECIT KRR 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 28 October 2026.
Year by year
Trends appear once there is more than one fiscal year.
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2025 |
|---|---|
| Operating revenue | – |
| Operating profit | 0.0 MNOK |
| Profit before tax | 0.0 MNOK |
| Net profit | 0.0 MNOK |
| Financial expenses | – |
| Total assets | 0.0 MNOK |
| Current assets | 0.0 MNOK |
| Equity | 0.0 MNOK |
| Retained earnings | 0.0 MNOK |
| Total liabilities | 0.0 MNOK |
| Current liabilities | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6741172.
Further
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