VÆRÅS BRØNNBORING AS

Org. no. 947586416 · Modum · Founded 1988 · 18 employees

Score · fiscal year 2025

71of 100

How to read this: the company is ahead of 89 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?

Rank in the Morning class Medium: 193 of 1,765 · What are Morning company classes?
Place in the whole sector: 2,481 of 20,428 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 59 and solidity 99 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology

Against the sector

VÆRÅS BRØNNBORING AS is 21 points above the median for companies in the Morning class Medium in the same sector in 2025.

Median score 50 among 1,764 companies.

Against companies in the Morning class Medium in the same sector in 2025: operating margin 9.3% (median 4.5%) and equity ratio 80.6% (median 30.4%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue58 MNOK91 MNOK
Operating margin 9.3% 4.5% 79 %
Profit margin 10.3% 4.5% shown, not part of the index
Return on assets 8.1% 11.4% 38 %
Equity ratio 80.6% 30.4% 99 %
Debt-to-equity 0.24 2.23 99 %
Current ratio 2.45 1.38 93 %
Revenue growth −2.2% 6.8% 34 %
Revenue per employee3.24 MNOK2.53 MNOK

The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 71, VÆRÅS BRØNNBORING AS does better than 89% of companies in the Morning class Medium in the same sector (1,765 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VÆRÅS BRØNNBORING AS
  • Median: companies in the Morning class Medium in the same sector
Summary analysis

VÆRÅS BRØNNBORING AS has a score of 71 for 2025, rank 2,481 of 20,428 in the sector.

Strongest: Solidity: percentile 99 against peers, equity ratio 80.6% against a median of 30.4%. Liquidity: percentile 93 against peers, current ratio 2.45 against a median of 1.38.

Weakest: Growth: percentile 34 against peers, revenue growth −2.2% against a median of 6.8%.

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

VÆRÅS BRØNNBORING AS had an operating margin of 9.3% and an equity ratio of 80.6% in 2025, and ranks 2,481 of 20,428 in Bygg og anlegg.

From 2024 to 2025: the operating margin fell from 16.8% to 9.3%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 47 MNOK and 60 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 4.7 MNOK 10.0 47 MNOK
EV/EBIT Operating profit: 5.4 MNOK
minus net debt −13.0 MNOK
8.0 56 MNOK
P/B Equity: 59.7 MNOK 1.0 60 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

  • positive

    Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?

    Based on: Operating margin 9.3% (median 4.5%); Equity ratio 80.6% (median 30.4%); Current ratio 2.45 (median 1.38).

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

Financial costs were 0.1% 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.

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 · 2025

What the score is made of

Profitability59 weight 30%
Solidity99 weight 25%
Liquidity93 weight 15%
Growth34 weight 15%
Consistency67 weight 15%

Durability: 81 (average over 3 years)

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

2025

Questions and answers

How profitable is VÆRÅS BRØNNBORING AS?

The operating margin was 9.3% in 2025, against a median of 4.5% among companies in the Morning class Medium in the same sector. Return on assets was 8.1%.

How solid is VÆRÅS BRØNNBORING AS?

The equity ratio was 80.6% in 2025 (median 30.4%). Debt-to-equity was 0.24 (median 2.23).

What is the liquidity of VÆRÅS BRØNNBORING AS like?

The current ratio was 2.45 in 2025 (median 1.38).

How does VÆRÅS BRØNNBORING AS compare in Bygg og anlegg?

VÆRÅS BRØNNBORING AS ranks 2,481 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 193 of 1,765. Revenue changed by −2.2% from the year before.

From the Central Coordinating Register

Org. no.
947586416
Legal form
AS
Sector
Bygg og anlegg (42.210)
Morning company class
Medium
Employees
18 registered 10 September 2026
Founded
1 January 1988 38 years in operation
Share capital
0.10 MNOK
Business address
Snarumsveien 643, 3370 VIKERSUND (MODUM)
Municipality
Modum rank 12–25 of 38 in KOSTRA group 7
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
Daniel Ellingsen Værås
Chair of the board
Daniel Ellingsen Værås
Board member
David Ellingsen Værås
Auditor
CEDRA NORGE AS
Accountant
MSK REGNSKAPSSERVICE BJERTNES

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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index908271
Rank3605432,481
Operating margin17.5%16.8%9.3%
Return on assets15.5%15.2%8.1%
Equity ratio74.0%80.2%80.6%
Current ratio2.042.292.45
Revenue growth–9.5%−2.2%

Accounts

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

Key figure202320242025
Operating revenue54.4 MNOK59.6 MNOK58.2 MNOK
Operating profit9.5 MNOK10.0 MNOK5.4 MNOK
Profit before tax9.8 MNOK10.4 MNOK6.0 MNOK
Net profit7.7 MNOK8.1 MNOK4.7 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets63.4 MNOK68.7 MNOK74.1 MNOK
Current assets33.5 MNOK30.6 MNOK31.6 MNOK
Equity46.9 MNOK55.1 MNOK59.7 MNOK
Retained earnings46.8 MNOK55.0 MNOK59.6 MNOK
Total liabilities16.5 MNOK13.6 MNOK14.4 MNOK
Current liabilities16.4 MNOK13.4 MNOK12.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7081751.