VANNMANNEN AS

Org. no. 955133072 · Oslo · Founded 1989

Score · fiscal year 2025

73of 100

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

Rank in the Morning class Micro: 1,442 of 12,950 · What are Morning company classes?
Place in the whole sector: 2,183 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 86 and solidity 79 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

VANNMANNEN AS is 23 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 12,943 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 27.0% (median 3.5%) and equity ratio 64.8% (median 33.1%).

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 revenue2 MNOK3 MNOK
Operating margin 27.0% 3.5% 93 %
Profit margin 30.4% 3.0% shown, not part of the index
Return on assets 25.9% 7.8% 80 %
Equity ratio 64.8% 33.1% 81 %
Debt-to-equity 0.54 1.41 77 %
Current ratio 3.04 1.42 84 %
Revenue growth −0.8% 6.1% 41 %

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

With an index of 73, VANNMANNEN AS does better than 89% of companies in the Morning class Micro in the same sector (12,950 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VANNMANNEN AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

VANNMANNEN AS has a score of 73 for 2025, rank 2,183 of 20,428 in the sector.

Strongest: Profitability: percentile 86 against peers, operating margin 27.0% against a median of 3.5%. Liquidity: percentile 84 against peers, current ratio 3.04 against a median of 1.42.

No area is clearly below its peers.

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

VANNMANNEN AS had an operating margin of 27.0% and an equity ratio of 64.8% in 2025, and ranks 2,183 of 20,428 in Bygg og anlegg.

From 2024 to 2025: the operating margin fell from 37.4% to 27.0%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.6 MNOK 10.0 6 MNOK
EV/EBIT Operating profit: 0.6 MNOK
minus net debt −2.4 MNOK
8.0 8 MNOK
P/B Equity: 1.8 MNOK 1.0 2 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 27.0% (median 3.5%); Equity ratio 64.8% (median 33.1%); Current ratio 3.04 (median 1.42).

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

Financial costs were 1.2% 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.

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

Profitability86 weight 30%
Solidity79 weight 25%
Liquidity84 weight 15%
Growth41 weight 15%
Consistency54 weight 15%

Durability: 76 (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 VANNMANNEN AS?

The operating margin was 27.0% in 2025, against a median of 3.5% among companies in the Morning class Micro in the same sector. Return on assets was 25.9%.

How solid is VANNMANNEN AS?

The equity ratio was 64.8% in 2025 (median 33.1%). Debt-to-equity was 0.54 (median 1.41).

What is the liquidity of VANNMANNEN AS like?

The current ratio was 3.04 in 2025 (median 1.42).

How does VANNMANNEN AS compare in Bygg og anlegg?

VANNMANNEN AS ranks 2,183 of 20,428 in Bygg og anlegg for 2025. Among companies in the Morning class Micro it is number 1,442 of 12,950. Revenue changed by −0.8% from the year before.

From the Central Coordinating Register

Org. no.
955133072
Legal form
AS
Sector
Bygg og anlegg (43.221)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
24 November 1989 36 years in operation
Share capital
0.12 MNOK
Business address
Heggelibakken 4, 0375 OSLO
Municipality
Oslo rank 63–220 of 357 in Norway
Audit
Audit opted out from 3 December 2011
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
Pål Morten Pedersen
Chair of the board
Pål Morten Pedersen
Deputy member
Lennart Valner
Accountant
EFFEKT REGNSKAP AS
Accountant
FIRST ACCOUNTING 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.

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index738273
Rank3,0305842,183
Operating margin−14.9%37.4%27.0%
Return on assets63.0%40.3%25.9%
Equity ratio66.2%60.7%64.8%
Current ratio4.052.973.04
Revenue growth–66.5%−0.8%

Accounts

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

Key figure202320242025
Operating revenue1.4 MNOK2.4 MNOK2.4 MNOK
Operating profit−0.2 MNOK0.9 MNOK0.6 MNOK
Profit before tax1.1 MNOK1.1 MNOK0.7 MNOK
Net profit1.1 MNOK1.0 MNOK0.6 MNOK
Financial expenses0.1 MNOK0.0 MNOK0.0 MNOK
Total assets1.9 MNOK2.9 MNOK2.9 MNOK
Current assets1.5 MNOK2.9 MNOK2.8 MNOK
Equity1.3 MNOK1.7 MNOK1.8 MNOK
Retained earnings1.1 MNOK1.6 MNOK1.7 MNOK
Total liabilities0.6 MNOK1.1 MNOK1.0 MNOK
Current liabilities0.4 MNOK1.0 MNOK0.9 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6498159.