VEST-TELEMARK KRAFTLAG AS
Score · fiscal year 2025
63of 100
How to read this: the company is ahead of 82 % of medium-sized companies in the same sector in 2025. What does this mean?
Rank: 332 of 1,571 · Kraft og energi
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 89 and solidity 53 out of 100 among medium-sized companies in the same sector in 2025. Methodology
Against the sector
VEST-TELEMARK KRAFTLAG AS is 14 points above the median for medium-sized companies in the same sector in 2025.
Median score 49 among 197 companies.
Against medium-sized companies in the same sector in 2025: operating margin 44.0% (median 17.1%) and equity ratio 44.6% (median 42.7%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 407 MNOK | 195 MNOK |
| Operating margin | 44.0% | 17.1% |
| Profit margin | 44.7% | 13.9% |
| Return on assets | 30.4% | 5.4% |
| Equity ratio | 44.6% | 42.7% |
| Debt-to-equity | 1.24 | 1.33 |
| Current ratio | 0.76 | 1.18 |
| Revenue growth | 11.8% | 6.0% |
| Revenue per employee | 81.39 MNOK | 5.86 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 63, VEST-TELEMARK KRAFTLAG AS does better than 82% of medium-sized companies in the same sector (197 companies) in 2025.
Score 2023–2025
- VEST-TELEMARK KRAFTLAG AS
- Median: medium-sized companies in the same sector
VEST-TELEMARK KRAFTLAG AS has a score of 63 for 2025, rank 332 of 1,571 in the sector.
Strongest: Profitability: percentile 89 against peers, operating margin 44.0% against a median of 17.1%. Growth: percentile 64 against peers, revenue growth 11.8% against a median of 6.0%.
Weakest: Liquidity: percentile 30 against peers, current ratio 0.76 against a median of 1.18.
Worth a closer look
- Consider strengthening liquidity: current liabilities are 1.3 times current assets. Based on: current ratio 0.76 (median 1.18).
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
VEST-TELEMARK KRAFTLAG AS had an operating margin of 44.0% and an equity ratio of 44.6% in 2025, and ranks 332 of 1,571 in Kraft og energi.
From 2024 to 2025: the operating margin rose from 39.2% to 44.0% and revenue grew by 12%.
VEST-TELEMARK KRAFTLAG AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 281 MNOK and 1,291 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 929 MNOK |
| EV/EBIT | 8.0 | 1,291 MNOK |
| P/B | 1.0 | 281 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
Consider strengthening liquidity: current liabilities are 1.3 times current assets.
Based on: Current ratio 0.76 (median 1.18).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
The operating margin was 44.0% in 2025 (sector median 12.6%), and the equity ratio 44.6%. In the other years the operating margin averaged 48.6%.
The sector's weakest year was 2025, with a median operating margin of 12.6%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 89 | weight 30% |
|---|---|---|
| Solidity | 53 | weight 25% |
| Liquidity | 30 | weight 15% |
| Growth | 64 | weight 15% |
| Consistency | 59 | weight 15% |
Durability: 61 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VEST-TELEMARK KRAFTLAG AS?
The operating margin was 44.0% in 2025, against a median of 17.1% among medium-sized companies in the same sector. Return on assets was 30.4%.
How solid is VEST-TELEMARK KRAFTLAG AS?
The equity ratio was 44.6% in 2025 (median 42.7%). Debt-to-equity was 1.24 (median 1.33).
What is the liquidity of VEST-TELEMARK KRAFTLAG AS like?
The current ratio was 0.76 in 2025 (median 1.18). Current assets did not cover current liabilities.
How does VEST-TELEMARK KRAFTLAG AS compare in Kraft og energi?
VEST-TELEMARK KRAFTLAG AS ranks 332 of 1,571 in Kraft og energi for 2025. Among companies of the same size (medium-sized companies) it ranks 36 of 197. Revenue changed by 11.8% from the year before.
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.
- 955996836
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.150)
- Size tier
- medium
- Employees
- 5 registered 10 February 2025
- Founded
- 13 September 1940 86 years in operation
- Share capital
- 72.10 MNOK
- Business address
- Høydalsmovegen 815, 3891 HØYDALSMO (TOKKE)
- Municipality
- Tokke rank 5–16 of 28 in KOSTRA group 6
- 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
- Hallgeir Aarbakk
- Chair of the board
- Erik Skjervagen
- Board member
- Magne Wraa
- Board member
- Runa Vee Tveit
- Board member
- Jarle Solbu
- Board member
- Per Dehli
- Board member
- Ragnhild Sølberg
- Board member
- Dordi Elise Flom
- Board member
- Kevin Rue
- Deputy member
- Anne Birgit Sollid
- Deputy member
- Knut Seltveit Urbø
- Deputy member
- Aud Kirsten Jonskås
- Deputy member
- Torfinn Heggtveit
- Deputy member
- Stian Stykket
- Auditor
- CEDRA NORGE AS
Source: Central Coordinating Register, fetched 25 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 · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 58 | 62 | 63 | |
| Rank | 440 | 319 | 332 | |
| Operating margin | 58.0% | 39.2% | 44.0% | |
| Return on assets | 37.2% | 27.5% | 30.4% | |
| Equity ratio | 38.4% | 42.6% | 44.6% | |
| Current ratio | 0.52 | 0.54 | 0.76 | |
| Revenue growth | – | 4.7% | 11.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 347.6 MNOK | 364.0 MNOK | 407.0 MNOK |
| Operating profit | 201.7 MNOK | 142.8 MNOK | 178.9 MNOK |
| Profit before tax | 202.9 MNOK | 145.0 MNOK | 182.1 MNOK |
| Net profit | 76.2 MNOK | 57.7 MNOK | 92.9 MNOK |
| Financial expenses | 8.0 MNOK | 10.7 MNOK | 9.3 MNOK |
| Total assets | 566.6 MNOK | 566.6 MNOK | 629.5 MNOK |
| Current assets | 98.9 MNOK | 89.5 MNOK | 143.2 MNOK |
| Equity | 217.5 MNOK | 241.5 MNOK | 280.8 MNOK |
| Retained earnings | 74.3 MNOK | 84.6 MNOK | 124.0 MNOK |
| Total liabilities | 349.0 MNOK | 325.2 MNOK | 348.6 MNOK |
| Current liabilities | 192.0 MNOK | 164.9 MNOK | 188.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 7163417.
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