VESTALL AS
Score · fiscal year 2024
45of 100
How to read this: the company is ahead of 37 % of medium-sized companies in the same sector in 2024. What does this mean?
Rank: 535 of 840 · Kraft og energi
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 62 and solidity 22 out of 100 among medium-sized companies in the same sector in 2024. Methodology
Against the sector
VESTALL AS is 6 points below the median for medium-sized companies in the same sector in 2024.
Median score 51 among 139 companies.
Against medium-sized companies in the same sector in 2024: operating margin 27.3% (median 15.8%) and equity ratio 29.9% (median 42.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 141 MNOK | 205 MNOK |
| Operating margin | 27.3% | 15.8% |
| Profit margin | 15.8% | 13.3% |
| Return on assets | 6.6% | 6.6% |
| Equity ratio | 29.9% | 42.6% |
| Debt-to-equity | 2.35 | 1.33 |
| Current ratio | 0.18 | 1.16 |
| Revenue growth | 7.0% | −8.2% |
| Revenue per employee | 2.89 MNOK | 7.21 MNOK |
The median and “ahead of” refer to medium-sized companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 45, VESTALL AS does better than 37% of medium-sized companies in the same sector (139 companies) in 2024.
Score 2023–2025
- VESTALL AS
- Median: medium-sized companies in the same sector
What the numbers say
VESTALL AS had an operating margin of 27.3% and an equity ratio of 29.9% in 2024, and ranks 535 of 840 in Kraft og energi.
From 2023 to 2024: the operating margin fell from 31.1% to 27.3%.
VESTALL AS did better than the sector in 2025, the sector's weakest year.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 121 MNOK and 184 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 174 MNOK |
| EV/EBIT | 8.0 | 121 MNOK |
| P/B | 1.0 | 184 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
- critical
Consider strengthening liquidity: current liabilities are 5.7 times current assets.
Based on: Current ratio 0.18 (median 1.16).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 4.2% of the debt in 2024. The policy rate averaged 4.50 % 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
The operating margin was 29.8% in 2025 (sector median 16.0%), and the equity ratio 32.0%. In the other years the operating margin averaged 29.2%.
The sector's weakest year was 2025, with a median operating margin of 16.0%. 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 | 62 | weight 30% |
|---|---|---|
| Solidity | 22 | weight 25% |
| Liquidity | 6 | weight 15% |
| Growth | 71 | weight 15% |
| Consistency | 61 | weight 15% |
Durability: 44 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VESTALL AS?
The operating margin was 27.3% in 2024, against a median of 15.8% among medium-sized companies in the same sector. Return on assets was 6.6%.
How solid is VESTALL AS?
The equity ratio was 29.9% in 2024 (median 42.6%). Debt-to-equity was 2.35 (median 1.33).
What is the liquidity of VESTALL AS like?
The current ratio was 0.18 in 2024 (median 1.16). Current assets did not cover current liabilities.
How does VESTALL AS compare in Kraft og energi?
VESTALL AS ranks 535 of 840 in Kraft og energi for 2024. Among companies of the same size (medium-sized companies) it ranks 88 of 139. Revenue changed by 7.0% 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.
- 968168134
- Legal form
- AS · part of a group
- Sector
- Kraft og energi (35.140)
- Size tier
- medium
- Employees
- 49 registered 10 September 2026
- Founded
- 1 December 1993 32 years in operation
- Share capital
- 5.93 MNOK
- Business address
- Strandgata 47, 8400 SORTLAND
- Municipality
- Sortland rank 6–13 of 13 in KOSTRA group 8
- Latest accounts filed
- 2025
- Website
- www.vestall.no
- LEI
- 549300QP7KJWWZLYLW53 renews 4 April 2027
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
- Torbjørn Åsbakk
- Chair of the board
- Halvard Severin Pettersen
- Board member
- Åse Helene Rønning Eilertsen
- Board member
- Odd-Are Sørensen
- Board member
- Leif Werner Einangen Johansen
- Board member
- Arne Olav Flø
- Deputy member
- Morten Roll
- Auditor
- REVICOM 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 · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 43 | 45 | 42 | |
| Rank | 533 | 535 | 582 | |
| Operating margin | 31.1% | 27.3% | 29.8% | |
| Return on assets | 7.8% | 6.6% | 6.6% | |
| Equity ratio | 29.4% | 29.9% | 32.0% | |
| Current ratio | 0.18 | 0.18 | 0.14 | |
| Revenue growth | – | 7.0% | −2.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 132.2 MNOK | 141.5 MNOK | 137.8 MNOK |
| Operating profit | 41.1 MNOK | 38.6 MNOK | 41.1 MNOK |
| Profit before tax | 27.4 MNOK | 22.3 MNOK | 23.0 MNOK |
| Net profit | 21.4 MNOK | 17.4 MNOK | 17.9 MNOK |
| Financial expenses | 16.6 MNOK | 18.3 MNOK | 19.9 MNOK |
| Total assets | 560.3 MNOK | 617.5 MNOK | 645.5 MNOK |
| Current assets | 54.0 MNOK | 43.3 MNOK | 33.6 MNOK |
| Equity | 164.8 MNOK | 184.5 MNOK | 206.8 MNOK |
| Retained earnings | 158.5 MNOK | 178.2 MNOK | 200.6 MNOK |
| Total liabilities | 395.6 MNOK | 433.0 MNOK | 438.7 MNOK |
| Current liabilities | 294.6 MNOK | 245.3 MNOK | 236.1 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6205843.
Further
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