Vestcom AS

Org. no. 974905256 · Ålesund · Founded 1995

Score · fiscal year 2025

48of 100

How to read this: the company is ahead of 45 % of companies in the Morning class Small in the same sector in 2025. What does this mean?

Rank in the Morning class Small: 4,100 of 7,414 · What are Morning company classes?
Place in the whole sector: 12,507 of 22,952 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 86 and solidity 33 out of 100 among companies in the Morning class Small in the same sector in 2025. Methodology

Against the sector

Vestcom AS is 3 points below the median for companies in the Morning class Small in the same sector in 2025.

Median score 51 among 7,414 companies.

Against companies in the Morning class Small in the same sector in 2025: operating margin 11.7% (median 3.4%) and equity ratio 24.0% (median 36.3%).

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 revenue14 MNOK20 MNOK
Operating margin 11.7% 3.4% 86 %
Profit margin 11.7% 3.0% shown, not part of the index
Return on assets 29.6% 10.0% 86 %
Equity ratio 24.0% 36.3% 36 %
Debt-to-equity 3.17 1.51 30 %
Current ratio 1.31 1.73 32 %
Revenue growth −17.7% 5.7% 8 %

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

With an index of 48, Vestcom AS does better than 45% of companies in the Morning class Small in the same sector (7,414 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Vestcom AS
  • Median: companies in the Morning class Small in the same sector
Summary analysis

Vestcom AS has a score of 48 for 2025, rank 12,507 of 22,952 in the sector.

Strongest: Profitability: percentile 86 against peers, operating margin 11.7% against a median of 3.4%.

Weakest: Growth: percentile 8 against peers, revenue growth −17.7% against a median of 5.7%. Liquidity: percentile 32 against peers, current ratio 1.31 against a median of 1.73.

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

Vestcom AS had an operating margin of 11.7% and an equity ratio of 24.0% in 2025, and ranks 12,507 of 22,952 in Handel.

From 2024 to 2025: the operating margin fell from 15.7% to 11.7% and revenue fell by 18%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 1 MNOK and 15 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.3 MNOK 10.0 13 MNOK
EV/EBIT Operating profit: 1.6 MNOK
minus net debt −2.1 MNOK
8.0 15 MNOK
P/B Equity: 1.3 MNOK 1.0 1 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

No rules were triggered for this year.

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 · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 11 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%
Solidity33 weight 25%
Liquidity32 weight 15%
Growth8 weight 15%
Consistency54 weight 15%

Durability: 54 (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 Vestcom AS?

The operating margin was 11.7% in 2025, against a median of 3.4% among companies in the Morning class Small in the same sector. Return on assets was 29.6%.

How solid is Vestcom AS?

The equity ratio was 24.0% in 2025 (median 36.3%). Debt-to-equity was 3.17 (median 1.51).

What is the liquidity of Vestcom AS like?

The current ratio was 1.31 in 2025 (median 1.73).

How does Vestcom AS compare in Handel?

Vestcom AS ranks 12,507 of 22,952 in Handel for 2025. Among companies in the Morning class Small it is number 4,100 of 7,414. Revenue changed by −17.7% from the year before.

From the Central Coordinating Register

Org. no.
974905256
Legal form
AS
Sector
Handel (46.500)
Morning company class
Small
Employees
0–4 (not registered)
Founded
1 August 1995 31 years in operation
Share capital
0.28 MNOK
Business address
Myrabakken Næringssenter, Spjelkavikvegen 130, 6010 ÅLESUND
Municipality
Ålesund rank 2–6 of 10 in KOSTRA group 11
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
Ferenc Karl Szell
Chair of the board
Frank Ove Strømmen
Board member
Ferenc Karl Szell
Auditor
I Tide Revisjon AS
Accountant
Admento 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
Index526048
Rank9,7726,82812,507
Operating margin17.6%15.7%11.7%
Return on assets38.8%43.2%29.6%
Equity ratio20.8%21.3%24.0%
Current ratio1.221.261.31
Revenue growth–22.8%−17.7%

Accounts

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

Key figure202320242025
Operating revenue13.8 MNOK16.9 MNOK13.9 MNOK
Operating profit2.4 MNOK2.7 MNOK1.6 MNOK
Profit before tax2.4 MNOK2.7 MNOK1.6 MNOK
Net profit1.9 MNOK2.1 MNOK1.3 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets6.2 MNOK6.2 MNOK5.5 MNOK
Current assets6.0 MNOK6.1 MNOK5.5 MNOK
Equity1.3 MNOK1.3 MNOK1.3 MNOK
Retained earnings1.0 MNOK1.0 MNOK1.0 MNOK
Total liabilities4.9 MNOK4.8 MNOK4.2 MNOK
Current liabilities4.9 MNOK4.8 MNOK4.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6356463.