Vestcom AS

Org. no. 974905256 · Ålesund · Founded 1995

Score · fiscal year 2023

52of 100

How to read this: the company is ahead of 53 % of companies in the Morning class Small in the same sector in 2023. What does this mean?

Rank in the Morning class Small: 3,182 of 6,803 · What are Morning company classes?
Place in the whole sector: 9,772 of 21,088 · Handel

Profile

Cheetah · Sprinter

High profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 94 and solidity 28 out of 100 among companies in the Morning class Small in the same sector in 2023. Methodology

Against the sector

Vestcom AS is 2 points above the median for companies in the Morning class Small in the same sector in 2023.

Median score 50 among 6,803 companies.

Against companies in the Morning class Small in the same sector in 2023: operating margin 17.6% (median 3.2%) and equity ratio 20.8% (median 36.1%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue14 MNOK20 MNOK
Operating margin 17.6% 3.2% 94 %
Profit margin 17.6% 2.9% shown, not part of the index
Return on assets 38.8% 9.3% 94 %
Equity ratio 20.8% 36.1% 31 %
Debt-to-equity 3.80 1.55 25 %
Current ratio 1.22 1.71 25 %
Revenue growth – 4.2% not compared

The median and “ahead of” refer to companies in the Morning class Small in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 52, Vestcom AS does better than 53% of companies in the Morning class Small in the same sector (6,803 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Vestcom AS
  • Median: companies in the Morning class Small in the same sector
Analysis · 2023

What the numbers say

Vestcom AS had an operating margin of 17.6% and an equity ratio of 20.8% in 2023, and ranks 9,772 of 21,088 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 1 MNOK and 21 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 1.9 MNOK 10.0 19 MNOK
EV/EBIT Operating profit: 2.4 MNOK
minus net debt −1.9 MNOK
8.0 21 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 · 2023

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 0.0% of the debt in 2023. The policy rate averaged 3.54 % 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 · 2023

What the score is made of

Profitability94 weight 30%
Solidity28 weight 25%
Liquidity25 weight 15%
Growth– no data, left out
Consistency37 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is Vestcom AS?

The operating margin was 17.6% in 2023, against a median of 3.2% among companies in the Morning class Small in the same sector. Return on assets was 38.8%.

How solid is Vestcom AS?

The equity ratio was 20.8% in 2023 (median 36.1%). Debt-to-equity was 3.80 (median 1.55).

What is the liquidity of Vestcom AS like?

The current ratio was 1.22 in 2023 (median 1.71).

How does Vestcom AS compare in Handel?

Vestcom AS ranks 9,772 of 21,088 in Handel for 2023. Among companies in the Morning class Small it is number 3,182 of 6,803.

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

Loading roles …

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.

Report an issue

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 4617627.