VENÅS AS

Org. no. 979952511 · RAUMA · Founded 1998 · 47 employees

Score · fiscal year 2023

37of 100

How to read this: the company is ahead of 30 % of small companies in the same sector in 2023. What does this mean?

Rank: 20,322 of 28,987 · Bygg og anlegg

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 46 and solidity 28 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

VENÅS AS is 13 points below the median for small companies in the same sector in 2023.

Median score 50 among 27,959 companies.

Against small companies in the same sector in 2023: operating margin 2.3% (median 4.1%) and equity ratio 21.8% (median 36.8%).

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 revenue63 MNOK3 MNOK
Operating margin 2.3% 4.1% 42 %
Profit margin 1.2% 3.8% shown, not part of the index
Return on assets 5.7% 5.9% 50 %
Equity ratio 21.8% 36.8% 34 %
Debt-to-equity 3.59 1.24 22 %
Current ratio 0.85 1.44 22 %
Revenue growth – 2.5% not compared
Revenue per employee1.34 MNOK1.38 MNOK

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

With an index of 37, VENÅS AS does better than 30% of small companies in the same sector (28,009 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VENÅS AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

VENÅS AS had an operating margin of 2.3% and an equity ratio of 21.8% in 2023, and ranks 20,322 of 28,987 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 5 MNOK and 8 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.6 MNOK 10.0 6 MNOK
EV/EBIT Operating profit: 1.4 MNOK
minus net debt 3.2 MNOK
8.0 8 MNOK
P/B Equity: 5.5 MNOK 1.0 5 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

  • watch

    Consider strengthening liquidity: current liabilities are 1.2 times current assets.

    Based on: Current ratio 0.85 (median 1.44).

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

Financial costs were 3.3% 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.

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 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability46 weight 30%
Solidity28 weight 25%
Liquidity22 weight 15%
Growth– no data, left out
Consistency48 weight 15%

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

2023

Questions and answers

How profitable is VENÅS AS?

The operating margin was 2.3% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 5.7%.

How solid is VENÅS AS?

The equity ratio was 21.8% in 2023 (median 36.8%). Debt-to-equity was 3.59 (median 1.24).

What is the liquidity of VENÅS AS like?

The current ratio was 0.85 in 2023 (median 1.44). Current assets did not cover current liabilities.

How does VENÅS AS compare in Bygg og anlegg?

VENÅS AS ranks 20,322 of 28,987 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 19,572 of 28,009.

From the Central Coordinating Register

Org. no.
979952511
Legal form
AS
Sector
Bygg og anlegg (43.120)
Size tier
small
Employees
47 registered 10 October 2026
Founded
11 June 1998 28 years in operation
Share capital
0.10 MNOK
Business address
Hovdevegen 7, 6386 MÅNDALEN (RAUMA)
Municipality
Rauma rank 5–20 of 40 in KOSTRA group 1
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
Owe Erlend Venås
Chair of the board
Owe Erlend Venås
Board member
Torgeir Venås
Board member
Marit Helen Frostad Bruaset
Auditor
BDO AS
Accountant
SNØHETTA REGNSKAP ÅNDALSNES 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
Index374852
Rank20,32217,19515,109
Operating margin2.3%2.2%4.6%
Return on assets5.7%6.9%13.1%
Equity ratio21.8%25.1%27.3%
Current ratio0.851.061.00
Revenue growth–25.9%18.6%

Accounts

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

Key figure202320242025
Operating revenue62.8 MNOK79.1 MNOK93.8 MNOK
Operating profit1.4 MNOK1.7 MNOK4.3 MNOK
Profit before tax0.8 MNOK1.0 MNOK3.6 MNOK
Net profit0.6 MNOK0.8 MNOK2.8 MNOK
Financial expenses0.6 MNOK0.7 MNOK0.7 MNOK
Total assets25.1 MNOK25.0 MNOK33.4 MNOK
Current assets10.7 MNOK11.5 MNOK16.7 MNOK
Equity5.5 MNOK6.3 MNOK9.1 MNOK
Retained earnings5.4 MNOK6.2 MNOK9.0 MNOK
Total liabilities19.6 MNOK18.8 MNOK24.3 MNOK
Current liabilities12.7 MNOK10.8 MNOK16.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5285611.

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