Østlandske VVS AS
Score · fiscal year 2025
86of 100
How to read this: the company is ahead of 99 % of companies in the Morning class Medium in the same sector in 2025. What does this mean?
Rank in the Morning class Medium: 19 of 1,765 · What are Morning company classes?
Place in the whole sector: 184 of 20,335 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 94 and solidity 94 out of 100 among companies in the Morning class Medium in the same sector in 2025. Methodology
Against the sector
Østlandske VVS AS is 36 points above the median for companies in the Morning class Medium in the same sector in 2025.
Median score 50 among 1,764 companies.
Against companies in the Morning class Medium in the same sector in 2025: operating margin 20.4% (median 4.6%) and equity ratio 59.3% (median 30.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 90 MNOK | 91 MNOK |
| Operating margin | 20.4% | 4.6% |
| Profit margin | 21.8% | 4.5% |
| Return on assets | 30.7% | 11.4% |
| Equity ratio | 59.3% | 30.5% |
| Debt-to-equity | 0.69 | 2.23 |
| Current ratio | 2.45 | 1.38 |
| Revenue growth | 8.8% | 6.8% |
| Revenue per employee | 1.45 MNOK | 2.53 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 86, Østlandske VVS AS does better than 99% of companies in the Morning class Medium in the same sector (1,765 companies) in 2025.
Score 2023–2025
- Østlandske VVS AS
- Median: companies in the Morning class Medium in the same sector
Østlandske VVS AS has a score of 86 for 2025, rank 184 of 20,335 in the sector.
Strongest: Profitability: percentile 94 against peers, operating margin 20.4% against a median of 4.6%. Solidity: percentile 94 against peers, equity ratio 59.3% against a median of 30.5%.
No area is clearly below its peers.
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
Østlandske VVS AS had an operating margin of 20.4% and an equity ratio of 59.3% in 2025, and ranks 184 of 20,335 in Bygg og anlegg.
From 2024 to 2025: the equity ratio rose from 50.8% to 59.3%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 38 MNOK and 175 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 153 MNOK |
| EV/EBIT | 8.0 | 175 MNOK |
| P/B | 1.0 | 38 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 20.4% (median 4.6%); Equity ratio 59.3% (median 30.5%); Current ratio 2.45 (median 1.38).
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.
Scenario analysis: the sector's weakest year
We have no accounts for 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 94 | weight 30% |
|---|---|---|
| Solidity | 94 | weight 25% |
| Liquidity | 93 | weight 15% |
| Growth | 53 | weight 15% |
| Consistency | 84 | weight 15% |
Durability: 79 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is Østlandske VVS AS?
The operating margin was 20.4% in 2025, against a median of 4.6% among companies in the Morning class Medium in the same sector. Return on assets was 30.7%.
How solid is Østlandske VVS AS?
The equity ratio was 59.3% in 2025 (median 30.5%). Debt-to-equity was 0.69 (median 2.23).
What is the liquidity of Østlandske VVS AS like?
The current ratio was 2.45 in 2025 (median 1.38).
How does Østlandske VVS AS compare in Bygg og anlegg?
Østlandske VVS AS ranks 184 of 20,335 in Bygg og anlegg for 2025. Among companies in the Morning class Medium it is number 19 of 1,765. Revenue changed by 8.8% from the year before.
Public contracts
- Contracts awarded since 2024
- 0
- Total awarded value since 2024
- value not stated
| Date | Buyer | Notice | Value |
|---|---|---|---|
| 15 May 2023 | Rælingen kommune | Anskaffelse av rammeavtale for rørleggertjenester | 4.8 MNOK |
| 6 January 2020 | Øvre Romerike Innkjøpssamarbeid | Rørleggertjenester, rammeavtale (2019-102) | 0.0 MNOK |
Based on notices in Doffin. Does not show call-offs under framework agreements or purchases below the publication threshold. Values are as stated by the buyer.
Source: Doffin (DFØ), fetched 27 October 2026. Winners are matched on organisation number.
Contains data under the Norwegian licence for public data (NLOD 2.0) made available by Doffin/the Norwegian Agency for Public and Financial Management (DFØ). NLOD 2.0
From the Central Coordinating Register
- Org. no.
- 984235763
- Legal form
- AS
- Sector
- Bygg og anlegg (43.221)
- Morning company class
- Medium
- Employees
- 62 registered 10 September 2026
- Founded
- 7 February 2002 24 years in operation
- Share capital
- 0.10 MNOK
- Business address
- Karihaugveien 89, 1086 OSLO
- Municipality
- Oslo rank 63–220 of 357 in Norway
- Latest accounts filed
- 2025
- LEI
- 549300MSG2LMZZX2UO15 not renewed (lapsed)
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.
- Parent company
- Ranheim Invest AS (Norway)
Source: GLEIF (Global Legal Entity Identifier Foundation), fetched 30 October 2026. The parent is the one the company itself reported to GLEIF.
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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 74 | 78 | 86 | |
| Rank | 2,795 | 1,184 | 184 | |
| Operating margin | 17.3% | 19.0% | 20.4% | |
| Return on assets | 41.4% | 31.6% | 30.7% | |
| Equity ratio | 32.4% | 50.8% | 59.3% | |
| Current ratio | 1.47 | 2.03 | 2.45 | |
| Revenue growth | – | −15.6% | 8.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 97.9 MNOK | 82.6 MNOK | 89.8 MNOK |
| Operating profit | 17.0 MNOK | 15.7 MNOK | 18.3 MNOK |
| Profit before tax | 17.2 MNOK | 16.2 MNOK | 19.6 MNOK |
| Net profit | 13.7 MNOK | 12.4 MNOK | 15.3 MNOK |
| Financial expenses | 0.2 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 42.0 MNOK | 51.2 MNOK | 63.8 MNOK |
| Current assets | 41.6 MNOK | 51.1 MNOK | 63.7 MNOK |
| Equity | 13.6 MNOK | 26.0 MNOK | 37.8 MNOK |
| Retained earnings | 13.5 MNOK | 25.9 MNOK | 37.7 MNOK |
| Total liabilities | 28.4 MNOK | 25.2 MNOK | 26.0 MNOK |
| Current liabilities | 28.4 MNOK | 25.2 MNOK | 26.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 6732340.
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