VEMA. AS

Org. no. 990926697 · NARVIK · Founded 2007

Score · fiscal year 2024

45of 100

How to read this: the company is ahead of 41 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 7,236 of 12,272 · What are Morning company classes?
Place in the whole sector: 11,661 of 19,489 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 56 and solidity 65 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

VEMA. AS is 5 points below the median for companies in the Morning class Micro in the same sector in 2024.

Median score 50 among 12,263 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 13.0% (median 3.7%) and equity ratio 50.5% (median 33.6%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 29 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue1 MNOK3 MNOK
Operating margin 13.0% 3.7% 79 %
Profit margin −19.5% 3.1% shown, not part of the index
Return on assets 1.3% 8.0% 32 %
Equity ratio 50.5% 33.6% 68 %
Debt-to-equity 0.98 1.42 61 %
Current ratio 1.04 1.42 31 %
Revenue growth −40.7% 4.1% 7 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 45, VEMA. AS does better than 41% of companies in the Morning class Micro in the same sector (12,272 companies) in 2024.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VEMA. AS
  • Median: companies in the Morning class Micro in the same sector
Analysis · 2024

What the numbers say

VEMA. AS had an operating margin of 13.0% and an equity ratio of 50.5% in 2024, and ranks 11,661 of 19,489 in Bygg og anlegg.

From 2023 to 2024: the operating margin fell from 46.8% to 13.0% and went from a profit to a loss before tax.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

One method gives a figure: 9 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.2 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.2 MNOK
minus net debt 6.7 MNOK
8.0 debt above value
P/B Equity: 8.8 MNOK 1.0 9 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 · 2024

Worth a closer look

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −19.5% (median 3.1%).

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

Financial costs were 5.9% 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.

Stress test · 2021

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

Components · 2024

What the score is made of

Profitability56 weight 30%
Solidity65 weight 25%
Liquidity31 weight 15%
Growth7 weight 15%
Consistency45 weight 15%

Durability: 62 (average over 2 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is VEMA. AS?

The operating margin was 13.0% in 2024, against a median of 3.7% among companies in the Morning class Micro in the same sector. Return on assets was 1.3%. The company made a loss before tax.

How solid is VEMA. AS?

The equity ratio was 50.5% in 2024 (median 33.6%). Debt-to-equity was 0.98 (median 1.42).

What is the liquidity of VEMA. AS like?

The current ratio was 1.04 in 2024 (median 1.42).

How does VEMA. AS compare in Bygg og anlegg?

VEMA. AS ranks 11,661 of 19,489 in Bygg og anlegg for 2024. Among companies in the Morning class Micro it is number 7,236 of 12,272. Revenue changed by −40.7% from the year before.

From the Central Coordinating Register

Org. no.
990926697
Legal form
AS
Sector
Bygg og anlegg (41.000)
Morning company class
Micro
Employees
0–4 (not registered)
Founded
7 February 2007 19 years in operation
Share capital
0.10 MNOK
Business address
Gaupeveien 17, 8515 NARVIK
Municipality
Narvik rank 16–25 of 27 in KOSTRA group 9
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
Pär Magnus Andersson
Chair of the board
Pär Magnus Andersson
Deputy member
Veronica Føre Andersson
Auditor
HÅLOGALAND REVISJON 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 29 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index794586
Rank1,86011,661200
Operating margin46.8%13.0%68.1%
Return on assets7.6%1.3%30.0%
Equity ratio58.5%50.5%69.7%
Current ratio5.991.0431.54
Revenue growth–−40.7%380.2%

Accounts

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

Key figure202320242025
Operating revenue2.5 MNOK1.5 MNOK7.1 MNOK
Operating profit1.2 MNOK0.2 MNOK4.8 MNOK
Profit before tax0.7 MNOK−0.3 MNOK4.5 MNOK
Net profit0.6 MNOK−0.2 MNOK3.5 MNOK
Financial expenses0.4 MNOK0.5 MNOK0.4 MNOK
Total assets15.4 MNOK17.4 MNOK16.2 MNOK
Current assets1.3 MNOK1.0 MNOK6.0 MNOK
Equity9.0 MNOK8.8 MNOK11.3 MNOK
Retained earnings8.9 MNOK8.7 MNOK11.2 MNOK
Total liabilities6.4 MNOK8.6 MNOK4.9 MNOK
Current liabilities0.2 MNOK1.0 MNOK0.2 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 5872139.