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VATVEDT TECHNOLOGY AS
AS
Active
Org 868358602
Bredmyra 8, 1739 Borgenhaugen
Engineering activities and related technical consultancy · NACE 7112
Est. 1994
9 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 11,7M
-32% vs 2023
EBITDA margin
-11.2%
-145% vs 2023
Equity ratio
-436.0%
Financial strength
Net profit 2024
NOK -2,1M
-239% vs 2023
EBITDA — year on year
NOK millions
4M
0M
-4M
-8M
-11M
-6M
2020
-6M
0%
2021
-9M
-50%
2022
3M
+133%
2023
-1M
-133%
2024
Key figures
Annual report 2024
Revenue
NOK 11,7M
-32%
EBITDA
NOK -1,3M
-145%
Net profit
NOK -2,1M
-239%
Total assets
NOK 4,1M
+139%
Equity
NOK -18M
-13%
Employees
9
—
Company information
Legal name
VATVEDT TECHNOLOGY AS
Org number
868358602
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
3. januar 1994
Share capital
—
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap. Styrets leder alene.
Contact
Address
Bredmyra 8, 1739 Borgenhaugen
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All Norway companies
Revenue
NOK millions
0M
5M
10M
15M
20M
14M
2020
10M
2021
16M
2022
17M
2023
12M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
-6M
2020
-6M
2021
-9M
2022
3M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
13 734
10 486
16 424
17 183
11 685
Staff expenses
−14 566
−10 438
−9 772
−10 494
−10 606
EBITDA
−5 615
−6 294
−8 845
2 922
−1 305
Depreciation & amort.
−2 887
−2 863
−1 445
−91
−0
EBIT
−8 502
−9 157
−10 290
2 831
−1 305
Net financials
−1 427
−2 218
−965
−1 293
−827
Profit before tax
−9 929
−11 375
−11 255
1 537
−2 132
Tax
−226
−0
−0
−0
−0
Net profit
−9 703
−11 375
−11 255
1 537
−2 132
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
25 439
17 706
4 193
1 722
4 119
Equity
5 265
−6 110
−17 365
−15 828
−17 960
Long-term debt
1 750
2 162
15 636
14 075
19 200
Short-term debt
18 424
21 653
5 921
3 475
2 879
Total debt
20 174
23 816
21 558
17 549
22 079
Financial ratios
5-year trend
EBITDA margin
-11.2%
This company
15.8%
Market median
-171% vs market
2020
2024
Equity ratio
-436.0%
This company
38.2%
Market median
-1241% vs market
2020
2024
Return on equity
-213218100.0%
This company
18.4%
Market median
-1158794122% vs market
2020
2024
Net profit margin
-18.2%
This company
8.1%
Market median
-325% vs market
2020
2024
Asset turnover
2.84×
This company
1.12×
Market median
+154% vs market
2020
2024
Debt / equity
1.23×
This company
0.62×
Market median
-98% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
LR
Lars Roll Erichsen
Board of Directors
2022
OV
Ole-Christian Vatvedt
Chairman
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vatvedt As
Company
100%
100%
2022
Vatvedt Holding As
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Vatvedt Holding As
VATVEDT TECHNOLOGY AS
(this company)
Board network connections
Board members of VATVEDT TECHNOLOGY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lars Roll Erichsen
Board of Directors
0 companies
Ole-Christian Vatvedt
Chairman
0 companies