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VANGEN UTVIKLING AS
AS
Active
Org 913153308
Dalstoppen 12, 3145 Tjøme
Development of building projects · NACE 6812
Est. 2014
3 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,1M
+172% vs 2023
EBITDA margin
-3.8%
+90% vs 2023
Equity ratio
-16.8%
Financial strength
Net profit 2024
NOK -274K
+72% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
-1M
-100%
2022
-1M
0%
2023
0M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 2,1M
+172%
EBITDA
NOK -79K
+90%
Net profit
NOK -274K
+72%
Total assets
NOK 1,3M
-17%
Equity
NOK -216K
-477%
Employees
3
—
Company information
Legal name
VANGEN UTVIKLING AS
Org number
913153308
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
31. januar 2014
Share capital
NOK 30 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Utvikling av eiendom samt ytelse av servicetjenester til byggenæringen.
Contact
Address
Dalstoppen 12, 3145 Tjøme
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Explore
Companies in Development of building projects
Companies in Færder
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
1M
2020
2M
2021
3M
2022
1M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
-1M
2022
-1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
661
1 978
2 528
770
2 095
Staff expenses
−298
−1 157
−2 252
−1 152
−1 547
EBITDA
−25
184
−766
−774
−79
Depreciation & amort.
−131
−139
−136
−136
−136
EBIT
−156
45
−902
−910
−214
Net financials
−16
−10
−32
−80
−59
Profit before tax
−172
35
−934
−989
−274
Tax
28
8
−39
−0
−0
Net profit
−200
27
−895
−989
−274
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
717
2 864
1 935
1 557
1 289
Equity
292
319
−576
57
−216
Long-term debt
306
1 844
1 362
802
675
Short-term debt
119
701
1 149
697
830
Total debt
425
2 545
2 511
1 499
1 505
Financial ratios
5-year trend
EBITDA margin
-3.8%
This company
15.8%
Market median
-124% vs market
2020
2024
Equity ratio
-16.8%
This company
38.2%
Market median
-144% vs market
2020
2024
Return on equity
-27369600.0%
This company
18.4%
Market median
-148747926% vs market
2020
2024
Net profit margin
-13.1%
This company
8.1%
Market median
-262% vs market
2020
2024
Asset turnover
1.63×
This company
1.12×
Market median
+46% vs market
2020
2024
Debt / equity
6.96×
This company
0.62×
Market median
-1023% 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
Name
Role
Member since
Current (1)
SE
Simon Edvardsen
Chief Executive Officer
Chief Executive Officer
2014
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JR
Jens Roy Tung
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Jr Tung Invest As
Company
50%
50%
2022
S Edvardsen Invest As
Company
50%
50%
2022
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Company hierarchy
Jr Tung Invest As
VANGEN UTVIKLING AS
(this company)
Board network connections
Board members of VANGEN UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Simon Edvardsen
Chief Executive Officer
0 companies
Jens Roy Tung
Chairman
0 companies