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VASSHELLA FLEXIBLES AS
AS
Active
Org 916096992
Bergveien 27, 3057 Solbergelva
Manufacture of bearings, gears, gearing and driving elements · NACE 2815
Est. 2015
0 employees
www.vasshella.no
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 0
EBITDA margin
—
-36% vs 2022
Equity ratio
88.2%
Financial strength
Net profit 2023
NOK -464K
-216% vs 2022
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 0
—
EBITDA
NOK -63K
-36%
Net profit
NOK -464K
-216%
Total assets
NOK 23K
-95%
Equity
NOK 20K
-96%
Employees
0
—
Company information
Legal name
VASSHELLA FLEXIBLES AS
Org number
916096992
Legal form
Aksjeselskap
NACE code
2815 · Manufacture of bearings, gears, gearing and driving elements
Founded
19. oktober 2015
Share capital
NOK 36 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikling og produksjon av fleksible koblinger og annet utstyr tilknyttet dette område, for bruk innen offshore.
Contact
Address
Bergveien 27, 3057 Solbergelva
Website
www.vasshella.no
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Companies in Manufacture of bearings, gears, gearing and driving elements
Companies in Drammen
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
0
0
0
0
0
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−60
−10
−116
−47
−63
Depreciation & amort.
−0
−307
−0
−100
−401
EBIT
−60
−316
−116
−147
−464
Net financials
0
0
−215
0
0
Profit before tax
−60
−316
−331
−147
−464
Tax
−0
−164
164
−0
−0
Net profit
−60
−152
−495
−147
−464
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
1 282
1 130
635
493
23
Equity
1 278
1 126
631
484
20
Long-term debt
0
0
0
0
0
Short-term debt
4
4
4
9
3
Total debt
4
4
4
9
3
Financial ratios
5-year trend
EBITDA margin
-6349100.0%
This company
15.8%
Market median
-40184277% vs market
2019
2023
Equity ratio
88.2%
This company
38.2%
Market median
+131% vs market
2019
2023
Return on equity
-2332.2%
This company
18.4%
Market median
-12775% vs market
2019
2023
Net profit margin
-46449900.0%
This company
8.1%
Market median
-573455656% vs market
2019
2023
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2019
2023
Debt / equity
0.13×
This company
0.62×
Market median
+79% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
ER
Espen Ruth Pettersen
Chief Executive Officer
Chief Executive Officer
2017 – 2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
SO
Svein Olav Torø
Board of Directors
2017
AL
Anne Lise Lervåg
Chairman
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vasshella As
Company
44.72%
44.72%
2023
Kongsberg Innovasjon As
Company
13.33%
13.33%
2023
Tp-Products As
Company
5%
5%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Jds-Invest As
Tp Products Holding As
Tp-Products As
VASSHELLA FLEXIBLES AS
(this company)
Board network connections
Board members of VASSHELLA FLEXIBLES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Espen Ruth Pettersen
Chief Executive Officer
0 companies
Svein Olav Torø
Board of Directors
0 companies
Anne Lise Lervåg
Chairman
0 companies