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ARCTIC VVS AS
AS
Active
Org 918703071
Botnhågveien 6, 9308 Finnsnes
Rørleggerarbeid · NACE 43221
Est. 2017
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,3M
-8% vs 2023
EBITDA margin
17.6%
-24% vs 2023
Equity ratio
86.1%
Financial strength
Net profit 2024
NOK 718K
-21% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
1M
0%
2021
2M
+100%
2022
1M
-50%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 6,3M
-8%
EBITDA
NOK 1,1M
-24%
Net profit
NOK 718K
-21%
Total assets
NOK 6,7M
+9%
Equity
NOK 5,7M
+14%
Employees
2
—
Company information
Legal name
ARCTIC VVS AS
Org number
918703071
Legal form
Aksjeselskap
NACE code
43221 · Rørleggerarbeid
Founded
14. mars 2017
Share capital
NOK 100 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Raymond pettersen
Company purpose
Vvs.
Contact
Address
Botnhågveien 6, 9308 Finnsnes
Phone
+4793004723
Email
post@arcticvvs.no
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Revenue
NOK millions
0M
2M
4M
6M
8M
6M
2020
6M
2021
6M
2022
7M
2023
6M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
2M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
5 619
5 689
5 974
6 890
6 339
Staff expenses
−1 631
−1 814
−1 916
−2 150
−2 381
EBITDA
1 445
1 053
1 570
1 468
1 113
Depreciation & amort.
−151
−263
−258
−243
−208
EBIT
1 294
790
1 312
1 225
904
Net financials
5
−60
−68
−4
16
Profit before tax
1 298
731
1 243
1 222
920
Tax
299
147
267
311
202
Net profit
999
584
976
911
718
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 264
6 643
5 817
6 097
6 668
Equity
2 554
3 137
4 114
5 024
5 742
Long-term debt
0
2 900
958
0
9
Short-term debt
710
606
746
1 073
917
Total debt
710
3 506
1 703
1 073
926
Financial ratios
5-year trend
EBITDA margin
17.6%
This company
15.8%
Market median
+11% vs market
2020
2024
Equity ratio
86.1%
This company
38.2%
Market median
+125% vs market
2020
2024
Return on equity
12.5%
This company
18.4%
Market median
+32% vs market
2020
2024
Net profit margin
11.3%
This company
8.1%
Market median
+40% vs market
2020
2024
Asset turnover
0.95×
This company
1.12×
Market median
+15% vs market
2020
2024
Debt / equity
0.16×
This company
0.62×
Market median
+74% 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)
HH
Hugo Herulf Nordaas
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RP
Raymond Pettersen
Chairman
2017
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ARCTIC VVS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Hugo Herulf Nordaas
Chief Executive Officer
0 companies
Raymond Pettersen
Chairman
0 companies