Riskpilot← Back to searchSign inGet full accessVESTLANDET UTVIKLING AS
ASActiveOrg 920235786Hafstadvegen 21, 6800 FørdeDevelopment of building projects · NACE 6812Est. 20180 employees
Revenue 2025
NOK 16,1M
-24% vs 2024
EBITDA margin
10.3%
-51% vs 2024
Equity ratio
30.8%
Financial strength
Net profit 2025
NOK -245K
-123% vs 2024
| Revenue | NOK 16,1M | -24% |
| EBITDA | NOK 1,7M | -51% |
| Net profit | NOK -245K | -123% |
| Total assets | NOK 39,5M | -32% |
| Equity | NOK 12,2M | -2% |
| Employees | 0 | — |
Legal name
VESTLANDET UTVIKLING AS
Org number
920235786
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
12. januar 2018
Share capital
NOK 100 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Investering i, utvikling, oppføring og salg av fast eiendom samt det som naturlig står i forbindelse med dette.
Address
Hafstadvegen 21, 6800 Førde
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 54 395 | 4 151 | 6 042 | 21 181 | 16 116 |
| Staff expenses | −20 | −0 | −0 | −13 | −10 |
| EBITDA | 11 206 | 838 | 804 | 3 373 | 1 653 |
| Depreciation & amort. | −218 | −501 | −501 | −513 | −512 |
| EBIT | 10 988 | 337 | 303 | 2 860 | 1 140 |
| Net financials | −716 | −8 | 49 | −1 515 | −1 454 |
| Profit before tax | 10 272 | 329 | 352 | 1 345 | −313 |
| Tax | 2 262 | 75 | 78 | 296 | −68 |
| Net profit | 8 010 | 255 | 274 | 1 049 | −245 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 23 409 | 13 351 | 20 388 | 57 695 | 39 511 |
| Equity | 10 834 | 11 089 | 11 363 | 12 412 | 12 168 |
| Long-term debt | 0 | 0 | 5 000 | 35 000 | 22 000 |
| Short-term debt | 12 575 | 2 262 | 4 024 | 10 283 | 5 344 |
| Total debt | 12 575 | 2 262 | 9 024 | 45 283 | 27 344 |
EBITDA margin
10.3%
This company
15.8%
Market median
-35% vs market
20212025
Equity ratio
30.8%
This company
38.2%
Market median
+19% vs market
20212025
Return on equity
-2.0%
This company
18.4%
Market median
-111% vs market
20212025
Net profit margin
-1.5%
This company
8.1%
Market median
-119% vs market
20212025
Asset turnover
0.41×
This company
1.12×
Market median
-63% vs market
20212025
Debt / equity
2.25×
This company
0.62×
Market median
-263% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ND Chief Executive Officer | Chief Executive Officer | 2018 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2018 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 51% | 51% | 2024 | |
| Company | 49% | 49% | 2024 |
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Erdna Invest As
VESTLANDET UTVIKLING AS Board members of VESTLANDET UTVIKLING AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Narve Dvergsdal | Chief Executive Officer | 0 companies |
| Thor-Arne Ullaland | Chairman | 0 companies |