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POLAR VVS AS
AS
Active
Org 923315217
Østliveien 12H, 1415 Oppegård
Rørleggerarbeid · NACE 43221
Est. 2019
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,9M
-16% vs 2023
EBITDA margin
1.8%
+150% vs 2023
Equity ratio
21.3%
Financial strength
Net profit 2024
NOK 18K
+1631% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 3,9M
-16%
EBITDA
NOK 70K
+150%
Net profit
NOK 18K
+1631%
Total assets
NOK 1,4M
+13%
Equity
NOK 297K
+6%
Employees
1
—
Company information
Legal name
POLAR VVS AS
Org number
923315217
Legal form
Aksjeselskap
NACE code
43221 · Rørleggerarbeid
Founded
3. september 2019
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Rørleggerarbeide, installasjon, rep. Og vedlikehold, salg av artikler og annen relatert virksomhet.
Contact
Address
Østliveien 12H, 1415 Oppegård
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Revenue
NOK millions
0M
1M
3M
4M
6M
1M
2020
4M
2021
3M
2022
5M
2023
4M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 457
3 736
3 154
4 711
3 946
Staff expenses
−699
−1 397
−1 182
−1 484
−1 392
EBITDA
78
273
75
28
70
Depreciation & amort.
−17
−32
−25
−0
−0
EBIT
60
240
51
28
70
Net financials
−0
1
−0
−26
−48
Profit before tax
60
241
50
2
23
Tax
13
53
11
3
5
Net profit
47
188
39
−1
18
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
351
994
707
1 227
1 391
Equity
123
241
280
279
297
Long-term debt
0
0
0
547
454
Short-term debt
228
753
427
400
640
Total debt
228
753
427
948
1 094
Financial ratios
5-year trend
EBITDA margin
1.8%
This company
15.8%
Market median
-89% vs market
2020
2024
Equity ratio
21.3%
This company
38.2%
Market median
-44% vs market
2020
2024
Return on equity
6.0%
This company
18.4%
Market median
-67% vs market
2020
2024
Net profit margin
0.5%
This company
8.1%
Market median
-94% vs market
2020
2024
Asset turnover
2.84×
This company
1.12×
Market median
+154% vs market
2020
2024
Debt / equity
3.69×
This company
0.62×
Market median
-495% 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 (1)
SP
Snorre Pettersen
Chairman
2019
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of POLAR VVS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Snorre Pettersen
Chairman
0 companies