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VARGO AS
AS
Active
Org 923328343
Sandvikveien 18, 4016 Stavanger
Rental and operating of own or leased real estate · NACE 6820
Est. 2019
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,2M
-46% vs 2023
EBITDA margin
89.3%
-42% vs 2023
Equity ratio
20.3%
Financial strength
Net profit 2024
NOK 837K
-54% vs 2023
EBITDA — year on year
NOK millions
0M
1M
2M
3M
4M
0M
2019
1M
+100%
2020
2M
+100%
2021
3M
+50%
2022
3M
0%
2023
2M
-33%
2024
Key figures
Annual report 2024
Revenue
NOK 2,2M
-46%
EBITDA
NOK 2M
-42%
Net profit
NOK 837K
-54%
Total assets
NOK 27,3M
+2%
Equity
NOK 5,5M
+18%
Employees
0
—
Company information
Legal name
VARGO AS
Org number
923328343
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
4. september 2019
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Handel, utvikling, kjøp, salg og utleie av fast eiendom samt annen virksomhet som naturlig faller inn under dette ved aksjekjøp eller på annen måte.
Contact
Address
Sandvikveien 18, 4016 Stavanger
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
0M
2019
1M
2020
2M
2021
3M
2022
4M
2023
2M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
0M
2019
1M
2020
2M
2021
3M
2022
3M
2023
2M
2024
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Revenue
0
1 157
1 971
3 471
4 148
2 231
Staff expenses
−0
−0
−0
−0
−0
−0
EBITDA
−5
835
1 769
3 255
3 444
1 992
Depreciation & amort.
−0
−0
−0
−0
−0
−0
EBIT
−5
835
1 769
3 255
3 444
1 992
Net financials
−29
−850
−735
−547
−1 725
−1 562
Profit before tax
−34
−14
1 034
2 708
1 720
430
Tax
−0
−0
224
596
−90
−407
Net profit
−34
−14
810
2 112
1 810
837
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Total assets
21 801
22 456
21 805
24 648
26 871
27 286
Equity
−9
−23
786
2 899
4 709
5 546
Long-term debt
21 810
22 474
20 794
21 138
20 176
21 383
Short-term debt
0
6
224
607
1 986
358
Total debt
21 810
22 480
21 018
21 745
22 162
21 740
Financial ratios
5-year trend
EBITDA margin
89.3%
This company
15.8%
Market median
+465% vs market
2019
2024
Equity ratio
20.3%
This company
38.2%
Market median
-47% vs market
2019
2024
Return on equity
15.1%
This company
18.4%
Market median
+18% vs market
2019
2024
Net profit margin
37.5%
This company
8.1%
Market median
+363% vs market
2019
2024
Asset turnover
0.08×
This company
1.12×
Market median
-93% vs market
2019
2024
Debt / equity
3.92×
This company
0.62×
Market median
-532% vs market
2019
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
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
Age
Other directorships
JO
Jan Olav Knudsen
Chief Executive Officer
Chief Executive Officer
2019
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Westbo Holding As
Company
100.0%
100.0%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Westbo Holding As
VARGO AS
(this company)
Board network connections
Board members of VARGO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan Olav Knudsen
Chief Executive Officer
0 companies