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VANG AUTO-SERVICE AS
AS
Active
Org 925734543
Tyinvegen 5340, 2975 Vang I Valdres
Retail sale of automotive fuel · NACE 4730
Est. 1970
32 employees
www.vangautoservice.no
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 93,1M
-17% vs 2019
EBITDA margin
8.0%
+40% vs 2019
Equity ratio
48.6%
Financial strength
Net profit 2020
NOK 5,4M
+60% vs 2019
EBITDA — year on year
NOK millions
14M
10M
7M
3M
0M
4M
2016
4M
0%
2017
11M
+175%
2018
5M
-55%
2019
7M
+40%
2020
Key figures
Annual report 2020
Revenue
NOK 93,1M
-17%
EBITDA
NOK 7,5M
+40%
Net profit
NOK 5,4M
+60%
Total assets
NOK 59,4M
+25%
Equity
NOK 28,9M
+23%
Employees
32
—
Company information
Legal name
VANG AUTO-SERVICE AS
Org number
925734543
Legal form
Aksjeselskap
NACE code
4730 · Retail sale of automotive fuel
Founded
14. mars 1970
Share capital
NOK 600 000
Employees
32 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Contact
Address
Tyinvegen 5340, 2975 Vang I Valdres
Website
www.vangautoservice.no
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Companies in Retail sale of automotive fuel
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All Norway companies
Revenue
NOK millions
0M
32M
64M
97M
129M
63M
2016
72M
2017
99M
2018
112M
2019
93M
2020
EBITDA
NOK millions
0M
3M
6M
9M
13M
4M
2016
4M
2017
11M
2018
5M
2019
7M
2020
Income statement
NOK thousands
Item
2016
2017
2018
2019
2020
Revenue
63 388
71 837
98 896
111 635
93 139
Staff expenses
−8 460
−9 319
−9 759
−11 124
−11 459
EBITDA
4 181
3 819
11 282
5 335
7 451
Depreciation & amort.
−1 448
−1 419
−1 518
−1 132
−769
EBIT
2 733
2 400
9 765
4 203
6 682
Net financials
−55
−113
−4
155
259
Profit before tax
2 678
2 287
9 761
4 358
6 941
Tax
665
551
2 237
968
1 534
Net profit
2 013
1 736
7 524
3 390
5 408
Balance sheet
NOK thousands
Item
2016
2017
2018
2019
2020
Total assets
33 403
34 799
40 591
47 621
59 441
Equity
15 047
15 433
21 607
23 497
28 915
Long-term debt
4 950
5 984
1 104
6 356
4 745
Short-term debt
13 405
13 382
17 880
17 768
25 782
Total debt
18 355
19 366
18 984
24 124
30 526
Financial ratios
5-year trend
EBITDA margin
8.0%
This company
15.8%
Market median
-49% vs market
2016
2020
Equity ratio
48.6%
This company
38.2%
Market median
+27% vs market
2016
2020
Return on equity
18.7%
This company
18.4%
Market median
+2% vs market
2016
2020
Net profit margin
5.8%
This company
8.1%
Market median
-28% vs market
2016
2020
Asset turnover
1.57×
This company
1.12×
Market median
+40% vs market
2016
2020
Debt / equity
1.06×
This company
0.62×
Market median
-71% vs market
2016
2020
Annual reports & filings
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
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
SW
Ståle Wangensteen
Deputy Member
Deputy Member
1997
AW
Arve Wangensteen
Chief Executive Officer
Chief Executive Officer
2008
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RW
Rune Wangensteen
Board of Directors
1997
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 VANG AUTO-SERVICE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ståle Wangensteen
Deputy Member
0 companies
Arve Wangensteen
Chief Executive Officer
0 companies
Rune Wangensteen
Board of Directors
0 companies