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VARGO3 AS
AS
In liquidation
Org 925947725
Sandvikveien 18, 4016 Stavanger
Development of building projects · NACE 6812
Est. 2020
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 198K
+44% vs 2023
EBITDA margin
72.2%
+534% vs 2023
Equity ratio
1.1%
Financial strength
Net profit 2024
NOK 115K
+508% 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 198K
+44%
EBITDA
NOK 143K
+534%
Net profit
NOK 115K
+508%
Total assets
NOK 15,2M
+4%
Equity
NOK 160K
+256%
Employees
0
—
Company information
Legal name
VARGO3 AS
Org number
925947725
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
11. november 2020
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. Daglig 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
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Companies in Development of building projects
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
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
0
10
0
138
198
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−6
8
−6
23
143
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−6
8
−6
23
143
Net financials
0
0
0
0
0
Profit before tax
−6
8
−6
23
143
Tax
4
2
−2
4
28
Net profit
−10
6
−4
19
115
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
24
37
14 626
14 571
15 201
Equity
20
30
26
45
160
Long-term debt
0
0
14 595
14 515
15 004
Short-term debt
4
7
5
11
36
Total debt
4
7
14 600
14 526
15 040
Financial ratios
5-year trend
EBITDA margin
72.2%
This company
15.8%
Market median
+357% vs market
2020
2024
Equity ratio
1.1%
This company
38.2%
Market median
-97% vs market
2020
2024
Return on equity
71.9%
This company
18.4%
Market median
+291% vs market
2020
2024
Net profit margin
58.1%
This company
8.1%
Market median
+617% vs market
2020
2024
Asset turnover
0.01×
This company
1.12×
Market median
-99% vs market
2020
2024
Debt / equity
93.89×
This company
0.62×
Market median
-15044% 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
Age
Other directorships
JO
Jan Olav Knudsen
Chairman
2020
—
—
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
VARGO3 AS
(this company)
Board network connections
Board members of VARGO3 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan Olav Knudsen
Chairman
0 companies