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VANDALAI AS
AS
Active
Org 927703076
Hydrovegen 55, 3936 Porsgrunn
Research and experimental development on natural sciences and engineering · NACE 7210
Est. 2021
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,8M
+371% vs 2023
EBITDA margin
-74.4%
-303% vs 2023
Equity ratio
69.0%
Financial strength
Net profit 2024
NOK -2,4M
-312% vs 2023
EBITDA — year on year
NOK millions
0M
-1M
-1M
-2M
-3M
0M
2021
0M
0%
2022
-1M
-100%
2023
-2M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 2,8M
+371%
EBITDA
NOK -2,1M
-303%
Net profit
NOK -2,4M
-312%
Total assets
NOK 4,5M
+505%
Equity
NOK 3,1M
+511%
Employees
0
—
Company information
Legal name
VANDALAI AS
Org number
927703076
Legal form
Aksjeselskap
NACE code
7210 · Research and experimental development on natural sciences and engineering
Founded
14. september 2021
Share capital
NOK 38 772
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Utvikling og salg av produkter relatert til olje, gass og petroleums industrien.
Contact
Address
Hydrovegen 55, 3936 Porsgrunn
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Research and experimental development on natural sciences and engineering
Companies in Porsgrunn
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2021
0M
2022
1M
2023
3M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
-1M
2023
-2M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
100
0
600
2 826
Staff expenses
−0
−0
−9
−0
EBITDA
−21
−43
−522
−2 103
Depreciation & amort.
−0
−0
−42
−252
EBIT
−21
−43
−564
−2 355
Net financials
0
0
0
−3
Profit before tax
−21
−43
−564
−2 358
Tax
−4
−5
9
−0
Net profit
−17
−38
−573
−2 358
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
94
37
736
4 453
Equity
13
−25
503
3 073
Long-term debt
0
0
0
0
Short-term debt
81
61
233
1 380
Total debt
81
61
233
1 380
Financial ratios
5-year trend
EBITDA margin
-74.4%
This company
15.8%
Market median
-571% vs market
2021
2024
Equity ratio
69.0%
This company
38.2%
Market median
+81% vs market
2021
2024
Return on equity
-76.8%
This company
18.4%
Market median
-517% vs market
2021
2024
Net profit margin
-83.5%
This company
8.1%
Market median
-1131% vs market
2021
2024
Asset turnover
0.63×
This company
1.12×
Market median
-44% vs market
2021
2024
Debt / equity
0.45×
This company
0.62×
Market median
+27% vs market
2021
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 2021-08-09 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
UO
Ulrik Otto Engelschiøn
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MA
Marius Armann Nilo
Chairman
2022
Former (1)
OS
Odd-Erik Skippervold
Chairman
2021 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Magna Holding As
Company
70.9%
70.9%
2022
Todco As
Company
9.8%
9.8%
2022
Engel Capital As
Company
9.8%
9.8%
2022
Petter Norli
Individual
2.5%
2.5%
2022
Friber As
Company
2.5%
2.5%
2022
Va Invest As
Company
2.5%
2.5%
2022
Halvard Skyrud
Individual
2%
2%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Engel Capital As
VANDALAI AS
(this company)
Board network connections
Board members of VANDALAI AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ulrik Otto Engelschiøn
Chief Executive Officer
0 companies
Odd-Erik Skippervold
Chairman
0 companies
Marius Armann Nilo
Chairman
0 companies