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VESTFOLD RØRFORNYING AS
AS
Active
Org 928296792
Løkka 33, 3271 Larvik
Rørleggerarbeid · NACE 43221
Est. 2021
17 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 25,6M
+167% vs 2022
EBITDA margin
16.0%
+179% vs 2022
Equity ratio
9.2%
Financial strength
Net profit 2023
NOK 2,3M
+192% vs 2022
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
0M
2021
1M
+100%
2022
4M
+300%
2023
Key figures
Annual report 2023
Revenue
NOK 25,6M
+167%
EBITDA
NOK 4,1M
+179%
Net profit
NOK 2,3M
+192%
Total assets
NOK 10,8M
+96%
Equity
NOK 992K
+37%
Employees
17
—
Company information
Legal name
VESTFOLD RØRFORNYING AS
Org number
928296792
Legal form
Aksjeselskap
NACE code
43221 · Rørleggerarbeid
Founded
7. desember 2021
Share capital
NOK 30 000
Employees
17 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Company purpose
Utføre tjenester innenfor rehabilitering av vann- og avløpsrør samt andre tjenester relatert til dette.
Contact
Address
Løkka 33, 3271 Larvik
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Companies in Rørleggerarbeid
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Revenue
NOK millions
0M
7M
15M
22M
30M
0M
2021
10M
2022
26M
2023
EBITDA
NOK millions
0M
1M
2M
3M
5M
0M
2021
1M
2022
4M
2023
Income statement
NOK thousands
Item
2021
2022
2023
Revenue
0
9 606
25 615
Staff expenses
−0
−4 124
−10 223
EBITDA
−56
1 471
4 106
Depreciation & amort.
−13
−388
−910
EBIT
−69
1 083
3 197
Net financials
−6
−108
−289
Profit before tax
−76
975
2 908
Tax
−0
198
642
Net profit
−76
776
2 266
Balance sheet
NOK thousands
Item
2021
2022
2023
Total assets
2 321
5 524
10 820
Equity
−51
725
992
Long-term debt
1 499
2 780
3 210
Short-term debt
873
2 019
6 619
Total debt
2 372
4 799
9 828
Financial ratios
5-year trend
EBITDA margin
16.0%
This company
15.8%
Market median
+1% vs market
2021
2023
Equity ratio
9.2%
This company
38.2%
Market median
-76% vs market
2021
2023
Return on equity
228.6%
This company
18.4%
Market median
+1142% vs market
2021
2023
Net profit margin
8.8%
This company
8.1%
Market median
+9% vs market
2021
2023
Asset turnover
2.37×
This company
1.12×
Market median
+112% vs market
2021
2023
Debt / equity
9.91×
This company
0.62×
Market median
-1498% vs market
2021
2023
Annual reports & filings
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 2021-11-21 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
DJ
Daniel Johannessen Svendsen
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
51%
51%
2022
Øyvind Tangen
Individual
19%
19%
2022
Raymond Paulsen
Individual
18%
18%
2022
Krister Andersen
Individual
12%
12%
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
No registered parent or subsidiaries
Board network connections
Board members of VESTFOLD RØRFORNYING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Daniel Johannessen Svendsen
Chief Executive Officer
0 companies