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VESTREM AS
AS
Active
Org 928829030
Thorsøveien 104, 1634 Gamle Fredrikstad
Engineering activities and related technical consultancy · NACE 7112
Est. 2022
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 2,2M
+97% vs 2024
EBITDA margin
10.2%
+255% vs 2024
Equity ratio
56.7%
Financial strength
Net profit 2025
NOK 172K
+223% vs 2024
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2022
1M
-50%
2023
0M
-100%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 2,2M
+97%
EBITDA
NOK 219K
+255%
Net profit
NOK 172K
+223%
Total assets
NOK 952K
-24%
Equity
NOK 539K
+47%
Employees
1
—
Company information
Legal name
VESTREM AS
Org number
928829030
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
25. februar 2022
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Arealplanlegging, eiendomsrådgivning og eiendomsutvikling.
Contact
Address
Thorsøveien 104, 1634 Gamle Fredrikstad
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Companies in Engineering activities and related technical consultancy
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All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
3M
2022
3M
2023
1M
2024
2M
2025
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2022
1M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2022
2023
2024
2025
Revenue
3 343
3 066
1 094
2 152
Staff expenses
−749
−1 514
−789
−1 356
EBITDA
1 993
850
−141
219
Depreciation & amort.
−17
−20
−11
−17
EBIT
1 976
830
−153
202
Net financials
1
−2
−3
−0
Profit before tax
1 977
829
−156
202
Tax
435
184
−16
30
Net profit
1 542
645
−140
172
Balance sheet
NOK thousands
Item
2022
2023
2024
2025
Total assets
2 838
1 826
1 244
952
Equity
162
507
367
539
Long-term debt
215
208
192
14
Short-term debt
2 462
1 111
685
399
Total debt
2 677
1 319
877
412
Financial ratios
5-year trend
EBITDA margin
10.2%
This company
15.8%
Market median
-35% vs market
2022
2025
Equity ratio
56.7%
This company
38.2%
Market median
+48% vs market
2022
2025
Return on equity
31.9%
This company
18.4%
Market median
+73% vs market
2022
2025
Net profit margin
8.0%
This company
8.1%
Market median
-1% vs market
2022
2025
Asset turnover
2.26×
This company
1.12×
Market median
+102% vs market
2022
2025
Debt / equity
0.76×
This company
0.62×
Market median
+23% vs market
2022
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KA
Ketil Andreas Sporild Olsen
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vestrem Holding As
Company
100%
100%
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
Vestrem Holding As
VESTREM AS
(this company)
TRONDHEIMSVEIEN 456 AS
Board network connections
Board members of VESTREM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ketil Andreas Sporild Olsen
Chief Executive Officer
0 companies