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VALAR BYGG AS
AS
Active
Org 929513754
Nittedalsgata 50, 2000 Lillestrøm
Joinery installation · NACE 4332
Est. 2022
10 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 26,5M
+57% vs 2023
EBITDA margin
3.0%
-50% vs 2023
Equity ratio
3.1%
Financial strength
Net profit 2024
NOK 452K
-61% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2022
2M
+200%
2023
1M
-50%
2024
Key figures
Annual report 2024
Revenue
NOK 26,5M
+57%
EBITDA
NOK 793K
-50%
Net profit
NOK 452K
-61%
Total assets
NOK 3,8M
-27%
Equity
NOK 117K
+135%
Employees
10
—
Company information
Legal name
VALAR BYGG AS
Org number
929513754
Legal form
Aksjeselskap
NACE code
4332 · Joinery installation
Founded
20. juli 2022
Share capital
NOK 30 000
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Snekkerarbeid.
Contact
Address
Nittedalsgata 50, 2000 Lillestrøm
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Companies in Joinery installation
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Revenue
NOK millions
0M
7M
15M
22M
30M
0M
2022
17M
2023
26M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2022
2M
2023
1M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
0
16 870
26 464
Staff expenses
−0
−12 035
−12 796
EBITDA
−18
1 595
793
Depreciation & amort.
−0
−2
−22
EBIT
−18
1 593
771
Net financials
0
−38
−36
Profit before tax
−18
1 554
735
Tax
−0
397
282
Net profit
−18
1 157
452
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
32
5 200
3 807
Equity
2
−336
117
Long-term debt
0
3
1
Short-term debt
30
5 533
3 689
Total debt
30
5 536
3 690
Financial ratios
5-year trend
EBITDA margin
3.0%
This company
15.8%
Market median
-81% vs market
2022
2024
Equity ratio
3.1%
This company
38.2%
Market median
-92% vs market
2022
2024
Return on equity
387.1%
This company
18.4%
Market median
+2004% vs market
2022
2024
Net profit margin
1.7%
This company
8.1%
Market median
-79% vs market
2022
2024
Asset turnover
6.95×
This company
1.12×
Market median
+521% vs market
2022
2024
Debt / equity
31.58×
This company
0.62×
Market median
-4994% vs market
2022
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
GU
Gintautas Uscinas
Chief Executive Officer
Chief Executive Officer
2023
Former (1)
IU
Inga Usciniene
Chief Executive Officer
Chief Executive Officer
2022 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
VU
Valdas Uscinas
Chairman
2025
Former (1)
DM
Diana Muscat
Chairman
2022 – 2022
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of VALAR BYGG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gintautas Uscinas
Chief Executive Officer
0 companies
Inga Usciniene
Chief Executive Officer
0 companies
Valdas Uscinas
Chairman
0 companies
Diana Muscat
Chairman
0 companies