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UNION VVS AS
AS
Active
Org 930755869
Fossegrenda 24, 7038 Trondheim
Rørleggerarbeid · NACE 43221
Est. 2023
8 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 10,2M
+283% vs 2023
EBITDA margin
2.8%
+364% vs 2023
Equity ratio
5.7%
Financial strength
Net profit 2024
NOK 149K
+613% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 10,2M
+283%
EBITDA
NOK 290K
+364%
Net profit
NOK 149K
+613%
Total assets
NOK 3,4M
+193%
Equity
NOK 194K
+328%
Employees
8
—
Company information
Legal name
UNION VVS AS
Org number
930755869
Legal form
Aksjeselskap
NACE code
43221 · Rørleggerarbeid
Founded
2. februar 2023
Share capital
NOK 30 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Rørleggerbedrift. Salg av varer og tjenester tilknyttet rørleggerfaget.
Contact
Address
Fossegrenda 24, 7038 Trondheim
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Revenue
NOK millions
0M
3M
6M
9M
12M
3M
2023
10M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
2 660
10 198
Staff expenses
−986
−4 465
EBITDA
62
290
Depreciation & amort.
−24
−69
EBIT
38
221
Net financials
−13
−27
Profit before tax
26
194
Tax
5
45
Net profit
21
149
Balance sheet
NOK thousands
Item
2023
2024
Total assets
1 169
3 429
Equity
45
194
Long-term debt
467
504
Short-term debt
656
2 731
Total debt
1 124
3 235
Financial ratios
5-year trend
EBITDA margin
2.8%
This company
15.8%
Market median
-82% vs market
2023
2024
Equity ratio
5.7%
This company
38.2%
Market median
-85% vs market
2023
2024
Return on equity
76.7%
This company
18.4%
Market median
+317% vs market
2023
2024
Net profit margin
1.5%
This company
8.1%
Market median
-81% vs market
2023
2024
Asset turnover
2.97×
This company
1.12×
Market median
+165% vs market
2023
2024
Debt / equity
16.67×
This company
0.62×
Market median
-2589% vs market
2023
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 2022-12-30 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
FF
Fridtjof Faaness
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Former (1)
PJ
Paal Johansen
Board of Directors
2024 – 2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Faaness Holding As
Company
60%
60%
2024
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Company hierarchy
Faaness Holding As
UNION VVS AS
(this company)
Board network connections
Board members of UNION VVS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Fridtjof Faaness
Chief Executive Officer
0 companies
Paal Johansen
Board of Directors
0 companies