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VÆRÅS BRØNNBORING AS
AS
Active
Org 947586416
Snarumsveien 643, 3370 Vikersund
Construction of utility projects for fluids · NACE 4221
Est. 1988
17 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 59,6M
+9% vs 2023
EBITDA margin
32.8%
+18% vs 2023
Equity ratio
80.2%
Financial strength
Net profit 2024
NOK 8,1M
+6% vs 2023
EBITDA — year on year
NOK millions
25M
19M
13M
6M
0M
9M
2020
10M
+11%
2021
10M
0%
2022
17M
+70%
2023
20M
+18%
2024
Key figures
Annual report 2024
Revenue
NOK 59,6M
+9%
EBITDA
NOK 19,6M
+18%
Net profit
NOK 8,1M
+6%
Total assets
NOK 68,7M
+8%
Equity
NOK 55,1M
+17%
Employees
17
—
Company information
Legal name
VÆRÅS BRØNNBORING AS
Org number
947586416
Legal form
Aksjeselskap
NACE code
4221 · Construction of utility projects for fluids
Founded
1. januar 1988
Share capital
NOK 100 000
Employees
17 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Omsetning av tjenester vedrørende brønnborring og kjøp/salg av varer relatert til dette, samt kjøp/salg av biler og anleggsmaskiner.
Contact
Address
Snarumsveien 643, 3370 Vikersund
Phone
+4791396667
Email
vbboring@live.no
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Companies in Construction of utility projects for fluids
Companies in Modum
All Norway companies
Revenue
NOK millions
0M
17M
35M
52M
69M
31M
2020
36M
2021
43M
2022
54M
2023
60M
2024
EBITDA
NOK millions
0M
6M
12M
17M
23M
9M
2020
10M
2021
10M
2022
17M
2023
20M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
31 188
36 216
42 894
54 420
59 570
Staff expenses
−7 776
−7 912
−9 824
−12 943
−13 656
EBITDA
9 295
9 968
10 430
16 556
19 558
Depreciation & amort.
−4 387
−5 111
−5 563
−7 021
−9 523
EBIT
4 908
4 857
4 866
9 535
10 035
Net financials
125
79
107
308
405
Profit before tax
5 033
4 936
4 973
9 843
10 440
Tax
1 108
1 086
1 094
2 168
2 308
Net profit
3 926
3 850
3 879
7 675
8 132
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
42 780
46 584
57 839
63 445
68 722
Equity
38 045
35 395
39 274
46 948
55 081
Long-term debt
0
0
184
109
269
Short-term debt
4 735
11 189
18 381
16 387
13 372
Total debt
4 735
11 189
18 565
16 496
13 641
Financial ratios
5-year trend
EBITDA margin
32.8%
This company
15.8%
Market median
+108% vs market
2020
2024
Equity ratio
80.2%
This company
38.2%
Market median
+110% vs market
2020
2024
Return on equity
14.8%
This company
18.4%
Market median
+20% vs market
2020
2024
Net profit margin
13.7%
This company
8.1%
Market median
+69% vs market
2020
2024
Asset turnover
0.87×
This company
1.12×
Market median
+22% vs market
2020
2024
Debt / equity
0.25×
This company
0.62×
Market median
+60% vs market
2020
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 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DE
Daniel Ellingsen Værås
Chairman
2024
Former (1)
KE
Kristin Ellingsen
Chairman
2013 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
David Ellingsen Værås
Individual
24%
24%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of VÆRÅS BRØNNBORING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Daniel Ellingsen Værås
Chairman
0 companies
Kristin Ellingsen
Chairman
0 companies