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VANGEN AS
AS
Active
Org 973051636
Martin Linges Vei 25, 1364 Fornebu
Retail sale of other new goods · NACE 4778
Est. 1995
0 employees
www.elbe.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 0
EBITDA margin
—
Equity ratio
100.0%
Financial strength
Net profit 2025
NOK -540
-29% vs 2024
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 0
—
EBITDA
NOK -540
—
Net profit
NOK -540
-29%
Total assets
NOK 27K
-2%
Equity
NOK 27K
-2%
Employees
0
—
Company information
Legal name
VANGEN AS
Org number
973051636
Legal form
Aksjeselskap
NACE code
4778 · Retail sale of other new goods
Founded
9. januar 1995
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Contact
Address
Martin Linges Vei 25, 1364 Fornebu
Website
www.elbe.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Retail sale of other new goods
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
0
0
0
0
0
Staff expenses
−0
−0
−0
−0
−0
EBITDA
0
0
0
0
−1
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
0
0
0
0
−1
Net financials
−0
0
−1
−0
0
Profit before tax
−0
0
−1
−0
−1
Tax
−0
−0
−0
−0
−0
Net profit
−0
0
−1
−0
−1
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
29
29
28
28
27
Equity
29
29
28
28
27
Long-term debt
0
0
0
0
0
Short-term debt
0
0
0
0
0
Total debt
0
0
0
0
0
Financial ratios
5-year trend
EBITDA margin
-54000.0%
This company
15.8%
Market median
-341872% vs market
2021
2025
Equity ratio
100.0%
This company
38.2%
Market median
+162% vs market
2021
2025
Return on equity
-2.0%
This company
18.4%
Market median
-111% vs market
2021
2025
Net profit margin
-54000.0%
This company
8.1%
Market median
-666767% vs market
2021
2025
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2021
2025
Debt / equity
0.00×
This company
0.62×
Market median
+100% vs market
2021
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
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
MF
Morten Fredriksen
Chief Executive Officer
Chief Executive Officer
2012 – 2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
EB
Erik Bakke
Board of Directors
2021
OT
Olli Tapani Aho
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Rapala Vmc Norway As
Company
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Rapala Vmc Norway As
VANGEN AS
(this company)
Board network connections
Board members of VANGEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Fredriksen
Chief Executive Officer
0 companies
Erik Bakke
Board of Directors
0 companies
Olli Tapani Aho
Chairman
0 companies