Riskpilot← Back to searchSign inGet full accessVARDAR AS
ASActiveOrg 977028442Øvre Eikervei 14, 3048 DrammenSteam and air conditioning supply · NACE 3530Est. 19967 employees
Revenue 2024
NOK 245,8M
-73% vs 2023
EBITDA margin
86.2%
-76% vs 2023
Equity ratio
79.0%
Financial strength
Net profit 2024
NOK 157M
-80% vs 2023
| Revenue | NOK 245,8M | -73% |
| EBITDA | NOK 211,9M | -76% |
| Net profit | NOK 157M | -80% |
| Total assets | NOK 9,1B | -2% |
| Equity | NOK 7,2B | -2% |
| Employees | 7 | — |
Legal name
VARDAR AS
Org number
977028442
Legal form
Aksjeselskap
NACE code
3530 · Steam and air conditioning supply
Founded
12. desember 1996
Share capital
NOK 265 872 680
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller daglig leder og styrets leder i fellesskap.
Company purpose
Å investere i virksomheter innen kraftbransjen og i beslektede og utfyllende virksomheter. Å investere i andre selskaper for å bidra til utvikling og kompetanseoppbygging innen alternativ energi. Produksjon av elektrisk energi.
Address
Øvre Eikervei 14, 3048 Drammen
Phone
+4731093109
Email
firmapost@vardar.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 128 283 | 30 061 | 204 187 | 196 648 | 906 037 | 245 641 | 123 187 | 244 634 | 4 604 823 | 907 393 | 245 822 |
| Staff expenses | −12 158 | −11 444 | −9 697 | −11 847 | −16 806 | −12 776 | −12 728 | −13 054 | −13 932 | −18 779 | −23 140 |
| EBITDA | 108 920 | −49 437 | 303 756 | 101 738 | 888 830 | 227 717 | 105 697 | 224 872 | 4 574 999 | 881 729 | 211 944 |
| Depreciation & amort. | −34 | −17 | −137 | −216 | −216 | −433 | −548 | −556 | −562 | −723 | −768 |
| EBIT | 108 886 | −49 454 | 303 619 | 101 522 | 888 614 | 227 284 | 105 149 | 224 316 | 4 574 437 | 881 006 | 211 176 |
| Net financials | −4 384 | −80 556 | −126 478 | −96 440 | −114 788 | −64 474 | −67 069 | −31 111 | −35 394 | −126 200 | −74 029 |
| Profit before tax | 104 502 | −130 010 | 177 141 | 5 082 | 773 826 | 162 810 | 38 080 | 193 205 | 4 539 043 | 754 806 | 137 147 |
| Tax | −22 395 | −25 449 | 5 425 | −34 094 | 6 972 | −10 182 | −11 919 | 12 265 | −4 632 | −29 326 | −19 875 |
| Net profit | 126 897 | −104 561 | 171 716 | 109 208 | 655 772 | 291 989 | 57 796 | −25 012 | 4 543 675 | 784 132 | 157 022 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 4 211 902 | 4 259 280 | 4 720 448 | 4 795 614 | 3 983 000 | 3 703 943 | 3 476 094 | 3 433 020 | 8 421 519 | 9 238 816 | 9 063 441 |
| Equity | 1 569 643 | 1 463 145 | 1 575 558 | 1 674 466 | 2 293 944 | 1 845 553 | 1 843 349 | 1 788 338 | 6 547 317 | 7 292 729 | 7 159 796 |
| Long-term debt | 2 462 500 | 2 483 500 | 2 388 019 | 2 817 759 | 1 262 663 | 1 420 820 | 1 508 384 | 1 068 759 | 1 353 770 | 1 368 630 | 1 159 530 |
| Short-term debt | 168 971 | 299 786 | 737 891 | 149 185 | 390 297 | 399 713 | 79 008 | 522 394 | 470 501 | 513 265 | 688 441 |
| Total debt | 2 631 471 | 2 783 286 | 3 125 910 | 2 966 944 | 1 652 960 | 1 820 533 | 1 587 392 | 1 591 153 | 1 824 271 | 1 881 895 | 1 847 971 |
EBITDA margin
86.2%
This company
15.8%
Market median
+446% vs market
20142024
Equity ratio
79.0%
This company
38.2%
Market median
+107% vs market
20142024
Return on equity
2.2%
This company
18.4%
Market median
-88% vs market
20142024
Net profit margin
63.9%
This company
8.1%
Market median
+689% vs market
20142024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
20142024
Debt / equity
0.27×
This company
0.62×
Market median
+56% vs market
20142024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
RO Chief Executive Officer | Chief Executive Officer | 2019 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Deputy Chairman | 2021 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Drammen Kommune | Company | 26.1% | 26.1% | 2024 |
Asker Kommune | Company | 14.1% | 14.1% | 2024 |
Lier Kommune | Company | 13.1% | 13.1% | 2024 |
Kongsberg Kommune | Company | 12.1% | 12.1% | 2024 |
Ringerike Kommune | Company | 11.7% | 11.7% | 2024 |
Øvre Eiker Kommune | Company | 8.1% | 8.1% | 2024 |
Modum Kommune | Company | 3.5% | 3.5% | 2024 |
Sigdal Kommune | Company | 2.3% | 2.3% | 2024 |
Hole Kommune | Company | 1.9% | 1.9% | 2024 |
Flesberg Kommune | Company | 1.1% | 1.1% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Lier Kommune
VARDAR AS Board members of VARDAR AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Robert Olsen | Chief Executive Officer | 0 companies |
| Johnny Skoglund | Board of Directors | 0 companies |
| Ingvild Ragna Myhre | Deputy Chairman | 0 companies |
| Roar Flaathen | Chairman | 0 companies |
| Knut Oscar Fleten | Board of Directors | 0 companies |
| Kristin Ourom | Board of Directors | 0 companies |