Riskpilot← Back to searchSign inGet full accessVARNER AS
ASActiveOrg 979490674Nesøyveien 4, 1396 BillingstadRetail sale of clothing · NACE 4771Est. 1997412 employees
Revenue 2024
NOK 823,2M
-2% vs 2023
EBITDA margin
11.6%
+1% vs 2023
Equity ratio
95.2%
Financial strength
Net profit 2024
NOK 25,3M
-8% vs 2023
| Revenue | NOK 823,2M | -2% |
| EBITDA | NOK 95,6M | +1% |
| Net profit | NOK 25,3M | -8% |
| Total assets | NOK 4,4B | +0% |
| Equity | NOK 4,2B | +0% |
| Employees | 412 | — |
Legal name
VARNER AS
Org number
979490674
Legal form
Aksjeselskap
NACE code
4771 · Retail sale of clothing
Founded
9. desember 1997
Share capital
NOK 700 000 000
Employees
412 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Olav tenden wentworth
Address
Nesøyveien 4, 1396 Billingstad
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 | 193 433 | 226 517 | 298 806 | 299 192 | 358 483 | 781 821 | 767 116 | 691 091 | 719 324 | 836 930 | 823 204 |
| Staff expenses | −104 565 | −111 641 | −128 497 | −122 974 | −130 345 | −407 936 | −416 637 | −400 845 | −403 090 | −488 542 | −494 999 |
| EBITDA | 28 578 | 31 287 | 63 121 | 63 206 | 66 733 | 109 339 | 160 338 | 75 428 | 82 482 | 94 189 | 95 567 |
| Depreciation & amort. | −27 214 | −29 842 | −45 290 | −47 835 | −50 617 | −76 933 | −130 646 | −47 843 | −52 597 | −57 932 | −65 077 |
| EBIT | 1 364 | 1 445 | 17 831 | 15 371 | 16 117 | 32 405 | 29 692 | 27 585 | 29 885 | 36 256 | 30 490 |
| Net financials | 20 027 | 270 470 | 40 499 | −319 687 | −296 205 | −124 238 | −102 346 | 198 190 | 150 | −303 | 780 |
| Profit before tax | 21 391 | 271 916 | 58 330 | −304 316 | −280 088 | −91 833 | −72 654 | 225 775 | 30 035 | 35 954 | 31 270 |
| Tax | 20 223 | 83 029 | 41 357 | 12 748 | 6 356 | 3 725 | 8 244 | 14 030 | 7 929 | 8 535 | 5 945 |
| Net profit | 1 167 | 188 886 | 16 973 | −317 064 | −286 444 | −95 558 | −80 898 | 211 745 | 22 106 | 27 419 | 25 325 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 3 350 685 | 3 820 677 | 3 796 807 | 3 445 435 | 3 348 298 | 3 300 429 | 3 190 768 | 2 989 192 | 2 957 306 | 4 407 353 | 4 398 638 |
| Equity | 3 252 742 | 3 441 628 | 3 458 601 | 3 141 537 | 2 855 093 | 2 759 535 | 2 639 637 | 2 760 182 | 2 755 768 | 4 183 187 | 4 189 012 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 4 865 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 94 496 | 375 933 | 335 238 | 294 926 | 482 378 | 536 029 | 551 131 | 227 185 | 199 115 | 220 027 | 205 972 |
| Total debt | 0 | 375 933 | 335 238 | 303 898 | 493 205 | 540 894 | 551 131 | 227 185 | 199 115 | 220 027 | 205 972 |
EBITDA margin
11.6%
This company
15.8%
Market median
-27% vs market
20142024
Equity ratio
95.2%
This company
38.2%
Market median
+149% vs market
20142024
Return on equity
0.6%
This company
18.4%
Market median
-97% vs market
20142024
Net profit margin
3.1%
This company
8.1%
Market median
-62% vs market
20142024
Asset turnover
0.19×
This company
1.12×
Market median
-83% vs market
20142024
Debt / equity
0.05×
This company
0.62×
Market median
+92% 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 |
|---|---|---|---|---|
SM Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2018 | — | — | |
| Chairman | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Varner Holding As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Petvar Holding As
VARNER AS Board members of VARNER AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Stein Marius Varner | Chief Executive Officer | 0 companies |
| Joakim Varner | Board of Directors | 0 companies |
| Petter Varner | Chairman | 0 companies |