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VARGAS AS
AS
Active
Org 979804040
Håkerudvegen 351, 2224 Austmarka
Site preparation · NACE 4312
Est. 1998
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 600K
-67% vs 2023
EBITDA margin
24.0%
-85% vs 2023
Equity ratio
70.7%
Financial strength
Net profit 2024
NOK -314K
+89% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
2M
2020
4M
+100%
2021
1M
-75%
2022
1M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 600K
-67%
EBITDA
NOK 144K
-85%
Net profit
NOK -314K
+89%
Total assets
NOK 14,3M
-4%
Equity
NOK 10,1M
-3%
Employees
0
—
Company information
Legal name
VARGAS AS
Org number
979804040
Legal form
Aksjeselskap
NACE code
4312 · Site preparation
Founded
15. april 1998
Share capital
NOK 416 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene eller styrets leder alene.
Company purpose
Å eie, å lease, og leie ut maskiner til entreprenørvirksomhet, eie fast eiendom, og alt som naturlig står i forbindelse med dette.
Contact
Address
Håkerudvegen 351, 2224 Austmarka
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 Site preparation
Companies in Kongsvinger
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
3M
2020
5M
2021
1M
2022
2M
2023
1M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
2M
2020
4M
2021
1M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 070
4 522
1 168
1 836
600
Staff expenses
−0
−0
−0
−0
−0
EBITDA
2 436
3 966
810
958
144
Depreciation & amort.
−521
−407
−407
−726
−649
EBIT
1 915
3 559
403
232
−505
Net financials
4 092
2 079
−60
−3 025
66
Profit before tax
6 007
5 638
343
−2 793
−439
Tax
314
778
82
45
−125
Net profit
5 693
4 859
261
−2 839
−314
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
10 407
15 934
16 384
14 855
14 280
Equity
8 107
12 966
13 227
10 405
10 091
Long-term debt
1 976
1 392
769
1 414
1 158
Short-term debt
324
1 575
2 388
3 036
3 031
Total debt
2 300
2 968
3 157
4 450
4 189
Financial ratios
5-year trend
EBITDA margin
24.0%
This company
15.8%
Market median
+52% vs market
2020
2024
Equity ratio
70.7%
This company
38.2%
Market median
+85% vs market
2020
2024
Return on equity
-3.1%
This company
18.4%
Market median
-117% vs market
2020
2024
Net profit margin
-52.3%
This company
8.1%
Market median
-746% vs market
2020
2024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
0.42×
This company
0.62×
Market median
+32% 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
Name
Role
Member since
Current (1)
OØ
Odd-Finn Østgård
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TK
Tove Kanten
Chairman
2018
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
VARGAS AS
(this company)
DONUT HOUSE INNLANDET AS
MATEC ØST AS
Board network connections
Board members of VARGAS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Odd-Finn Østgård
Chief Executive Officer
0 companies
Tove Kanten
Chairman
0 companies