Riskpilot← Back to searchSign inGet full accessWALDELAND & VARHAUG AS
ASActiveOrg 979924313Bjorhaugslettå 24, 4365 NærbøMasonry and bricklaying activities · NACE 4391Est. 199848 employees
Revenue 2024
NOK 78,8M
+12% vs 2023
EBITDA margin
8.1%
-11% vs 2023
Equity ratio
25.6%
Financial strength
Net profit 2024
NOK 4,9M
-16% vs 2023
| Revenue | NOK 78,8M | +12% |
| EBITDA | NOK 6,4M | -11% |
| Net profit | NOK 4,9M | -16% |
| Total assets | NOK 24,8M | -23% |
| Equity | NOK 6,4M | -6% |
| Employees | 48 | — |
Legal name
WALDELAND & VARHAUG AS
Org number
979924313
Legal form
Aksjeselskap
NACE code
4391 · Masonry and bricklaying activities
Founded
1. januar 1998
Share capital
NOK 100 000
Employees
48 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Bjorhaugslettå 24, 4365 Nærbø
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 38 552 | 48 321 | 57 554 | 70 322 | 78 778 |
| Staff expenses | −16 565 | −17 325 | −18 153 | −21 764 | −21 056 |
| EBITDA | 3 194 | 5 517 | 7 534 | 7 140 | 6 356 |
| Depreciation & amort. | −88 | −98 | −18 | −38 | −205 |
| EBIT | 3 106 | 5 419 | 7 516 | 7 103 | 6 151 |
| Net financials | −162 | 167 | −59 | 388 | 172 |
| Profit before tax | 2 944 | 5 585 | 7 457 | 7 491 | 6 323 |
| Tax | 668 | 1 194 | 1 694 | 1 646 | 1 392 |
| Net profit | 2 276 | 4 392 | 5 764 | 5 845 | 4 931 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 20 636 | 23 340 | 23 884 | 32 160 | 24 840 |
| Equity | 4 754 | 5 146 | 10 909 | 6 755 | 6 360 |
| Long-term debt | 183 | 1 148 | 1 218 | 1 659 | 2 451 |
| Short-term debt | 15 699 | 17 046 | 11 756 | 23 747 | 16 029 |
| Total debt | 15 881 | 18 194 | 12 974 | 25 406 | 18 480 |
EBITDA margin
8.1%
This company
15.8%
Market median
-49% vs market
20202024
Equity ratio
25.6%
This company
38.2%
Market median
-33% vs market
20202024
Return on equity
77.5%
This company
18.4%
Market median
+321% vs market
20202024
Net profit margin
6.3%
This company
8.1%
Market median
-22% vs market
20202024
Asset turnover
3.17×
This company
1.12×
Market median
+183% vs market
20202024
Debt / equity
2.91×
This company
0.62×
Market median
-369% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AV Chief Executive Officer | Chief Executive Officer | 2003 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2024 | |
| Board of Directors | 2024 | |
| Chairman | 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 | |
| Company | 50% | 50% | 2023 | |
| Company | 50% | 50% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
A. Kverneland Holding As
WALDELAND & VARHAUG AS Board members of WALDELAND & VARHAUG AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Arve Varhaug | Chief Executive Officer | 0 companies |
| Ernst Ove Waldeland | Board of Directors | 0 companies |
| Mads Kverneland | Board of Directors | 0 companies |
| Johannes Helland | Chairman | 0 companies |