Riskpilot← Back to searchSign inGet full accessVARD DESIGN AS
ASActiveOrg 982710162Skansekaia 2, 6002 ÅlesundEngineering activities and related technical consultancy · NACE 7112Est. 200043 employees
Revenue 2024
NOK 81,4M
+36% vs 2023
EBITDA margin
7.0%
+420% vs 2023
Equity ratio
30.4%
Financial strength
Net profit 2024
NOK 4,7M
+223% vs 2023
| Revenue | NOK 81,4M | +36% |
| EBITDA | NOK 5,7M | +420% |
| Net profit | NOK 4,7M | +223% |
| Total assets | NOK 48,6M | +7% |
| Equity | NOK 14,8M | +46% |
| Employees | 43 | — |
Legal name
VARD DESIGN AS
Org number
982710162
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
5. desember 2000
Share capital
NOK 4 000 000
Employees
43 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. To styremedlemmer i fellesskap.
Company purpose
Markeds-, prosjektutvikling og prosjektering av skip, samt å kunne foreta investeringer i andre foretak med tilsvarende eller lignende virksomhet.
Address
Skansekaia 2, 6002 Ålesund
Phone
+4770210600
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 61 571 | 53 836 | 78 438 | 111 500 | 85 341 | 92 821 | 116 785 | 54 503 | 142 070 | 168 631 | 191 224 | 128 085 | 112 126 | 54 730 | 47 540 | 59 939 | 81 401 |
| Staff expenses | −15 284 | −17 911 | −21 363 | −29 190 | −32 629 | −40 431 | −45 494 | −48 895 | −53 766 | −76 569 | −84 908 | −80 418 | −44 664 | −31 702 | −41 706 | −45 501 | −50 988 |
| EBITDA | 20 561 | 13 565 | 27 964 | 43 728 | 18 919 | 14 943 | 15 068 | −17 022 | 48 762 | −43 | 17 328 | 3 924 | 12 251 | 6 088 | 1 244 | 1 094 | 5 690 |
| Depreciation & amort. | −1 022 | −710 | −363 | −542 | −494 | −13 250 | −629 | −518 | −506 | −684 | −1 456 | −1 448 | −1 329 | −1 298 | −1 098 | −454 | −376 |
| EBIT | 19 539 | 12 855 | 27 601 | 43 186 | 18 424 | 1 694 | 14 439 | −17 541 | 48 257 | −727 | 15 872 | 2 476 | 10 921 | 4 790 | 145 | 640 | 5 315 |
| Net financials | 40 490 | −536 | −11 | 1 821 | 2 911 | 2 829 | 3 200 | 5 218 | 5 655 | 873 | 37 | 26 | −846 | −1 114 | 894 | 1 162 | 766 |
| Profit before tax | 60 029 | 12 320 | 27 590 | 45 006 | 21 335 | 4 523 | 17 639 | −12 322 | 53 911 | 147 | 15 908 | 2 502 | 10 075 | 3 676 | 1 040 | 1 802 | 6 081 |
| Tax | 5 667 | 3 221 | 7 390 | 12 411 | 5 971 | 955 | 4 721 | −4 415 | 12 648 | −784 | 2 325 | 544 | 2 240 | 3 590 | 275 | 351 | 1 400 |
| Net profit | 54 363 | 9 099 | 20 201 | 32 595 | 15 365 | 3 568 | 12 918 | −7 907 | 41 264 | 931 | 13 584 | 1 959 | 7 835 | 86 | 764 | 1 451 | 4 681 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 145 489 | 128 695 | 159 017 | 175 821 | 192 949 | 210 142 | 267 574 | 225 115 | 165 922 | 139 511 | 124 706 | 93 386 | 94 571 | 85 013 | 40 708 | 45 585 | 48 643 |
| Equity | 91 685 | 100 783 | 115 154 | 148 008 | 154 641 | 154 599 | 186 984 | 172 956 | 70 377 | 62 425 | 31 009 | 32 968 | 40 803 | 29 784 | 11 044 | 10 087 | 14 768 |
| Long-term debt | 17 218 | 20 439 | 5 258 | 0 | 11 265 | 9 796 | 20 366 | 12 763 | 21 130 | 28 808 | 29 873 | 16 380 | 20 555 | 18 199 | 18 009 | 17 681 | 19 080 |
| Short-term debt | 36 587 | 7 473 | 38 605 | 18 989 | 27 043 | 45 748 | 60 224 | 39 396 | 74 415 | 48 278 | 63 824 | 44 038 | 33 213 | 37 030 | 11 655 | 17 817 | 14 794 |
| Total debt | 53 805 | 27 912 | 43 863 | 27 813 | 38 308 | 55 544 | 80 590 | 52 159 | 95 545 | 77 086 | 93 697 | 60 419 | 53 768 | 55 229 | 29 664 | 35 498 | 33 875 |
EBITDA margin
7.0%
This company
15.8%
Market median
-56% vs market
20082024
Equity ratio
30.4%
This company
38.2%
Market median
+20% vs market
20082024
Return on equity
31.7%
This company
18.4%
Market median
+72% vs market
20082024
Net profit margin
5.8%
This company
8.1%
Market median
-28% vs market
20082024
Asset turnover
1.67×
This company
1.12×
Market median
+49% vs market
20082024
Debt / equity
2.29×
This company
0.62×
Market median
-269% vs market
20082024
- 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
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
KM Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2011 | — | — | |
| Board of Directors | 2011 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2011 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Vard Group As | Company | 100.0% | 100.0% | 2023 |
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Vard Group As
VARD DESIGN AS Board members of VARD DESIGN AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kjell Morten Urke | Chief Executive Officer | 0 companies |
| Stig Sandanger Riise | Chairman | 0 companies |
| Magne Olav Bakke | Board of Directors | 0 companies |
| Christian Utvik | Chairman | 0 companies |
| Marianne Blindheim | Board of Directors | 0 companies |
| Magne Håberg | Board of Directors | 0 companies |