Riskpilot← Back to searchSign inGet full accessVETLESTIEN AS
ASActiveOrg 985418942Hardangerfjordvegen 242, 5600 NorheimsundBuying and selling of own real estate · NACE 6811Est. 20030 employees
Revenue 2024
NOK 3,1M
+72% vs 2023
EBITDA margin
90.4%
+64% vs 2023
Equity ratio
16.3%
Financial strength
Net profit 2024
NOK 543K
-33% vs 2023
| Revenue | NOK 3,1M | +72% |
| EBITDA | NOK 2,8M | +64% |
| Net profit | NOK 543K | -33% |
| Total assets | NOK 31M | +29% |
| Equity | NOK 5,1M | +47% |
| Employees | 0 | — |
Legal name
VETLESTIEN AS
Org number
985418942
Legal form
Aksjeselskap
NACE code
6811 · Buying and selling of own real estate
Founded
24. februar 2003
Share capital
NOK 1 005 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Å driva kjøp, utvikling og sal av eigedom og alt som står i samband med dette.
Address
Hardangerfjordvegen 242, 5600 Norheimsund
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| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 198 | 0 | 35 | 0 | 200 | 45 | 215 | 55 | 317 | 277 | 2 | 54 | 754 | 1 805 | 3 097 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 68 | −17 | −14 | −22 | 176 | −122 | 188 | 31 | 287 | −22 | −125 | −29 | 664 | 1 704 | 2 799 |
| Depreciation & amort. | −57 | −6 | −0 | −1 | −4 | −4 | −4 | −4 | −3 | −0 | −0 | −0 | −0 | −0 | −654 |
| EBIT | 11 | −23 | −14 | −23 | 172 | −126 | 185 | 27 | 284 | −22 | −125 | −29 | 664 | 1 704 | 2 146 |
| Net financials | 4 | 0 | 0 | 0 | 0 | −0 | 1 | 2 | 6 | 1 068 | −147 | −169 | −148 | −888 | −1 414 |
| Profit before tax | 15 | −23 | −13 | −23 | 172 | −126 | 186 | 28 | 290 | 1 047 | −272 | −198 | 516 | 817 | 732 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | 38 | 6 | 66 | −0 | −0 | −0 | −0 | −0 | 188 |
| Net profit | 15 | −23 | −13 | −23 | 172 | −126 | 148 | 22 | 224 | 1 047 | −272 | −198 | 516 | 817 | 543 |
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 451 | 378 | 346 | 325 | 1 075 | 1 981 | 2 203 | 2 168 | 3 279 | 6 787 | 6 108 | 5 479 | 7 554 | 24 065 | 30 994 |
| Equity | 382 | 359 | 346 | 323 | 1 027 | 1 973 | 2 121 | 2 144 | 2 368 | −2 001 | −2 273 | 713 | 2 544 | 3 445 | 5 057 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 364 | 5 053 | 4 737 | 2 904 | 17 175 | 23 688 |
| Short-term debt | 69 | 19 | 0 | 2 | 49 | 8 | 81 | 25 | 911 | 3 424 | 3 329 | 29 | 2 106 | 3 445 | 2 248 |
| Total debt | 69 | 19 | 0 | 2 | 49 | 8 | 81 | 25 | 911 | 8 788 | 8 382 | 4 767 | 5 010 | 20 620 | 25 937 |
EBITDA margin
90.4%
This company
15.8%
Market median
+472% vs market
20102024
Equity ratio
16.3%
This company
38.2%
Market median
-57% vs market
20102024
Return on equity
10.7%
This company
18.4%
Market median
+42% vs market
20102024
Net profit margin
17.5%
This company
8.1%
Market median
+116% vs market
20102024
Asset turnover
0.10×
This company
1.12×
Market median
-91% vs market
20102024
Debt / equity
5.13×
This company
0.62×
Market median
-727% vs market
20102024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
MI Chief Executive Officer | Chief Executive Officer | 2017 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2017 | — | — | |
| Chairman | 2017 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Jarle Tveiten 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.
Jarle Tveiten As
VETLESTIEN AS Board members of VETLESTIEN AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| May Irene Ugletveit | Chief Executive Officer | 0 companies |
| Stein Ove Tveiten | Board of Directors | 0 companies |
| Jarle Tveiten | Chairman | 0 companies |