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VASSØY HOLDING AS
AS
Active
Org 987987650
Kilgata 15D, 3217 Sandefjord
Real estate activities with own property and development of building projects · NACE 6810
Est. 2005
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 8,2M
+208% vs 2022
EBITDA margin
-43.5%
-340% vs 2022
Equity ratio
51.0%
Financial strength
Net profit 2023
NOK -7,9M
-1570% vs 2022
EBITDA — year on year
NOK millions
15M
10M
5M
0M
-5M
12M
2019
1M
-92%
2020
5M
+400%
2021
1M
-80%
2022
-4M
-500%
2023
Key figures
Annual report 2023
Revenue
NOK 8,2M
+208%
EBITDA
NOK -3,6M
-340%
Net profit
NOK -7,9M
-1570%
Total assets
NOK 48,5M
-30%
Equity
NOK 24,8M
-34%
Employees
0
—
Company information
Legal name
VASSØY HOLDING AS
Org number
987987650
Legal form
Aksjeselskap
NACE code
6810 · Real estate activities with own property and development of building projects
Founded
14. mars 2005
Share capital
NOK 10 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Kjøp og salg av eiendom og aksjer m.v., samt deltakelse i virksomhet med samme formål.
Contact
Address
Kilgata 15D, 3217 Sandefjord
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Explore
Companies in Real estate activities with own property and development of building projects
Companies in Sandefjord
All Norway companies
Revenue
NOK millions
0M
3M
7M
10M
14M
12M
2019
3M
2020
7M
2021
3M
2022
8M
2023
EBITDA
NOK millions
0M
3M
7M
10M
14M
12M
2019
1M
2020
5M
2021
1M
2022
-4M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
12 295
2 741
6 819
2 666
8 215
Staff expenses
−93
−397
−18
−19
−120
EBITDA
11 908
1 119
4 850
1 492
−3 575
Depreciation & amort.
−16
−196
−1 011
−1 091
−2 537
EBIT
11 893
923
3 839
401
−6 112
Net financials
68
397
−32
287
−1 034
Profit before tax
11 961
1 320
3 807
688
−7 146
Tax
10
317
827
151
739
Net profit
11 951
1 003
2 980
537
−7 885
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
39 640
46 161
48 174
68 898
48 526
Equity
23 105
33 991
36 971
37 507
24 757
Long-term debt
16 500
9 914
9 471
26 428
18 928
Short-term debt
35
2 256
1 732
4 963
4 842
Total debt
16 535
12 170
11 203
31 391
23 769
Financial ratios
5-year trend
EBITDA margin
-43.5%
This company
15.8%
Market median
-375% vs market
2019
2023
Equity ratio
51.0%
This company
38.2%
Market median
+34% vs market
2019
2023
Return on equity
-31.8%
This company
18.4%
Market median
-273% vs market
2019
2023
Net profit margin
-96.0%
This company
8.1%
Market median
-1285% vs market
2019
2023
Asset turnover
0.17×
This company
1.12×
Market median
-85% vs market
2019
2023
Debt / equity
0.96×
This company
0.62×
Market median
+55% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
AØ
Anders Ødegaard
Chairman
2020
JH
Johan Holtan Vassøy
Board of Directors
2020
JV
Jan-Ove Vassøy
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vassøy Holding As
Company
100%
100%
2023
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Company hierarchy
Vassøy Holding As
VASSØY HOLDING AS
(this company)
Board network connections
Board members of VASSØY HOLDING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Anders Ødegaard
Chairman
0 companies
Johan Holtan Vassøy
Board of Directors
0 companies
Jan-Ove Vassøy
Board of Directors
0 companies