Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Vestborg VGS AS
AS
Active
Org 988978132
Hevsdalsvegen 11, 6200
Stranda
General secondary education
·
NACE 8531
Est. 2005 · 20 years old
23 employees
www.vestborg.no
Monitor
Share
Norway
/
Companies
/
General secondary education
/
Vestborg VGS AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
29M
21M
14M
7M
0M
2021: 15M
15M
2021
2022: 14M (-7% vs 2021)
14M
-7%
2022
2023: 14M (0% vs 2022)
14M
0%
2023
2024: 19M (+36% vs 2023)
19M
+36%
2024
2025: 23M (+21% vs 2024)
23M
+21%
2025
EBITDA
NOK millions
3M
1M
-2M
-4M
-6M
2021: -2M
-2M
2021
2022: -2M (0% vs 2021)
-2M
0%
2022
2023: -4M (-100% vs 2022)
-4M
-100%
2023
2024: -1M (+75% vs 2023)
-1M
+75%
2024
2025: 1M (+200% vs 2024)
1M
+200%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
23 071
18 521
13 812
14 267
14 575
Staff expenses
−15 767
−14 198
−13 194
−12 310
−12 535
EBITDA
1 455
−945
−3 622
−1 820
−1 775
Depreciation & amort.
−511
−510
−474
−449
−676
EBIT
944
−1 454
−4 096
−2 269
−2 450
Net financials
−270
−368
−368
−81
−29
Profit before tax
675
−1 823
−4 464
−2 350
−2 479
Tax
−0
−0
−0
−0
−0
Net profit
675
−1 823
−4 464
−2 350
−2 479
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
12 438
12 926
12 670
12 278
12 722
Equity
2 067
1 392
−1 785
−322
−1 472
Long-term debt
2 562
2 503
7 447
7 349
10 849
Short-term debt
7 809
9 030
7 009
5 250
3 345
Total debt
10 371
11 533
14 455
12 599
14 194
Financial ratios
5-year trend
EBITDA margin
6,3 %
This company
15,8 %
Market median
This company
Market median
60% below market
2021
2025
Equity ratio
16,6 %
This company
38,2 %
Market median
This company
Market median
57% below market
2021
2025
Return on equity
32,6 %
This company
18,4 %
Market median
This company
Market median
77% above market
2021
2025
Net profit margin
2,9 %
This company
8,1 %
Market median
This company
Market median
64% below market
2021
2025
Asset turnover
1,85×
This company
1,12×
Market median
This company
Market median
65% above market
2021
2025
Debt / equity
5,02×
This company
0,62×
Market median
This company
Market median
710% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Vestborg VGS AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
