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Veo AS
AS
Active
Org 990726833
Rolfsbuktveien 4B, 1364
Fornebu
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2007 · 19 years old
9 employees
www.veo.no
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Norway
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Companies
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Engineering activities and related technical consultancy
/
Veo AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
286M
215M
143M
72M
0M
2021: 160M
160M
2021
2022: 126M (-21% vs 2021)
126M
-21%
2022
2023: 230M (+83% vs 2022)
230M
+83%
2023
2024: 199M (-13% vs 2023)
199M
-13%
2024
2025: 128M (-36% vs 2024)
128M
-36%
2025
EBITDA
NOK millions
6M
5M
3M
2M
0M
2021: 3M
3M
2021
2022: 3M (0% vs 2021)
3M
0%
2022
2023: 5M (+67% vs 2022)
5M
+67%
2023
2024: 5M (0% vs 2023)
5M
0%
2024
2025: 2M (-60% vs 2024)
2M
-60%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
128 255
199 086
230 435
126 469
159 827
Staff expenses
−4 754
−3 554
−2 307
−3 730
−3 755
EBITDA
2 050
4 593
5 323
2 576
3 265
Depreciation & amort.
−5
−18
−29
−68
−68
EBIT
2 045
4 575
5 294
2 508
3 197
Net financials
−77
430
4 546
2 749
−1 288
Profit before tax
1 968
5 005
9 840
5 257
1 909
Tax
434
1 103
2 184
1 160
422
Net profit
1 534
3 902
7 656
4 096
1 487
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
88 933
97 827
87 316
85 160
81 662
Equity
19 988
18 454
20 552
12 895
8 799
Long-term debt
5 794
5 360
4 257
2 073
4 825
Short-term debt
63 151
74 013
62 507
70 191
68 038
Total debt
68 945
79 373
66 764
72 265
72 863
Financial ratios
5-year trend
EBITDA margin
1,6 %
This company
15,8 %
Market median
This company
Market median
90% below market
2021
2025
Equity ratio
22,5 %
This company
38,2 %
Market median
This company
Market median
41% below market
2021
2025
Return on equity
7,7 %
This company
18,4 %
Market median
This company
Market median
58% below market
2021
2025
Net profit margin
1,2 %
This company
8,1 %
Market median
This company
Market median
85% below market
2021
2025
Asset turnover
1,44×
This company
1,12×
Market median
This company
Market median
29% above market
2021
2025
Debt / equity
3,45×
This company
0,62×
Market median
This company
Market median
456% 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 Veo AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network