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Vedal Utvikling AS
AS
Active
Org 992280743
Vækerøveien 3, 0281
Oslo
Development of building projects
·
NACE 6812
Est. 2008 · 18 years old
8 employees
www.vedal.no
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Norway
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Companies
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Development of building projects
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Vedal Utvikling AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
36M
27M
18M
9M
0M
2021: 17M
17M
2021
2022: 27M (+59% vs 2021)
27M
+59%
2022
2023: 28M (+4% vs 2022)
28M
+4%
2023
2024: 29M (+4% vs 2023)
29M
+4%
2024
2025: 23M (-21% vs 2024)
23M
-21%
2025
EBITDA
NOK millions
0M
-3M
-6M
-9M
-12M
2021: -10M
-10M
2021
2022: -4M (+60% vs 2021)
-4M
+60%
2022
2023: -9M (-125% vs 2022)
-9M
-125%
2023
2024: -4M (+56% vs 2023)
-4M
+56%
2024
2025: -8M (-100% vs 2024)
-8M
-100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
22 716
29 162
28 401
26 903
16 881
Staff expenses
−19 950
−23 102
−26 634
−20 980
−18 526
EBITDA
−7 756
−4 148
−9 222
−4 314
−9 757
Depreciation & amort.
−350
−392
−505
−165
−186
EBIT
−8 106
−4 540
−9 727
−4 479
−9 943
Net financials
107
147
374
325
18
Profit before tax
−7 999
−4 393
−9 353
−4 154
−9 925
Tax
−1 681
−859
−1 980
−818
−2 090
Net profit
−6 318
−3 535
−7 373
−3 336
−7 834
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
20 657
20 235
27 113
28 777
28 795
Equity
5 042
7 980
8 958
14 966
20 556
Long-term debt
0
0
0
0
0
Short-term debt
15 615
12 254
18 156
13 811
8 238
Total debt
15 615
12 254
18 156
13 811
8 238
Financial ratios
5-year trend
EBITDA margin
−34,1 %
This company
15,8 %
Market median
This company
Market median
316% below market
2021
2025
Equity ratio
24,4 %
This company
38,2 %
Market median
This company
Market median
36% below market
2021
2025
Return on equity
−125,3 %
This company
18,4 %
Market median
This company
Market median
781% below market
2021
2025
Net profit margin
−27,8 %
This company
8,1 %
Market median
This company
Market median
443% below market
2021
2025
Asset turnover
1,10×
This company
1,12×
Market median
This company
Market median
2% below market
2021
2025
Debt / equity
3,10×
This company
0,62×
Market median
This company
Market median
400% 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 Vedal Utvikling AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network