Vedvik Rør AS

ASActive

Org 919282908Dalevegen 13, 6993 HøyangerPlumbing, heat and air-conditioning installation· NACE 4322Est. 2017 · 9 years old5 employees

Overview

Vedvik Rør AS is a Norwegian AS based in Høyanger, operating in the Plumbing, heat and air-conditioning installation sector. Incorporated in 2017, the company has 5 employees and reported revenue of NOK 5.2m in its latest annual filing.

Revenue 2025

5.2M NOK

−9% vs 2024

EBITDA margin

7.3 %

+14% vs 2024

Net profit 2025

0.1M NOK

-56% vs 2024

Key ratios

See full ratios →

16.5 %

Weak

Among the 40% lowest rated companies in the industry

20212025

1.2×

Weak

Among the 40% lowest rated companies in the industry

20212025

3.1 %

Average

Around the average of companies in the same industry

20212025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	5.2M NOK	-9%
EBITDA	0.4M NOK	+14%
Net profit	0.1M NOK	-56%
Total assets	2.8M NOK	-21%
Equity	0.5M NOK	+23%
Employees	5	—

Financial development

In its most recent annual report (2025), Vedvik Rør AS reported revenue of NOK 5.2m, a decrease of 9% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 87.8k, and the EBITDA margin stood at 7.3%.

At the end of 2025, equity financed 16.5% of the balance sheet, and current assets covered short-term debt 1.2 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024	2023	2022	2021
Revenue	5,158	5,670	3,855	3,276	2,855
Staff expenses	-1,763	-1,504	-1,352	-786	-733
EBITDA	378	332	-142	292	15
Depreciation & amort.	-169	-68	-42	-47	-43
EBIT	209	264	-184	244	-28
Net financials	-97	-63	-18	-4	30
Profit before tax	111	201	-202	241	2
Tax	23	-0	-0	52	-2
Net profit	88	201	-202	188	4

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Balance sheet

NOK thousands

Item	2025	2024	2023	2022	2021
Total assets	2,807	3,546	1,152	1,394	748
Equity	464	376	175	376	188
Long-term debt	546	603	0	0	0
Short-term debt	1,798	2,568	978	1,017	560
Total debt	2,344	3,171	978	1,017	560

Financial ratios

5-year trend

EBITDA margin

7.3 %

20212025

Equity ratio

16.5 %

Weak

Among the 40% lowest rated companies in the industry

20212025

Return on equity

18.9 %

Average

Around the average of companies in the same industry

20212025

Net profit margin

1.7 %

Average

Around the average of companies in the same industry

20212025

Asset turnover

1.84×

Average

Around the average of companies in the same industry

20212025

Debt / equity

5.06×

Very weak

Among the 20% lowest rated companies in the industry

20212025

Sector performance

28 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginAverage

Around the average of companies in the same industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 40% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioWeak

Among the 40% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 40% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 10% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 40% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 40% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 20% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 20% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageAverage

Around the average of companies in the same industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverAverage

Around the average of companies in the same industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalStrong

Among the 40% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

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

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
AV Arve Vedvik Chief Executive Officer	Chief Executive Officer	2017

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
AV Arve Vedvik Chairman	Chairman	2017

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Vedvik Rør AS also hold positions in 1 other company.

Person	Role here	Other companies
Arve Vedvik	Chief Executive Officer	1 company

Frequently asked questions

What is the Org number of Vedvik Rør AS?

Vedvik Rør AS is registered with Brønnøysundsregistrene under Org 919282908.

What is the revenue of Vedvik Rør AS?

Vedvik Rør AS reported revenue of NOK 5.2m in 2025.

How many employees does Vedvik Rør AS have?

Vedvik Rør AS employs 5 people as of the latest annual report.

Who is the CEO of Vedvik Rør AS?

Arve Vedvik is the CEO of Vedvik Rør AS.

Who is the chairman of Vedvik Rør AS?

Arve Vedvik chairs the board of Vedvik Rør AS.

Where is Vedvik Rør AS headquartered?

Vedvik Rør AS's registered address is Dalevegen 13.