Language:NO / EN

VITEQ AS

Org. no. 912793974 · NÆRØYSUND · Founded 2013 · 31 employees

Score · fiscal year 2023

71of 100

How to read this: the company is ahead of 84 % of small companies in the same sector in 2023. What does this mean?

Rank: 4,800 of 28,994 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 74 and solidity 63 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

VITEQ AS is 21 points above the median for small companies in the same sector in 2023.

Median score 50 among 27,966 companies.

Against small companies in the same sector in 2023: operating margin 12.1% (median 4.1%) and equity ratio 53.8% (median 36.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 26 October 2026Report an issue
Key figures · 2023

The numbers behind the score

The numbers behind the score · 2023
MeasureCompanyMedianAhead of
Operating revenue54 MNOK3 MNOK
Operating margin 12.1% 4.1% 75 %
Profit margin 12.4% 3.8% shown, not part of the index
Return on assets 18.1% 5.9% 72 %
Equity ratio 53.8% 36.8% 66 %
Debt-to-equity 0.86 1.24 60 %
Current ratio 2.41 1.44 74 %
Revenue growth – 2.6% not compared
Revenue per employee1.75 MNOK1.38 MNOK

The median and “ahead of” refer to small companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.

With an index of 71, VITEQ AS does better than 84% of small companies in the same sector (28,016 companies) in 2023.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • VITEQ AS
  • Median: small companies in the same sector
Analysis · 2023

What the numbers say

VITEQ AS had an operating margin of 12.1% and an equity ratio of 53.8% in 2023, and ranks 4,800 of 28,994 in Bygg og anlegg.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

The methods give between 20 MNOK and 64 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 5.2 MNOK 10.0 52 MNOK
EV/EBIT Operating profit: 6.6 MNOK
minus net debt −11.2 MNOK		 8.0 64 MNOK
P/B Equity: 20.1 MNOK 1.0 20 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2023

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability74 weight 30%
Solidity63 weight 25%
Liquidity74 weight 15%
Growth– no data, left out
Consistency76 weight 15%

Index version 2. Data completeness 85%: the share of the weights that had data.

2023

Questions and answers

How profitable is VITEQ AS?

The operating margin was 12.1% in 2023, against a median of 4.1% among small companies in the same sector. Return on assets was 18.1%.

How solid is VITEQ AS?

The equity ratio was 53.8% in 2023 (median 36.8%). Debt-to-equity was 0.86 (median 1.24).

What is the liquidity of VITEQ AS like?

The current ratio was 2.41 in 2023 (median 1.44).

How does VITEQ AS compare in Bygg og anlegg?

VITEQ AS ranks 4,800 of 28,994 in Bygg og anlegg for 2023. Among companies of the same size (small companies) it ranks 4,623 of 28,016.

From the Central Coordinating Register

Org. no.
912793974
Legal form
AS
Sector
Bygg og anlegg (43.210)
Size tier
small
Employees
31 registered 10 October 2026
Founded
14 October 2013 13 years in operation
Share capital
0.71 MNOK
Business address
Industrivegen 12, 7900 RØRVIK (NÆRØYSUND)
Municipality
Nærøysund rank 1–7 of 9 in KOSTRA group 3
Latest accounts filed
2025

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Rune Olsen
Chair of the board
Rune Olsen
Auditor
BDO AS
Accountant
JAMA REGNSKAPSSERVICE AS

Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Figures last fetched 26 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index716468
Rank4,8007,1485,450
Operating margin12.1%10.7%14.5%
Return on assets18.1%16.7%28.6%
Equity ratio53.8%45.6%44.5%
Current ratio2.411.781.72
Revenue growth–26.6%24.7%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue54.3 MNOK68.7 MNOK85.6 MNOK
Operating profit6.6 MNOK7.3 MNOK12.4 MNOK
Profit before tax6.8 MNOK7.7 MNOK12.8 MNOK
Net profit5.2 MNOK6.0 MNOK10.0 MNOK
Financial expenses0.0 MNOK0.1 MNOK0.1 MNOK
Total assets37.3 MNOK46.3 MNOK45.1 MNOK
Current assets36.0 MNOK44.4 MNOK43.0 MNOK
Equity20.1 MNOK21.1 MNOK20.1 MNOK
Retained earnings19.4 MNOK20.4 MNOK19.3 MNOK
Total liabilities17.2 MNOK25.2 MNOK25.0 MNOK
Current liabilities14.9 MNOK25.0 MNOK25.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4887043.

Similar companies