VITEQ AS
Score · fiscal year 2024
64of 100
How to read this: the company is ahead of 77 % of small companies in the same sector in 2024. What does this mean?
Rank: 7,148 of 31,127 · Bygg og anlegg
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 72 and solidity 54 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
VITEQ AS is 14 points above the median for small companies in the same sector in 2024.
Median score 50 among 30,031 companies.
Against small companies in the same sector in 2024: operating margin 10.7% (median 3.8%) and equity ratio 45.6% (median 36.8%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 69 MNOK | 3 MNOK |
| Operating margin | 10.7% | 3.8% |
| Profit margin | 11.1% | 3.4% |
| Return on assets | 16.7% | 5.8% |
| Equity ratio | 45.6% | 36.8% |
| Debt-to-equity | 1.19 | 1.19 |
| Current ratio | 1.78 | 1.45 |
| Revenue growth | 26.6% | 1.8% |
| Revenue per employee | 2.22 MNOK | 1.40 MNOK |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 64, VITEQ AS does better than 77% of small companies in the same sector (30,102 companies) in 2024.
Score 2023–2025
- VITEQ AS
- Median: small companies in the same sector
What the numbers say
VITEQ AS had an operating margin of 10.7% and an equity ratio of 45.6% in 2024, and ranks 7,148 of 31,127 in Bygg og anlegg.
From 2023 to 2024: revenue grew by 27% and the equity ratio fell from 53.8% to 45.6%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 21 MNOK and 78 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 60 MNOK |
| EV/EBIT | 8.0 | 78 MNOK |
| P/B | 1.0 | 21 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
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.
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
What the score is made of
| Profitability | 72 | weight 30% |
|---|---|---|
| Solidity | 54 | weight 25% |
| Liquidity | 61 | weight 15% |
| Growth | 74 | weight 15% |
| Consistency | 58 | weight 15% |
Durability: 68 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VITEQ AS?
The operating margin was 10.7% in 2024, against a median of 3.8% among small companies in the same sector. Return on assets was 16.7%.
How solid is VITEQ AS?
The equity ratio was 45.6% in 2024 (median 36.8%). Debt-to-equity was 1.19 (median 1.19).
What is the liquidity of VITEQ AS like?
The current ratio was 1.78 in 2024 (median 1.45).
How does VITEQ AS compare in Bygg og anlegg?
VITEQ AS ranks 7,148 of 31,127 in Bygg og anlegg for 2024. Among companies of the same size (small companies) it ranks 6,921 of 30,102. Revenue changed by 26.6% from the year before.
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.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 71 | 64 | 68 | |
| Rank | 4,800 | 7,148 | 5,450 | |
| Operating margin | 12.1% | 10.7% | 14.5% | |
| Return on assets | 18.1% | 16.7% | 28.6% | |
| Equity ratio | 53.8% | 45.6% | 44.5% | |
| Current ratio | 2.41 | 1.78 | 1.72 | |
| Revenue growth | – | 26.6% | 24.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 54.3 MNOK | 68.7 MNOK | 85.6 MNOK |
| Operating profit | 6.6 MNOK | 7.3 MNOK | 12.4 MNOK |
| Profit before tax | 6.8 MNOK | 7.7 MNOK | 12.8 MNOK |
| Net profit | 5.2 MNOK | 6.0 MNOK | 10.0 MNOK |
| Financial expenses | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Total assets | 37.3 MNOK | 46.3 MNOK | 45.1 MNOK |
| Current assets | 36.0 MNOK | 44.4 MNOK | 43.0 MNOK |
| Equity | 20.1 MNOK | 21.1 MNOK | 20.1 MNOK |
| Retained earnings | 19.4 MNOK | 20.4 MNOK | 19.3 MNOK |
| Total liabilities | 17.2 MNOK | 25.2 MNOK | 25.0 MNOK |
| Current liabilities | 14.9 MNOK | 25.0 MNOK | 25.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6088327.
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