VESET AS
Score · fiscal year 2024
77of 100
How to read this: the company is ahead of 94 % of small companies in the same sector in 2024. What does this mean?
Rank: 1,698 of 28,783 · Handel
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 81 and solidity 89 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
VESET AS is 27 points above the median for small companies in the same sector in 2024.
Median score 50 among 26,966 companies.
Against small companies in the same sector in 2024: operating margin 29.8% (median 2.1%) and equity ratio 95.3% (median 35.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 3 MNOK |
| Operating margin | 29.8% | 2.1% |
| Profit margin | 29.5% | 1.8% |
| Return on assets | 12.4% | 2.9% |
| Equity ratio | 95.3% | 35.5% |
| Debt-to-equity | 0.05 | 1.03 |
| Current ratio | 20.02 | 1.62 |
| Revenue growth | −19.5% | 2.6% |
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 77, VESET AS does better than 94% of small companies in the same sector (27,072 companies) in 2024.
Score 2023–2025
- VESET AS
- Median: small companies in the same sector
What the numbers say
VESET AS had an operating margin of 29.8% and an equity ratio of 95.3% in 2024, and ranks 1,698 of 28,783 in Handel.
From 2023 to 2024: the operating margin fell from 56.0% to 29.8% and the equity ratio rose from 78.9% to 95.3%.
This text is generated automatically from the 2024 accounts.
Three simple methods
The methods give between 1 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | 1 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
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 29.8% (median 2.1%); Equity ratio 95.3% (median 35.5%); Current ratio 20.02 (median 1.62).
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 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −134.9%. 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 | 81 | weight 30% |
|---|---|---|
| Solidity | 89 | weight 25% |
| Liquidity | 94 | weight 15% |
| Growth | 19 | weight 15% |
| Consistency | 88 | weight 15% |
Durability: 81 (average over 2 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is VESET AS?
The operating margin was 29.8% in 2024, against a median of 2.1% among small companies in the same sector. Return on assets was 12.4%.
How solid is VESET AS?
The equity ratio was 95.3% in 2024 (median 35.5%). Debt-to-equity was 0.05 (median 1.03).
What is the liquidity of VESET AS like?
The current ratio was 20.02 in 2024 (median 1.62).
How does VESET AS compare in Handel?
VESET AS ranks 1,698 of 28,783 in Handel for 2024. Among companies of the same size (small companies) it ranks 1,602 of 27,072. Revenue changed by −19.5% from the year before.
From the Central Coordinating Register
- Org. no.
- 915607489
- Legal form
- AS
- Sector
- Handel (46.830)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 8 June 2015 11 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Tore Hunds gate 13, 8657 MOSJØEN (VEFSN)
- Municipality
- Vefsn rank 9–13 of 13 in KOSTRA group 8
- Audit
- Audit opted out from 14 June 2016
- 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
- Chair of the board
- Gunnar Veseth
- Accountant
- SPAREBANK 1 REGNSKAPSHUSET NORD-NORGE 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 | 85 | 77 | 81 | |
| Rank | 848 | 1,698 | 839 | |
| Operating margin | 56.0% | 29.8% | 79.1% | |
| Return on assets | 26.6% | 12.4% | 38.8% | |
| Equity ratio | 78.9% | 95.3% | 74.4% | |
| Current ratio | 3.56 | 20.02 | 3.58 | |
| Revenue growth | – | −19.5% | 187.9% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.3 MNOK | 0.3 MNOK | 0.7 MNOK |
| Operating profit | 0.2 MNOK | 0.1 MNOK | 0.6 MNOK |
| Profit before tax | 0.2 MNOK | 0.1 MNOK | 0.6 MNOK |
| Net profit | 0.1 MNOK | 0.1 MNOK | 0.5 MNOK |
| Financial expenses | – | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.7 MNOK | 0.6 MNOK | 1.5 MNOK |
| Current assets | 0.5 MNOK | 0.5 MNOK | 1.4 MNOK |
| Equity | 0.5 MNOK | 0.6 MNOK | 1.1 MNOK |
| Retained earnings | 0.5 MNOK | 0.6 MNOK | 1.1 MNOK |
| Total liabilities | 0.1 MNOK | 0.0 MNOK | 0.4 MNOK |
| Current liabilities | 0.1 MNOK | 0.0 MNOK | 0.4 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5563781.
Further
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