VBM BYGGFORNYELSE AS
Score · fiscal year 2023
36of 100
How to read this: the company is ahead of 27 % of companies in the Morning class Medium in the same sector in 2023. What does this mean?
Rank in the Morning class Medium: 1,232 of 1,678 · What are Morning company classes?
Place in the whole sector: 13,039 of 18,420 · Bygg og anlegg
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 38 and solidity 31 out of 100 among companies in the Morning class Medium in the same sector in 2023. Methodology
Against the sector
VBM BYGGFORNYELSE AS is 14 points below the median for companies in the Morning class Medium in the same sector in 2023.
Median score 50 among 1,678 companies.
Against companies in the Morning class Medium in the same sector in 2023: operating margin 2.8% (median 4.9%) and equity ratio 21.6% (median 29.0%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 129 MNOK | 91 MNOK |
| Operating margin | 2.8% | 4.9% |
| Profit margin | 2.8% | 4.8% |
| Return on assets | 10.0% | 12.1% |
| Equity ratio | 21.6% | 29.0% |
| Debt-to-equity | 3.64 | 2.37 |
| Current ratio | 1.36 | 1.37 |
| Revenue growth | – | 12.7% |
| Revenue per employee | 3.15 MNOK | 2.44 MNOK |
The median and “ahead of” refer to companies in the Morning class Medium in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 36, VBM BYGGFORNYELSE AS does better than 27% of companies in the Morning class Medium in the same sector (1,678 companies) in 2023.
Score 2023–2025
- VBM BYGGFORNYELSE AS
- Median: companies in the Morning class Medium in the same sector
What the numbers say
VBM BYGGFORNYELSE AS had an operating margin of 2.8% and an equity ratio of 21.6% in 2023, and ranks 13,039 of 18,420 in Bygg og anlegg.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 8 MNOK and 34 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 29 MNOK |
| EV/EBIT | 8.0 | 34 MNOK |
| P/B | 1.0 | 8 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 2021, the sector's weakest year, for this company.
The sector's weakest year was 2021, with a median operating margin of 1.8%. 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 | 38 | weight 30% |
|---|---|---|
| Solidity | 31 | weight 25% |
| Liquidity | 49 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 24 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is VBM BYGGFORNYELSE AS?
The operating margin was 2.8% in 2023, against a median of 4.9% among companies in the Morning class Medium in the same sector. Return on assets was 10.0%.
How solid is VBM BYGGFORNYELSE AS?
The equity ratio was 21.6% in 2023 (median 29.0%). Debt-to-equity was 3.64 (median 2.37).
What is the liquidity of VBM BYGGFORNYELSE AS like?
The current ratio was 1.36 in 2023 (median 1.37).
How does VBM BYGGFORNYELSE AS compare in Bygg og anlegg?
VBM BYGGFORNYELSE AS ranks 13,039 of 18,420 in Bygg og anlegg for 2023. Among companies in the Morning class Medium it is number 1,232 of 1,678.
From the Central Coordinating Register
- Org. no.
- 915836623
- Legal form
- AS
- Sector
- Bygg og anlegg (41.000)
- Morning company class
- Medium
- Employees
- 41 registered 10 October 2026
- Founded
- 21 August 2015 11 years in operation
- Share capital
- 1.30 MNOK
- Business address
- Billingstadsletta 22, 1396 BILLINGSTAD (ASKER)
- Municipality
- Asker rank 2 of 11 in KOSTRA group 12
- 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
- Jo Georg Hermann
- Chair of the board
- Niels Jørgen Krogsgård
- Board member
- Espen Johansen
- Board member
- Ingeborg Müller-Nilssen Moger
- Board member
- Jo Georg Hermann
- Auditor
- STIANSEN & CO AS
Source: Central Coordinating Register, fetched 29 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 | 36 | 53 | 63 | |
| Rank | 13,039 | 8,859 | 5,354 | |
| Operating margin | 2.8% | 3.3% | 3.9% | |
| Return on assets | 10.0% | 12.3% | 17.7% | |
| Equity ratio | 21.6% | 25.4% | 38.5% | |
| Current ratio | 1.36 | 1.45 | 1.97 | |
| Revenue growth | – | 44.0% | −5.4% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 129.2 MNOK | 186.0 MNOK | 176.0 MNOK |
| Operating profit | 3.6 MNOK | 6.1 MNOK | 6.9 MNOK |
| Profit before tax | 3.7 MNOK | 6.1 MNOK | 6.9 MNOK |
| Net profit | 2.9 MNOK | 4.7 MNOK | 5.4 MNOK |
| Financial expenses | – | 0.0 MNOK | 0.0 MNOK |
| Total assets | 36.5 MNOK | 49.5 MNOK | 39.1 MNOK |
| Current assets | 36.3 MNOK | 49.3 MNOK | 39.1 MNOK |
| Equity | 7.9 MNOK | 12.6 MNOK | 15.0 MNOK |
| Retained earnings | 3.9 MNOK | 8.6 MNOK | 11.0 MNOK |
| Total liabilities | 28.6 MNOK | 36.9 MNOK | 24.1 MNOK |
| Current liabilities | 26.7 MNOK | 33.9 MNOK | 19.9 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4958139.
Further
Similar companies
- MITTANBUD MARKETPLACES AS index 36, rank 13,035 · compare
- GRAVDAL BYGG AS index 36, rank 13,044 · compare
- ROTOTEC AS index 36, rank 13,045 · compare
- RINGSIDE AS index 36, rank 13,049 · compare
- TFS TAK OG MEMBRAN AS index 36, rank 13,050 · compare