VGV WELL SOLUTIONS AS
Score · fiscal year 2023
10of 100
How to read this: the company is ahead of 7 % of small companies in the same sector in 2023. What does this mean?
Rank: 538 of 565 · Olje og gass
Profile
Beaver · Builder
Lower profitability, lower solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 12 and solidity 0 out of 100 among small companies in the same sector in 2023. Methodology
Against the sector
VGV WELL SOLUTIONS AS is 40 points below the median for small companies in the same sector in 2023.
Median score 50 among 324 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 4.3% |
| Profit margin | – | 9.4% |
| Return on assets | −26.5% | 3.4% |
| Equity ratio | −43.4% | 48.8% |
| Debt-to-equity | – | 0.50 |
| Current ratio | 0.70 | 1.51 |
| Revenue growth | – | −40.2% |
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 10, VGV WELL SOLUTIONS AS does better than 7% of small companies in the same sector (325 companies) in 2023.
Score 2023–2025
- VGV WELL SOLUTIONS AS
- Median: small companies in the same sector
What the numbers say
VGV WELL SOLUTIONS AS had an operating margin of – and an equity ratio of −43.4% in 2023, and ranks 538 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | not meaningful |
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
- critical
Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?
Based on: Equity ratio −43.4% (median 48.8%).
- watch
Consider strengthening liquidity: current liabilities are 1.4 times current assets.
Based on: Current ratio 0.70 (median 1.51).
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 9.4%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
See interest rates, prices and exchange rates for the sector
Data quality
- watch Revenue not reported
- critical Negative equity
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 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 12 | weight 30% |
|---|---|---|
| Solidity | 0 | weight 25% |
| Liquidity | 24 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 9 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is VGV WELL SOLUTIONS AS?
The operating margin was – in 2023, against a median of 4.3% among small companies in the same sector. Return on assets was −26.5%. The company made a loss before tax.
How solid is VGV WELL SOLUTIONS AS?
The equity ratio was −43.4% in 2023 (median 48.8%). Equity is negative, so liabilities exceed assets.
What is the liquidity of VGV WELL SOLUTIONS AS like?
The current ratio was 0.70 in 2023 (median 1.51). Current assets did not cover current liabilities.
How does VGV WELL SOLUTIONS AS compare in Olje og gass?
VGV WELL SOLUTIONS AS ranks 538 of 565 in Olje og gass for 2023. Among companies of the same size (small companies) it ranks 302 of 325.
From the Central Coordinating Register
- Org. no.
- 917822700
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 26 June 2016 10 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Øvre Tjukkebygdi 15, 5706 VOSS
- Municipality
- Voss rank 1–16 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 18 October 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
- Leif Helge Vevatne
- Deputy member
- Johannes Gjerstad
- Accountant
- VOSS REKNESKAP 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 | 10 | 7 | 7 | |
| Rank | 538 | 570 | 567 | |
| Operating margin | – | – | – | |
| Return on assets | −26.5% | −164.8% | −148.0% | |
| Equity ratio | −43.4% | −215.6% | −363.5% | |
| Current ratio | 0.70 | 0.32 | 0.22 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Financial expenses | – | – | – |
| Total assets | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current assets | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Equity | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Retained earnings | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4994749.
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