VINNFORD AS

Org. no. 919440708 · SANDEFJORD · Founded 2017

Score · fiscal year 2023

26of 100

How to read this: the company is ahead of 19 % of small companies in the same sector in 2023. What does this mean?

Rank: 28,370 of 34,740 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2023, not a verdict on the company. Based on profitability 11 and solidity 13 out of 100 among small companies in the same sector in 2023. Methodology

Against the sector

VINNFORD AS is 24 points below the median for small companies in the same sector in 2023.

Median score 50 among 32,562 companies.

Against small companies in the same sector in 2023: operating margin −30.0% (median 2.5%) and equity ratio 4.3% (median 39.1%).

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 revenue1 MNOK4 MNOK
Operating margin −30.0% 2.5% 10 %
Profit margin −30.1% 2.2% shown, not part of the index
Return on assets −22.9% 4.0% 12 %
Equity ratio 4.3% 39.1% 21 %
Debt-to-equity 22.38 1.00 4 %
Current ratio 11.07 1.70 91 %
Revenue growth – 0.0% not compared

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 26, VINNFORD AS does better than 19% of small companies in the same sector (32,646 companies) in 2023.

Over time

Score 2023–2025

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

What the numbers say

VINNFORD AS had an operating margin of −30.0% and an equity ratio of 4.3% in 2023, and ranks 28,370 of 34,740 in Handel.

This text is generated automatically from the 2023 accounts.

Estimated value · 2023

Three simple methods

One method gives a figure: 0 MNOK.

MethodInputMultipleEstimate
P/E Net profit: −0.4 MNOK 10.0 not meaningful
EV/EBIT Operating profit: −0.4 MNOK 8.0 not meaningful
P/B Equity: 0.1 MNOK 1.0 0 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

  • watch

    The equity ratio is very low. Could the company absorb a bad year, and does it need more equity?

    Based on: Equity ratio 4.3% (median 39.1%).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin −30.1% (median 2.2%).

  • watch

    The operating margin is lower than at three in four companies in the sector. Where do costs differ from competitors?

    Based on: Operating margin −30.0% (median 2.5%).

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

Financial costs were 0.0% of the debt in 2023. The policy rate averaged 3.54 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

No anomalies found in the figures.

Stress test · 2017

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 −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2023

What the score is made of

Profitability11 weight 30%
Solidity13 weight 25%
Liquidity91 weight 15%
Growth– no data, left out
Consistency14 weight 15%

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

2023

Questions and answers

How profitable is VINNFORD AS?

The operating margin was −30.0% in 2023, against a median of 2.5% among small companies in the same sector. Return on assets was −22.9%. The company made a loss before tax.

How solid is VINNFORD AS?

The equity ratio was 4.3% in 2023 (median 39.1%). Debt-to-equity was 22.38 (median 1.00).

What is the liquidity of VINNFORD AS like?

The current ratio was 11.07 in 2023 (median 1.70).

How does VINNFORD AS compare in Handel?

VINNFORD AS ranks 28,370 of 34,740 in Handel for 2023. Among companies of the same size (small companies) it ranks 26,468 of 32,646.

From the Central Coordinating Register

Org. no.
919440708
Legal form
AS
Sector
Handel (46.830)
Size tier
small
Employees
0–4 (not registered)
Founded
12 June 2017 9 years in operation
Share capital
1.00 MNOK
Business address
Solbakkeåsen 12, 3238 SANDEFJORD
Municipality
Sandefjord rank 2–6 of 10 in KOSTRA group 11
Audit
Audit opted out from 21 August 2017
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
Tesvinderpal Sidhu Ratcliff
Chair of the board
Tesvinderpal Sidhu Ratcliff
Accountant
MIKI REGNSKAP 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
Index262446
Rank28,37031,60622,299
Operating margin−30.0%−36.5%−8.5%
Return on assets−22.9%−23.7%−5.1%
Equity ratio4.3%−19.9%65.4%
Current ratio11.079.0330.77
Revenue growth–−3.2%−26.7%

Accounts

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

Key figure202320242025
Operating revenue1.2 MNOK1.2 MNOK0.9 MNOK
Operating profit−0.4 MNOK−0.4 MNOK−0.1 MNOK
Profit before tax−0.4 MNOK−0.4 MNOK−0.1 MNOK
Net profit−0.4 MNOK−0.4 MNOK−0.1 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.6 MNOK1.8 MNOK1.5 MNOK
Current assets1.6 MNOK1.8 MNOK1.5 MNOK
Equity0.1 MNOK−0.4 MNOK1.0 MNOK
Retained earnings−0.9 MNOK−1.4 MNOK0.0 MNOK
Total liabilities1.5 MNOK2.2 MNOK0.5 MNOK
Current liabilities0.1 MNOK0.2 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 4771603.

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