BLUETECH VVS AS
Score · fiscal year 2025
54of 100
How to read this: the company is ahead of 57 % of small companies in the same sector in 2025. What does this mean?
Rank: 8,681 of 20,440 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 98 and solidity 21 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
BLUETECH VVS AS is 4 points above the median for small companies in the same sector in 2025.
Median score 50 among 19,508 companies.
Against small companies in the same sector in 2025: operating margin 33.8% (median 3.9%) and equity ratio 14.7% (median 33.3%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 5 MNOK |
| Operating margin | 33.8% | 3.9% |
| Profit margin | 31.9% | 3.5% |
| Return on assets | 87.5% | 9.0% |
| Equity ratio | 14.7% | 33.3% |
| Debt-to-equity | 5.80 | 1.56 |
| Current ratio | 2.60 | 1.44 |
| Revenue growth | −49.3% | 6.1% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 54, BLUETECH VVS AS does better than 57% of small companies in the same sector (19,515 companies) in 2025.
Score 2023–2025
- BLUETECH VVS AS
- Median: small companies in the same sector
BLUETECH VVS AS has a score of 54 for 2025, rank 8,681 of 20,440 in the sector.
Strongest: Profitability: percentile 98 against peers, operating margin 33.8% against a median of 3.9%. Liquidity: percentile 82 against peers, current ratio 2.60 against a median of 1.44.
Weakest: Growth: percentile 3 against peers, revenue growth −49.3% against a median of 6.1%. Solidity: percentile 21 against peers, equity ratio 14.7% against a median of 33.3%.
Worth a closer look
- What lies behind weak growth, and will it last?
- What lies behind weak solidity, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
BLUETECH VVS AS had an operating margin of 33.8% and an equity ratio of 14.7% in 2025, and ranks 8,681 of 20,440 in Bygg og anlegg.
From 2024 to 2025: the equity ratio rose from −76.0% to 14.7% and the operating margin rose from 6.8% to 33.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | 4 MNOK |
| P/B | 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
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.
Financial costs were 6.6% of the debt in 2025. The policy rate averaged 4.30 % 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.
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 | 98 | weight 30% |
|---|---|---|
| Solidity | 21 | weight 25% |
| Liquidity | 82 | weight 15% |
| Growth | 3 | weight 15% |
| Consistency | 44 | weight 15% |
Durability: 31 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is BLUETECH VVS AS?
The operating margin was 33.8% in 2025, against a median of 3.9% among small companies in the same sector. Return on assets was 87.5%.
How solid is BLUETECH VVS AS?
The equity ratio was 14.7% in 2025 (median 33.3%). Debt-to-equity was 5.80 (median 1.56).
What is the liquidity of BLUETECH VVS AS like?
The current ratio was 2.60 in 2025 (median 1.44).
How does BLUETECH VVS AS compare in Bygg og anlegg?
BLUETECH VVS AS ranks 8,681 of 20,440 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 8,298 of 19,515. Revenue changed by −49.3% from the year before.
Group accounts
The company is registered as part of a group, but we have no group accounts for it. Group accounts are filed by the parent company, and open data does not say which company that is.
Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.
We do not show the group structure, because open data does not say who owns whom.
From the Central Coordinating Register
- Org. no.
- 924528125
- Legal form
- AS · part of a group
- Sector
- Bygg og anlegg (43.221)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 20 January 2020 6 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Markveien 24D, 3060 SVELVIK (DRAMMEN)
- Municipality
- Drammen rank 10 of 11 in KOSTRA group 12
- Audit
- Audit opted out from 31 January 2020
- 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
- Kjetil Hanssen
- Chair of the board
- Kjetil Hanssen
- Accountant
- MEIRE VVS REGNSKAP AS
- Accountant
- OTTA REGNSKAPSKONTOR 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 | 3 | 35 | 54 | |
| Rank | 18,200 | 14,798 | 8,681 | |
| Operating margin | −19.6% | 6.8% | 33.8% | |
| Return on assets | −84.2% | 54.5% | 87.5% | |
| Equity ratio | −64.6% | −76.0% | 14.7% | |
| Current ratio | 0.44 | 0.37 | 2.60 | |
| Revenue growth | – | 6.3% | −49.3% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 2.9 MNOK | 3.1 MNOK | 1.5 MNOK |
| Operating profit | −0.6 MNOK | 0.2 MNOK | 0.5 MNOK |
| Profit before tax | −0.6 MNOK | 0.2 MNOK | 0.5 MNOK |
| Net profit | −0.5 MNOK | 0.1 MNOK | 0.4 MNOK |
| Financial expenses | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Total assets | 0.7 MNOK | 0.4 MNOK | 0.6 MNOK |
| Current assets | 0.5 MNOK | 0.3 MNOK | 0.6 MNOK |
| Equity | −0.4 MNOK | −0.3 MNOK | 0.1 MNOK |
| Retained earnings | −0.5 MNOK | −0.3 MNOK | 0.1 MNOK |
| Total liabilities | 1.1 MNOK | 0.7 MNOK | 0.5 MNOK |
| Current liabilities | 1.1 MNOK | 0.7 MNOK | 0.2 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6550519.
Further
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