A. Vikhagen AS

Org. no. 947535560 · MOLDE · Founded 1988

Score · fiscal year 2025

72of 100

How to read this: the company is ahead of 90 % of small companies in the same sector in 2025. What does this mean?

Rank: 3,387 of 32,582 · Bygg og anlegg

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 67 and solidity 74 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

A. Vikhagen AS is 22 points above the median for small companies in the same sector in 2025.

Median score 50 among 31,472 companies.

Against small companies in the same sector in 2025: operating margin 9.7% (median 3.7%) and equity ratio 68.1% (median 36.5%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 28 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue3 MNOK3 MNOK
Operating margin 9.7% 3.7% 70 %
Profit margin 10.2% 3.4% shown, not part of the index
Return on assets 12.6% 5.7% 64 %
Equity ratio 68.1% 36.5% 76 %
Debt-to-equity 0.47 1.20 72 %
Current ratio 3.13 1.45 80 %
Revenue growth 36.0% 3.0% 78 %

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 72, A. Vikhagen AS does better than 90% of small companies in the same sector (31,720 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • A. Vikhagen AS
  • Median: small companies in the same sector
Summary analysis

A. Vikhagen AS has a score of 72 for 2025, rank 3,387 of 32,582 in the sector.

Strongest: Liquidity: percentile 80 against peers, current ratio 3.13 against a median of 1.45. Growth: percentile 78 against peers, revenue growth 36.0% against a median of 3.0%.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

A. Vikhagen AS had an operating margin of 9.7% and an equity ratio of 68.1% in 2025, and ranks 3,387 of 32,582 in Bygg og anlegg.

From 2024 to 2025: revenue grew by 36% and the operating margin rose from 2.8% to 9.7%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

The methods give between 2 MNOK and 4 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.2 MNOK 10.0 2 MNOK
EV/EBIT Operating profit: 0.3 MNOK
minus net debt −1.2 MNOK
8.0 4 MNOK
P/B Equity: 1.7 MNOK 1.0 2 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 · 2025

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 0.0% 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.

Stress test · 2022

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 2.5%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability67 weight 30%
Solidity74 weight 25%
Liquidity80 weight 15%
Growth78 weight 15%
Consistency67 weight 15%

Durability: 71 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is A. Vikhagen AS?

The operating margin was 9.7% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 12.6%.

How solid is A. Vikhagen AS?

The equity ratio was 68.1% in 2025 (median 36.5%). Debt-to-equity was 0.47 (median 1.20).

What is the liquidity of A. Vikhagen AS like?

The current ratio was 3.13 in 2025 (median 1.45).

How does A. Vikhagen AS compare in Bygg og anlegg?

A. Vikhagen AS ranks 3,387 of 32,582 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 3,291 of 31,720. Revenue changed by 36.0% from the year before.

From the Central Coordinating Register

Org. no.
947535560
Legal form
AS
Sector
Bygg og anlegg (43.223)
Size tier
small
Employees
0–4 (not registered)
Founded
30 January 1988 38 years in operation
Share capital
0.10 MNOK
Business address
Årøsetervegen 30, 6422 MOLDE
Municipality
Molde rank 2–10 of 13 in KOSTRA group 10
Audit
Audit opted out from 26 November 2011
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
Bjørnar Vikhagen
Chair of the board
Bjørnar Vikhagen
Deputy member
Kjell Arve Vikhagen
Accountant
SPAREBANK 1 REGNSKAPSHUSET SMN 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?

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Figures last fetched 28 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index786372
Rank2,6107,6873,387
Operating margin8.0%2.8%9.7%
Return on assets11.9%4.6%12.6%
Equity ratio78.7%81.3%68.1%
Current ratio4.685.343.13
Revenue growth–−20.1%36.0%

Accounts

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

Key figure202320242025
Operating revenue2.8 MNOK2.2 MNOK3.0 MNOK
Operating profit0.2 MNOK0.1 MNOK0.3 MNOK
Profit before tax0.2 MNOK0.1 MNOK0.3 MNOK
Net profit0.2 MNOK0.1 MNOK0.2 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets2.0 MNOK1.9 MNOK2.4 MNOK
Current assets2.0 MNOK1.9 MNOK2.4 MNOK
Equity1.6 MNOK1.6 MNOK1.7 MNOK
Retained earnings1.5 MNOK1.5 MNOK1.6 MNOK
Total liabilities0.4 MNOK0.4 MNOK0.8 MNOK
Current liabilities0.4 MNOK0.4 MNOK0.8 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 6959406.