VIJO AS
Score · fiscal year 2025
Not enough data: Not enough data (below minimum revenue)
Based on the annual accounts for 2025
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 5 MNOK |
| Operating margin | 74.1% | 3.9% |
| Profit margin | 74.2% | 3.5% |
| Return on assets | 143.7% | 9.0% |
| Equity ratio | −430.2% | 33.3% |
| Debt-to-equity | – | 1.56 |
| Current ratio | 0.19 | 1.44 |
| Revenue growth | 22,210.7% | 6.1% |
The median and “ahead of” refer to companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
Score over time
Score over time needs at least two fiscal years with a score. It will appear when next year's figures are fetched or history is imported.
What the numbers say
VIJO AS had an equity ratio of −430.2% in 2025. The company is not ranked: not enough data (below minimum revenue).
From 2024 to 2025: revenue grew by 22,211% and the equity ratio rose from −4,110.8% to −430.2%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 2 MNOK and 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2 MNOK |
| EV/EBIT | 8.0 | 2 MNOK |
| 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 −430.2% (median 33.3%).
- critical
Consider strengthening liquidity: current liabilities are 5.3 times current assets.
Based on: Current ratio 0.19 (median 1.44).
- watch
Strong growth with weak liquidity. Is the growth financed, or does it tie up capital the company does not have?
Based on: Revenue growth 22,210.7% (median 6.1%); Current ratio 0.19 (median 1.44).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- critical Negative equity
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
Questions and answers
How profitable is VIJO AS?
The operating margin was 74.1% in 2025, against a median of 3.9% among companies in the same sector. Return on assets was 143.7%.
How solid is VIJO AS?
The equity ratio was −430.2% in 2025 (median 33.3%). Equity is negative, so liabilities exceed assets.
What is the liquidity of VIJO AS like?
The current ratio was 0.19 in 2025 (median 1.44). Current assets did not cover current liabilities.
From the Central Coordinating Register
- Org. no.
- 993276170
- Legal form
- AS
- Sector
- Bygg og anlegg (43.990)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 14 October 2008 18 years in operation
- Share capital
- 0.10 MNOK
- Business address
- v/ Victor Kvassheim, Øksnevadvegen 76, 4353 KLEPP STASJON
- Municipality
- Klepp rank 1 of 38 in KOSTRA group 7
- Audit
- Audit opted out from 6 September 2012
- 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
- Victor Kvassheim
- Chair of the board
- Johnny Hviding
- Board member
- Victor Kvassheim
- Accountant
- KYDLAND 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 29 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | – | – | – | |
| Rank | – | – | – | |
| Operating margin | −122.2% | −675.7% | 74.1% | |
| Return on assets | −175.9% | −42.0% | 143.7% | |
| Equity ratio | −3,081.9% | −4,110.8% | −430.2% | |
| Current ratio | 0.03 | 0.02 | 0.19 | |
| Revenue growth | – | −96.7% | 22,210.7% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.0 MNOK | 0.0 MNOK | 0.3 MNOK |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.2 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | 0.2 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 0.2 MNOK |
| Financial expenses | 0.0 MNOK | – | – |
| Total assets | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Current assets | 0.0 MNOK | 0.0 MNOK | 0.1 MNOK |
| Equity | −0.8 MNOK | −0.8 MNOK | −0.6 MNOK |
| Retained earnings | −0.9 MNOK | −0.9 MNOK | −0.7 MNOK |
| Total liabilities | 0.8 MNOK | 0.8 MNOK | 0.8 MNOK |
| Current liabilities | 0.8 MNOK | 0.8 MNOK | 0.8 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 29 October 2026, accounts id 7119575.