Liquidity
Watch1.32
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
VESTBO BBL
Org. no. 946 450 197 · Boligbyggelag · Active · Strandgaten 196, 5004, BERGEN · BERGEN · 68.120 – Development and sale of building projects
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- BBL
- Employees
- 59
- Established
- 25 April 1946
- Municipality
- BERGEN
- Industry code
- 68.120
VESTBO BBL is a boligbyggelag registered in BERGEN since 1946. The organisation number is 946 450 197. The register lists 59 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 6 November 2026 at 16:42
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Weak-14.8 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong46.4 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 282.2 m NOK
- +119.8 % vs. the year before
- Net result
- -46.8 m NOK
- Fiscal year 2025
- Equity
- 452.1 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 59
- Registered in the Central Coordinating Register
- Founded
- 25 April 1946
- Place
- BERGEN
- Industry
- Development and sale of building projects
- 68.120
- Public contracts
- –
- Roles
- 13
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
68
av 100
Moderate risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 946 450 197
- Organisation form
- Boligbyggelag (BBL)
- Registered in the Central Coordinating Register
- 12 March 1995
- Date of incorporation
- 25 April 1946
- Number of employees
- 59
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Strandgaten 1965004 BERGENBERGEN municipalityNorgePostal address
Postboks 1947 Nordnes5817 BERGENBERGEN municipalityNorgeIndustry
Industry and sector
- 68.120
Development and sale of building projects(main industry)
M Real estate activities › 68 Real estate activities › 68.1 Buying and selling of own real estate; development of building projects › 68.12 Development and sale of building projects
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Utvikling av byggeprosjekter for egne boliger og andre bygninger som ikke brukes til beboelse eller utvikling av andre anlegg ved å samle de økonomiske, tekniske og fysiske midlene som skal til for å gjennomføre byggeprosjektene for senere salg. Deling av fast eiendom i parseller og i tillegg utførelse av forberedende arbeid på eiendommen for klargjøring til bygging for senere salg. Omfatter også: Videreutvikling av byggeprosjekter for egne boliger og andre bygninger som ikke brukes til beboelse eller videreutvikling av andre anlegg for å gjennomføre byggeprosjektene for senere salg. Boligbyggelag. Ekskluderer: Bygging av boliger og andre bygninger som ikke brukes til beboelse grupperes under næring 41 Oppføring av bygninger. Fullstendig ombygging eller renovering av eksisterende boliger eller andre bygg som involverer flere spesialiserte byggeaktiviteter grupperes under næring 41 Oppføring av bygninger. Maling og glassarbeid som del av vedlikehold grupperes under 43.34 Maler- og glassarbeid. Anleggsarbeid på eiendommen for klargjøring til bygging og tilhørende byggingsarbeid grupperes under næringshovedområde F Bygge- og anleggsvirksomhet. Utvikling av byggeprosjekter for egen regning, dvs. for senere utleie av eiendom, grupperes under 68.20 Utleie av egen eller leid fast eiendom. Arkitektvirksomhet og byggeteknisk konsulentvirksomhet grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet. Levering av prosjektledelsestjenester innenfor arkitektvirksomhet eller ingeniørvirksomhet for byggeprosjekter grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Boligbyggelag.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
6 stored years
Liquidity
Watch1.32
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Weak-14.8 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong46.4 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2025 | 2024 | Development |
|---|---|---|---|---|
| Operating revenue | 282,241,366 | 128,426,446 | 328,810,963 | |
| Operating profit | -41,690,302 | 13,853,614 | -61,860,259 | |
| Profit before tax | -45,378,723 | 107,140,987 | -50,443,271 | |
| Net result | -46,802,134 | 95,875,974 | -45,233,017 | |
| Total assets | 973,821,357 | 897,518,491 | 1,177,981,907 | |
| Equity | 452,061,354 | 568,502,229 | 498,150,687 | |
| Liabilities | 521,760,004 | 329,016,262 | 679,831,220 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
6 fiscal years (2023–2025)
- Operating revenue 2025
- 282,241,366 NOK
- Net result 2025
- -46,802,134 NOK
- Revenue growth
- –
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 282,241,366 NOK |
|---|---|
| Total operating expenses | 323,931,668 NOK |
| Operating profit | -41,690,302 NOK |
| Net financial items | -3,688,421 NOK |
| Profit before tax | -45,378,723 NOK |
| Net result | -46,802,134 NOK |
Assets
| Total fixed assets | 496,165,283 NOK |
|---|---|
| Total current assets | 477,656,074 NOK |
| Total assets | 973,821,357 NOK |
Equity and liabilities
| Paid-in equity | 20,265,015 NOK |
|---|---|
| Retained earnings | 411,711,484 NOK |
| Total equity | 452,061,354 NOK |
| Current liabilities | 361,860,182 NOK |
| Total debt | 521,760,004 NOK |
| Total equity and liabilities | 973,821,358 NOK |
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 128,426,446 NOK |
|---|---|
| Total operating expenses | 114,572,832 NOK |
| Operating profit | 13,853,614 NOK |
| Net financial items | 93,287,373 NOK |
| Profit before tax | 107,140,987 NOK |
| Net result | 95,875,974 NOK |
Assets
| Total fixed assets | 567,430,555 NOK |
|---|---|
| Total current assets | 330,087,936 NOK |
| Total assets | 897,518,491 NOK |
Equity and liabilities
| Paid-in equity | 20,265,015 NOK |
|---|---|
| Retained earnings | 548,237,214 NOK |
| Total equity | 568,502,229 NOK |
| Current liabilities | 285,829,666 NOK |
| Total debt | 329,016,262 NOK |
| Total equity and liabilities | 897,518,491 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 328,810,963 NOK |
|---|---|
| Total operating expenses | 390,671,222 NOK |
| Operating profit | -61,860,259 NOK |
| Total financial income | 29,992,135 NOK |
| Total financial expenses | 18,575,148 NOK |
| Net financial items | 11,416,988 NOK |
| Profit before tax | -50,443,271 NOK |
| Net result | -45,233,017 NOK |
Assets
| Total fixed assets | 520,529,322 NOK |
|---|---|
| Total current assets | 657,452,586 NOK |
| Total assets | 1,177,981,907 NOK |
Equity and liabilities
| Paid-in equity | 19,552,215 NOK |
|---|---|
| Retained earnings | 455,439,374 NOK |
| Total equity | 498,150,687 NOK |
| Current liabilities | 529,126,008 NOK |
| Long-term liabilities | 150,705,212 NOK |
| Total debt | 679,831,220 NOK |
| Total equity and liabilities | 1,177,981,907 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 107,179,491 NOK |
|---|---|
| Total operating expenses | 115,096,643 NOK |
| Operating profit | -7,917,152 NOK |
| Total financial income | 39,278,933 NOK |
| Total financial expenses | 41,131,455 NOK |
| Net financial items | -1,852,522 NOK |
| Profit before tax | -9,769,674 NOK |
| Net result | -14,987,029 NOK |
Assets
| Total fixed assets | 500,279,005 NOK |
|---|---|
| Total current assets | 263,543,006 NOK |
| Total assets | 763,822,011 NOK |
Equity and liabilities
| Paid-in equity | 19,552,215 NOK |
|---|---|
| Retained earnings | 452,361,240 NOK |
| Total equity | 471,913,455 NOK |
| Current liabilities | 287,451,389 NOK |
| Long-term liabilities | 4,457,167 NOK |
| Total debt | 291,908,556 NOK |
| Total equity and liabilities | 763,822,011 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 79,924,679 NOK |
|---|---|
| Total operating expenses | 91,852,921 NOK |
| Operating profit | -11,928,242 NOK |
| Total financial income | 34,925,662 NOK |
| Total financial expenses | 7,059,513 NOK |
| Net financial items | 27,866,149 NOK |
| Profit before tax | 15,937,907 NOK |
| Net result | 10,627,868 NOK |
Assets
| Total fixed assets | 359,067,150 NOK |
|---|---|
| Total current assets | 374,843,393 NOK |
| Total assets | 733,910,543 NOK |
Equity and liabilities
| Paid-in equity | 15,607,014 NOK |
|---|---|
| Retained earnings | 463,468,890 NOK |
| Total equity | 479,075,904 NOK |
| Current liabilities | 249,981,496 NOK |
| Long-term liabilities | 4,853,143 NOK |
| Total debt | 254,834,639 NOK |
| Total equity and liabilities | 733,910,543 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 362,222,154 NOK |
|---|---|
| Total operating expenses | 373,558,120 NOK |
| Operating profit | -11,335,966 NOK |
| Total financial income | 39,974,950 NOK |
| Total financial expenses | 14,729,721 NOK |
| Net financial items | 25,245,230 NOK |
| Profit before tax | 13,909,264 NOK |
| Net result | 9,837,618 NOK |
Assets
| Total fixed assets | 439,050,393 NOK |
|---|---|
| Total current assets | 648,083,976 NOK |
| Total assets | 1,087,134,369 NOK |
Equity and liabilities
| Paid-in equity | 15,607,015 NOK |
|---|---|
| Retained earnings | 492,983,721 NOK |
| Total equity | 520,302,547 NOK |
| Current liabilities | 456,328,357 NOK |
| Long-term liabilities | 110,503,464 NOK |
| Total debt | 566,831,822 NOK |
| Total equity and liabilities | 1,087,134,369 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2025 | 2024 | 2024 | 2023 | 2023 |
|---|---|---|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | – | – | – | 34.1 % | – | – |
| Operating marginOperating profit divided by total operating revenue. | -14.8 % | 10.8 % | -18.8 % | -7.4 % | -14.9 % | -3.1 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | -16.1 % | 83.4 % | -15.3 % | -9.1 % | 19.9 % | 3.8 % |
| Equity ratioTotal equity divided by total assets. | 46.4 % | 63.3 % | 42.3 % | 61.8 % | 65.3 % | 47.9 % |
| Current ratioTotal current assets divided by total current liabilities. | 1.32 | 1.15 | 1.24 | 0.92 | 1.5 | 1.42 |
| Debt ratioTotal liabilities divided by total equity. | 1.15 | 0.58 | 1.36 | 0.62 | 0.53 | 1.09 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | – | – | -2.7 % | 4.1 % | 3.1 % | 2.6 % |
| Return on equityNet profit divided by total equity. | -10.4 % | 16.9 % | -9.1 % | -3.2 % | 2.2 % | 1.9 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerJørgen Pedersen
Board
- Chair of the boardTore Fyllingen
- Board memberMagni Haugland
- Board memberTom Beev Hansen
- Board memberSiril Merete Espedal
- Board memberJan-Tore Gjervik
- Board memberJaakko Sakari Isotalo
- Board memberTove Bruksås
- Deputy board memberTorgeir Nærø
- Deputy board memberKjersti Eide Drivenes
- Deputy board memberAnnette Terese Kleven
- Deputy board memberAtle Børve
Auditor
- AuditorERNST & YOUNG AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 3
Overview
Structure map
VESTBO BBL
VESTBO BBL AVD BERGEN
BERGEN · 44 employees
VESTBO BBL AVD HAUGESUND
HAUGESUND · 12 employees
VESTBO BBL AVD STORD
STORD
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| VESTBO BBL AVD BERGENDevelopment and sale of building projects | 871 788 642 | BERGEN | 44 |
| VESTBO BBL AVD HAUGESUNDDevelopment and sale of building projects | 971 886 196 | HAUGESUND | 12 |
| VESTBO BBL AVD STORDDevelopment and sale of building projects | 971 886 218 | STORD | – |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 6 November 2026 at 16:42
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 6 November 2026 at 16:42
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 6 November 2026 at 16:42
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 6 November 2026 at 16:42
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 6 November 2026 at 16:42
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 6 November 2026 at 16:42
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
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Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
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