Liquidity
Weak0.98
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.
VEST TELEMARK ØKONOMI OG REKNESKAP AS
Org. no. 981 034 007 · Private limited company (AS) · Active · Garverivegen 22, 3850, KVITESEID · KVITESEID · 69.202 – Accounting and bookkeeping activities
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 10
- Established
- 8 July 1999
- Municipality
- KVITESEID
- Industry code
- 69.202
VEST TELEMARK ØKONOMI OG REKNESKAP AS is a private limited company (as) registered in KVITESEID since 1999. The organisation number is 981 034 007. The register lists 10 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 00:19
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Strong10.8 %
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
Weak5.5 %
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
- 8.0 m NOK
- -3.4 % vs. the year before
- Net result
- 677 k NOK
- Fiscal year 2025
- Equity
- 140 k NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 10
- Registered in the Central Coordinating Register
- Founded
- 8 July 1999
- Place
- KVITESEID
- Industry
- Accounting and bookkeeping activities
- 69.202
- Public contracts
- –
- Roles
- 4
- 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
63
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
- 981 034 007
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 1 September 1999
- Date of incorporation
- 8 July 1999
- Number of employees
- 10
- Language form
- Norwegian Nynorsk
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Garverivegen 223850 KVITESEIDKVITESEID municipalityNorgePostal address
Postboks 203836 KVITESEIDKVITESEID municipalityNorgeIndustry
Industry and sector
- 69.202
Accounting and bookkeeping activities(main industry)
M Real estate activities › 69 Legal and accounting activities › 69.2 Accounting, bookkeeping and auditing activities; tax consultancy › 69.20 Accounting, bookkeeping and auditing activities; tax consultancy
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Bokføring av selskapers eller andres kommersielle transaksjoner. Bokføringsaktiviteter i forbindelse med årsregnskaper og føring av lønn mv. Faktureringstjenester. Ekskluderer: Publisering av regnskapsprogramvare grupperes under 58.29 Utgivelse av annen programvare. Programmering av regnskapsprogramvare grupperes under 62.10 Dataprogrammeringstjenester. Administrativ rådgivning om regnskapssystemer, budsjettmessige kontrollprosedyrer grupperes under 70.20 Bedriftsrådgivning og annen administrativ rådgivning. Innkreving av ubetalte regninger grupperes under 82.91 Inkasso- og kredittopplysningsvirksomhet.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Å føre rekneskap og å yte andre tenester i tilknytning til rekneskapsføringa.
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
3 stored years
Liquidity
Weak0.98
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
Strong10.8 %
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
Weak5.5 %
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 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 7,956,047 | 8,231,977 | 8,209,085 | |
| Operating profit | 857,940 | 924,149 | 760,555 | |
| Profit before tax | 868,590 | 936,876 | 760,250 | |
| Net result | 676,671 | 681,672 | 618,540 | |
| Total assets | 2,558,075 | 2,932,358 | 3,574,598 | |
| Equity | 139,760 | 263,089 | 481,417 | |
| Liabilities | 2,418,315 | 2,669,269 | 3,093,181 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 7,956,047 NOK
- Net result 2025
- 676,671 NOK
- Revenue growth
- -3.4 %
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 | 7,956,047 NOK |
|---|---|
| Total operating expenses | 7,098,106 NOK |
| Operating profit | 857,940 NOK |
| Total financial income | 17,976 NOK |
| Total financial expenses | 7,326 NOK |
| Net financial items | 10,650 NOK |
| Profit before tax | 868,590 NOK |
| Net result | 676,671 NOK |
Assets
| Total fixed assets | 179,936 NOK |
|---|---|
| Total current assets | 2,378,139 NOK |
| Total assets | 2,558,075 NOK |
Equity and liabilities
| Paid-in equity | 92,000 NOK |
|---|---|
| Retained earnings | 47,760 NOK |
| Total equity | 139,760 NOK |
| Current liabilities | 2,418,065 NOK |
| Total debt | 2,418,315 NOK |
| Total equity and liabilities | 2,558,075 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 | 8,231,977 NOK |
|---|---|
| Total operating expenses | 7,307,828 NOK |
| Operating profit | 924,149 NOK |
| Total financial income | 15,803 NOK |
| Total financial expenses | 3,076 NOK |
| Net financial items | 12,727 NOK |
| Profit before tax | 936,876 NOK |
| Net result | 681,672 NOK |
Assets
| Total fixed assets | 255,760 NOK |
|---|---|
| Total current assets | 2,676,598 NOK |
| Total assets | 2,932,358 NOK |
Equity and liabilities
| Paid-in equity | 92,000 NOK |
|---|---|
| Retained earnings | 171,089 NOK |
| Total equity | 263,089 NOK |
| Current liabilities | 2,656,656 NOK |
| Long-term liabilities | 12,613 NOK |
| Total debt | 2,669,269 NOK |
| Total equity and liabilities | 2,932,358 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 | 8,209,085 NOK |
|---|---|
| Total operating expenses | 7,448,530 NOK |
| Operating profit | 760,555 NOK |
| Total financial income | 2,509 NOK |
| Total financial expenses | 2,813 NOK |
| Net financial items | -305 NOK |
| Profit before tax | 760,250 NOK |
| Net result | 618,540 NOK |
Assets
| Total fixed assets | 331,590 NOK |
|---|---|
| Total current assets | 3,243,008 NOK |
| Total assets | 3,574,598 NOK |
Equity and liabilities
| Paid-in equity | 92,000 NOK |
|---|---|
| Retained earnings | 389,417 NOK |
| Total equity | 481,417 NOK |
| Current liabilities | 3,067,521 NOK |
| Long-term liabilities | 25,660 NOK |
| Total debt | 3,093,181 NOK |
| Total equity and liabilities | 3,574,598 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 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | -3.4 % | 0.3 % | – |
| Operating marginOperating profit divided by total operating revenue. | 10.8 % | 11.2 % | 9.3 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 10.9 % | 11.4 % | 9.3 % |
| Equity ratioTotal equity divided by total assets. | 5.5 % | 9 % | 13.5 % |
| Current ratioTotal current assets divided by total current liabilities. | 0.98 | 1.01 | 1.06 |
| Debt ratioTotal liabilities divided by total equity. | 17.3 | 10.15 | 6.43 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 34.2 % | 32.1 % | 21.3 % |
| Return on equityNet profit divided by total equity. | 484.2 % | 259.1 % | 128.5 % |
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 officerGunnar Ruud
Board
- Chair of the boardGunnar Ruud
- Deputy board memberSverre Andreas Ruud
Auditor
- AuditorJOHRE REVISJON 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
- 1
Overview
Structure map
VEST TELEMARK ØKONOMI OG REKNESKAP AS
VEST TELEMARK ØKONOMI OG REKNESKAP AS
KVITESEID · 10 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| VEST TELEMARK ØKONOMI OG REKNESKAP ASAccounting and bookkeeping activities | 981 043 596 | KVITESEID | 10 |
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 15 November 2026 at 00:19
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 00:19
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 00:19
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 00:19
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 00:19
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 00:19
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
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.
Read about the data sources