Liquidity
Watch1.22
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.
INSTAWORKS AS
Org. no. 931 824 899 · Private limited company (AS) · Active · Bogavegen 111, 5725, VAKSDAL · VAKSDAL · 43.320 – Joinery installation
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- Not registered
- Established
- 30 June 2023
- Municipality
- VAKSDAL
- Industry code
- 43.320
INSTAWORKS AS is a private limited company (as) registered in VAKSDAL since 2023. The organisation number is 931 824 899. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 15:55
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Watch1.2 %
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
Watch11.9 %
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
- 2.1 m NOK
- +99.9 % vs. the year before
- Net result
- 4 k NOK
- Fiscal year 2025
- Equity
- 57 k NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- –
- Registered in the Central Coordinating Register
- Founded
- 30 June 2023
- Place
- VAKSDAL
- Industry
- Joinery installation
- 43.320
- Public contracts
- –
- Roles
- 2
- 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
67
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
- 931 824 899
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 3 August 2023
- Date of incorporation
- 30 June 2023
- Number of employees
- Not stated
- 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
Bogavegen 1115725 VAKSDALVAKSDAL municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 43.320
Joinery installation(main industry)
F Construction › 43 Specialised construction activities › 43.3 Building completion and finishing › 43.32 Joinery installation
See the industry: largest companies and key figures →What does this industry cover?
Inkluderer: Omfatter montering av dører, vinduer, dør- og vinduskarmer av tre eller andre materialer, installering av kjøkkeninnredning, garderobeskap, trapper, butikkinnredning o.l., samt innvendig ferdiggjøring som kledning av tak, vegger mv. Ekskluderer: Installasjon av automatiske dører og svingdører grupperes under: 43.29 Annet installasjonsarbeid
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Skal selge varer og tjenester innen snekkerarbeid, og annet som naturlig sammenfaller med dette, samt deltakelse i andre selskaper, investeringer og nærliggende virksomhet.
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
Watch1.22
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
Watch1.2 %
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
Watch11.9 %
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 | 2,069,510 | 1,035,190 | – | |
| Operating profit | 25,013 | 62,929 | -22,192 | |
| Profit before tax | 11,620 | 62,684 | -23,797 | |
| Net result | 3,661 | 53,138 | -23,797 | |
| Total assets | 483,713 | 106,958 | 71 | |
| Equity | 57,433 | 53,772 | -4,936 | |
| Liabilities | 426,280 | 53,187 | 5,007 |
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
- 2,069,510 NOK
- Net result 2025
- 3,661 NOK
- Revenue growth
- 99.9 %
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. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 2,069,510 NOK |
|---|---|
| Total operating expenses | 2,044,497 NOK |
| Operating profit | 25,013 NOK |
| Total financial income | 1,203 NOK |
| Total financial expenses | 14,596 NOK |
| Net financial items | -13,393 NOK |
| Profit before tax | 11,620 NOK |
| Net result | 3,661 NOK |
Assets
| Total fixed assets | 303,300 NOK |
|---|---|
| Total current assets | 180,413 NOK |
| Total assets | 483,713 NOK |
Equity and liabilities
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 27,433 NOK |
| Total equity | 57,433 NOK |
| Current liabilities | 147,366 NOK |
| Long-term liabilities | 278,914 NOK |
| Total debt | 426,280 NOK |
| Total equity and liabilities | 483,713 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 1,035,190 NOK |
|---|---|
| Total operating expenses | 972,261 NOK |
| Operating profit | 62,929 NOK |
| Total financial income | 2 NOK |
| Total financial expenses | 247 NOK |
| Net financial items | -245 NOK |
| Profit before tax | 62,684 NOK |
| Net result | 53,138 NOK |
Assets
| Total fixed assets | 0 NOK |
|---|---|
| Total current assets | 106,958 NOK |
| Total assets | 106,958 NOK |
Equity and liabilities
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 23,772 NOK |
| Total equity | 53,772 NOK |
| Current liabilities | 53,187 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 53,187 NOK |
| Total equity and liabilities | 106,959 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating expenses | 22,192 NOK |
|---|---|
| Operating profit | -22,192 NOK |
| Total financial expenses | 1,605 NOK |
| Net financial items | -1,605 NOK |
| Profit before tax | -23,797 NOK |
| Net result | -23,797 NOK |
Assets
| Total fixed assets | 0 NOK |
|---|---|
| Total current assets | 71 NOK |
| Total assets | 71 NOK |
Equity and liabilities
| Paid-in equity | 18,860 NOK |
|---|---|
| Retained earnings | -23,796 NOK |
| Total equity | -4,936 NOK |
| Current liabilities | 5,007 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 5,007 NOK |
| Total equity and liabilities | 71 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. | 99.9 % | – | – |
| Operating marginOperating profit divided by total operating revenue. | 1.2 % | 6.1 % | – |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 0.6 % | 6.1 % | – |
| Equity ratioTotal equity divided by total assets. | 11.9 % | 50.3 % | -6,952.1 % |
| Current ratioTotal current assets divided by total current liabilities. | 1.22 | 2.01 | 0.01 |
| Debt ratioTotal liabilities divided by total equity. | 7.42 | 0.99 | -1.01 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 5.4 % | 58.8 % | -31,256.3 % |
| Return on equityNet profit divided by total equity. | 6.4 % | 98.8 % | 482.1 % |
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.
- 2023, Debt ratio: Negativ egenkapital gjør forholdstallet vanskelig å tolke.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerArminas Girtavicius
Board
- Chair of the boardArminas Girtavicius
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
INSTAWORKS AS
INSTAWORKS AS
VAKSDAL
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| INSTAWORKS ASJoinery installation | 931 842 773 | VAKSDAL | – |
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 15:55
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 15:55
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 15:55
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 15:55
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 15:55
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 15:55
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