Liquidity
Strong2.02
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.
VS ELEMENT AS
Org. no. 976 758 218 · Private limited company (AS) · Active · Bispeveien 1500, 3178, VÅLE · TØNSBERG · 23.610 – Manufacture of concrete products for construction purposes
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 27
- Established
- 19 September 1996
- Municipality
- TØNSBERG
- Industry code
- 23.610
VS ELEMENT AS is a private limited company (as) registered in VÅLE since 1996. The organisation number is 976 758 218. The register lists 27 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 04:38
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Watch9.7 %
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
Strong61.8 %
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
- 60.6 m NOK
- +23.7 % vs. the year before
- Net result
- 4.9 m NOK
- Fiscal year 2025
- Equity
- 20.5 m NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 27
- Registered in the Central Coordinating Register
- Founded
- 19 September 1996
- Place
- VÅLE
- Industry
- Manufacture of concrete products for construction purposes
- 23.610
- Public contracts
- –
- Roles
- 6
- 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
97
av 100
Low 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
- 976 758 218
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 26 September 1996
- Date of incorporation
- 19 September 1996
- Number of employees
- 27
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- www.vselement.no
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Bispeveien 15003178 VÅLETØNSBERG municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 23.610
Manufacture of concrete products for construction purposes(main industry)
C Manufacturing › 23 Manufacture of other non-metallic mineral products › 23.6 Manufacture of articles of concrete, cement and plaster › 23.61 Manufacture of concrete products for construction purposes
See the industry: largest companies and key figures →What does this industry cover?
Inkluderer: Omfatter produksjon av ferdigstøpt betong, sement eller kunstig stein som brukes som byggematerialer: fliser, kantstein, murstein, plater, paneler, rør, pillarer mv. og prefabrikkerte elementer for bygge- og anleggsvirksomhet av sement, betong og kunstig stein
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Industriell produksjon rettet mot bygg- og anleggsbransjen, eiendomsforvaltning, kjøp, salg, drift og utvikling av fast eiendom, investering i aksjer, deltakelse i andre selskap samt alt hva dermed er forbundet.
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
Loading reviews …
Write a review
You must sign in with a verified email to write a review.
Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Strong2.02
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
Watch9.7 %
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
Strong61.8 %
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 | 60,587,630 | 48,970,303 | 79,417,356 | |
| Operating profit | 5,879,897 | 4,032,874 | 12,879,547 | |
| Profit before tax | 6,267,150 | 4,496,984 | 12,325,825 | |
| Net result | 4,890,434 | 3,500,681 | 9,597,782 | |
| Total assets | 33,150,140 | 26,174,763 | 30,121,417 | |
| Equity | 20,497,186 | 15,606,751 | 14,206,070 | |
| Liabilities | 12,652,955 | 10,568,012 | 15,915,347 |
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
- 60,587,630 NOK
- Net result 2025
- 4,890,434 NOK
- Revenue growth
- 23.7 %
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 | 60,587,630 NOK |
|---|---|
| Total operating expenses | 54,707,732 NOK |
| Operating profit | 5,879,897 NOK |
| Total financial income | 443,306 NOK |
| Total financial expenses | 56,052 NOK |
| Net financial items | 387,253 NOK |
| Profit before tax | 6,267,150 NOK |
| Net result | 4,890,434 NOK |
Assets
| Total fixed assets | 7,627,994 NOK |
|---|---|
| Total current assets | 25,522,147 NOK |
| Total assets | 33,150,140 NOK |
Equity and liabilities
| Paid-in equity | 300,459 NOK |
|---|---|
| Retained earnings | 20,196,727 NOK |
| Total equity | 20,497,186 NOK |
| Current liabilities | 12,652,955 NOK |
| Total debt | 12,652,955 NOK |
| Total equity and liabilities | 33,150,140 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 | 48,970,303 NOK |
|---|---|
| Total operating expenses | 44,937,430 NOK |
| Operating profit | 4,032,874 NOK |
| Total financial income | 518,267 NOK |
| Total financial expenses | 54,156 NOK |
| Net financial items | 464,111 NOK |
| Profit before tax | 4,496,984 NOK |
| Net result | 3,500,681 NOK |
Assets
| Total fixed assets | 7,197,783 NOK |
|---|---|
| Total current assets | 18,976,981 NOK |
| Total assets | 26,174,763 NOK |
Equity and liabilities
| Paid-in equity | 300,459 NOK |
|---|---|
| Retained earnings | 15,306,292 NOK |
| Total equity | 15,606,751 NOK |
| Current liabilities | 10,308,913 NOK |
| Long-term liabilities | 259,099 NOK |
| Total debt | 10,568,012 NOK |
| Total equity and liabilities | 26,174,763 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 | 79,417,356 NOK |
|---|---|
| Total operating expenses | 66,537,809 NOK |
| Operating profit | 12,879,547 NOK |
| Total financial income | 448,791 NOK |
| Total financial expenses | 1,002,512 NOK |
| Net financial items | -553,721 NOK |
| Profit before tax | 12,325,825 NOK |
| Net result | 9,597,782 NOK |
Assets
| Total fixed assets | 8,399,282 NOK |
|---|---|
| Total current assets | 21,722,135 NOK |
| Total assets | 30,121,417 NOK |
Equity and liabilities
| Paid-in equity | 300,459 NOK |
|---|---|
| Retained earnings | 13,905,611 NOK |
| Total equity | 14,206,070 NOK |
| Current liabilities | 15,915,347 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 15,915,347 NOK |
| Total equity and liabilities | 30,121,417 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. | 23.7 % | -38.3 % | – |
| Operating marginOperating profit divided by total operating revenue. | 9.7 % | 8.2 % | 16.2 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 10.3 % | 9.2 % | 15.5 % |
| Equity ratioTotal equity divided by total assets. | 61.8 % | 59.6 % | 47.2 % |
| Current ratioTotal current assets divided by total current liabilities. | 2.02 | 1.84 | 1.36 |
| Debt ratioTotal liabilities divided by total equity. | 0.62 | 0.68 | 1.12 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 19.1 % | 17.4 % | 44.2 % |
| Return on equityNet profit divided by total equity. | 23.9 % | 22.4 % | 67.6 % |
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 officerRunar Haug
Board
- Chair of the boardRunar Haug
- Board memberHenning Orre
- Board memberArne Hagen
- Board memberAnders Aas
Auditor
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
VS ELEMENT AS
VS ELEMENT AS
VÅLE · 27 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| VS ELEMENT ASManufacture of concrete products for construction purposes | 976 760 565 | VÅLE | 27 |
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 04:38
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 04:38
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 04:38
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 04:38
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 04:38
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 04:38
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