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V

VARD DESIGN AS982 710 162

Counseling
Limited company
Skansekaia 2 6002 ÅLESUND, Norge
Services
/ Counseling

VARD DESIGN AS

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Organization

CEO
KM

Kjell Morten Urke1977

Chairman of the board
SR

Stig Sandanger Riise1955

Years since formation
25 years
since Dec 5, 2000
Type
Limited company
VAT registered
Yes
Number of employees
43

Ownership

Number of shares and share classes
4,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2023
59,939,104
NOK
Annual total result 2023
1,450,994
NOK
Total equity 2023
10,087,170
NOK
Last update: Nov 21, 2024

Management

Management / administration

NameRoleShares
KM

Kjell Morten Urke

1977

Managing Director/CEO-

Board

NameRoleShares
SR

Stig Sandanger Riise

1955

Chairman-
MB

Marianne Blindheim

1984

Board Member-
KM

Kjell Morten Urke

1977

Board Member-

Others

NameRoleShares
D
DELOITTE AS
Auditor-
Last update: Jan 9, 2025

Ownership

Company shareholders

NameShare classNumber of sharesShare
V
VARD GROUP AS
Ordinary shares
4,000
100 %
Last update: May 24, 2024

Group structure

  • VARD GROUP AS
    Total operating income 2023: NOK 5,727,010,334
    Operating profit 2023: NOK -212,681,517
    Employees: 831

Financials

in NOK

Summary

Year202320222021
Total operating income
59,939,104
47,540,241
54,730,146
Annual Total Result
1,450,994
764,331
86,207
Total assets
45,584,725
40,708,220
85,012,803
Total liabilities
35,497,556
29,664,289
55,228,541
Total equity
10,087,170
11,043,931
29,784,262

P&L

Year202320222021
Total operating income
59,939,104
47,540,241
54,730,146
Total operating costs
59,299,393
47,394,852
49,940,042
Operating result
639,712
145,389
4,790,105
Financial income/costs
1,161,930
894,402
-1,113,977
Profit before tax
1,801,641
1,039,791
3,676,128
Total tax & extraordinary income/cost
350,647
275,460
3,589,921
Annual Total Result
1,450,994
764,331
86,207

Balance overview

Year202320222021
Total fixed assets
2,732,260
2,909,126
3,442,405
Total current assets
42,852,465
37,799,094
81,570,397
Total assets
45,584,725
40,708,220
85,012,803
Short term debt
17,816,677
11,654,947
37,029,799
Long term debt
17,680,879
18,009,342
18,198,742
Total liabilities
35,497,556
29,664,289
55,228,541
Contributed capital
10,279,599
10,279,599
51,427,921
Retained earnings
-192,430
764,331
-21,643,659
Total equity
10,087,170
11,043,931
29,784,262
Total equity and liabilities
45,584,725
40,708,220
85,012,803

Classification

Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.129
Industrial group
Other technical consultancy