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V

VARD DESIGN AS982 710 162

Counseling
Limited company
Skansekaia 2 6002 ÅLESUND, Norge
Services
/ Counseling
/ 71.129 Other technical consultancy

VARD DESIGN AS

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Organization

CEO
KM

Kjell Morten Urke1977

Chairman of the board
CU

Christian Utvik1977

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 2024
81,401,123
NOK
Annual total result 2024
4,680,914
NOK
Total equity 2024
14,768,084
NOK
Last update: Jun 13, 2025

Management

Management / administration

NameRoleShares
KM

Kjell Morten Urke

1977

Managing Director/CEO-

Board

NameRoleShares
MB

Marianne Blindheim

1984

Board Member-
KM

Kjell Morten Urke

1977

Board Member-
CU

Christian Utvik

1977

Chairman-

Others

NameRoleShares
D
DELOITTE AS
Auditor-
Last update: Apr 5, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
V
VARD GROUP AS
Ordinary shares
4,000
100 %
Last update: Jun 2, 2025

Group structure

  • VARD GROUP AS
    Total operating income 2024: NOK 10,237,272,000
    Operating profit 2024: NOK -358,327,000
    Employees: 823

Financials

in NOK

Summary

Year2024202320222021
Total operating income
81,401,123
59,939,104
47,540,241
54,730,146
Annual Total Result
4,680,914
1,450,994
764,331
86,207
Total assets
48,642,617
45,584,725
40,708,220
85,012,803
Total liabilities
33,874,533
35,497,556
29,664,289
55,228,541
Total equity
14,768,084
10,087,170
11,043,931
29,784,262

P&L

Year2024202320222021
Total operating income
81,401,123
59,939,104
47,540,241
54,730,146
Total operating costs
76,086,406
59,299,393
47,394,852
49,940,042
Operating result
5,314,718
639,712
145,389
4,790,105
Financial income/costs
765,812
1,161,930
894,402
-1,113,977
Profit before tax
6,080,530
1,801,641
1,039,791
3,676,128
Total tax & extraordinary income/cost
1,399,616
350,647
275,460
3,589,921
Annual Total Result
4,680,914
1,450,994
764,331
86,207

Balance overview

Year2024202320222021
Total fixed assets
3,821,724
2,732,260
2,909,126
3,442,405
Total current assets
44,820,892
42,852,465
37,799,094
81,570,397
Total assets
48,642,617
45,584,725
40,708,220
85,012,803
Short term debt
14,794,038
17,816,677
11,654,947
37,029,799
Long term debt
19,080,495
17,680,879
18,009,342
18,198,742
Total liabilities
33,874,533
35,497,556
29,664,289
55,228,541
Contributed capital
10,279,599
10,279,599
10,279,599
51,427,921
Retained earnings
4,488,484
-192,430
764,331
-21,643,659
Total equity
14,768,084
10,087,170
11,043,931
29,784,262
Total equity and liabilities
48,642,617
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