AS VÆRDALSBRUKET
Keywords
round timberwood-basedindustrymining timberfence postspostsfirewoodcharcoallogswood chips
Organization
- CEO
- AB
Anders Børstad1967
- Chairman of the board
- BR
- Years since formation
- 30 years
- since Feb 19, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 16
Ownership
- Number of shares and share classes
- 12,947
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 26,511,628
- NOK
- Annual total result 2024
- 10,083,197
- NOK
- Total equity 2024
- 321,502,180
- NOK
Last update: Aug 12, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AB 1967 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
BR | Chairman | 20 % indirectly |
AS 1956 | Board Member | - |
MF 1982 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
IG 2001 | - | 80 % indirectly |
BR | Chairman | 20 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 12,947 | 100 % |
Shares owned by the AS VÆRDALSBRUKET
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Class B shares | 100 | 39.22 % | |
| Ordinary shares | 4,390,764 | 34.29 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 708,720,000Operating profit 2024: NOK 361,060,000Employees: 8
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 26,511,628 | 16,405,644 | 27,330,889 | 18,602,064 |
Annual Total Result | 10,083,197 | 5,068,332 | 41,956,483 | 75,951,584 |
Total assets | 326,177,127 | 323,197,482 | 312,145,966 | 270,323,123 |
Total liabilities | 4,674,947 | 17,532,612 | 8,998,403 | 5,813,834 |
Total equity | 321,502,180 | 305,664,870 | 303,147,563 | 264,509,289 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 26,511,628 | 16,405,644 | 27,330,889 | 18,602,064 |
Total operating costs | 35,817,329 | 26,097,330 | 23,413,662 | 19,253,770 |
Operating result | -9,305,701 | -9,691,686 | 3,917,227 | -651,706 |
Financial income/costs | 17,180,489 | 12,649,414 | 39,114,798 | 76,379,583 |
Profit before tax | 7,874,788 | 2,957,728 | 43,032,025 | 75,727,877 |
Total tax & extraordinary income/cost | -2,208,409 | -2,110,604 | 1,075,542 | -223,707 |
Annual Total Result | 10,083,197 | 5,068,332 | 41,956,483 | 75,951,584 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 300,951,288 | 291,692,161 | 286,310,378 | 219,956,015 |
Total current assets | 25,225,839 | 31,505,321 | 25,835,588 | 50,367,108 |
Total assets | 326,177,127 | 323,197,482 | 312,145,966 | 270,323,123 |
Short term debt | 2,806,324 | 15,078,535 | 6,871,427 | 4,069,293 |
Long term debt | 1,868,623 | 2,454,077 | 2,126,976 | 1,744,541 |
Total liabilities | 4,674,947 | 17,532,612 | 8,998,403 | 5,813,834 |
Contributed capital | 42,702,373 | 36,948,260 | 17,967,500 | 17,967,500 |
Retained earnings | 278,799,807 | 268,716,610 | 285,180,063 | 246,541,789 |
Total equity | 321,502,180 | 305,664,870 | 303,147,563 | 264,509,289 |
Total equity and liabilities | 326,177,127 | 323,197,482 | 312,145,966 | 270,323,123 |
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
A
Main industrial area
Agriculture, forestry and fishing
02
Activity
Forestry and logging
02.2
Main industrial group
Logging
02.20
Industrial group
Logging
02.200
Industrial group
Logging