VASSNES ENGINEERING AS
Keywords
installationelectrical installations
Organization
- CEO
- HV
Helge Vassnes1959
- Chairman of the board
- Years since formation
- 13 years
- since Sep 8, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 12
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 12,792,993
- NOK
- Annual total result 2024
- -274,590
- NOK
- Total equity 2024
- -145,495
- NOK
Last update: Jul 23, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HV 1959 | Managing Director/CEO | 29.4 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
BS | Board Member | - |
| Chairman | - | |
SN 1972 | Observer | - |
HV 1959 | Observer | 29.4 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HV 1959 | Managing Director/CEO, Observer | 29.4 % indirectly |
HV 1984 | - | 9.8 % indirectly |
TV 1982 | - | 9.8 % indirectly |
Last update: Jul 23, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 9,617,350Operating profit 2023: NOK -14,971,756Employees: 8
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 12,792,993 | 9,685,389 | 7,088,275 | 6,224,288 |
Annual Total Result | -274,590 | 600,392 | -355,964 | -86,510 |
Total assets | 4,437,868 | 3,392,015 | 1,705,608 | 2,375,731 |
Total liabilities | 4,583,363 | 3,262,920 | 2,019,005 | 2,333,163 |
Total equity | -145,495 | 129,095 | -313,396 | 42,567 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 12,792,993 | 9,685,389 | 7,088,275 | 6,224,288 |
Total operating costs | 13,015,371 | 8,976,135 | 7,383,628 | 6,227,998 |
Operating result | -222,378 | 709,253 | -295,353 | -3,710 |
Financial income/costs | -52,212 | -64,326 | -60,611 | -82,800 |
Profit before tax | -274,590 | 644,928 | -355,964 | -86,510 |
Total tax & extraordinary income/cost | 0 | 44,536 | 0 | 0 |
Annual Total Result | -274,590 | 600,392 | -355,964 | -86,510 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 4,437,868 | 3,392,015 | 1,705,608 | 2,375,731 |
Total assets | 4,437,868 | 3,392,015 | 1,705,608 | 2,375,731 |
Short term debt | 4,583,363 | 3,262,920 | 2,019,005 | 2,333,163 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 4,583,363 | 3,262,920 | 2,019,005 | 2,333,163 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | -245,495 | 29,095 | -413,396 | -57,433 |
Total equity | -145,495 | 129,095 | -313,396 | 42,567 |
Total equity and liabilities | 4,437,868 | 3,392,015 | 1,705,608 | 2,375,731 |
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.2
Main industrial group
Electrical, plumbing and other construction installation activities
43.21
Industrial group
Electrical installation
43.210
Industrial group
Electrical installation