VASSBAKK & STOL AS • 927048841 • Kopervik • Specialised construction activities

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/ Contractor activities

/ 43.120 Site preparation

VASSBAKK & STOL AS

Keywords

preparationconstruction sitesexcavationdrainageditchescleaningblastingsortingplanningdriving awaydisposalmassingpreparatorydrainage work

Organization

CEO: RK
Richard Kvalevaag1976
Chairman of the board: AG
Anders Geirsta1970
Years since formation: 30 years; since Feb 19, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 687

Ownership

Number of shares and share classes: 360; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 2,987,624,115; NOK
Annual total result 2024: 148,864,036; NOK
Total equity 2024: 287,942,864; NOK

Last update: Jun 13, 2025

Management

Management / administration

Name	Role	Shares
RK Richard Kvalevaag 1976	Managing Director/CEO	-

Board

Name	Role	Shares
AG Anders Geirsta 1970	Chairman	-
JT Jan Terje Vestby 1964	Board Member	-
EN Erik Nistad Nesse 1974	Board Member	-
HK Hans Kjetil Traen 1986	Board Member	-
TU Tonje Urdal Sand 1979	Board Member	-
VF Vibeke Fjeld 1971	Board Member	-
OP Olav Pedersen 1986	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Last update: Mar 7, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
S SKANSKA NORGE AS	Ordinary shares	360	100 %

Last update: Jun 2, 2025

Group structure

SKANSKA NORGE AS
Total operating income 2024: NOK 15,014,220,000
Operating profit 2024: NOK 355,854,000
Employees: 2758

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	2,987,624,115	2,403,655,238	1,986,668,606	1,654,467,237
Annual Total Result	148,864,036	116,462,361	76,739,201	60,348,997
Total assets	1,208,904,959	1,080,888,958	976,564,414	919,630,497
Total liabilities	920,962,095	814,165,515	724,470,552	688,058,536
Total equity	287,942,864	266,723,444	252,093,862	231,571,961

P&L

Year	2024	2023	2022	2021
Total operating income	2,987,624,115	2,403,655,238	1,986,668,606	1,654,467,237
Total operating costs	0	0	0	0
Operating result	187,422,019	148,771,457	103,119,275	79,380,395
Financial income/costs	3,608,771	563,227	-4,709,222	-1,997,361
Profit before tax	191,030,790	149,334,684	98,410,053	77,383,035
Total tax & extraordinary income/cost	42,166,754	32,872,323	21,670,852	17,034,038
Annual Total Result	148,864,036	116,462,361	76,739,201	60,348,997

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	637,598,318	531,960,978	453,761,299	466,260,398
Total current assets	571,306,641	548,927,979	522,803,113	453,370,098
Total assets	1,208,904,959	1,080,888,958	976,564,414	919,630,497
Short term debt	824,554,303	723,982,148	662,486,802	626,942,485
Long term debt	0	0	0	0
Total liabilities	920,962,095	814,165,515	724,470,552	688,058,536
Contributed capital	360,000	360,000	360,000	360,000
Retained earnings	287,582,864	266,363,444	251,733,862	231,211,961
Total equity	287,942,864	266,723,444	252,093,862	231,571,961
Total equity and liabilities	1,208,904,959	1,080,888,958	976,564,414	919,630,497

Classification

Category

/ Contractor activities

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

43.1

Main industrial group

Demolition and site preparation

43.12

Industrial group

Site preparation

43.120

Industrial group

Site preparation