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V

VS ELEMENT AS976 758 218

Cement and concrete
Limited company
Bispeveien 1500 3178 VÅLE, Norge

VS ELEMENT AS

Operating
VS Element – Totalleverandør av betongelementer
Industriell produksjon rettet mot bygg- og anleggsbransjen, eiendomsforvaltning, kjøp, salg, drift og utvikling av fast eiendom, investering i aksjer, deltakelse i andre selskap samt alt hva dermed er forbundet.
Industriell produksjon rettet mot bygg- og anleggsbransjen samt virksomhet innenfor og eiendomsutvikling/-forvaltning.

Keywords

productionprecastconcretecementartificial stonebuilding materialtilescurbstonesbricksslabspanelspipespillarsprefabricated elements

Links

Organization

CEO
Chairman of the board
Years since formation
30 years
since Sep 26, 1996
Type
Limited company
VAT registered
Yes
Number of employees
24

Ownership

Number of shares and share classes
1,000
1 share class
Total number of shareholders
5
3 companies, 2 persons
Belongs to group of

Financials

Total operating income 2025
60,587,630
NOK
Annual total result 2025
4,890,434
NOK
Total equity 2025
20,497,186
NOK
Last update: Mar 10, 2026

Locations

Bispeveien 1500 3178 VÅLE, Norge
  • Company address
    Bispeveien 1500 3178 VÅLE, Norge
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Management

Management / administration

NameRoleShares
Managing Director/CEO
26.25 %
indirectly

Board

NameRoleShares
Chairman
26.25 %
indirectly
Board Member
26.25 %
indirectly
Board Member
18.5 %
indirectly
Board Member
12.5 %
indirectly

Others

NameRoleShares
Auditor-

Top 10 individual shareholders

NameRoleShares
Board Member
26.25 %
indirectly
Managing Director/CEO, Chairman
26.25 %
indirectly
Board Member
18.5 %
indirectly
Board Member
12.5 %
indirectly
-
12.5 %
indirectly
-
3 %
directly
-
1 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classTotal number of sharesShare
V
VESTFOLD UTVIKLING AS
Ordinary shares
525
52.5 %
H
HOLMAAS AS
Ordinary shares
250
25 %
T
TIGERGUTT AS
Ordinary shares
185
18.5 %
Ordinary shares
30
3 %
Ordinary shares
10
1 %

Shares owned by the VS ELEMENT AS

NameShare classTotal number of sharesShare
S
Class B shares
2
3.39 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year2025202420232022
Total operating income
60,587,630
48,970,303
79,417,356
78,223,805
Annual Total Result
4,890,434
3,500,681
9,597,782
4,023,488
Total assets
33,150,140
26,174,763
30,121,417
53,588,659
Total liabilities
12,652,955
10,568,012
15,915,347
38,256,723
Total equity
20,497,186
15,606,751
14,206,070
15,331,937

P&L

Year2025202420232022
Total operating income
60,587,630
48,970,303
79,417,356
78,223,805
Total operating costs
54,707,732
44,937,430
66,537,809
71,905,212
Operating result
5,879,897
4,032,874
12,879,547
6,318,593
Financial income/costs
387,253
464,111
-553,721
-1,160,455
Profit before tax
6,267,150
4,496,984
12,325,825
5,158,138
Total tax & extraordinary income/cost
1,376,716
996,303
2,728,043
1,134,650
Annual Total Result
4,890,434
3,500,681
9,597,782
4,023,488

Balance overview

Year2025202420232022
Total fixed assets
7,627,994
7,197,783
8,399,282
33,673,234
Total current assets
25,522,147
18,976,981
21,722,135
19,915,426
Total assets
33,150,140
26,174,763
30,121,417
53,588,659
Short term debt
12,652,955
10,308,913
15,915,347
38,256,723
Long term debt
0
259,099
0
0
Total liabilities
12,652,955
10,568,012
15,915,347
38,256,723
Contributed capital
300,459
300,459
300,459
450,000
Retained earnings
20,196,727
15,306,292
13,905,611
14,881,937
Total equity
20,497,186
15,606,751
14,206,070
15,331,937
Total equity and liabilities
33,150,140
26,174,763
30,121,417
53,588,660

Classification

21st company classification
BETA
Industrial large enterprise
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
C
Main industrial area
Manufacturing
23
Activity
Manufacture of non-metallic mineral products
23.6
Main industrial group
Manufacture of articles of concrete, cement and plaster
23.61
Industrial group
Manufacture of concrete products for construction purposes
23.610
Industrial group
Manufacture of concrete products for construction purposes