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V

VS ELEMENT AS976 758 218

Cement and concrete
Limited company
Bispeveien 1500 3178 VÅLE, Norge

VS ELEMENT AS

VS Element – Totalleverandør av betongelementer

Keywords

productionprecastconcretecementartificial stonebuilding materialtilescurbstonesbricksslabspanelspipespillarsprefabricated elements

Links

Organization

CEO
Chairman of the board
Years since formation
29 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 2024
48,970,303
NOK
Annual total result 2024
3,500,681
NOK
Total equity 2024
15,606,751
NOK
Last update: Aug 4, 2025

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

Year202420232022
Total operating income
48,970,303
79,417,356
78,223,805
Annual Total Result
3,500,681
9,597,782
4,023,488
Total assets
26,174,763
30,121,417
53,588,659
Total liabilities
10,568,012
15,915,347
38,256,723
Total equity
15,606,751
14,206,070
15,331,937

P&L

Year202420232022
Total operating income
48,970,303
79,417,356
78,223,805
Total operating costs
44,937,430
66,537,809
71,905,212
Operating result
4,032,874
12,879,547
6,318,593
Financial income/costs
464,111
-553,721
-1,160,455
Profit before tax
4,496,984
12,325,825
5,158,138
Total tax & extraordinary income/cost
996,303
2,728,043
1,134,650
Annual Total Result
3,500,681
9,597,782
4,023,488

Balance overview

Year202420232022
Total fixed assets
7,197,783
8,399,282
33,673,234
Total current assets
18,976,981
21,722,135
19,915,426
Total assets
26,174,763
30,121,417
53,588,659
Short term debt
10,308,913
15,915,347
38,256,723
Long term debt
259,099
0
0
Total liabilities
10,568,012
15,915,347
38,256,723
Contributed capital
300,459
300,459
450,000
Retained earnings
15,306,292
13,905,611
14,881,937
Total equity
15,606,751
14,206,070
15,331,937
Total equity and liabilities
26,174,763
30,121,417
53,588,660

Classification

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