VARD ELECTRO AS

Signals

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VARD ELECTRO AS is registered as a limited company in Haram, Møre og Romsdal with organisation number 878634772. The business is classified under building of civilian ships and floating structures (NACE 30.110). The company was incorporated in 1997 and has 403 registered employees. Registered share capital is NOK 1.0m, divided into 1000 shares. The company's stated purpose is: “Elektroinstallasjon og yte konsulenttjenester til industri og næringsliv, samt produksjon av elektroautomasjon og salg av elektromateriell. Selskapet kan også investere i andre selskaper med økonomisk formål. ”. The most recent filed accounts, for the 2025 financial year, show NOK 2.5bn in revenue and NOK 91.5m in operating profit.

Former names: HARAM ELEKTRO AS, AKER YARDS ELECTRO AS, STX NORWAY ELECTRO AS, STX OSV ELECTRO AS

Key figures · 2025

Revenue

NOK 2.5bn

▼ −5 %

Operating profit

NOK 91.5m

▼ −12 %

Equity

NOK 357.6m

▼ −2 %

Est. value

NOK 529.5m

Financial health · 2025

Liquidity

1.12

Satisfactory

Current assets ÷ current liabilities

Profitability

5.5%

Weak

Return on total assets

Solidity

15.8%

Satisfactory

Equity as a share of total capital

Who owns VARD ELECTRO AS?

VARD GROUP AS Org. no. 980100820

100.0%

VARD ELECTRO AS

NOK 2.5bn rev. · NOK 91.5m profit

VARD ELECTRO AS has 1 registered shareholder:

• VARD GROUP AS 100.0%

All shareholders and roles →

Which companies does VARD ELECTRO AS own?

VARD ELECTRO AS holds stakes in 2 companies:

• TELECOM NORDEN AS 5.9%
• MOBIT HOLDING AS 1.0%

See the full ownership structure →

Frequently asked questions about VARD ELECTRO AS

Who owns VARD ELECTRO AS?

VARD GROUP AS is the largest registered owner, with 100.0%.

What is the revenue of VARD ELECTRO AS?

VARD ELECTRO AS had revenue of NOK 2.5bn in 2025.

Who is the general manager of VARD ELECTRO AS?

Hans Tore Jenssen is registered as general manager of VARD ELECTRO AS.

Where is VARD ELECTRO AS based?

VARD ELECTRO AS has its business address in Tennfjord.

Property

Business address Tennfjordvegen 113, 6264 Tennfjord

Cadastral unit 1580-372/47/0/0

Building Fabrikkbygning · 1 unit

3 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.