BIZTRAC BETA
Building of civilian ships and floating structures

VARD GROUP AS

Org. no. 980100820 Limited company (AS) Ålesund Incorporated 1998 Active
Ownership graph ↗
Revenue 2024 NOK 10.2bn
Operating profit NOK −358.3m
Equity NOK 387.6m
Incorporated 1998
Employees 844
Share capital NOK 26.8m

Signals

2 flags
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−358,3 mill kr).
  • Ingen revisor Selskapet har ingen registrert revisor. Vanlig for små AS som har valgt bort revisjon, men verdt å merke seg.

VARD GROUP AS is registered as a limited company in Ålesund, Møre og Romsdal with organisation number 980100820. The business is classified under building of civilian ships and floating structures (NACE 30.110). The company was incorporated in 1998 and has 844 registered employees. Registered share capital is NOK 26.8m, divided into 267956 shares. The company's stated purpose is: “Industri, handel, service, konsulentvirksomhet, annen tjenesteytende virksomhet, forvaltning av driftstilknyttet fast eiendom samt virksomhet i forbindelse med dette, herunder deltagelse i andre selskaper som aksjonær eller på annen måte.”. The most recent filed accounts, for the 2024 financial year, show NOK 10.2bn in revenue and NOK −358.3m in operating profit.

Key figures · 2024

Revenue
NOK 10.2bn
Operating profit
NOK −358.3m
Equity
NOK 387.6m
Est. value
NOK 4.1bn

Financial health · 2024

Liquidity
0.82
Weak
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
2.3%
Not satisfactory
Equity as a share of total capital

Who owns VARD GROUP AS?

VARD HOLDINGS LTD
VARD GROUP AS
NOK 10.2bn rev. · NOK −358.3m profit

VARD GROUP AS has 1 registered shareholder:

All shareholders and roles →

Which companies does VARD GROUP AS own?

VARD GROUP AS holds stakes in 11 companies:

See the full ownership structure →

Frequently asked questions about VARD GROUP AS

Who owns VARD GROUP AS?

VARD HOLDINGS LTD is the largest registered owner, with 100.0%.

What is the revenue of VARD GROUP AS?

VARD GROUP AS had revenue of NOK 10.2bn in 2024.

Who is the general manager of VARD GROUP AS?

Cathrine Kristiseter Marti is registered as general manager of VARD GROUP AS.

Where is VARD GROUP AS based?

VARD GROUP AS has its business address in Ålesund.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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