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

Key figures · 2024

Current ratio
0.82
Weak
Equity ratio
2.3%
Not satisfactory

Key figures over time · 2024

Key figures2024Trend
Lønnsomhet
Operating margin (%%) -3.5%
Net margin (%%) 3.6%
Return on assets (%%) -2.1%
Likviditet
Current ratio 0.82
Working capital −2.9bn
Soliditet
Equity ratio (%%) 2.3%
Debt-to-equity ratio 42.39

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

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