Building of civilian ships and floating structures
VARD GROUP AS
Revenue 2024
NOK 10.2bn
Operating profit
NOK −358.3m
Equity
NOK 387.6m
Incorporated
1998
Employees
844
Share capital
NOK 26.8m
Financials
Total operating revenue
Operating profit (EBIT)
Income statement
| Post | 2024 | Trend |
|---|---|---|
| Total operating revenue | 10.2bn | |
| Total operating costs | 10.6bn | |
| Operating profit (EBIT) | −358.3m | |
| Net financial items | 565.5m | |
| Profit for the year | 364.8m |
Balance sheet
| Post | 2024 | Trend |
|---|---|---|
| Total assets | 16.8bn | |
| of which current assets | 13.5bn | |
| Equity | 387.6m | |
| Total liabilities | 16.4bn |
Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.