BIZTRAC BETA
COMPANY REGISTER PROFILE
991470891 ORG. NO. 2025 ACCOUNTS 7 SECTIONS
Active UPDATED 02.09.2026
Development of building projects

VÅGALIA UTVIKLING AS

Org. no. 991470891 Limited company (AS) Sandnes Incorporated 2007 Active
Ownership graph ↗
Revenue 2025 NOK 4.1m
Operating profit NOK 1.4m
Equity NOK 20.5m
Incorporated 2007
Share capital NOK 4.0m

VÅGALIA UTVIKLING AS is registered as a limited company in Sandnes, Rogaland with organisation number 991470891. The business is classified under development of building projects (NACE 68.120). The company was incorporated in 2007. Registered share capital is NOK 4.0m, divided into 200000 shares. The company's stated purpose is: “Kjøpe, selge, eie og utvikle eiendom.”. The most recent filed accounts, for the 2025 financial year, show NOK 4.1m in revenue and NOK 1.4m in operating profit.

Key figures · 2025

Revenue
NOK 4.1m
▲ +8533 %
Operating profit
NOK 1.4m
▲ +183 %
Equity
NOK 20.5m
▼ −19 %
Est. value
NOK 17.8m

Financial health · 2025

Liquidity
1.58
Good
Current assets ÷ current liabilities
Profitability
4.4%
Weak
Return on total assets
Solidity
77.3%
Very good
Equity as a share of total capital

Who owns VÅGALIA UTVIKLING AS?

VÅGALIA UTVIKLING AS has 3 registered shareholders:

All shareholders and roles →

Which companies does VÅGALIA UTVIKLING AS own?

VÅGALIA UTVIKLING AS holds a stake in 1 company:

See the full ownership structure →

Frequently asked questions about VÅGALIA UTVIKLING AS

Who owns VÅGALIA UTVIKLING AS?

ØVSTEBØ INVEST AS is the largest registered owner, with 40.0%.

What is the revenue of VÅGALIA UTVIKLING AS?

VÅGALIA UTVIKLING AS had revenue of NOK 4.1m in 2025.

Who is the general manager of VÅGALIA UTVIKLING AS?

Karstein Øvstebø is registered as general manager of VÅGALIA UTVIKLING AS.

Where is VÅGALIA UTVIKLING AS based?

VÅGALIA UTVIKLING AS has its business address in Sandnes.

Property

Business address Langgata 41, 4306 Sandnes
Cadastral unit 1108-111/451/0/0
Building Kjøpesenter, varehus · 2 units

21 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.

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