NORDHEIM VVS AS

RørleggerarbeidÅL21 employeesfounded 2004reg. no. 986426159

The company is among the top 10 per cent in its industry

The company kept 15.8 % of every krone in 2025. The median among 683 companies in rørleggerarbeid was 5.6 %.

Key figures 2025

Revenue
43.3 m kr
Operating profit
6.8 m kr
Operating margin
15.8 %industry median 5.6 %
Equity ratio
58.0 %industry median 37.1 %
Equity
12.7 m kr

The industry

Where the company stands among 683 companies

Among 683 companies in this industry, the top third earned 12.8 % on every krone, against -0.4 % for the weakest third. The spread is 13 percentage points.

The comparison is limited to companies of roughly the same size, that is between 10.8 m kr and 173.4 m kr in revenue. The median company in that group had revenue of 21.3 m kr.

See the full picture for plumbing installation

How the company stands

Margin says how it went, the balance sheet says how the company stands

Two companies on the same margin can be in entirely different situations. These figures come from the balance sheet and say something about how well the company would take a bad quarter.

2.5Current ratioStrong
The company has comfortable cover for what falls due. How many kroner the company holds in current assets for every krone falling due within the year. Below 1 means the bills coming due are larger than what there is to pay them with.
0.7Debt to equityStrong
The company is financed mainly with its own money. How many kroner of debt the company carries per krone of equity. Lower is safer.
124.5Interest coverStrong
Interest is a small part of what the company earns. How many times the operating result covers the interest the company pays.
12.6 m krRetained earningsStrong
The company has earned back more than was put in. How much the company has earned and kept across its whole life, beyond what the owners put in.

The gap

The company is already above the top third

The margin is 3.0 percentage points higher than the median of the top third of the industry (12.8 %). There is no profitability gap to close. The question is rather whether something is holding growth back, or whether there is time and work to free up in operations.

Public contracts

Public contracts the company has won

We find 4 public contracts awarded to the company between 2023 and 2026. Total stated value is 23.5 m kr.

YearBuyerValueComes up again
2026Ål kommune · framework agreementnot stated
2026Viken Vest Innkjøpssamarbeid (VVI) · framework agreementnot stated
2025Anskaffelser i Akershus, Buskerud og Østfold KO · framework agreementnot stated
2023Viken Vest Innkjøpssamarbeid (VVI)23.5 m kr

A value is stated on 1 of 4 contracts. The total covers only those.

Contracts come from Doffin and TED. Our collection is not complete, and TED covers only contracts above the EEA threshold, so the figures are a floor and not a full count. We say what we find, not what exists.

Contract values are reported in euro and converted to kroner at the Norges Bank rate of 10.79 (2026-09-16).

Next step

The figures say where the company stands, not why

The accounts show the result of how the company is run, but say nothing about where in the working day the time and the money disappear. That is only found by walking through the flow itself, from the job coming in to the money being on the account.

Source. All figures on NORDHEIM VVS AS come from the Norwegian Register of Business Enterprises, and are public. The figures were fetched live from the register.

One year only. We have not yet collected history for this company, so we show the most recent filed year. The open accounts API returns only the latest filing.

The comparison. 683 companies on the same industry code (43.221), each on its most recently filed accounts, limited to those with revenue between 10.8 m kr and 173.4 m kr. Companies with under one million in revenue are always excluded, because dormant limited companies would otherwise pull the median down. Each company appears with the most recent accounts we hold for it. For the great majority that is the 2024 filing. Around eight per cent had already filed for 2025 when we collected, and for those the 2025 figures apply. We therefore write "latest accounts" rather than naming a single year.

What this is not. This is a comparison, not an assessment of the company. A low margin can signal investment, growth or a deliberate choice just as readily as a problem. The figures say where the company stands, not what it should do.

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