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COMPANY REGISTER PROFILE
878634772 ORG. NO. 2025 ACCOUNTS 12 SECTIONS
Active UPDATED 03.10.2026
Building of civilian ships and floating structures

VARD ELECTRO AS

Org. no. 878634772 Limited company (AS) Haram Incorporated 1997 Active
Ownership graph ↗
Revenue 2025 NOK 2.5bn
Operating profit NOK 91.5m
Equity NOK 357.6m
Incorporated 1997
Employees 400
Share capital NOK 1.0m

VARD ELECTRO AS is registered as a limited company in Haram, Møre og Romsdal with organisation number 878634772. The business is classified under building of civilian ships and floating structures (NACE 30.110). The company was incorporated in 1997 and has 400 registered employees. Registered share capital is NOK 1.0m, divided into 1000 shares. The company's stated purpose is: “Elektroinstallasjon og yte konsulenttjenester til industri og næringsliv, samt produksjon av elektroautomasjon og salg av elektromateriell. Selskapet kan også investere i andre selskaper med økonomisk formål. ”. The most recent filed accounts, for the 2025 financial year, show NOK 2.5bn in revenue and NOK 91.5m in operating profit.

Former names: HARAM ELEKTRO AS, AKER YARDS ELECTRO AS, STX NORWAY ELECTRO AS, STX OSV ELECTRO AS

Key figures · 2025

Revenue
NOK 2.5bn
▼ −5 %
Operating profit
NOK 91.5m
▼ −12 %
Equity
NOK 357.6m
▼ −2 %
Est. value
NOK 574.9m

Financial health · 2025

Liquidity
1.12
Satisfactory
Current assets ÷ current liabilities
Profitability
5.5%
Weak
Return on total assets
Solidity
15.8%
Satisfactory
Equity as a share of total capital

Who owns VARD ELECTRO AS?

VARD ELECTRO AS
NOK 2.5bn rev. · NOK 91.5m profit

VARD ELECTRO AS has 1 registered shareholder:

All shareholders and roles →

Which companies does VARD ELECTRO AS own?

VARD ELECTRO AS holds stakes in 2 companies:

See the full ownership structure →

Frequently asked questions about VARD ELECTRO AS

Who owns VARD ELECTRO AS?

VARD GROUP AS is the largest registered owner, with 100.0%.

What is the revenue of VARD ELECTRO AS?

VARD ELECTRO AS had revenue of NOK 2.5bn in 2025.

Who is the general manager of VARD ELECTRO AS?

Hans Tore Jenssen is registered as general manager of VARD ELECTRO AS.

Where is VARD ELECTRO AS based?

VARD ELECTRO AS has its business address in Tennfjord.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 03.10.2026.

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