Intelligo

Private limited company · Skien

SKIEN VEKST AS

ActiveRental and operating of own or leased real estate (68.200)

Founded
27 Jan 1972
Employees
11
Chief executive
Geir Vala
Business address
Rådhusgata 1, 3724 Skien

The life line 1997–2026

Operating revenue per year, with recorded events above. As a table

Operating revenue 2025: NOK 49.1m.

  1. Chair took office§ 07
  2. Managing director took office§ 07

Sources: the Register of Company Accounts (company accounts), fetched 15 Nov 2026; the Brønnøysund Register Centre. Each event has the colour of the section it is in.

In brief

SKIEN VEKST AS is a private limited company in Skien, founded in 1972, in the industry rental and operating of own or leased real estate. The chief executive is Geir Vala, and the chair of the board is Nils Olav Skilbred. In 2025 the company had NOK 49.1m in operating revenue and a net profit of NOK 11.4m; the group had revenue of NOK 102.0m. The largest owner is SKIEN KOMMUNE with 100.0%.

Put together by Intelligo from the sections below; each figure stands with its source where it belongs.

Overview

§ 01 Latest changes

4 changes, latest 15 Sep 2026

  • Number of employees 10 → 11
  • Number of employees 11 → 10
  • Annual accounts filed 2024 → 2025
  • Godkjent årsregnskap

Source: the Brønnøysund Register Centre and Intelligo's own observations, fetched 15 Nov 2026 · All events →

Overview

§ 02 Worth knowing

1 point

  • OKEquity ratio 43.6%, above the industry median

Assumed: derived by Intelligo by fixed rules, not a credit rating. How we calculate

Overview

§ 03 Key figures

Revenue NOK 49.1m in 2025

Revenue

NOK 49.1m

+6.3% from 2024

20232025

Operating profit

NOK 23.4m

+15.0% from 2024

20232025

Net profit

NOK 11.4m

+48.9% from 2024

20232025

Equity

NOK 211.1m

+0.5% from 2024

20232025

Source: the Register of Company Accounts, read 15 Nov 2026 · The full accounts →

Finances

§ 04 Where the money comes from and goes

Financial year 2025

Of every krone of operating revenue in 2025:

  • Wages and social costs 17%
  • Depreciation 21%
  • Other operating costs 15%
  • Left as operating result 48%

Of the net profit for 2025, NOK 1.1m stayed in the company. The rest, NOK 10.3m, is an assumed dividend.

The assumed dividend is derived by Intelligo from the change in equity, not stated by the source. Source: the Register of Company Accounts via areg.no, read 15 Nov 2026

Finances

§ 05 Financial health

Equity ratio 43.6%

RevenueNOK 49.1m Operating margin47.7% Equity ratio43.6% Revenue growth+6.3%
  • SKIEN VEKST AS, 2025
  • Industry median, assumed: NOK 1.1m · 42.5% · 31.3% · +2.6%

Equity NOK 211.1m44% of the assets (NOK 484.1m)

Source: the Register of Company Accounts, read 15 Nov 2026. The median is derived by Intelligo from 46,770 companies in 68.200 Rental and operating of own or leased real estate, not stated by the source.

Finances

§ 06 Accounts

28 years, latest 2025

NOK 1,0002023–25202520242023
Operating revenue49,12046,23043,526
Operating profit23,41320,36714,377
Profit before tax14,0679,55812,531
Net profit11,4027,65811,710
Total assets484,064484,976452,726
Equity211,120210,065207,195
Liabilities272,944274,911245,531

Source: the Register of Company Accounts, read 15 Nov 2026 · All 28 years →

Management and ownership

§ 07 Officers

11 officers now

The board: 5 members

Source: the Brønnøysund Register Centre, read 22 Oct 2026 · All 12 roles, former ones too →

Management and ownership

§ 08 Signature, procuration and authorisations

Styrets leder og ett styremedlem i fellesskap.

May sign for the company:

Styrets leder og ett styremedlem i fellesskap.

Power of procuration:

Daglig leder alene.

The signature is word for word from the register. Source: the Register of Business Enterprises, read 15 Nov 2026

Management and ownership

§ 09 Owners

1 shareholder · largest 100.0%

OwnerShare
SKIEN KOMMUNE
100.0%

Source: the Tax Administration's Register of Shareholders as of 31 December 2025, read 31 Jul 2026 · All 1 owners →

Management and ownership

§ 10 Group

8 subsidiaries

SKIEN VEKST AS parent company

The group 2025: operating revenue NOK 102.0m (+10.8%).

Share held. Source: the Tax Administration's shareholder register, fetched 31 Jul 2026 · The whole group →

Management and ownership

§ 11 Portfolio

Holds shares in 6 companies

Management and ownership

§ 12 Network

40 connections

  • Person
  • Company

9 people link SKIEN VEKST AS to 35 other companies: Geir Vala 11, Knut Harald Andresen 5, Kirstine Holst 5, Emilie Clarice Schäffer 5, Greta Fossum 3 and Kjell Arne Lunde 2, …

Source: the Brønnøysund Register Centre, read 22 Oct 2026 · Explore the network →

Events and registers

§ 13 Events

48 since 2015

Events per year

20152026

  • Notices81
  • Register changes4

Since 2015: 81 announcements and 4 register changes. Most happened in 2020 and 2024.

Source: the announcements of the Brønnøysund Register Centre, the Tax Administration's Register of Shareholders, Doffin, TED and NAV, read 1 Nov 2026. Register changes are Intelligo's own observations. · All 48 events →

Events and registers

§ 14 Notices

81, latest 1 Jul 2026

  • Godkjente årsregnskap
  • Vedtektsdato
  • Foretaksnavn

Source: The Brønnøysund Register Centre's announcements ↗, read 1 Nov 2026 · All 81 →

Events and registers

§ 15 Charges

Not fetched yet

Events and registers

§ 16 Other registers

Found in 3 of 7

  • The Central Coordinating RegisterRegistered 19 Feb 1995
  • VATRegistered
  • The Register of Business EnterprisesRegistered 10 Feb 1989
  • The Cleaning RegisterNot registered
  • The Register of Staffing AgenciesNot registered
  • Smiley scheme, the Norwegian Food Safety AuthorityNot registered
  • The Financial Supervisory Authority's licence registerNot registered

Purpose: Erverv, oppføring og drift av fast eiendom av enhver art, og å delta som aksjeeier eller på annen måte i liknende foretagender, samt finansiering av slik virksomhet. Selskapet skal i sine aktiviteter følge opp Skiensmodellen.

Source: the Brønnøysund Register Centre, the Labour Inspection Authority, the Food Safety Authority and the Financial Supervisory Authority, each on its own, fetched 15 Nov 2026

Market

§ 17 Tenders

None registered

No tenders recorded.No public tenders won, lost or announced, in Doffin or TED. Checked 15 Nov 2026.

Market

§ 18 Vacancies

None registered

No vacancies.No open ads at NAV. Checked 15 Nov 2026.

Market

§ 19 Competitors

Industry code 68.200

The companies most like it:

Compare them

The selection is Intelligo's, not stated by the source: companies met in tenders and winners of tenders of the same kind, otherwise the same industry code, nearest in place and size. Source: the Brønnøysund Register Centre, Doffin and TED, fetched 15 Nov 2026 · All competitors → · Largest in the industry →

Last

§ 20 Questions and answers

7 questions

  • Who is the chief executive of SKIEN VEKST AS?
    Geir Vala, since 2024. § 07
  • Who owns SKIEN VEKST AS?
    1 shareholder. It is SKIEN KOMMUNE with 100.0%. § 09
  • What was the revenue in 2025?
    NOK 49.1m in the company and NOK 102.0m in the group. § 06
  • Who can sign for SKIEN VEKST AS?
    Styrets leder og ett styremedlem i fellesskap. § 08
  • Who is the auditor?
    REVISJONSSELSKAPET AS. § 07
  • Where is SKIEN VEKST AS based?
    Rådhusgata 1, 3724 Skien.
  • When was SKIEN VEKST AS founded?
    27 Jan 1972, registered in the Register of Business Enterprises 10 Feb 1989. § 16

The answers come from the sections linked to, with their sources.

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