VARD

Alesund, Norway Founded: 1998 • Age: 28 yrs
Global designers and shipbuilders of specialised vessels
Annual revenue $112,570 Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About VARD

VARD is a company based in Alesund (Norway) founded in 1998. VARD has completed 1 acquisition, including Storvik Aqua. VARD offers products and services including Ship Design and Shipbuilding.

Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $112.57 K (USD)
    169.94
    as on Mar 31, 2022
  • Net Profit
    -$60.57 K (USD)
    10.27
    as on Mar 31, 2022
  • EBITDA
    -$31.56 K (USD)
    29.81
    as on Mar 31, 2022
  • Latest Funding Round
    $665.27 K (USD), Grant

    Feb 01, 2023

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of VARD

VARD offers a comprehensive portfolio of products and services, including Ship Design and Shipbuilding.

Product name locked
Category locked
Primary

Design services for vessels are provided to ensure efficiency, safety, and sustainability in marine operations

Product name locked
Category locked
Locked

Construction of high-quality vessels is carried out to meet the specific needs of clients in various marine sectors

People of VARD

Headcount 5000-10000
Employee Profiles 5
Employee Profiles
People
Arnulf Fuglestein
Head Of Projects
People
Christian Utvik
Senior Vice President
People
Cathrine Kristiseter Marti
CEO
People
Claudio Taboga
General Director

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Teams

Funding Insights of VARD

Investors in VARD

VARD has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
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Investor details for VARD

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by VARD

VARD has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Storvik Aqua.

Investments
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Investment portfolio details for VARD

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Technological infrastructure and monitoring solutions for aquaculture are supplied.
Locked Locked 1985 Locked
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Complete acquisition details for VARD

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - VARD

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Detailed financials for VARD

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Vard Comparisons

VARD Primary company
Description
Global designers and shipbuilders of specialised vessels
Location
Alesund, Norway
Founded Year
1998
Annual Revenue
$112.57 K (USD)
Net Profit
-$60.57 K (USD)
EBITDA
-$31.56 K (USD)
Employees
Not available
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Peer comparison for VARD

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Competitors of VARD

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Detailed competitors of VARD

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Latest news on Vard

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Complete news archive for VARD

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  • Source and publication date
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Frequently Asked Questions about VARD

VARD was founded in 1998 and raised its 1st funding round 23 years after it was founded.

VARD is headquartered in Alesund, Norway. It is registered at Alesund, Møre And Romsdal, Norway.

Annual revenue of VARD is $112.57K as on Mar 31, 2022.

VARD, established in 1998 and currently in Public stage, focuses on aerospace, maritime and defense, and aerospace engineering and design services. Global designers and shipbuilders of specialised vessels. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.

VARD offers Ship Design and Shipbuilding.

VARD has made 1 acquisition, including Storvik Aqua.

VARD has 1 investor. Key investors include European Union.

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