'Valåsen and Labbsand') is a locality (tätort) situated in Karlskoga Municipality, Örebro County, Sweden with 354 inhabitants in 2020.

[1] Established in 2015, but had previously been part of Karlskoga, according to Statistics Sweden.

The locality lies mostly to the south of Valåsen Manor, and is bounded notionally by Kilsbergen (the low mountainous ridge) to the east, Lake Möckeln to the west, Degerfors Municipality to the south.

Bus services run to both Central Karlskoga and Degerfors.

In 1632, Valåsen was established as an ironworks, the very first works in the Karlskoga Socken.