Riskpilot← Back to searchSign inGet full accessNOVENCO AS
ASActiveOrg 814709442Rosenholmveien 25, 1414 TrollåsenWholesale of hardware, plumbing and heating equipment and supplies · NACE 4684Est. 196378 employeeswww.novenco-marine.com
Revenue 2025
NOK 345,9M
-5% vs 2024
EBITDA margin
3.6%
-61% vs 2024
Equity ratio
19.0%
Financial strength
Net profit 2025
NOK 8,4M
-75% vs 2024
| Revenue | NOK 345,9M | -5% |
| EBITDA | NOK 12,4M | -61% |
| Net profit | NOK 8,4M | -75% |
| Total assets | NOK 418,7M | +16% |
| Equity | NOK 79,7M | +12% |
| Employees | 78 | — |
Legal name
NOVENCO AS
Org number
814709442
Legal form
Aksjeselskap
NACE code
4684 · Wholesale of hardware, plumbing and heating equipment and supplies
Founded
9. februar 1963
Share capital
—
Employees
78 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap eller to styremedlemmer i fellesskap.
Address
Rosenholmveien 25, 1414 Trollåsen
Website
www.novenco-marine.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 273 375 | 348 781 | 225 335 | 149 826 | 182 708 | 280 926 | 478 255 | 495 411 | 280 635 | 173 020 | 192 706 | 235 313 | 259 358 | 117 853 | 140 616 | 270 041 | 364 708 | 345 886 |
| Staff expenses | −0 | −33 075 | −36 394 | −38 549 | −34 493 | −35 047 | −37 490 | −56 123 | −63 114 | −53 242 | −46 393 | −47 170 | −60 095 | −53 728 | −49 920 | −0 | −0 | −0 | −0 |
| EBITDA | 0 | 8 676 | 28 311 | 2 739 | −8 314 | 2 932 | 3 833 | −798 | 41 666 | 4 383 | −6 285 | 3 444 | −34 623 | 14 545 | −5 265 | 5 394 | 18 810 | 31 667 | 12 413 |
| Depreciation & amort. | −0 | −595 | −568 | −481 | −286 | −276 | −366 | −637 | −812 | −722 | −456 | −296 | −622 | −984 | −1 757 | −1 815 | −2 031 | −2 320 | −2 131 |
| EBIT | 0 | 8 081 | 27 743 | 2 258 | −8 600 | 2 656 | 3 467 | −1 435 | 40 854 | 3 661 | −6 741 | 3 148 | −35 245 | 13 561 | −7 022 | 3 579 | 16 779 | 29 347 | 10 282 |
| Net financials | 0 | −19 714 | 19 339 | 6 653 | 2 115 | 1 888 | −3 625 | 6 804 | −1 148 | −2 521 | −1 412 | −1 838 | 1 951 | −5 822 | −3 101 | −1 878 | 5 244 | 14 298 | 455 |
| Profit before tax | 0 | −11 633 | 47 082 | 8 911 | −6 485 | 4 544 | −158 | 5 369 | 39 706 | 1 140 | −8 153 | 1 310 | −33 294 | 7 739 | −10 123 | 1 701 | 22 023 | 43 644 | 10 737 |
| Tax | −0 | −1 891 | 12 387 | 1 976 | −1 590 | 1 208 | 90 | 1 604 | 9 605 | −414 | −2 399 | 170 | −3 943 | 2 790 | −2 221 | −0 | −0 | −0 | −0 |
| Net profit | 0 | −9 742 | 34 695 | 6 935 | −4 895 | 3 336 | −248 | 3 765 | 30 101 | 1 554 | −5 754 | 1 140 | −29 351 | 4 949 | −7 902 | 1 277 | 17 163 | 33 460 | 8 410 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 178 370 | 164 156 | 146 381 | 114 857 | 162 970 | 259 147 | 227 198 | 226 249 | 199 420 | 122 835 | 148 476 | 114 197 | 86 593 | 70 308 | 135 823 | 135 981 | 362 123 | 418 743 |
| Equity | — | 17 824 | 40 739 | 37 674 | 32 779 | 36 115 | 35 868 | 39 633 | 69 734 | 71 288 | 50 534 | 51 674 | 22 323 | 27 271 | 19 369 | 20 646 | 37 809 | 71 269 | 79 679 |
| Long-term debt | 0 | 3 821 | 14 368 | 8 894 | 6 939 | 7 139 | 6 799 | 8 302 | 17 573 | 17 159 | 10 687 | 3 400 | 0 | 0 | 0 | 0 | 2 967 | 12 444 | 14 850 |
| Short-term debt | 0 | 151 403 | 109 049 | 99 813 | 75 139 | 119 716 | 216 480 | 179 263 | 138 942 | 110 973 | 61 614 | 93 402 | 91 874 | 59 321 | 50 939 | 115 177 | 95 205 | 278 410 | 324 214 |
| Total debt | 0 | 155 224 | 123 417 | 108 707 | 82 078 | 126 855 | 223 279 | 187 565 | 156 515 | 128 132 | 72 301 | 96 802 | 91 874 | 59 321 | 50 939 | 115 177 | 98 172 | 290 854 | 339 064 |
EBITDA margin
3.6%
This company
15.8%
Market median
-77% vs market
20072025
Equity ratio
19.0%
This company
38.2%
Market median
-50% vs market
20072025
Return on equity
10.6%
This company
18.4%
Market median
+42% vs market
20072025
Net profit margin
2.4%
This company
8.1%
Market median
-70% vs market
20072025
Asset turnover
0.83×
This company
1.12×
Market median
+26% vs market
20072025
Debt / equity
4.26×
This company
0.62×
Market median
-587% vs market
20072025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
PE Chief Executive Officer | Chief Executive Officer | 2011 | — | — |
MV Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 100.0% | 100.0% | 2022 | |
Novenco Marine & Offshore A/S | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of NOVENCO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Per Einar Nilsen | Chief Executive Officer | 0 companies |
| Morten Velure | Chief Executive Officer | 0 companies |
| Keunbae Kim | Board of Directors | 0 companies |
| Taehong Kim | Board of Directors | 0 companies |
| Choonsung Lee | Board of Directors | 0 companies |
| Trine Rønnebek Kristiansen | Board of Directors | 0 companies |
| Lasse Lindberg Nielsen | Board of Directors | 0 companies |
| Thomas Jarl Dywremose | Chairman | 0 companies |