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Ard Innovation AS
AS
Active
Org 818607032
Rådhusplassen 27, 1430
Ås
Research and experimental development on natural sciences and engineering
·
NACE 7210
Est. 2017 · 9 years old
10 employees
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Norway
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Companies
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Research and experimental development on natural sciences and engineering
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Ard Innovation AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
32M
24M
16M
8M
0M
2021: 17M
17M
2021
2022: 14M (-18% vs 2021)
14M
-18%
2022
2023: 18M (+29% vs 2022)
18M
+29%
2023
2024: 25M (+39% vs 2023)
25M
+39%
2024
2025: 26M (+4% vs 2024)
26M
+4%
2025
EBITDA
NOK millions
1M
1M
1M
0M
0M
2021: 0M
0M
2021
2022: 0M
0M
2022
2023: 0M
0M
2023
2024: 1M
1M
2024
2025: 0M (-100% vs 2024)
0M
-100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
26 149
25 439
18 047
13 536
17 336
Staff expenses
−11 575
−9 087
−8 400
−8 047
−7 778
EBITDA
234
656
377
−342
280
Depreciation & amort.
−30
−30
−13
−0
−11
EBIT
205
626
364
−342
269
Net financials
−3
950
3
−1
−8
Profit before tax
201
1 576
367
−343
261
Tax
55
139
1
−0
58
Net profit
146
1 437
366
−343
203
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
13 553
13 736
9 068
6 145
9 707
Equity
4 210
4 063
2 626
2 261
2 604
Long-term debt
0
0
1
0
0
Short-term debt
9 343
9 673
6 441
3 884
7 103
Total debt
9 343
9 673
6 442
3 884
7 103
Financial ratios
5-year trend
EBITDA margin
0,9 %
This company
15,8 %
Market median
This company
Market median
94% below market
2021
2025
Equity ratio
31,1 %
This company
38,2 %
Market median
This company
Market median
19% below market
2021
2025
Return on equity
3,5 %
This company
18,4 %
Market median
This company
Market median
81% below market
2021
2025
Net profit margin
0,6 %
This company
8,1 %
Market median
This company
Market median
93% below market
2021
2025
Asset turnover
1,93×
This company
1,12×
Market median
This company
Market median
72% above market
2021
2025
Debt / equity
2,22×
This company
0,62×
Market median
This company
Market median
258% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Ard Innovation AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
