Riskpilot← Back to searchSign inGet full accessNORSK RENEWABLES AS
ASActiveOrg 819113912Haakon Viis Gate 8, 4005 StavangerEngineering activities and related technical consultancy · NACE 7112Est. 20178 employees
Revenue 2024
NOK 8,6M
+836% vs 2023
EBITDA margin
4.9%
+101% vs 2023
Equity ratio
37.1%
Financial strength
Net profit 2024
NOK -58M
-43% vs 2023
| Revenue | NOK 8,6M | +836% |
| EBITDA | NOK 420K | +101% |
| Net profit | NOK -58M | -43% |
| Total assets | NOK 160,8M | +4% |
| Equity | NOK 59,6M | -23% |
| Employees | 8 | — |
Legal name
NORSK RENEWABLES AS
Org number
819113912
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
9. juni 2017
Share capital
NOK 2 091 057
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Etablere og drive virksomhet innen utvikling og produksjon av fornybar energi og alt hva dermed kan forbindes, inkludert investering i teknologi og selskaper.
Address
Haakon Viis Gate 8, 4005 Stavanger
Phone
+4790070126
Email
contact@norsksolar.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 2 330 | 36 408 | 1 717 | 920 | 8 609 |
| Staff expenses | −7 167 | −0 | −0 | −0 | −0 |
| EBITDA | −10 853 | −29 489 | −24 960 | −41 520 | 420 |
| Depreciation & amort. | −1 325 | −144 | −17 890 | −775 | −20 474 |
| EBIT | −12 178 | −29 633 | −42 850 | −42 295 | −20 054 |
| Net financials | −924 | 2 422 | −8 405 | 1 746 | −37 500 |
| Profit before tax | −13 102 | −27 211 | −51 255 | −40 549 | −57 554 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | −13 102 | −27 623 | −51 388 | −40 595 | −57 975 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 64 145 | 183 952 | 168 819 | 155 074 | 160 786 |
| Equity | 53 141 | 169 157 | 117 775 | 77 185 | 59 648 |
| Long-term debt | 6 495 | 5 002 | 42 500 | 23 500 | 22 500 |
| Short-term debt | 4 509 | 9 794 | 8 544 | 54 390 | 78 638 |
| Total debt | 11 004 | 14 795 | 51 044 | 77 890 | 101 138 |
EBITDA margin
4.9%
This company
15.8%
Market median
-69% vs market
20202024
Equity ratio
37.1%
This company
38.2%
Market median
+3% vs market
20202024
Return on equity
-97.2%
This company
18.4%
Market median
-628% vs market
20202024
Net profit margin
-673.4%
This company
8.1%
Market median
-8414% vs market
20202024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
1.70×
This company
0.62×
Market median
-174% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TE Chief Executive Officer | Chief Executive Officer | 2023 |
| Former (1) | ||
ØL Chief Executive Officer | Chief Executive Officer | 2017 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2021 | |
| Board of Directors | 2025 | |
| Board of Directors | 2021 | |
| Board of Directors | 2021 | |
| Chairman | 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 67.07% | 67.07% | 2024 | |
| Individual | 6.66% | 6.66% | 2022 | |
Bank Pictet & Cie (Europe) Ag | Company | 6.57% | 6.57% | 2023 |
| Company | 1.91% | 1.91% | 2024 | |
| Company | 1.8% | 1.8% | 2024 | |
| Company | 4.78% | 4.78% | 2024 | |
| Company | 3.67% | 3.67% | 2024 | |
| Company | 1.26% | 1.26% | 2024 | |
| Company | 2.71% | 2.71% | 2024 | |
Bank Pictet & Cie (Europe) Ag | Company | 2.38% | 2.38% | 2024 |
| Individual | 2.13% | 2.13% | 2022 | |
Caceis Bank | Company | 2.46% | 2.46% | 2024 |
| Company | 1.67% | 1.67% | 2024 | |
| Company | 2.12% | 2.12% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
NORSK RENEWABLES AS 
NORSK SOLAR EPC ASBoard members of NORSK RENEWABLES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Torbjørn Elliot Kirkeby-Garstad | Chief Executive Officer | 0 companies |
| Øyvind Laugen Vesterdal | Chief Executive Officer | 0 companies |
| Nils Petter Skaset | Board of Directors | 0 companies |
| Joakim Brønner Johnsen | Board of Directors | 0 companies |
| Kristin Skofteland | Board of Directors | 0 companies |
| Kari Mercedes Campos Johansen De Fremme | Board of Directors | 0 companies |
| Pål Selboe Valseth | Chairman | 0 companies |