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ASActiveOrg 819409242Hegdalringen 25, 3261 LarvikWholesale of other machinery and equipment · NACE 4664Est. 197917 employees
Revenue 2025
NOK 108,5M
+2% vs 2024
EBITDA margin
-0.1%
-102% vs 2024
Equity ratio
13.2%
Financial strength
Net profit 2025
NOK -523K
-144% vs 2024
| Revenue | NOK 108,5M | +2% |
| EBITDA | NOK -58K | -102% |
| Net profit | NOK -523K | -144% |
| Total assets | NOK 31,1M | +6% |
| Equity | NOK 4,1M | -11% |
| Employees | 17 | — |
Legal name
SPANDEX AS
Org number
819409242
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
31. desember 1979
Share capital
NOK 1 010 000
Employees
17 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-04-30
Financial year
January – December
Address
Hegdalringen 25, 3261 Larvik
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 100 138 | 106 838 | 114 315 | 106 301 | 108 537 |
| Staff expenses | −12 085 | −12 425 | −14 030 | −15 674 | −17 575 |
| EBITDA | 2 154 | 7 133 | 8 370 | 2 565 | −58 |
| Depreciation & amort. | −5 742 | −5 607 | −5 637 | −285 | −247 |
| EBIT | −3 588 | 1 526 | 2 733 | 2 281 | −306 |
| Net financials | −645 | −1 425 | −2 081 | −742 | −510 |
| Profit before tax | −4 233 | 101 | 651 | 1 539 | −816 |
| Tax | 253 | 1 213 | 1 449 | 359 | −293 |
| Net profit | −4 486 | −1 112 | −797 | 1 180 | −523 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 43 110 | 41 066 | 32 382 | 29 214 | 31 058 |
| Equity | 5 350 | 4 238 | 3 441 | 4 621 | 4 098 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 37 760 | 36 828 | 28 942 | 24 593 | 26 960 |
| Total debt | 37 760 | 36 828 | 28 942 | 24 593 | 26 960 |
EBITDA margin
-0.1%
This company
15.8%
Market median
-101% vs market
20212025
Equity ratio
13.2%
This company
38.2%
Market median
-65% vs market
20212025
Return on equity
-12.8%
This company
18.4%
Market median
-170% vs market
20212025
Net profit margin
-0.5%
This company
8.1%
Market median
-106% vs market
20212025
Asset turnover
3.49×
This company
1.12×
Market median
+212% vs market
20212025
Debt / equity
6.58×
This company
0.62×
Market median
-961% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2024-05-01 – 2025-04-30
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2023-05-01 – 2024-04-30
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2022-05-01 – 2023-04-30
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2021-05-01 – 2022-04-30
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2020-05-01 – 2021-04-30
| Name | Role | Member since |
|---|---|---|
| Former (2) | ||
RT Chief Executive Officer | Chief Executive Officer | 2019 – 2023 |
TV Chief Executive Officer | Chief Executive Officer | 2023 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2025 | |
| Chairman | 2024 | |
| Former (3) | ||
| Chairman | 2023 – 2024 | |
| Chairman | 2019 – 2022 | |
| Board of Directors | 2022 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
R&D Spandex Ab | Company | 100% | 100% | 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 SPANDEX AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Rikard Torp Sells | Chief Executive Officer | 0 companies |
| Trude Vabog Gudbrandsen | Chief Executive Officer | 0 companies |
| Per Halvorsen | Board of Directors | 0 companies |
| Camiel Jacobus Johannes Bosma | Chairman | 0 companies |
| Robert William Jackson | Chairman | 0 companies |
| Rodney Wallace Larson | Board of Directors | 0 companies |
| Andrew David Coulsen | Chairman | 0 companies |