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OLIMB RØRFORNYING ØST AS
AS
Active
Org 832166332
Semslinna 35, 3170 Sem
Construction of utility projects for fluids · NACE 4221
Est. 2023
1 employees
www.olimb.no
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 4M
-6% vs 2024
EBITDA margin
26.0%
+22% vs 2024
Equity ratio
59.2%
Financial strength
Net profit 2025
NOK 677K
+31% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2023
1M
+100%
2024
1M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 4M
-6%
EBITDA
NOK 1M
+22%
Net profit
NOK 677K
+31%
Total assets
NOK 3,2M
+9%
Equity
NOK 1,9M
+4%
Employees
1
—
Company information
Legal name
OLIMB RØRFORNYING ØST AS
Org number
832166332
Legal form
Aksjeselskap
NACE code
4221 · Construction of utility projects for fluids
Founded
3. oktober 2023
Share capital
NOK 1 800 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-09-30
Financial year
January – December
Signatory rights
Styret i fellesskap. Daglig leder og ett styremedlem i fellesskap.
Company purpose
Entreprenørvirksomhet innenfor spyling, rørinspeksjon og servicearbeider knyttet til dette.
Contact
Address
Semslinna 35, 3170 Sem
Website
www.olimb.no
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Companies in Construction of utility projects for fluids
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All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
0M
2023
4M
2024
4M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
1M
2024
1M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
0
4 281
4 032
Staff expenses
−0
−1 151
−1 214
EBITDA
0
863
1 050
Depreciation & amort.
−0
−241
−246
EBIT
0
621
804
Net financials
0
40
64
Profit before tax
0
661
868
Tax
−0
146
191
Net profit
0
516
677
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
1 800
2 929
3 196
Equity
1 800
1 816
1 893
Long-term debt
0
0
0
Short-term debt
0
1 070
1 263
Total debt
0
1 070
1 263
Financial ratios
5-year trend
EBITDA margin
26.0%
This company
15.8%
Market median
+65% vs market
2023
2025
Equity ratio
59.2%
This company
38.2%
Market median
+55% vs market
2023
2025
Return on equity
35.8%
This company
18.4%
Market median
+95% vs market
2023
2025
Net profit margin
16.8%
This company
8.1%
Market median
+107% vs market
2023
2025
Asset turnover
1.26×
This company
1.12×
Market median
+12% vs market
2023
2025
Debt / equity
0.69×
This company
0.62×
Market median
+11% vs market
2023
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2024-10-01 – 2025-09-30
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2023-10-01 – 2024-09-30
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-09-13 – 2023-09-30
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
EG
Espen Gustavsen
Chief Executive Officer
Chief Executive Officer
2024
Former (1)
GJ
Geir Jensen
Chief Executive Officer
Chief Executive Officer
2023 – 2024
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
LD
Line Dahl Minge Vestby
Chairman
2024
JA
Jesper Aamot Langbraaten
Chairman
2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Olimb Rørfornying Holding As
Company
100%
100%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Olimb Rørfornying Holding As
OLIMB RØRFORNYING ØST AS
(this company)
Board network connections
Board members of OLIMB RØRFORNYING ØST AS also hold positions in
0
other companies.
Person
Role here
Other companies
Geir Jensen
Chief Executive Officer
0 companies
Espen Gustavsen
Chief Executive Officer
0 companies
Line Dahl Minge Vestby
Chairman
0 companies
Jesper Aamot Langbraaten
Chairman
0 companies