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PIPE LINE AS
AS
Active
Org 832488402
Svegeskogen 17B, 4400 Flekkefjord
Wholesale of mining, construction and civil engineering machinery · NACE 4663
Est. 2023
27 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 19,2M
EBITDA margin
5.4%
Equity ratio
19.3%
Financial strength
Net profit 2024
NOK 763K
27 employees
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 19,2M
—
EBITDA
NOK 1M
—
Net profit
NOK 763K
—
Total assets
NOK 5,4M
+13566%
Equity
NOK 1M
+4776%
Employees
27
—
Company information
Legal name
PIPE LINE AS
Org number
832488402
Legal form
Aksjeselskap
NACE code
4663 · Wholesale of mining, construction and civil engineering machinery
Founded
20. november 2023
Share capital
NOK 30 000
Employees
27 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Levere rørsystemer til industrien.
Contact
Address
Svegeskogen 17B, 4400 Flekkefjord
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Companies in Wholesale of mining, construction and civil engineering machinery
Companies in Flekkefjord
All Norway companies
Revenue
NOK millions
0M
5M
11M
16M
22M
0M
2023
19M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
1M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
0
19 246
Staff expenses
−0
−17 171
EBITDA
0
1 031
Depreciation & amort.
−0
−52
EBIT
0
978
Net financials
0
−0
Profit before tax
0
978
Tax
−0
215
Net profit
0
763
Balance sheet
NOK thousands
Item
2023
2024
Total assets
39
5 394
Equity
21
1 039
Long-term debt
0
287
Short-term debt
18
4 068
Total debt
18
4 355
Financial ratios
5-year trend
EBITDA margin
5.4%
This company
15.8%
Market median
-66% vs market
2023
2024
Equity ratio
19.3%
This company
38.2%
Market median
-49% vs market
2023
2024
Return on equity
73.4%
This company
18.4%
Market median
+299% vs market
2023
2024
Net profit margin
4.0%
This company
8.1%
Market median
-51% vs market
2023
2024
Asset turnover
3.57×
This company
1.12×
Market median
+219% vs market
2023
2024
Debt / equity
4.19×
This company
0.62×
Market median
-576% vs market
2023
2024
Annual reports & filings
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
FB
Frode Bakken Bøckman
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JR
Jan Rune Åsly
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Bå Holding As
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
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Company hierarchy
Invertir As
Bå Holding As
PIPE LINE AS
(this company)
Board network connections
Board members of PIPE LINE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frode Bakken Bøckman
Chief Executive Officer
0 companies
Jan Rune Åsly
Chairman
0 companies