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NOGVA SVOLVÆR A/S
AS
Active
Org 852158182
H Chr Størmersgate 15, 8305 Svolvær
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines · NACE 2811
Est. 1989
10 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 24,1M
+3% vs 2023
EBITDA margin
16.0%
+38% vs 2023
Equity ratio
70.8%
Financial strength
Net profit 2024
NOK 2,9M
+41% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
4M
2020
2M
-50%
2021
3M
+50%
2022
3M
0%
2023
4M
+33%
2024
Key figures
Annual report 2024
Revenue
NOK 24,1M
+3%
EBITDA
NOK 3,8M
+38%
Net profit
NOK 2,9M
+41%
Total assets
NOK 25,5M
+12%
Equity
NOK 18,1M
+3%
Employees
10
—
Company information
Legal name
NOGVA SVOLVÆR A/S
Org number
852158182
Legal form
Aksjeselskap
NACE code
2811 · Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Founded
26. juni 1989
Share capital
—
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
H Chr Størmersgate 15, 8305 Svolvær
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Companies in Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Companies in Vågan
All Norway companies
Revenue
NOK millions
0M
7M
14M
21M
28M
24M
2020
22M
2021
22M
2022
23M
2023
24M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
4M
2020
2M
2021
3M
2022
3M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
23 675
21 594
21 801
23 288
24 066
Staff expenses
−7 461
−6 850
−6 337
−8 046
−6 724
EBITDA
3 979
2 356
2 584
2 772
3 839
Depreciation & amort.
−554
−438
−331
−311
−374
EBIT
3 424
1 917
2 253
2 461
3 464
Net financials
−11
−10
40
170
243
Profit before tax
3 414
1 907
2 293
2 631
3 708
Tax
751
420
504
579
816
Net profit
2 662
1 488
1 789
2 052
2 891
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
23 011
21 014
21 639
22 724
25 543
Equity
15 157
15 865
16 483
17 535
18 087
Long-term debt
0
0
0
0
0
Short-term debt
7 854
5 149
5 156
5 188
7 456
Total debt
7 854
5 149
5 156
5 188
7 456
Financial ratios
5-year trend
EBITDA margin
16.0%
This company
15.8%
Market median
+1% vs market
2020
2024
Equity ratio
70.8%
This company
38.2%
Market median
+85% vs market
2020
2024
Return on equity
16.0%
This company
18.4%
Market median
+13% vs market
2020
2024
Net profit margin
12.0%
This company
8.1%
Market median
+48% vs market
2020
2024
Asset turnover
0.94×
This company
1.12×
Market median
+16% vs market
2020
2024
Debt / equity
0.41×
This company
0.62×
Market median
+34% vs market
2020
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
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TP
Tage Paaske Pedersen
Chief Executive Officer
Chief Executive Officer
2019
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
KP
Kjell Palmar Norvoll
Chairman
2008
RH
Rune Hasund
Board of Directors
2025
Former (2)
PJ
Per Jonny Sjøstrand
Board of Directors
2008 – 2025
LÅ
Lars Åge Nogva
Board of Directors
2008 – 2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Nogva Motorfabrikk As
Company
100%
100%
2024
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Company hierarchy
Akn Invest As
Nogva Motorfabrikk As
NOGVA SVOLVÆR A/S
(this company)
Board network connections
Board members of NOGVA SVOLVÆR A/S also hold positions in
0
other companies.
Person
Role here
Other companies
Tage Paaske Pedersen
Chief Executive Officer
0 companies
Per Jonny Sjøstrand
Board of Directors
0 companies
Kjell Palmar Norvoll
Chairman
0 companies
Lars Åge Nogva
Board of Directors
0 companies
Rune Hasund
Board of Directors
0 companies