Riskpilot← Back to searchSign inGet full accessRAGASCO AS
ASActiveOrg 878612752Grøndalsvegen 2, 2830 RaufossManufacture of other plastic products · NACE 2226Est. 1997120 employeeswww.ragasco.com
Revenue 2025
NOK 920,4M
+39% vs 2023
EBITDA margin
17.5%
+48% vs 2023
Equity ratio
67.2%
Financial strength
Net profit 2025
NOK 78,4M
+1% vs 2023
| Revenue | NOK 920,4M | +39% |
| EBITDA | NOK 161,4M | +48% |
| Net profit | NOK 78,4M | +1% |
| Total assets | NOK 544,3M | +18% |
| Equity | NOK 366M | +71% |
| Employees | 120 | — |
Legal name
RAGASCO AS
Org number
878612752
Legal form
Aksjeselskap
NACE code
2226 · Manufacture of other plastic products
Founded
23. mai 1997
Share capital
NOK 42 342 000
Employees
120 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-05-31
Financial year
January – December
Company purpose
Industrivirksomhet og annen virksomhet som hører naturlig sammen med dette. Selskapet skal drives etter forretningsmessige prinsipper. Selskapet kan samarbeide med, opprette og delta i andre selskaper.
Address
Grøndalsvegen 2, 2830 Raufoss
Website
www.ragasco.com
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| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 533 451 | 396 180 | 492 608 | 660 267 | 641 194 | 599 803 | 540 393 | 572 909 | 671 920 | 663 303 | 920 366 |
| Staff expenses | −92 645 | −89 379 | −102 556 | −125 373 | −128 816 | −128 037 | −120 177 | −127 820 | −141 122 | −148 196 | −0 |
| EBITDA | 142 768 | 76 240 | 107 275 | 168 556 | 141 647 | 93 775 | 96 755 | 82 633 | 107 044 | 109 152 | 161 397 |
| Depreciation & amort. | −39 352 | −12 400 | −20 350 | −18 246 | −24 596 | −30 444 | −29 374 | −29 119 | −29 124 | −29 268 | −53 866 |
| EBIT | 103 416 | 63 840 | 86 925 | 150 310 | 117 051 | 63 331 | 67 381 | 53 514 | 77 920 | 79 884 | 107 531 |
| Net financials | 4 002 | −2 549 | 5 044 | −8 850 | −5 598 | −17 098 | −33 404 | −15 801 | −11 638 | 7 804 | −7 736 |
| Profit before tax | 107 418 | 61 291 | 91 969 | 141 460 | 111 453 | 46 233 | 33 977 | 37 713 | 66 282 | 87 688 | 99 795 |
| Tax | 29 037 | 16 601 | 22 459 | 33 263 | 26 919 | 12 622 | 11 972 | 9 778 | 15 922 | 9 760 | −0 |
| Net profit | 78 381 | 44 690 | 69 510 | 108 197 | 84 534 | 33 611 | 22 005 | 27 935 | 50 360 | 77 928 | 78 399 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 391 563 | 311 896 | 367 589 | 454 405 | 405 153 | 402 055 | 375 090 | 407 020 | 460 542 | 461 373 | 544 253 |
| Equity | 50 470 | 61 587 | 93 240 | 94 248 | 98 039 | 85 140 | 67 904 | 88 036 | 137 854 | 214 406 | 365 969 |
| Long-term debt | 127 272 | 107 272 | 124 439 | 85 225 | 70 215 | 134 214 | 153 065 | 152 153 | 168 419 | 88 973 | 0 |
| Short-term debt | 212 317 | 143 037 | 149 910 | 274 690 | 236 649 | 182 353 | 153 618 | 166 629 | 154 269 | 156 943 | 178 284 |
| Total debt | 339 589 | 250 309 | 274 349 | 359 915 | 306 864 | 316 567 | 306 683 | 318 782 | 322 688 | 245 916 | 178 284 |
EBITDA margin
17.5%
This company
15.8%
Market median
+11% vs market
20142025
Equity ratio
67.2%
This company
38.2%
Market median
+76% vs market
20142025
Return on equity
21.4%
This company
18.4%
Market median
+16% vs market
20142025
Net profit margin
8.5%
This company
8.1%
Market median
+5% vs market
20142025
Asset turnover
1.69×
This company
1.12×
Market median
+51% vs market
20142025
Debt / equity
0.49×
This company
0.62×
Market median
+21% vs market
20142025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2025-05-31
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
IK Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
VJ Deputy Member | Deputy Member | 2025 | — | — |
AJ Deputy Member | Deputy Member | 2025 | — | — |
TM Deputy Member | Deputy Member | 2022 | — | — |
OB Deputy Member | Deputy Member | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Deputy Chairman | 2024 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2026 | — | — | |
| Board of Directors | 2022 | — | — | |
| Deputy Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Hexagon Composites Asa | Company | 100.0% | 100.0% | 2023 |
Worthington Enterprises Norway As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Worthington Enterprises Norway As
RAGASCO AS Board members of RAGASCO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Idun Kristine Fridtun | Chief Executive Officer | 0 companies |
| Vegard Jensrud | Deputy Member | 0 companies |
| Anders Johansen Bruneberg | Deputy Member | 0 companies |
| Torgun Marie Myrtrøen | Deputy Member | 0 companies |
| Ole Bjørn Lundhagebakken | Deputy Member | 0 companies |
| Tiago Teixeira Rego De Oliveira | Deputy Chairman | 0 companies |
| Ronny Rebne | Board of Directors | 0 companies |
| Jon Erik Ytreeide Engeset | Chairman | 0 companies |
| Richard James Rashilla Jr | Board of Directors | 0 companies |
| Tone Astrid Lofthus Østerud | Board of Directors | 0 companies |
| Skjalg Sylte Stavheim | Board of Directors | 0 companies |
| Eivind Marius Paulsrud | Board of Directors | 0 companies |
| Emil Mellem Nordsetmoen | Board of Directors | 0 companies |
| James Ross Bowes | Chairman | 0 companies |
| Karen Margaret Romer | Board of Directors | 0 companies |
| Heiko Chudzick | Board of Directors | 0 companies |
| Carla Da Conceicao Moreira De Pinho Aguiar Ferreira Araujo | Board of Directors | 0 companies |
| George Theodore Siedlecki | Board of Directors | 0 companies |
| David Anla Llewellyn Bandele | Deputy Chairman | 0 companies |
| Sindre Rotevatn | Board of Directors | 0 companies |
| Geir Ove Bueide | Board of Directors | 0 companies |