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Ge Renewable Norway AS
AS
Active
Org 889467592
Drammensveien 165, 0277
Oslo
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2006 · 20 years old
39 employees
www.renewables.gepower.com
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Norway
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Companies
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Engineering activities and related technical consultancy
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Ge Renewable Norway AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
247M
185M
123M
62M
0M
2020: 81M
81M
2020
2021: 76M (-6% vs 2020)
76M
-6%
2021
2022: 78M (+3% vs 2021)
78M
+3%
2022
2023: 128M (+64% vs 2022)
128M
+64%
2023
2024: 198M (+55% vs 2023)
198M
+55%
2024
EBITDA
NOK millions
0M
-11M
-22M
-33M
-44M
2020: -35M
-35M
2020
2021: -24M (+31% vs 2020)
-24M
+31%
2021
2022: -25M (-4% vs 2021)
-25M
-4%
2022
2023: -18M (+28% vs 2022)
-18M
+28%
2023
2024: -1M (+94% vs 2023)
-1M
+94%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
197 745
128 023
78 040
75 677
81 282
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−692
−18 398
−24 995
−24 203
−35 419
Depreciation & amort.
−233
−178
−105
−133
−257
EBIT
−925
−18 576
−25 100
−24 336
−35 676
Net financials
−910
−1 509
−674
1 833
1 641
Profit before tax
−1 835
−20 085
−25 774
−22 503
−34 035
Tax
−0
−0
−0
−0
−0
Net profit
−1 835
−20 085
−25 774
−22 503
−34 035
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
221 813
123 317
83 906
80 358
86 458
Equity
−16 597
−14 762
5 323
31 097
53 599
Long-term debt
0
0
0
0
0
Short-term debt
238 410
138 080
78 583
49 262
32 859
Total debt
238 410
138 080
78 583
49 262
32 859
Financial ratios
5-year trend
EBITDA margin
−0,3 %
This company
15,8 %
Market median
This company
Market median
102% below market
2020
2024
Equity ratio
−7,5 %
This company
38,2 %
Market median
This company
Market median
120% below market
2020
2024
Return on equity
—
This company
18,4 %
Market median
This company
Market median
2020
2024
Net profit margin
−0,9 %
This company
8,1 %
Market median
This company
Market median
111% below market
2020
2024
Asset turnover
0,89×
This company
1,12×
Market median
This company
Market median
21% below market
2020
2024
Debt / equity
—
This company
0,62×
Market median
This company
Market median
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
More on Ge Renewable Norway AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network