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E INNOVATION NORGE AS
AS
Active
Org 897898322
Kanalarmen 10, 4033 Stavanger
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 2012
0 employees
www.einnovation.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 48,9M
+5% vs 2023
EBITDA margin
44.2%
-8% vs 2023
Equity ratio
15.5%
Financial strength
Net profit 2024
NOK 14,4M
0% vs 2023
EBITDA — year on year
NOK millions
34M
25M
17M
8M
0M
8M
2020
14M
+75%
2021
27M
+93%
2022
23M
-15%
2023
22M
-4%
2024
Key figures
Annual report 2024
Revenue
NOK 48,9M
+5%
EBITDA
NOK 21,6M
-8%
Net profit
NOK 14,4M
+0%
Total assets
NOK 29,5M
-11%
Equity
NOK 4,6M
-11%
Employees
0
—
Company information
Legal name
E INNOVATION NORGE AS
Org number
897898322
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
30. januar 2012
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Produksjon, salg og utleie av utstyr til olje og gassindustrien.
Contact
Address
Kanalarmen 10, 4033 Stavanger
Website
www.einnovation.no
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Explore
Companies in Support activities for petroleum and natural gas extraction
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
14M
28M
42M
56M
20M
2020
29M
2021
44M
2022
47M
2023
49M
2024
EBITDA
NOK millions
0M
8M
16M
23M
31M
8M
2020
14M
2021
27M
2022
23M
2023
22M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
19 902
29 047
43 985
46 766
48 898
Staff expenses
−4 407
−6 048
−6 998
−9 843
−12 303
EBITDA
8 279
14 033
27 397
23 396
21 603
Depreciation & amort.
−6 623
−6 588
−5 459
−5 128
−3 893
EBIT
1 655
7 445
21 938
18 267
17 710
Net financials
22
−5
98
249
714
Profit before tax
1 678
7 440
22 037
18 516
18 424
Tax
369
1 637
4 854
4 082
3 987
Net profit
1 309
5 803
17 183
14 434
14 437
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
32 595
30 678
38 596
33 135
29 486
Equity
18 113
11 577
9 734
5 144
4 559
Long-term debt
1 820
940
241
0
0
Short-term debt
12 661
18 161
28 620
27 991
24 927
Total debt
14 481
19 101
28 862
27 991
24 927
Financial ratios
5-year trend
EBITDA margin
44.2%
This company
15.8%
Market median
+180% vs market
2020
2024
Equity ratio
15.5%
This company
38.2%
Market median
-59% vs market
2020
2024
Return on equity
316.7%
This company
18.4%
Market median
+1621% vs market
2020
2024
Net profit margin
29.5%
This company
8.1%
Market median
+264% vs market
2020
2024
Asset turnover
1.66×
This company
1.12×
Market median
+48% vs market
2020
2024
Debt / equity
5.47×
This company
0.62×
Market median
-782% 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)
ØN
Øyvind Næss Johannessen
Chief Executive Officer
Chief Executive Officer
2015
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EH
Evald Holstad
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Air2work As
Company
100%
100%
2022
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Company hierarchy
E Holstad Holding As
E Innovation As
Air2work As
E INNOVATION NORGE AS
(this company)
Board network connections
Board members of E INNOVATION NORGE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øyvind Næss Johannessen
Chief Executive Officer
0 companies
Evald Holstad
Chairman
0 companies