Riskpilot← Back to searchSign inGet full accessAERO NORWAY AS
ASActiveOrg 898433072Flyplassvegen 220, 4055 SolaRepair and maintenance of civilian air and spacecraft · NACE 3316Est. 2012233 employeeswww.aeronorway.no
Revenue 2024
NOK 232,5M
+4% vs 2023
EBITDA margin
7.5%
+149% vs 2023
Equity ratio
24.2%
Financial strength
Net profit 2024
NOK 11,5M
+510% vs 2023
| Revenue | NOK 232,5M | +4% |
| EBITDA | NOK 17,3M | +149% |
| Net profit | NOK 11,5M | +510% |
| Total assets | NOK 117,9M | +18% |
| Equity | NOK 28,5M | +67% |
| Employees | 233 | — |
Legal name
AERO NORWAY AS
Org number
898433072
Legal form
Aksjeselskap
NACE code
3316 · Repair and maintenance of civilian air and spacecraft
Founded
30. mai 2012
Share capital
NOK 900 000
Employees
233 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Glenford marston
Company purpose
Reparasjon av flymotorer, og dertil hørende virksomhet.
Address
Flyplassvegen 220, 4055 Sola
Website
www.aeronorway.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 161 538 | 113 049 | 175 011 | 224 570 | 232 487 |
| Staff expenses | −0 | −0 | −22 760 | −21 013 | −20 548 |
| EBITDA | 7 760 | −1 480 | 2 944 | 6 967 | 17 341 |
| Depreciation & amort. | −1 518 | −1 681 | −451 | −1 539 | −1 051 |
| EBIT | 6 243 | −3 161 | 2 492 | 5 427 | 16 289 |
| Net financials | 60 | −569 | −1 364 | −2 546 | −1 453 |
| Profit before tax | 6 302 | −3 731 | 1 128 | 2 881 | 14 836 |
| Tax | 1 830 | −0 | 485 | 999 | 3 357 |
| Net profit | 4 472 | −2 817 | 643 | 1 882 | 11 480 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 50 915 | 84 315 | 94 492 | 99 928 | 117 855 |
| Equity | 17 348 | 14 532 | 15 175 | 17 057 | 28 537 |
| Long-term debt | 18 051 | 28 457 | 27 466 | 26 077 | 23 185 |
| Short-term debt | 15 515 | 41 327 | 51 851 | 56 795 | 66 133 |
| Total debt | 33 566 | 69 783 | 79 317 | 82 871 | 89 318 |
EBITDA margin
7.5%
This company
15.8%
Market median
-53% vs market
20202024
Equity ratio
24.2%
This company
38.2%
Market median
-37% vs market
20202024
Return on equity
40.2%
This company
18.4%
Market median
+118% vs market
20202024
Net profit margin
4.9%
This company
8.1%
Market median
-40% vs market
20202024
Asset turnover
1.97×
This company
1.12×
Market median
+76% vs market
20202024
Debt / equity
3.13×
This company
0.62×
Market median
-405% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- 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
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
ND Chief Executive Officer | Chief Executive Officer | 2023 |
BF Deputy Member | Deputy Member | 2024 |
SA Deputy Member | Deputy Member | 2024 |
MW Deputy Member | Deputy Member | 2024 |
| Former (1) | ||
GM Chief Executive Officer | Chief Executive Officer | 2020 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (8) | ||
| Chairman | 2020 | |
| Board of Directors | 2024 | |
| Board of Directors | 2020 | |
| Board of Directors | 2024 | |
| Board of Directors | 2020 | |
| Board of Directors | 2024 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Former (3) | ||
| Board of Directors | 2020 – 2024 | |
| Board of Directors | 2020 – 2025 | |
| Board of Directors | 2020 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Aero Gulf Cuprus Ltd | 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.
No registered parent or subsidiaries
Board members of AERO NORWAY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Neil Dan Russell | Chief Executive Officer | 0 companies |
| Bente Farstad | Deputy Member | 0 companies |
| Silia Alexandersen | Deputy Member | 0 companies |
| Michael William Cornwall | Deputy Member | 0 companies |
| Glenford Marston | Chief Executive Officer | 0 companies |
| Tariq Ahmad A A Al-Jehani | Chairman | 0 companies |
| Sindre Hermansen Lea | Board of Directors | 0 companies |
| Abdulrahman Tariq A A Al-Jehani | Board of Directors | 0 companies |
| Ingunn Marie Skjæveland | Board of Directors | 0 companies |
| Susanne Lindholm-Storvik | Board of Directors | 0 companies |
| Peter Fredrik Fusdahl | Board of Directors | 0 companies |
| Roger Keith Duquenoy | Board of Directors | 0 companies |
| Kjetil Mo Romarheim | Board of Directors | 0 companies |
| Anette Sigmundstad | Board of Directors | 0 companies |
| Jonny Ueland | Board of Directors | 0 companies |
| Kelly Louise Cole | Board of Directors | 0 companies |