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LINNEA AS
AS
Active
Org 898546772
Lensmannssvingen 20, 2480 Koppang
Support services to forestry · NACE 0240
Est. 2012
36 employees
www.linnea.as
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 34,8M
+26% vs 2023
EBITDA margin
15.5%
+65% vs 2023
Equity ratio
20.3%
Financial strength
Net profit 2024
NOK 3,7M
+73% vs 2023
EBITDA — year on year
NOK millions
6M
5M
3M
2M
0M
3M
2020
1M
-67%
2021
3M
+200%
2022
3M
0%
2023
5M
+67%
2024
Key figures
Annual report 2024
Revenue
NOK 34,8M
+26%
EBITDA
NOK 5,4M
+65%
Net profit
NOK 3,7M
+73%
Total assets
NOK 15,7M
+10%
Equity
NOK 3,2M
+28%
Employees
36
—
Company information
Legal name
LINNEA AS
Org number
898546772
Legal form
Aksjeselskap
NACE code
0240 · Support services to forestry
Founded
26. juni 2012
Share capital
NOK 30 000
Employees
36 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Drive med skogsbruk, skogsbrukstjenester samt tilrettlagte utmarktjenester / guiding samt alt som faller naturlig innunder dette.
Contact
Address
Lensmannssvingen 20, 2480 Koppang
Website
www.linnea.as
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Support services to forestry
Companies in Stor-Elvdal
All Norway companies
Revenue
NOK millions
0M
10M
20M
30M
40M
15M
2020
14M
2021
29M
2022
28M
2023
35M
2024
EBITDA
NOK millions
0M
1M
3M
4M
6M
3M
2020
1M
2021
3M
2022
3M
2023
5M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
15 414
13 629
28 650
27 565
34 813
Staff expenses
−5 684
−5 976
−11 209
−13 048
−15 427
EBITDA
3 053
1 236
2 972
3 281
5 403
Depreciation & amort.
−178
−248
−282
−342
−422
EBIT
2 875
988
2 689
2 939
4 981
Net financials
−115
−111
−151
−197
−232
Profit before tax
2 760
877
2 538
2 742
4 749
Tax
612
193
561
605
1 047
Net profit
2 149
684
1 977
2 137
3 702
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 532
7 966
13 953
14 241
15 655
Equity
2 281
1 965
2 442
2 479
3 181
Long-term debt
3 147
2 998
2 870
2 997
3 095
Short-term debt
4 104
3 003
8 642
8 765
9 379
Total debt
7 251
6 001
11 512
11 762
12 474
Financial ratios
5-year trend
EBITDA margin
15.5%
This company
15.8%
Market median
+2% vs market
2020
2024
Equity ratio
20.3%
This company
38.2%
Market median
-47% vs market
2020
2024
Return on equity
116.4%
This company
18.4%
Market median
+533% vs market
2020
2024
Net profit margin
10.6%
This company
8.1%
Market median
+31% vs market
2020
2024
Asset turnover
2.22×
This company
1.12×
Market median
+98% vs market
2020
2024
Debt / equity
3.92×
This company
0.62×
Market median
-532% 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)
OA
Ole Arne Hagen
Chief Executive Officer
Chief Executive Officer
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TR
Tom Rune Engen
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Dagfinn Nybakk Riseth
Individual
10%
10%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of LINNEA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ole Arne Hagen
Chief Executive Officer
0 companies
Tom Rune Engen
Chairman
0 companies