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ASActiveOrg 911510413Nedre Fritzøegate 2, 3264 LarvikWholesale of machine tools · NACE 4662Est. 19387 employeeswww.esab.no
Revenue 2024
NOK 133,1M
+11% vs 2023
EBITDA margin
3.8%
+16% vs 2023
Equity ratio
22.9%
Financial strength
Net profit 2024
NOK 5,6M
+22% vs 2023
| Revenue | NOK 133,1M | +11% |
| EBITDA | NOK 5,1M | +16% |
| Net profit | NOK 5,6M | +22% |
| Total assets | NOK 39,4M | -10% |
| Equity | NOK 9M | -21% |
| Employees | 7 | — |
Legal name
AS ESAB
Org number
911510413
Legal form
Aksjeselskap
NACE code
4662 · Wholesale of machine tools
Founded
22. april 1938
Share capital
NOK 1 500 000
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg. Daglig leder alene.
Address
Nedre Fritzøegate 2, 3264 Larvik
Phone
+4733121000
Email
ordre@esab.no
Website
www.esab.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 | 89 064 | 97 049 | 107 682 | 119 459 | 133 079 |
| Staff expenses | −8 152 | −6 913 | −8 700 | −8 569 | −8 140 |
| EBITDA | −1 082 | 4 744 | 2 208 | 4 366 | 5 060 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −8 |
| EBIT | −1 082 | 4 744 | 2 208 | 4 366 | 5 052 |
| Net financials | −472 | 394 | 122 | 246 | 575 |
| Profit before tax | −1 554 | 5 139 | 2 330 | 4 613 | 5 627 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | −1 554 | 5 139 | 2 330 | 4 613 | 5 627 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 33 028 | 39 335 | 39 706 | 43 789 | 39 384 |
| Equity | 14 819 | 19 958 | 22 288 | 11 401 | 9 028 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 18 209 | 19 377 | 17 418 | 32 388 | 30 356 |
| Total debt | 18 209 | 19 377 | 17 418 | 32 388 | 30 356 |
EBITDA margin
3.8%
This company
15.8%
Market median
-76% vs market
20202024
Equity ratio
22.9%
This company
38.2%
Market median
-40% vs market
20202024
Return on equity
62.3%
This company
18.4%
Market median
+239% vs market
20202024
Net profit margin
4.2%
This company
8.1%
Market median
-48% vs market
20202024
Asset turnover
3.38×
This company
1.12×
Market median
+202% vs market
20202024
Debt / equity
3.36×
This company
0.62×
Market median
-442% 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 (1) | ||
PM Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (1) | ||
SJ Chief Executive Officer | Chief Executive Officer | 2015 – 2021 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2021 | |
| Board of Directors | 2025 | |
| Chairman | 2024 | |
| Former (2) | ||
| Chairman | 2021 – 2024 | |
| Chairman | 2024 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Exelvia International Holding Bv | 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 AS ESAB also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Per Mikael Mimer | Chief Executive Officer | 0 companies |
| Sten Johan Magnus Wallin | Chief Executive Officer | 0 companies |
| Kevin Joseph Johnson | Board of Directors | 0 companies |
| Ellen Andersskog Lejdström | Board of Directors | 0 companies |
| Christopher Edwin Mansell | Chairman | 0 companies |
| Sten Anders Bengtsson | Chairman | 0 companies |
| Kjetil Hansen | Chairman | 0 companies |