Riskpilot← Back to searchSign inGet full accessMORROW INDUSTRIALIZATION CENTER AS
ASBankruptOrg 914401984Kristian Birkelands Trasé 6, 4849 ArendalManufacture of batteries and accumulators · NACE 2720Est. 2014100 employeeswww.ae.no
Revenue 2024
NOK 78,7M
+59% vs 2023
EBITDA margin
-85.1%
-143% vs 2023
Equity ratio
84.9%
Financial strength
Net profit 2024
NOK -72,4M
-128% vs 2023
| Revenue | NOK 78,7M | +59% |
| EBITDA | NOK -67M | -143% |
| Net profit | NOK -72,4M | -128% |
| Total assets | NOK 1,3B | +66% |
| Equity | NOK 1,1B | +61% |
| Employees | 100 | — |
Legal name
MORROW INDUSTRIALIZATION CENTER AS
Org number
914401984
Legal form
Aksjeselskap
NACE code
2720 · Manufacture of batteries and accumulators
Founded
10. november 2014
Share capital
NOK 100 000
Employees
100 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Produsere, utvikle, distribuere eller selge batterier, og alt som naturlig står i forbindelse med dette herunder eie og investere i selskaper.
Address
Kristian Birkelands Trasé 6, 4849 Arendal
Email
contact@morrowbatteries.com
Website
www.ae.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 | 0 | 0 | 0 | 49 599 | 78 711 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 |
| EBITDA | −7 | −23 | −24 567 | −27 570 | −66 967 |
| Depreciation & amort. | −0 | −0 | −0 | −604 | −4 475 |
| EBIT | −7 | −23 | −24 567 | −28 174 | −71 442 |
| Net financials | 0 | 0 | 64 | 2 251 | −778 |
| Profit before tax | −6 | −23 | −24 503 | −25 923 | −72 220 |
| Tax | −0 | −6 | −0 | −0 | −0 |
| Net profit | −6 | −17 | −19 112 | −31 712 | −72 395 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 95 | 77 | 175 121 | 756 503 | 1 255 414 |
| Equity | 94 | 77 | 163 400 | 662 741 | 1 066 013 |
| Long-term debt | 0 | 0 | 6 645 | 6 645 | 126 645 |
| Short-term debt | 2 | 0 | 5 075 | 87 118 | 62 756 |
| Total debt | 2 | 0 | 11 720 | 93 763 | 189 401 |
EBITDA margin
-85.1%
This company
15.8%
Market median
-639% vs market
20202024
Equity ratio
84.9%
This company
38.2%
Market median
+122% vs market
20202024
Return on equity
-6.8%
This company
18.4%
Market median
-137% vs market
20202024
Net profit margin
-92.0%
This company
8.1%
Market median
-1236% vs market
20202024
Asset turnover
0.06×
This company
1.12×
Market median
-95% vs market
20202024
Debt / equity
0.18×
This company
0.62×
Market median
+71% 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
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Board of Directors | 2023 | |
| Chairman | 2026 | |
| Board of Directors | 2022 | |
| Chairman | 2022 | |
| Former (3) | ||
| Chairman | 2022 – 2022 | |
| Chairman | 2022 – 2022 | |
| Board of Directors | 2022 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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MORROW BATTERIES ASA
MORROW INDUSTRIALIZATION CENTER AS Board members of MORROW INDUSTRIALIZATION CENTER AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kathrine Aalerud | Board of Directors | 0 companies |
| Håkon Ryan Tanem | Chairman | 0 companies |
| Terje Ivar Andersen | Chairman | 0 companies |
| Jon Fold Von Bülow | Chairman | 0 companies |
| Pål Karsten Røed Brun | Board of Directors | 0 companies |
| Dagfinn Breistein Lie | Board of Directors | 0 companies |
| Lars Christian Bacher | Chairman | 0 companies |