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MOREWATER AS
AS
Active
Org 914909872
Flovikhaugvegen 5, 6456 Skåla
Other specialised construction activities n.e.c. · NACE 4399
Est. 2015
1 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 964K
-14% vs 2023
EBITDA margin
-4.9%
-151% vs 2023
Equity ratio
30.7%
Financial strength
Net profit 2024
NOK -47K
-170% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 964K
-14%
EBITDA
NOK -48K
-151%
Net profit
NOK -47K
-170%
Total assets
NOK 477K
-21%
Equity
NOK 147K
-24%
Employees
1
—
Company information
Legal name
MOREWATER AS
Org number
914909872
Legal form
Aksjeselskap
NACE code
4399 · Other specialised construction activities n.e.c.
Founded
3. februar 2015
Share capital
NOK 60 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Roger løvik morewood
Company purpose
Dykkertjenester og andre produkter/tjenester som naturlig hører sammen med dette.
Contact
Address
Flovikhaugvegen 5, 6456 Skåla
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Explore
Companies in Other specialised construction activities n.e.c.
Companies in Molde
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
940
1 041
1 060
1 120
964
Staff expenses
−699
−691
−780
−741
−794
EBITDA
7
111
46
93
−48
Depreciation & amort.
−0
−7
−9
−9
−9
EBIT
6
104
38
84
−56
Net financials
0
−0
0
1
0
Profit before tax
6
104
38
85
−56
Tax
1
23
8
19
−9
Net profit
5
81
30
66
−47
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
400
480
529
601
477
Equity
101
142
157
193
147
Long-term debt
0
6
8
9
0
Short-term debt
299
332
364
398
331
Total debt
299
338
372
407
331
Financial ratios
5-year trend
EBITDA margin
-4.9%
This company
15.8%
Market median
-131% vs market
2020
2024
Equity ratio
30.7%
This company
38.2%
Market median
+20% vs market
2020
2024
Return on equity
-31.7%
This company
18.4%
Market median
-272% vs market
2020
2024
Net profit margin
-4.8%
This company
8.1%
Market median
-159% vs market
2020
2024
Asset turnover
2.02×
This company
1.12×
Market median
+80% vs market
2020
2024
Debt / equity
2.25×
This company
0.62×
Market median
-263% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RL
Roger Løvik Morewood
Chairman
2015
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MOREWATER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Roger Løvik Morewood
Chairman
0 companies