Riskpilot← Back to searchSign inGet full accessPALS AS
ASActiveOrg 915101739Billingstadsletta 38, 1396 BillingstadManufacture of grain mill products · NACE 1061Est. 193976 employees
Revenue 2025
NOK 327,2M
+3% vs 2024
EBITDA margin
2.3%
-14% vs 2024
Equity ratio
64.9%
Financial strength
Net profit 2025
NOK 4,7M
-19% vs 2024
| Revenue | NOK 327,2M | +3% |
| EBITDA | NOK 7,6M | -14% |
| Net profit | NOK 4,7M | -19% |
| Total assets | NOK 93,6M | -7% |
| Equity | NOK 60,7M | +8% |
| Employees | 76 | — |
Legal name
PALS AS
Org number
915101739
Legal form
Aksjeselskap
NACE code
1061 · Manufacture of grain mill products
Founded
23. oktober 1939
Share capital
NOK 880 000
Employees
76 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Address
Billingstadsletta 38, 1396 Billingstad
Phone
+4766770500
Email
kundeservice@pals.no
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| Item | 2010 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 261 460 | 268 968 | 276 563 | 278 995 | 279 537 | 262 634 | 236 560 | 233 324 | 220 699 | 245 055 | 301 934 | 310 061 | 316 966 | 327 246 |
| Staff expenses | −53 633 | −56 658 | −50 742 | −54 363 | −53 569 | −57 534 | −51 131 | −58 159 | −49 349 | −55 590 | −62 221 | −63 725 | −61 977 | −60 400 |
| EBITDA | 17 181 | 11 492 | 7 961 | 3 581 | 4 440 | 3 112 | 3 876 | −3 741 | −4 123 | 3 173 | 15 795 | 13 922 | 8 788 | 7 592 |
| Depreciation & amort. | −6 628 | −6 664 | −5 225 | −4 052 | −4 159 | −2 841 | −3 002 | −2 022 | −1 895 | −1 609 | −1 748 | −1 943 | −1 967 | −1 623 |
| EBIT | 10 554 | 4 828 | 2 736 | −471 | 282 | 271 | 875 | −5 763 | −6 018 | 1 564 | 14 047 | 11 978 | 6 821 | 5 969 |
| Net financials | −6 | −946 | −401 | 678 | 278 | −555 | 292 | 343 | −173 | 77 | 1 712 | 1 027 | 713 | 114 |
| Profit before tax | 10 548 | 3 881 | 2 335 | 207 | 560 | −284 | 1 167 | −5 420 | −6 191 | 1 641 | 15 759 | 13 005 | 7 534 | 6 083 |
| Tax | 2 678 | 855 | 680 | 119 | 145 | −55 | 327 | −1 154 | −1 334 | 383 | 3 507 | 2 880 | 1 664 | 1 341 |
| Net profit | 7 869 | 3 026 | 1 655 | 88 | 415 | −229 | 839 | −4 267 | −4 858 | 1 258 | 12 252 | 10 125 | 5 870 | 4 742 |
| Item | 2010 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 139 411 | 114 130 | 119 134 | 100 630 | 99 580 | 98 992 | 97 349 | 93 427 | 90 199 | 97 746 | 117 788 | 105 914 | 100 480 | 93 614 |
| Equity | 69 252 | 55 206 | 55 094 | 68 786 | 69 201 | 69 855 | 70 695 | 66 871 | 62 013 | 66 750 | 68 002 | 56 127 | 55 997 | 60 739 |
| Long-term debt | 41 143 | 28 690 | 32 516 | 614 | 836 | 634 | 839 | 58 | 3 075 | 162 | 0 | 0 | 0 | 0 |
| Short-term debt | 28 144 | 30 158 | 31 496 | 31 229 | 29 543 | 28 503 | 25 815 | 26 499 | 25 111 | 30 834 | 49 786 | 49 787 | 44 483 | 32 875 |
| Total debt | 69 286 | 58 848 | 64 012 | 31 844 | 30 379 | 29 136 | 26 654 | 26 557 | 28 186 | 30 996 | 49 786 | 49 787 | 44 483 | 32 875 |
EBITDA margin
2.3%
This company
15.8%
Market median
-85% vs market
20102025
Equity ratio
64.9%
This company
38.2%
Market median
+70% vs market
20102025
Return on equity
7.8%
This company
18.4%
Market median
-58% vs market
20102025
Net profit margin
1.4%
This company
8.1%
Market median
-83% vs market
20102025
Asset turnover
3.50×
This company
1.12×
Market median
+212% vs market
20102025
Debt / equity
0.54×
This company
0.62×
Market median
+13% vs market
20102025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TP Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2021 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
As Elje | Company | 100.0% | 100.0% | 2024 |
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Rira As
PALS AS Board members of PALS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Trond Petter Aarø | Chief Executive Officer | 0 companies |
| Jens Birger Raanaas | Chairman | 0 companies |
| Lise Cecilie Raanaas Haavind | Board of Directors | 0 companies |
| Per-Sveno Thoresen | Board of Directors | 0 companies |
| Johan Mohn | Board of Directors | 0 companies |