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ASActiveOrg 915662323Vassbotnen 19, 4033 StavangerConstruction of residential and non-residential buildings · NACE 4100Est. 201534 employees
Revenue 2025
NOK 96,5M
-10% vs 2024
EBITDA margin
10.1%
+447% vs 2024
Equity ratio
22.6%
Financial strength
Net profit 2025
NOK 7,6M
+389% vs 2024
| Revenue | NOK 96,5M | -10% |
| EBITDA | NOK 9,7M | +447% |
| Net profit | NOK 7,6M | +389% |
| Total assets | NOK 32,1M | +30% |
| Equity | NOK 7,3M | +9% |
| Employees | 34 | — |
Legal name
DEVO AS
Org number
915662323
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
14. juli 2015
Share capital
NOK 1 500 000
Employees
34 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap, eller daglig leder og styrets leder i fellesskap.
Company purpose
Entreprenør- og byggevirksomhet, samt annet som naturlig faller sammen med dette.
Address
Vassbotnen 19, 4033 Stavanger
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 72 278 | 97 230 | 99 904 | 106 692 | 96 452 |
| Staff expenses | −19 704 | −20 832 | −23 618 | −24 714 | −26 502 |
| EBITDA | 3 765 | 8 195 | 1 974 | 1 781 | 9 736 |
| Depreciation & amort. | −50 | −63 | −85 | −117 | −360 |
| EBIT | 3 715 | 8 132 | 1 889 | 1 663 | 9 376 |
| Net financials | 3 | 16 | 146 | 338 | 411 |
| Profit before tax | 3 719 | 8 148 | 2 034 | 2 002 | 9 787 |
| Tax | 818 | 1 794 | 453 | 442 | 2 164 |
| Net profit | 2 901 | 6 355 | 1 582 | 1 559 | 7 623 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 23 231 | 29 885 | 27 141 | 24 726 | 32 074 |
| Equity | 5 137 | 5 991 | 6 573 | 6 632 | 7 256 |
| Long-term debt | 1 319 | 1 384 | 151 | 428 | 306 |
| Short-term debt | 16 775 | 22 510 | 20 417 | 17 665 | 24 512 |
| Total debt | 18 094 | 23 894 | 20 568 | 18 093 | 24 819 |
EBITDA margin
10.1%
This company
15.8%
Market median
-36% vs market
20212025
Equity ratio
22.6%
This company
38.2%
Market median
-41% vs market
20212025
Return on equity
105.1%
This company
18.4%
Market median
+471% vs market
20212025
Net profit margin
7.9%
This company
8.1%
Market median
-2% vs market
20212025
Asset turnover
3.01×
This company
1.12×
Market median
+169% vs market
20212025
Debt / equity
3.42×
This company
0.62×
Market median
-452% vs market
20212025
- 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
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2024 | |
| Chairman | 2025 | |
| Chairman | 2024 | |
| Former (1) | ||
| Chairman | 2022 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 14% | 14% | 2023 | |
| Individual | 14% | 14% | 2023 | |
| Individual | 10% | 10% | 2023 | |
| Individual | 10% | 10% | 2023 | |
| Individual | 10% | 10% | 2023 | |
| Individual | 7% | 7% | 2023 | |
| Individual | 7% | 7% | 2022 | |
| Individual | 7% | 7% | 2023 | |
| Individual | 7% | 7% | 2023 | |
| Individual | 7% | 7% | 2023 | |
| Individual | 7% | 7% | 2023 | |
| Individual | 7% | 7% | 2023 |
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 DEVO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kjetil Sedberg | Board of Directors | 0 companies |
| Andreas Lien | Chairman | 0 companies |
| Jarle Hille Abrahamsen | Chairman | 0 companies |
| Bjarne Bekkeheien | Chairman | 0 companies |