Riskpilot← Back to searchSign inGet full accessAIR PRODUCTS AS
ASActiveOrg 917997500Vige Havnevei 78, 4633 Kristiansand SManufacture of engines and turbines, except aircraft, vehicle and cycle engines · NACE 2811Est. 1978124 employeeswww.airproducts.no
Revenue 2025
NOK 958,8M
+18% vs 2024
EBITDA margin
27.4%
+17% vs 2024
Equity ratio
70.2%
Financial strength
Net profit 2025
NOK 208,2M
+22% vs 2024
| Revenue | NOK 958,8M | +18% |
| EBITDA | NOK 262,6M | +17% |
| Net profit | NOK 208,2M | +22% |
| Total assets | NOK 796,1M | +36% |
| Equity | NOK 559,2M | +59% |
| Employees | 124 | — |
Legal name
AIR PRODUCTS AS
Org number
917997500
Legal form
Aksjeselskap
NACE code
2811 · Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
Founded
26. juni 1978
Share capital
—
Employees
124 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-09-30
Financial year
January – December
Address
Vige Havnevei 78, 4633 Kristiansand S
Website
www.airproducts.no
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 | 445 825 | 501 690 | 701 716 | 815 126 | 958 811 |
| Staff expenses | −61 303 | −71 467 | −103 794 | −113 316 | −135 689 |
| EBITDA | 89 135 | 132 075 | 187 147 | 225 408 | 262 626 |
| Depreciation & amort. | −889 | −886 | −849 | −1 084 | −1 067 |
| EBIT | 88 247 | 131 189 | 186 298 | 224 325 | 261 559 |
| Net financials | 10 105 | 37 661 | −27 681 | −4 809 | 5 458 |
| Profit before tax | 98 352 | 168 850 | 158 617 | 219 516 | 267 017 |
| Tax | 21 658 | 37 195 | 34 995 | 48 335 | 58 811 |
| Net profit | 76 694 | 131 655 | 123 622 | 171 181 | 208 206 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 698 182 | 879 791 | 380 886 | 586 932 | 796 101 |
| Equity | 543 328 | 674 982 | 179 841 | 351 022 | 559 228 |
| Long-term debt | 2 230 | 6 076 | 8 923 | 10 661 | 11 677 |
| Short-term debt | 150 755 | 198 733 | 192 122 | 225 248 | 225 196 |
| Total debt | 152 985 | 204 808 | 201 045 | 235 909 | 236 873 |
EBITDA margin
27.4%
This company
15.8%
Market median
+73% vs market
20212025
Equity ratio
70.2%
This company
38.2%
Market median
+84% vs market
20212025
Return on equity
37.2%
This company
18.4%
Market median
+102% vs market
20212025
Net profit margin
21.7%
This company
8.1%
Market median
+168% vs market
20212025
Asset turnover
1.20×
This company
1.12×
Market median
+7% vs market
20212025
Debt / equity
0.42×
This company
0.62×
Market median
+32% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2024-10-01 – 2025-09-30
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2023-10-01 – 2024-09-30
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2022-10-01 – 2023-09-30
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2021-10-01 – 2022-09-30
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2020-10-01 – 2021-09-30
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JH Chief Executive Officer | Chief Executive Officer | 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
| Board of Directors | 2024 | |
| Chairman | 2023 | |
| Board of Directors | 2023 | |
| Board of Directors | 2024 | |
| Board of Directors | 2023 | |
| Board of Directors | 2026 | |
| Former (7) | ||
| Board of Directors | 2018 – 2021 | |
| Board of Directors | 2023 – 2024 | |
| Board of Directors | 2022 – 2022 | |
| Board of Directors | 2018 – 2021 | |
| Board of Directors | 2023 – 2024 | |
| Chairman | 2023 – 2023 | |
| Board of Directors | 2022 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Air Products Holdings B.V. | 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 AIR PRODUCTS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jostein Hageland | Chief Executive Officer | 0 companies |
| Solveig Østerbø | Board of Directors | 0 companies |
| Erin Marie Sorensen | Chairman | 0 companies |
| Charles Talman Page | Board of Directors | 0 companies |
| Bruce William Baxter | Board of Directors | 0 companies |
| Nina Beathe Kristiansen | Board of Directors | 0 companies |
| Pål Martin Haddeland | Board of Directors | 0 companies |
| Vidar Østerberg | Board of Directors | 0 companies |
| Damian John Meadows | Board of Directors | 0 companies |
| Christer Haugland | Board of Directors | 0 companies |
| Atle Hjemdal | Board of Directors | 0 companies |
| Tom Cantero | Chairman | 0 companies |
| James Robert Andrew | Board of Directors | 0 companies |
| Karen Lee Castillo | Board of Directors | 0 companies |