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NORDVEST PROPELLER AS
AS
Active
Org 918568689
Sjukenesstranda 2, 6037 Eidsnes
Repair and maintenance of civilian ships and boats · NACE 3315
Est. 2017
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 5,6M
+22% vs 2023
EBITDA margin
41.0%
+83% vs 2023
Equity ratio
75.1%
Financial strength
Net profit 2024
NOK 1,8M
+87% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
0M
-100%
2021
1M
+100%
2022
1M
0%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 5,6M
+22%
EBITDA
NOK 2,3M
+83%
Net profit
NOK 1,8M
+87%
Total assets
NOK 5,8M
+63%
Equity
NOK 4,3M
+69%
Employees
2
—
Company information
Legal name
NORDVEST PROPELLER AS
Org number
918568689
Legal form
Aksjeselskap
NACE code
3315 · Repair and maintenance of civilian ships and boats
Founded
15. februar 2017
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller styrets leder alene.
Company purpose
Reparasjon og vedlikehold av deler av skip og båter, samt annet som står i denne forbindelse.
Contact
Address
Sjukenesstranda 2, 6037 Eidsnes
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Companies in Repair and maintenance of civilian ships and boats
Companies in Sula
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
3M
2020
3M
2021
4M
2022
5M
2023
6M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
0M
2021
1M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 357
2 738
3 548
4 540
5 555
Staff expenses
−1 150
−1 096
−1 082
−1 073
−1 237
EBITDA
587
37
704
1 243
2 277
Depreciation & amort.
−74
−76
−30
−30
−11
EBIT
514
−40
673
1 213
2 267
Net financials
3
3
3
2
0
Profit before tax
516
−36
677
1 214
2 267
Tax
114
−8
149
268
499
Net profit
402
−28
528
947
1 768
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 115
1 724
2 234
3 526
5 762
Equity
1 112
1 084
1 612
2 559
4 326
Long-term debt
0
0
0
0
0
Short-term debt
1 002
639
623
967
1 436
Total debt
1 002
639
623
967
1 436
Financial ratios
5-year trend
EBITDA margin
41.0%
This company
15.8%
Market median
+159% vs market
2020
2024
Equity ratio
75.1%
This company
38.2%
Market median
+97% vs market
2020
2024
Return on equity
40.9%
This company
18.4%
Market median
+122% vs market
2020
2024
Net profit margin
31.8%
This company
8.1%
Market median
+293% vs market
2020
2024
Asset turnover
0.96×
This company
1.12×
Market median
+14% vs market
2020
2024
Debt / equity
0.33×
This company
0.62×
Market median
+47% 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
Name
Role
Member since
Current (1)
SB
Stian Beite Drønnen
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
KK
Kristian Kvasnes Drønnen
Chairman
2017
NB
Nils Bjarne Fet
Board of Directors
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vegsund Slip As
Company
100%
100%
2024
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Company hierarchy
Srd Holding As
Vegsund Slip Holding As
Vegsund Slip As
NORDVEST PROPELLER AS
(this company)
Board network connections
Board members of NORDVEST PROPELLER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Stian Beite Drønnen
Chief Executive Officer
0 companies
Kristian Kvasnes Drønnen
Chairman
0 companies
Nils Bjarne Fet
Board of Directors
0 companies