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Cadel Solutions AS
AS
Active
Org 918679235
Gamle Forusveien 8, 4031
Stavanger
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2017 · 9 years old
10 employees
www.cadel.no
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Norway
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Companies
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Engineering activities and related technical consultancy
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Cadel Solutions AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
31M
23M
16M
8M
0M
2020: 7M
7M
2020
2021: 11M (+57% vs 2020)
11M
+57%
2021
2022: 14M (+27% vs 2021)
14M
+27%
2022
2023: 18M (+29% vs 2022)
18M
+29%
2023
2024: 25M (+39% vs 2023)
25M
+39%
2024
EBITDA
NOK millions
7M
6M
4M
2M
0M
2020: 2M
2M
2020
2021: 3M (+50% vs 2020)
3M
+50%
2021
2022: 4M (+33% vs 2021)
4M
+33%
2022
2023: 5M (+25% vs 2022)
5M
+25%
2023
2024: 6M (+20% vs 2023)
6M
+20%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
25 228
17 934
13 803
10 862
6 588
Staff expenses
−11 319
−8 077
−7 037
−6 061
−3 919
EBITDA
6 272
5 040
3 883
2 563
2 006
Depreciation & amort.
−62
−47
−41
−41
−38
EBIT
6 210
4 993
3 842
2 522
1 968
Net financials
214
111
−58
0
0
Profit before tax
6 424
5 104
3 784
2 522
1 968
Tax
1 398
1 111
858
563
414
Net profit
5 026
3 993
2 926
1 958
1 554
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
11 568
9 240
7 119
5 115
3 235
Equity
2 244
1 629
1 108
731
408
Long-term debt
0
0
0
0
0
Short-term debt
9 324
7 612
6 011
4 384
2 827
Total debt
9 324
7 612
6 011
4 384
2 827
Financial ratios
5-year trend
EBITDA margin
24,9 %
This company
15,8 %
Market median
This company
Market median
58% above market
2020
2024
Equity ratio
19,4 %
This company
38,2 %
Market median
This company
Market median
49% below market
2020
2024
Return on equity
223,9 %
This company
18,4 %
Market median
This company
Market median
>999% above market
2020
2024
Net profit margin
19,9 %
This company
8,1 %
Market median
This company
Market median
146% above market
2020
2024
Asset turnover
2,18×
This company
1,12×
Market median
This company
Market median
95% above market
2020
2024
Debt / equity
4,15×
This company
0,62×
Market median
This company
Market median
569% above 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
More on Cadel Solutions AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
