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Fjord Defence AS
AS
Active
Org 918699856
Mølleveien 35, 3140
Nøtterøy
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2017 · 9 years old
20 employees
Monitor
Share
Norway
/
Companies
/
Engineering activities and related technical consultancy
/
Fjord Defence AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
116M
87M
58M
29M
0M
2021: 25M
25M
2021
2022: 25M (0% vs 2021)
25M
0%
2022
2023: 60M (+140% vs 2022)
60M
+140%
2023
2024: 87M (+45% vs 2023)
87M
+45%
2024
2025: 93M (+7% vs 2024)
93M
+7%
2025
EBITDA
NOK millions
22M
17M
11M
6M
0M
2021: 3M
3M
2021
2022: 4M (+33% vs 2021)
4M
+33%
2022
2023: 8M (+100% vs 2022)
8M
+100%
2023
2024: 15M (+88% vs 2023)
15M
+88%
2024
2025: 18M (+20% vs 2024)
18M
+20%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
92 520
86 960
60 458
24 944
24 856
Staff expenses
−7 668
−8 082
−6 012
−3 625
−2 167
EBITDA
18 261
15 400
7 549
3 817
3 234
Depreciation & amort.
−1 072
−1 065
−1 392
−1 286
−411
EBIT
17 189
14 336
6 158
2 531
2 823
Net financials
−1 051
−7
−1 053
−766
−386
Profit before tax
16 138
14 329
5 105
1 764
2 437
Tax
3 314
2 896
892
170
412
Net profit
12 823
11 433
4 213
1 594
2 025
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
83 496
57 140
29 260
31 492
23 087
Equity
20 813
20 018
8 586
4 373
2 778
Long-term debt
9 000
9 000
9 000
9 000
9 000
Short-term debt
53 683
28 121
11 674
18 119
11 309
Total debt
62 683
37 121
20 674
27 119
20 309
Financial ratios
5-year trend
EBITDA margin
19,7 %
This company
15,8 %
Market median
This company
Market median
25% above market
2021
2025
Equity ratio
24,9 %
This company
38,2 %
Market median
This company
Market median
35% below market
2021
2025
Return on equity
61,6 %
This company
18,4 %
Market median
This company
Market median
235% above market
2021
2025
Net profit margin
13,9 %
This company
8,1 %
Market median
This company
Market median
72% above market
2021
2025
Asset turnover
1,11×
This company
1,12×
Market median
This company
Market median
1% below market
2021
2025
Debt / equity
3,01×
This company
0,62×
Market median
This company
Market median
385% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Fjord Defence AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
