Riskpilot← Back to searchSign inGet full accessHYDROGEN SOURCE AS
ASActiveOrg 919419539Bjerkealleen 10, 1363 HøvikEngineering activities and related technical consultancy · NACE 7112Est. 20174 employees
Revenue 2024
NOK 782K
-58% vs 2023
EBITDA margin
-196.3%
-75% vs 2023
Equity ratio
36.9%
Financial strength
Net profit 2024
NOK -1,9M
-129% vs 2023
| Revenue | NOK 782K | -58% |
| EBITDA | NOK -1,5M | -75% |
| Net profit | NOK -1,9M | -129% |
| Total assets | NOK 2,8M | -37% |
| Equity | NOK 1M | -66% |
| Employees | 4 | — |
Legal name
HYDROGEN SOURCE AS
Org number
919419539
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
17. august 2017
Share capital
NOK 61 140
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikle og kommersialisere hydrogen generering teknologi.
Address
Bjerkealleen 10, 1363 Høvik
Phone
+4791361678
Email
info@hydrogen-source.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 50 | 383 | 854 | 2 188 | 2 144 | 1 873 | 782 |
| Staff expenses | −0 | −0 | −764 | −1 563 | −1 477 | −1 134 | −972 | −717 |
| EBITDA | −465 | −968 | −1 003 | −1 648 | −176 | 474 | −875 | −1 536 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −19 |
| EBIT | −465 | −968 | −1 003 | −1 648 | −176 | 474 | −875 | −1 555 |
| Net financials | −0 | 1 | 6 | −2 | 0 | −0 | 26 | −392 |
| Profit before tax | −465 | −967 | −997 | −1 651 | −176 | 474 | −849 | −1 947 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | −465 | −967 | −997 | −1 651 | −176 | 474 | −849 | −1 947 |
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 725 | 3 653 | 2 927 | 1 818 | 1 369 | 2 513 | 4 402 | 2 792 |
| Equity | 569 | 2 953 | 1 957 | 633 | 457 | 961 | 3 059 | 1 031 |
| Long-term debt | 45 | 789 | 790 | 790 | 790 | 996 | 1 161 | 1 161 |
| Short-term debt | 110 | −90 | 180 | 257 | 122 | 556 | 181 | 599 |
| Total debt | 155 | 700 | 970 | 1 047 | 912 | 1 553 | 1 342 | 1 761 |
EBITDA margin
-196.3%
This company
15.8%
Market median
-1342% vs market
20172024
Equity ratio
36.9%
This company
38.2%
Market median
+3% vs market
20172024
Return on equity
-188.8%
This company
18.4%
Market median
-1126% vs market
20172024
Net profit margin
-248.8%
This company
8.1%
Market median
-3172% vs market
20172024
Asset turnover
0.28×
This company
1.12×
Market median
-75% vs market
20172024
Debt / equity
1.71×
This company
0.62×
Market median
-176% vs market
20172024
- 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
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-07-24 – 2017-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
GI Deputy Member | Deputy Member | 2023 | — | — |
KR Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
KM Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
ML Deputy Member | Deputy Member | 2021 | — | — |
ML Deputy Member | Deputy Member | 2022 | — | — |
LS Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Fsg As | Company | 35.5% | 35.5% | 2022 |
Stolt-Nielsen Holding As | Company | 32.7% | 32.7% | 2022 |
Berenskap As | Company | 23.6% | 23.6% | 2022 |
Albatross Investment As | Company | 3.3% | 3.3% | 2022 |
Letron As | Company | 1.6% | 1.6% | 2022 |
Krefting As | Company | 1.6% | 1.6% | 2022 |
Stella As | Company | 1.6% | 1.6% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Berenskap As
HYDROGEN SOURCE AS Board members of HYDROGEN SOURCE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Geir Inge Gjørva | Deputy Member | 0 companies |
| Knut Rudolf Korsell | Chief Executive Officer | 0 companies |
| Kjetil Martin Stuland | Chief Executive Officer | 0 companies |
| Michael Leonidovich Surguchev | Deputy Member | 0 companies |
| Michael Leo Surguchev | Deputy Member | 0 companies |
| Leonid Surguchev | Chief Executive Officer | 0 companies |
| Jacob Stolt-Nielsen | Board of Directors | 0 companies |
| Liv Monica Bargem Stubholt | Board of Directors | 0 companies |
| Sverre Skogen | Board of Directors | 0 companies |