Loading company…
Riskpilot
← Back to search
Sign in
Get full access
VULKAN ENGINEERING AS
AS
Active
Org 919598840
Nydalsveien 28, 0484 Oslo
Engineering activities and related technical consultancy · NACE 7112
Est. 2017
8 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 10M
+39% vs 2023
EBITDA margin
26.2%
+147% vs 2023
Equity ratio
24.2%
Financial strength
Net profit 2024
NOK 2,1M
+176% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
0M
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
3M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 10M
+39%
EBITDA
NOK 2,6M
+147%
Net profit
NOK 2,1M
+176%
Total assets
NOK 17M
+79%
Equity
NOK 4,1M
+108%
Employees
8
—
Company information
Legal name
VULKAN ENGINEERING AS
Org number
919598840
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
4. oktober 2017
Share capital
NOK 48 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Eskil hove meringdal
Company purpose
Kjøp og salg av varer, samt det som naturlig står i forbindelse med dette.
Contact
Address
Nydalsveien 28, 0484 Oslo
Phone
+4791177366
Email
erik@vuleng.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Engineering activities and related technical consultancy
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
3M
2020
4M
2021
4M
2022
7M
2023
10M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
0M
2020
0M
2021
0M
2022
1M
2023
3M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 670
3 677
3 918
7 169
9 983
Staff expenses
−1 815
−2 622
−2 957
−4 306
−4 522
EBITDA
345
414
312
1 057
2 613
Depreciation & amort.
−0
−0
−0
−0
−167
EBIT
345
414
312
1 057
2 445
Net financials
22
3
1
−67
258
Profit before tax
367
416
313
989
2 703
Tax
81
92
69
218
570
Net profit
286
325
244
772
2 133
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 642
1 925
2 194
9 499
16 999
Equity
643
968
1 211
1 983
4 116
Long-term debt
5
0
0
0
0
Short-term debt
994
957
983
7 516
12 883
Total debt
999
957
983
7 516
12 883
Financial ratios
5-year trend
EBITDA margin
26.2%
This company
15.8%
Market median
+66% vs market
2020
2024
Equity ratio
24.2%
This company
38.2%
Market median
-37% vs market
2020
2024
Return on equity
51.8%
This company
18.4%
Market median
+182% vs market
2020
2024
Net profit margin
21.4%
This company
8.1%
Market median
+164% vs market
2020
2024
Asset turnover
0.59×
This company
1.12×
Market median
-47% vs market
2020
2024
Debt / equity
3.13×
This company
0.62×
Market median
-405% 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)
EH
Eskil Hove Meringdal
Chief Executive Officer
Chief Executive Officer
2024
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
ES
Erik Saastad Floberg
Chairman
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hi Flo As
Company
24%
24%
2024
Khanasab Kamalasab Dangi
Individual
9%
9%
2024
Anders Helle Mork
Individual
3.17%
3.17%
2024
Vegard Kleppe Torkelsen
Individual
3.17%
3.17%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
VULKAN ENGINEERING AS
(this company)
VULKAN DIGITAL SOLUTIONS AS
Board network connections
Board members of VULKAN ENGINEERING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Eskil Hove Meringdal
Chief Executive Officer
0 companies
Erik Saastad Floberg
Chairman
0 companies