Riskpilot← Back to searchSign inGet full accessHYDRACO AS
ASActiveOrg 921268785Kanalvegen 8, 4033 StavangerWholesale of other machinery and equipment · NACE 4664Est. 201813 employees
Revenue 2024
NOK 19,4M
-4% vs 2023
EBITDA margin
3.0%
-67% vs 2023
Equity ratio
24.8%
Financial strength
Net profit 2024
NOK 414K
-73% vs 2023
| Revenue | NOK 19,4M | -4% |
| EBITDA | NOK 584K | -67% |
| Net profit | NOK 414K | -73% |
| Total assets | NOK 8M | +24% |
| Equity | NOK 2M | +26% |
| Employees | 13 | — |
Legal name
HYDRACO AS
Org number
921268785
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
21. august 2018
Share capital
NOK 1 000 000
Employees
13 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Drive med salg, import, framstilling av komponenter og systemer samt service- og konsulenttjenester til landbasert industri og offshore, herunder å delta i andre selskaper med lignende virksomhet, kjøp og salg av aksjer, eller på annen måte gjøre seg interessert i andre foretagender.
Address
Kanalvegen 8, 4033 Stavanger
Phone
+4751314100
Email
sales@hydraco.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 8 091 | 9 769 | 13 773 | 20 234 | 19 410 |
| Staff expenses | −2 672 | −3 743 | −4 444 | −6 354 | −7 733 |
| EBITDA | −564 | −598 | −62 | 1 792 | 584 |
| Depreciation & amort. | −55 | −86 | −84 | −89 | −76 |
| EBIT | −619 | −683 | −146 | 1 703 | 508 |
| Net financials | −203 | −46 | −91 | −171 | −69 |
| Profit before tax | −822 | −729 | −238 | 1 533 | 439 |
| Tax | −0 | −0 | −0 | −0 | 25 |
| Net profit | −822 | −729 | −238 | 1 533 | 414 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 3 256 | 2 248 | 3 890 | 6 451 | 8 014 |
| Equity | −1 195 | −1 924 | 43 | 1 576 | 1 990 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 4 451 | 4 172 | 3 847 | 4 875 | 6 024 |
| Total debt | 4 451 | 4 172 | 3 847 | 4 875 | 6 024 |
EBITDA margin
3.0%
This company
15.8%
Market median
-81% vs market
20202024
Equity ratio
24.8%
This company
38.2%
Market median
-35% vs market
20202024
Return on equity
20.8%
This company
18.4%
Market median
+13% vs market
20202024
Net profit margin
2.1%
This company
8.1%
Market median
-74% vs market
20202024
Asset turnover
2.42×
This company
1.12×
Market median
+116% vs market
20202024
Debt / equity
3.03×
This company
0.62×
Market median
-389% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ØB Chief Executive Officer | Chief Executive Officer | 2018 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Board of Directors | 2018 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 98% | 98% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Pt Holding As
HYDRACO AS Board members of HYDRACO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Øivind Bjarne Flæsen | Chief Executive Officer | 0 companies |
| Steinar Flæsen | Board of Directors | 0 companies |