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RIECON AS
AS
Active
Org 921401175
Hvamsvingen 4, 2013 Skjetten
Engineering activities and related technical consultancy · NACE 7112
Est. 2018
6 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 9,2M
+22% vs 2020
EBITDA margin
13.5%
-52% vs 2020
Equity ratio
42.5%
Financial strength
Net profit 2021
NOK 919K
-54% vs 2020
EBITDA — year on year
NOK millions
0M
1M
2M
3M
4M
1M
2019
3M
+200%
2020
1M
-67%
2021
Key figures
Annual report 2021
Revenue
NOK 9,2M
+22%
EBITDA
NOK 1,2M
-52%
Net profit
NOK 919K
-54%
Total assets
NOK 5,5M
+34%
Equity
NOK 2,4M
+5%
Employees
6
—
Company information
Legal name
RIECON AS
Org number
921401175
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
14. september 2018
Share capital
NOK 3 000 000
Employees
6 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Miljø og energirådgivning.
Contact
Address
Hvamsvingen 4, 2013 Skjetten
Phone
+4767906000
Risika for professionals
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Companies in Engineering activities and related technical consultancy
Companies in Lillestrøm
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
4M
2019
8M
2020
9M
2021
EBITDA
NOK millions
0M
1M
2M
3M
3M
1M
2019
3M
2020
1M
2021
Income statement
NOK thousands
Item
2019
2020
2021
Revenue
4 383
7 540
9 218
Staff expenses
−1 542
−1 831
−3 347
EBITDA
815
2 577
1 247
Depreciation & amort.
−5
−31
−66
EBIT
810
2 546
1 181
Net financials
−0
−3
−3
Profit before tax
810
2 542
1 178
Tax
179
560
260
Net profit
630
1 983
919
Balance sheet
NOK thousands
Item
2019
2020
2021
Total assets
1 968
4 144
5 545
Equity
655
2 237
2 356
Long-term debt
4
10
0
Short-term debt
1 309
1 897
3 189
Total debt
1 314
1 907
3 189
Financial ratios
5-year trend
EBITDA margin
13.5%
This company
15.8%
Market median
-15% vs market
2019
2021
Equity ratio
42.5%
This company
38.2%
Market median
+11% vs market
2019
2021
Return on equity
39.0%
This company
18.4%
Market median
+112% vs market
2019
2021
Net profit margin
10.0%
This company
8.1%
Market median
+23% vs market
2019
2021
Asset turnover
1.66×
This company
1.12×
Market median
+48% vs market
2019
2021
Debt / equity
1.35×
This company
0.62×
Market median
-118% vs market
2019
2021
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
RJ
Rune Johan Førland
Chief Executive Officer
Chief Executive Officer
2018
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
IH
Ingeborg Hegland
Chairman
2018
—
—
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of RIECON AS also hold positions in
0
other companies.
Person
Role here
Other companies
Rune Johan Førland
Chief Executive Officer
0 companies
Ingeborg Hegland
Chairman
0 companies