Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Fred. Olsen Renewables AS
AS
Active
Org 921694466
Fred. Olsens gate 2, 0152
Oslo
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2018 · 7 years old
2 employees
Monitor
Share
Norway
/
Companies
/
Engineering activities and related technical consultancy
/
Fred. Olsen Renewables AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
21M
16M
11M
5M
0M
2019: 9M
9M
2019
2020: 10M (+11% vs 2019)
10M
+11%
2020
2021: 11M (+10% vs 2020)
11M
+10%
2021
2022: 11M (0% vs 2021)
11M
0%
2022
2023: 17M (+55% vs 2022)
17M
+55%
2023
EBITDA
NOK millions
1M
1M
1M
0M
0M
2019: 0M
0M
2019
2020: 0M
0M
2020
2021: 1M
1M
2021
2022: 0M (-100% vs 2021)
0M
-100%
2022
2023: 1M
1M
2023
Income statement
NOK thousands
Item
2023
2022
2021
2020
2019
Revenue
16 589
11 433
11 238
10 360
8 903
Staff expenses
−9 369
−8 939
−9 298
−8 417
−6 847
EBITDA
711
436
533
433
309
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
711
436
533
433
309
Net financials
152
55
2
7
14
Profit before tax
863
490
535
440
323
Tax
197
109
118
100
77
Net profit
666
381
417
341
246
Balance sheet
NOK thousands
Item
2023
2022
2021
2020
2019
Total assets
9 298
5 962
4 428
3 899
2 510
Equity
1 000
1 000
1 000
961
973
Long-term debt
0
948
896
391
0
Short-term debt
8 298
4 013
2 532
2 547
1 536
Total debt
8 298
4 962
3 428
2 938
1 536
Financial ratios
5-year trend
EBITDA margin
4,3 %
This company
15,8 %
Market median
This company
Market median
73% below market
2019
2023
Equity ratio
10,8 %
This company
38,2 %
Market median
This company
Market median
72% below market
2019
2023
Return on equity
66,6 %
This company
18,4 %
Market median
This company
Market median
262% above market
2019
2023
Net profit margin
4,0 %
This company
8,1 %
Market median
This company
Market median
51% below market
2019
2023
Asset turnover
1,78×
This company
1,12×
Market median
This company
Market median
59% above market
2019
2023
Debt / equity
8,30×
This company
0,62×
Market median
This company
Market median
>999% above market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2018-10-30 – 2019-12-31
View
PDF
More on Fred. Olsen Renewables AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
