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QILOWAT AS
AS
Active
Org 923706615
Engineering activities and related technical consultancy · NACE 7112
Est. 2019
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 208K
+98% vs 2020
EBITDA margin
15.8%
-56% vs 2020
Equity ratio
95.5%
Financial strength
Net profit 2021
NOK 5K
-89% vs 2020
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2019
0M
0%
2020
0M
0%
2021
Key figures
Annual report 2021
Revenue
NOK 208K
+98%
EBITDA
NOK 33K
-56%
Net profit
NOK 5K
-89%
Total assets
NOK 81K
-4%
Equity
NOK 78K
+7%
Employees
0
—
Company information
Legal name
QILOWAT AS
Org number
923706615
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
28. oktober 2019
Share capital
NOK 3 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Company purpose
Salg av energisystemer.
Contact
Address
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
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
Income statement
NOK thousands
Item
2019
2020
2021
Revenue
0
105
208
Staff expenses
−0
−2
−3
EBITDA
−0
75
33
Depreciation & amort.
−0
−15
−26
EBIT
−0
60
7
Net financials
0
0
0
Profit before tax
−0
60
7
Tax
−1
13
2
Net profit
1
47
5
Balance sheet
NOK thousands
Item
2019
2020
2021
Total assets
25
85
81
Equity
25
73
78
Long-term debt
0
2
0
Short-term debt
0
10
4
Total debt
0
12
4
Financial ratios
5-year trend
EBITDA margin
15.8%
This company
15.8%
Market median
+0% vs market
2019
2021
Equity ratio
95.5%
This company
38.2%
Market median
+150% vs market
2019
2021
Return on equity
6.7%
This company
18.4%
Market median
-64% vs market
2019
2021
Net profit margin
2.5%
This company
8.1%
Market median
-69% vs market
2019
2021
Asset turnover
2.55×
This company
1.12×
Market median
+128% vs market
2019
2021
Debt / equity
0.05×
This company
0.62×
Market median
+92% 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 2019-10-07 – 2019-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
OV
Ole Vatsvåg
Chairman
2022
HV
Hjørdis Vatsvåg
Deputy Chairman
2022
Former (1)
TL
Tor Line
Chairman
2019 – 2022
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 QILOWAT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ole Vatsvåg
Chairman
0 companies
Hjørdis Vatsvåg
Deputy Chairman
0 companies
Tor Line
Chairman
0 companies