Riskpilot← Back to searchSign inGet full accessAS NORSAND
ASActiveOrg 924590300Nordfjordvegen 3850, 6774 NordfjordeidOperation of gravel and sand pits and mining of clay and kaolin · NACE 0812Est. 197516 employeeswww.norsand.no
Revenue 2024
NOK 20,6M
+23% vs 2023
EBITDA margin
2.4%
+134% vs 2023
Equity ratio
20.1%
Financial strength
Net profit 2024
NOK -967K
+63% vs 2023
| Revenue | NOK 20,6M | +23% |
| EBITDA | NOK 490K | +134% |
| Net profit | NOK -967K | +63% |
| Total assets | NOK 19,9M | +23% |
| Equity | NOK 4M | -20% |
| Employees | 16 | — |
Legal name
AS NORSAND
Org number
924590300
Legal form
Aksjeselskap
NACE code
0812 · Operation of gravel and sand pits and mining of clay and kaolin
Founded
1. juni 1975
Share capital
NOK 4 500 000
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Address
Nordfjordvegen 3850, 6774 Nordfjordeid
Website
www.norsand.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 | 22 118 | 25 707 | 19 509 | 16 699 | 20 594 |
| Staff expenses | −9 719 | −10 696 | −10 228 | −8 253 | −9 004 |
| EBITDA | 3 862 | 1 143 | −2 892 | −1 424 | 490 |
| Depreciation & amort. | −1 110 | −1 010 | −810 | −717 | −709 |
| EBIT | 2 751 | 133 | −3 702 | −2 141 | −219 |
| Net financials | −210 | −141 | −259 | −454 | −749 |
| Profit before tax | 2 541 | −8 | −3 961 | −2 595 | −967 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | 2 541 | −8 | −3 961 | −2 595 | −967 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 19 346 | 18 720 | 16 425 | 16 116 | 19 876 |
| Equity | 11 524 | 11 515 | 7 554 | 4 959 | 3 992 |
| Long-term debt | 4 327 | 3 467 | 4 557 | 4 477 | 11 000 |
| Short-term debt | 3 446 | 3 738 | 4 314 | 6 680 | 4 884 |
| Total debt | 7 773 | 7 205 | 8 871 | 11 156 | 15 884 |
EBITDA margin
2.4%
This company
15.8%
Market median
-85% vs market
20202024
Equity ratio
20.1%
This company
38.2%
Market median
-47% vs market
20202024
Return on equity
-24.2%
This company
18.4%
Market median
-232% vs market
20202024
Net profit margin
-4.7%
This company
8.1%
Market median
-158% vs market
20202024
Asset turnover
1.04×
This company
1.12×
Market median
+7% vs market
20202024
Debt / equity
3.98×
This company
0.62×
Market median
-542% 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) | ||
SR Chief Executive Officer | Chief Executive Officer | 1995 |
| Former (1) | ||
AO Deputy Member | Deputy Member | 2023 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Board of Directors | 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 15% | 15% | 2024 | |
| Individual | 15% | 15% | 2024 | |
| Individual | 7% | 7% | 2024 | |
| Individual | 7% | 7% | 2024 | |
| Individual | 4% | 4% | 2024 | |
| Individual | 3% | 3% | 2024 | |
| Individual | 3% | 3% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
AS NORSAND 
EID BETONG ASBoard members of AS NORSAND also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Astrid Olaug Vedvik | Deputy Member | 0 companies |
| Svein Rune Vedvik | Chief Executive Officer | 0 companies |
| Arild Nord | Board of Directors | 0 companies |