Riskpilot← Back to searchSign inGet full accessHYSTAR AS
ASActiveOrg 925767522Veritasveien 5, 1363 HøvikManufacture of other electrical equipment · NACE 2790Est. 202053 employeeswww.hystar.com
Revenue 2024
NOK 14,8M
-39% vs 2023
EBITDA margin
-865.8%
-98% vs 2023
Equity ratio
31.6%
Financial strength
Net profit 2024
NOK -142,7M
-124% vs 2023
| Revenue | NOK 14,8M | -39% |
| EBITDA | NOK -128M | -98% |
| Net profit | NOK -142,7M | -124% |
| Total assets | NOK 281,4M | -1% |
| Equity | NOK 89M | -61% |
| Employees | 53 | — |
Legal name
HYSTAR AS
Org number
925767522
Legal form
Aksjeselskap
NACE code
2790 · Manufacture of other electrical equipment
Founded
13. oktober 2020
Share capital
NOK 2 103 210
Employees
53 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Company purpose
Utvikling, produksjon, salg, utleie, finansiering og vedlikehold av elektrolysører og relaterte produkter, herunder lisenssalg knyttet til slike produkter og relatert teknologi, samt investeringer i andre selskap.
Address
Veritasveien 5, 1363 Høvik
Phone
+4791116773
Website
www.hystar.com
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 | 0 | 7 030 | 20 828 | 24 194 | 14 780 |
| Staff expenses | −256 | −0 | −22 086 | −37 762 | −64 681 |
| EBITDA | −558 | −13 617 | −21 735 | −64 716 | −127 964 |
| Depreciation & amort. | −0 | −16 | −1 668 | −6 420 | −14 727 |
| EBIT | −558 | −13 633 | −23 403 | −71 136 | −142 691 |
| Net financials | 0 | 87 | −519 | 7 380 | −8 |
| Profit before tax | −558 | −13 546 | −23 922 | −63 756 | −142 699 |
| Tax | −264 | −0 | 3 236 | −0 | −0 |
| Net profit | −295 | −10 573 | −27 158 | −63 756 | −142 699 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 20 420 | 55 380 | 53 894 | 283 455 | 281 382 |
| Equity | 8 349 | 44 525 | 25 097 | 229 031 | 88 966 |
| Long-term debt | 0 | 0 | 8 787 | 8 854 | 86 407 |
| Short-term debt | 12 071 | 10 855 | 20 010 | 45 570 | 106 009 |
| Total debt | 12 071 | 10 855 | 28 797 | 54 424 | 192 416 |
EBITDA margin
-865.8%
This company
15.8%
Market median
-5580% vs market
20202024
Equity ratio
31.6%
This company
38.2%
Market median
+17% vs market
20202024
Return on equity
-160.4%
This company
18.4%
Market median
-972% vs market
20202024
Net profit margin
-965.5%
This company
8.1%
Market median
-12020% vs market
20202024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
2.16×
This company
0.62×
Market median
-248% 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 2020-09-17 – 2020-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
FR Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
KA Deputy Member | Deputy Member | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2021 | — | — | |
| Chairman | 2023 | — | — | |
| Chairman | 2025 | — | — | |
| Chairman | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Bnp Paribas | Company | 23.8% | 23.8% | 2024 |
Sintef Venture V As | Company | 22.1% | 22.1% | 2024 |
| Individual | 18.9% | 18.9% | 2022 | |
Marugame As | Company | 10.1% | 10.1% | 2024 |
Firda As | Company | 10.1% | 10.1% | 2024 |
Irrupt As | Company | 8.8% | 8.8% | 2024 |
Aob As | Company | 8.4% | 8.4% | 2024 |
Finindus | Company | 2.8% | 2.8% | 2024 |
Mitsubishi Corporation | Company | 2.8% | 2.8% | 2024 |
Babylonian Holdings Limited | Company | 2.8% | 2.8% | 2024 |
Tb Early Stage Technologies Holdin | Company | 2.0% | 2.0% | 2024 |
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No registered parent or subsidiaries
Board members of HYSTAR AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Fredrik Rolf Mowill | Chief Executive Officer | 0 companies |
| Kevin Arthur Eggers | Deputy Member | 0 companies |
| Eli Grong Aursand | Board of Directors | 0 companies |
| Charles Bartholomew Clark | Board of Directors | 0 companies |
| John Tarje Torvik | Chairman | 0 companies |
| Magnus Pettersen Nordseth | Chairman | 0 companies |
| Geir Førre | Chairman | 0 companies |
| Magnus Thanem Nordseth | Chairman | 0 companies |