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QUEST INNOVATE AS
AS
Active
Org 925927104
Opstadveien 11C, 4331 Ålgård
Other manufacturing n.e.c. · NACE 3299
Est. 2020
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,6M
-7% vs 2023
EBITDA margin
-3.5%
-116% vs 2023
Equity ratio
24.3%
Financial strength
Net profit 2024
NOK -276K
-366% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,6M
-7%
EBITDA
NOK -56K
-116%
Net profit
NOK -276K
-366%
Total assets
NOK 438K
-62%
Equity
NOK 107K
-72%
Employees
1
—
Company information
Legal name
QUEST INNOVATE AS
Org number
925927104
Legal form
Aksjeselskap
NACE code
3299 · Other manufacturing n.e.c.
Founded
17. november 2020
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikle utstyr og metoder for prototype-utvikling, små og mellomstore serier. Deltakelse i annen relatert virksomhet.
Contact
Address
Opstadveien 11C, 4331 Ålgård
Email
questinnovatn@gmail.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Revenue
NOK millions
0M
1M
1M
2M
2M
0M
2020
0M
2021
2M
2022
2M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
0
329
1 620
1 735
1 613
Staff expenses
−0
−1
−570
−697
−760
EBITDA
−14
77
244
343
−56
Depreciation & amort.
−0
−7
−69
−207
−206
EBIT
−14
70
175
136
−262
Net financials
0
0
−0
−0
−26
Profit before tax
−14
70
175
136
−288
Tax
−0
11
36
32
−12
Net profit
−14
59
139
104
−276
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
7
320
1 231
1 160
438
Equity
81
140
279
383
107
Long-term debt
0
180
180
442
190
Short-term debt
−74
0
772
336
142
Total debt
−74
180
952
778
332
Financial ratios
5-year trend
EBITDA margin
-3.5%
This company
15.8%
Market median
-122% vs market
2020
2024
Equity ratio
24.3%
This company
38.2%
Market median
-36% vs market
2020
2024
Return on equity
-259.1%
This company
18.4%
Market median
-1508% vs market
2020
2024
Net profit margin
-17.1%
This company
8.1%
Market median
-311% vs market
2020
2024
Asset turnover
3.68×
This company
1.12×
Market median
+229% vs market
2020
2024
Debt / equity
3.11×
This company
0.62×
Market median
-402% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AL
Anders Lomeland
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
SE
Stig Erling Bakke
Chairman
2020
IG
Ingve Gundersen
Board of Directors
2020
AØ
Anders Ørstavik
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Motorteknikk As
Company
25%
25%
2022
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Company hierarchy
Motorteknikk As
QUEST INNOVATE AS
(this company)
Board network connections
Board members of QUEST INNOVATE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Anders Lomeland
Chief Executive Officer
0 companies
Stig Erling Bakke
Chairman
0 companies
Ingve Gundersen
Board of Directors
0 companies
Anders Ørstavik
Board of Directors
0 companies