Riskpilot← Back to searchSign inGet full accessSOURCE GALILEO NORGE AS
ASActiveOrg 925992704Sjøhuskleiva 15, 5523 HaugesundProduction of electricity from renewable sources · NACE 3512Est. 20205 employees
Revenue 2025
NOK 32,5M
-33% vs 2024
EBITDA margin
13.1%
+83% vs 2024
Equity ratio
10.5%
Financial strength
Net profit 2025
NOK -544K
-143% vs 2024
| Revenue | NOK 32,5M | -33% |
| EBITDA | NOK 4,3M | +83% |
| Net profit | NOK -544K | -143% |
| Total assets | NOK 9,1M | -73% |
| Equity | NOK 960K | -36% |
| Employees | 5 | — |
Legal name
SOURCE GALILEO NORGE AS
Org number
925992704
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
19. november 2020
Share capital
NOK 30 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-03-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Utvikling av storskala fornybar energi innenfor havvind, solenergi og energilagring samt hva hermed står i forbindelse, herunder å delta i andre selskap med lignende virksomhet.
Address
Sjøhuskleiva 15, 5523 Haugesund
Email
info@sourcegalileo.com
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| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 0 | 8 620 | 48 209 | 32 523 |
| Staff expenses | −0 | −3 928 | −0 | −0 |
| EBITDA | −1 | 354 | 2 338 | 4 275 |
| Depreciation & amort. | −0 | −61 | −132 | −138 |
| EBIT | −1 | 293 | 2 206 | 4 137 |
| Net financials | 0 | −2 | −588 | −4 691 |
| Profit before tax | −1 | 291 | 1 618 | −554 |
| Tax | −0 | 64 | −0 | −0 |
| Net profit | −1 | 227 | 1 254 | −544 |
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 24 | 13 375 | 34 503 | 9 144 |
| Equity | 24 | 251 | 1 505 | 960 |
| Long-term debt | 0 | 14 | 25 491 | 0 |
| Short-term debt | 0 | 13 111 | 7 508 | 8 184 |
| Total debt | 0 | 13 124 | 32 998 | 8 184 |
EBITDA margin
13.1%
This company
15.8%
Market median
-17% vs market
20222025
Equity ratio
10.5%
This company
38.2%
Market median
-73% vs market
20222025
Return on equity
-56.7%
This company
18.4%
Market median
-408% vs market
20222025
Net profit margin
-1.7%
This company
8.1%
Market median
-121% vs market
20222025
Asset turnover
3.56×
This company
1.12×
Market median
+218% vs market
20222025
Debt / equity
8.52×
This company
0.62×
Market median
-1274% vs market
20222025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2024-04-01 – 2025-03-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2023-04-01 – 2024-03-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2022-04-01 – 2023-03-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2020-10-22 – 2022-03-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
GW Chief Executive Officer | Chief Executive Officer | 2022 |
| Former (1) | ||
SB Contact Person | Contact Person | 2020 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2022 | |
| Chairman | 2022 | |
| Former (1) | ||
| Chairman | 2020 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 100% | 100% | 2022 | |
Source Energie Ltd | Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of SOURCE GALILEO NORGE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Gunnar William Birkeland | Chief Executive Officer | 0 companies |
| Siri Bjørkhaug | Contact Person | 0 companies |
| Kevin Joseph Lynch | Board of Directors | 0 companies |
| Torben Andersen | Chairman | 0 companies |
| Snorre Haukali | Chairman | 0 companies |