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ENGCON NORWAY AS
AS
Active
Org 928661644
Bølerveien 71, 2020 Skedsmokorset
Wholesale of mining, construction and civil engineering machinery · NACE 4663
Est. 2022
7 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 113,2M
-19% vs 2023
EBITDA margin
1.3%
-85% vs 2023
Equity ratio
21.4%
Financial strength
Net profit 2024
NOK 72K
-99% vs 2023
EBITDA — year on year
NOK millions
13M
9M
6M
3M
0M
0M
2022
10M
+1000%
2023
1M
-90%
2024
Key figures
Annual report 2024
Revenue
NOK 113,2M
-19%
EBITDA
NOK 1,5M
-85%
Net profit
NOK 72K
-99%
Total assets
NOK 30,4M
-2%
Equity
NOK 6,5M
+1%
Employees
7
—
Company information
Legal name
ENGCON NORWAY AS
Org number
928661644
Legal form
Aksjeselskap
NACE code
4663 · Wholesale of mining, construction and civil engineering machinery
Founded
2. februar 2022
Share capital
NOK 500 000
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Salg av tiltrotatorer og tilbehør, installasjonstjenester og det som naturlig står i forbindelse med dette.
Contact
Address
Bølerveien 71, 2020 Skedsmokorset
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Companies in Wholesale of mining, construction and civil engineering machinery
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Revenue
NOK millions
0M
40M
81M
121M
161M
0M
2022
140M
2023
113M
2024
EBITDA
NOK millions
0M
3M
6M
9M
12M
0M
2022
10M
2023
1M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
0
140 103
113 163
Staff expenses
−31
−5 184
−5 809
EBITDA
−117
9 525
1 452
Depreciation & amort.
−0
−686
−750
EBIT
−117
8 838
702
Net financials
0
−645
−574
Profit before tax
−117
8 193
128
Tax
−25
2 167
56
Net profit
−92
6 026
72
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
597
30 932
30 441
Equity
−62
6 428
6 500
Long-term debt
0
1 543
1 683
Short-term debt
660
22 960
22 258
Total debt
660
24 504
23 941
Financial ratios
5-year trend
EBITDA margin
1.3%
This company
15.8%
Market median
-92% vs market
2022
2024
Equity ratio
21.4%
This company
38.2%
Market median
-44% vs market
2022
2024
Return on equity
1.1%
This company
18.4%
Market median
-94% vs market
2022
2024
Net profit margin
0.1%
This company
8.1%
Market median
-99% vs market
2022
2024
Asset turnover
3.72×
This company
1.12×
Market median
+232% vs market
2022
2024
Debt / equity
3.68×
This company
0.62×
Market median
-494% vs market
2022
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 2022-01-14 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
MF
Morten Fjeld-Nielsen
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
BK
Bo Krister Blomgren
Chairman
2023
Former (1)
BØ
Bente Øwre
Chairman
2022 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Engcon Ab
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ENGCON NORWAY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Fjeld-Nielsen
Chief Executive Officer
0 companies
Bo Krister Blomgren
Chairman
0 companies
Bente Øwre
Chairman
0 companies