Loading company…
Riskpilot
← Back to search
Sign in
Get full access
NORTHCUT AS
AS
Active
Org 928692841
Hattelandsvegen 94, 4351 Kleppe
Machining of metals · NACE 2553
Est. 2022
2 employees
Watchlist
Share
Download PDF
Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,3M
+83% vs 2023
EBITDA margin
18.2%
+3054% vs 2023
Equity ratio
23.3%
Financial strength
Net profit 2024
NOK 376K
+14455% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 6,3M
+83%
EBITDA
NOK 1,1M
+3054%
Net profit
NOK 376K
+14455%
Total assets
NOK 5,7M
+205%
Equity
NOK 1,3M
+39%
Employees
2
—
Company information
Legal name
NORTHCUT AS
Org number
928692841
Legal form
Aksjeselskap
NACE code
2553 · Machining of metals
Founded
7. februar 2022
Share capital
NOK 700 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Bearbeiding av metaller.
Contact
Address
Hattelandsvegen 94, 4351 Kleppe
Email
info@northcutt.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Machining of metals
Companies in Klepp
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
0M
2021
2M
2022
3M
2023
6M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
0
1 905
3 442
6 289
Staff expenses
−0
−263
−788
−839
EBITDA
0
412
36
1 146
Depreciation & amort.
−0
−21
−27
−463
EBIT
0
391
9
683
Net financials
0
−46
−5
−201
Profit before tax
0
344
4
482
Tax
−0
76
1
106
Net profit
0
269
3
376
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
0
1 388
1 885
5 748
Equity
700
963
966
1 341
Long-term debt
0
0
1
3 533
Short-term debt
−700
425
919
874
Total debt
−700
425
920
4 407
Financial ratios
5-year trend
EBITDA margin
18.2%
This company
15.8%
Market median
+15% vs market
2021
2024
Equity ratio
23.3%
This company
38.2%
Market median
-39% vs market
2021
2024
Return on equity
28.0%
This company
18.4%
Market median
+52% vs market
2021
2024
Net profit margin
6.0%
This company
8.1%
Market median
-26% vs market
2021
2024
Asset turnover
1.09×
This company
1.12×
Market median
+3% vs market
2021
2024
Debt / equity
3.29×
This company
0.62×
Market median
-431% vs market
2021
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 2021-11-16 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
LØ
Lisa Øverland Ingvartsen
Chief Executive Officer
Chief Executive Officer
2022
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
TG
Thommy Grødeland
Board of Directors
2022
—
—
ØU
Øyvind Urevatn
Chairman
2022
—
—
HM
Henning Mauritzen Løvås
Board of Directors
2022
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Heøy Holding As
Company
51.0%
51.0%
2022
Listho As
Company
49.0%
49.0%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Urevatn Holding As
Heøy Holding As
NORTHCUT AS
(this company)
Board network connections
Board members of NORTHCUT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lisa Øverland Ingvartsen
Chief Executive Officer
0 companies
Thommy Grødeland
Board of Directors
0 companies
Øyvind Urevatn
Chairman
0 companies
Henning Mauritzen Løvås
Board of Directors
0 companies