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PIPELINE INDUCTION HEAT LTD
NUF
Active
Org 935206448
Rossendale Road Industrial Estate, Burnley Bb11 5sw
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 1995
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 52,6M
+45% vs 2023
EBITDA margin
-9.5%
-142% vs 2023
Equity ratio
-261.9%
Financial strength
Net profit 2024
NOK -5M
-142% vs 2023
EBITDA — year on year
NOK millions
0M
-2M
-3M
-5M
-6M
-4M
2019
-2M
+50%
2023
-5M
-150%
2024
Key figures
Annual report 2024
Revenue
NOK 52,6M
+45%
EBITDA
NOK -5M
-142%
Net profit
NOK -5M
-142%
Total assets
NOK 4,3M
-29%
Equity
NOK -11,2M
-80%
Employees
0
—
Company information
Legal name
PIPELINE INDUCTION HEAT LTD
Org number
935206448
Legal form
Norskregistrert Utenlandsk Foretak
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
20. februar 1995
Share capital
—
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Rossendale Road Industrial Estate, Burnley Bb11 5sw
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Companies in Support activities for petroleum and natural gas extraction
Companies in Burnley Bb11 5sw
All Norway companies
Revenue
NOK millions
0M
15M
30M
46M
61M
21M
2019
36M
2023
53M
2024
EBITDA
NOK millions
0M
-1M
-1M
-2M
-2M
-4M
2019
-2M
2023
-5M
2024
Income statement
NOK thousands
Item
2019
2023
2024
Revenue
20 784
36 121
52 552
Staff expenses
−4 040
−0
−0
EBITDA
−3 659
−2 060
−4 982
Depreciation & amort.
−2 024
−0
−0
EBIT
−5 683
−2 060
−4 982
Net financials
0
0
0
Profit before tax
−5 683
−2 060
−4 982
Tax
−0
−0
−0
Net profit
−5 683
−2 060
−4 982
Balance sheet
NOK thousands
Item
2019
2023
2024
Total assets
0
6 022
4 270
Equity
0
−6 203
−11 186
Long-term debt
0
0
0
Short-term debt
0
12 226
15 456
Total debt
0
12 226
15 456
Financial ratios
5-year trend
EBITDA margin
-9.5%
This company
15.8%
Market median
-160% vs market
2019
2024
Equity ratio
-261.9%
This company
38.2%
Market median
-786% vs market
2019
2024
Return on equity
-498228500.0%
This company
18.4%
Market median
-2707763687% vs market
2019
2024
Net profit margin
-9.5%
This company
8.1%
Market median
-217% vs market
2019
2024
Asset turnover
12.31×
This company
1.12×
Market median
+999% vs market
2019
2024
Debt / equity
1.38×
This company
0.62×
Market median
-123% vs market
2019
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 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
TA
Torbjørn Amundsen
Contact Person
Contact Person
2009
BC
Bjarne Christopher Petersen Sanne
Contact Person
Contact Person
2025
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of PIPELINE INDUCTION HEAT LTD also hold positions in
0
other companies.
Person
Role here
Other companies
Torbjørn Amundsen
Contact Person
0 companies
Bjarne Christopher Petersen Sanne
Contact Person
0 companies