Riskpilot← Back to searchSign inGet full accessABL NORWAY AS
ASActiveOrg 935693462Jåttåvågveien 10, 4020 StavangerEngineering activities and related technical consultancy · NACE 7112Est. 19846 employeeswww.abl-group.com
Revenue 2024
NOK 20,8M
+23% vs 2023
EBITDA margin
-2.5%
+41% vs 2023
Equity ratio
-261.4%
Financial strength
Net profit 2024
NOK -2,3M
-9% vs 2023
| Revenue | NOK 20,8M | +23% |
| EBITDA | NOK -524K | +41% |
| Net profit | NOK -2,3M | -9% |
| Total assets | NOK 7,3M | -41% |
| Equity | NOK -19,2M | -14% |
| Employees | 6 | — |
Legal name
ABL NORWAY AS
Org number
935693462
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
29. august 1984
Share capital
NOK 100 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Daglig leder alene.
Company purpose
Marin- og energirelatert konsulentvirksomhet.
Address
Jåttåvågveien 10, 4020 Stavanger
Phone
+4751811800
Email
support@startingoffshore.com
Website
www.abl-group.com
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 23 184 | 22 475 | 17 640 | 16 900 | 20 759 |
| Staff expenses | −7 347 | −10 480 | −9 515 | −11 220 | −11 463 |
| EBITDA | 342 | −1 720 | −1 652 | −881 | −524 |
| Depreciation & amort. | −14 | −5 | −27 | −36 | −44 |
| EBIT | 328 | −1 725 | −1 678 | −917 | −568 |
| Net financials | 430 | −375 | −1 297 | −1 198 | −1 732 |
| Profit before tax | 758 | −2 099 | −2 975 | −2 115 | −2 300 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | 758 | −2 099 | −2 975 | −2 115 | −2 300 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 17 923 | 13 426 | 9 705 | 12 393 | 7 328 |
| Equity | −6 729 | −11 761 | −14 737 | −16 852 | −19 151 |
| Long-term debt | 0 | 2 295 | 2 512 | 2 409 | −374 |
| Short-term debt | 24 651 | 22 892 | 21 930 | 26 835 | 26 852 |
| Total debt | 24 651 | 25 187 | 24 442 | 29 244 | 26 479 |
EBITDA margin
-2.5%
This company
15.8%
Market median
-116% vs market
20202024
Equity ratio
-261.4%
This company
38.2%
Market median
-784% vs market
20202024
Return on equity
-229954800.0%
This company
18.4%
Market median
-1249754448% vs market
20202024
Net profit margin
-11.1%
This company
8.1%
Market median
-237% vs market
20202024
Asset turnover
2.83×
This company
1.12×
Market median
+153% vs market
20202024
Debt / equity
1.38×
This company
0.62×
Market median
-123% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
SN Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (1) | ||
KR Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2023 | |
| Board of Directors | 2025 | |
| Former (4) | ||
| Chairman | 2022 – 2023 | |
| Chairman | 2020 – 2021 | |
| Chairman | 2021 – 2022 | |
| Board of Directors | 2020 – 2020 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
London Offshore Consultants 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 ABL NORWAY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kevin Russell Sirski | Chief Executive Officer | 0 companies |
| Subbarao Nookala | Chief Executive Officer | 0 companies |
| Dean Zuzic | Chairman | 0 companies |
| Svein Olav Staalen | Chairman | 0 companies |
| Andrew J. Squire | Chairman | 0 companies |
| Andrew James Pointing | Chairman | 0 companies |
| Peter William Kingsland | Board of Directors | 0 companies |
| Trond Reinertsen | Board of Directors | 0 companies |