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REF CONSULT AS
AS
Active
Org 944917950
Svendsemarka 41, 3409 Tranby
Engineering activities and related technical consultancy · NACE 7112
Est. 1987
1 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 2,4M
+2% vs 2024
EBITDA margin
38.9%
-16% vs 2024
Equity ratio
5.5%
Financial strength
Net profit 2025
NOK 671K
-11% vs 2024
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2021
1M
0%
2022
2M
+100%
2023
1M
-50%
2024
1M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 2,4M
+2%
EBITDA
NOK 926K
-16%
Net profit
NOK 671K
-11%
Total assets
NOK 1,8M
-5%
Equity
NOK 100K
+0%
Employees
1
—
Company information
Legal name
REF CONSULT AS
Org number
944917950
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
4. mai 1987
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Contact
Address
Svendsemarka 41, 3409 Tranby
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Explore
Companies in Engineering activities and related technical consultancy
Companies in Lier
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
3M
2021
2M
2022
3M
2023
2M
2024
2M
2025
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2021
1M
2022
2M
2023
1M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
3 172
2 226
2 530
2 325
2 377
Staff expenses
−1 347
−1 357
−645
−884
−1 069
EBITDA
1 488
572
1 599
1 099
926
Depreciation & amort.
−116
−116
−116
−116
−77
EBIT
1 373
456
1 483
983
848
Net financials
19
10
335
11
20
Profit before tax
1 392
466
1 818
994
869
Tax
304
103
334
238
197
Net profit
1 088
363
1 484
756
671
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
2 598
1 752
2 635
1 916
1 816
Equity
100
100
100
100
100
Long-term debt
16
3
0
0
0
Short-term debt
2 482
1 649
2 535
1 816
1 716
Total debt
2 498
1 652
2 535
1 816
1 716
Financial ratios
5-year trend
EBITDA margin
38.9%
This company
15.8%
Market median
+146% vs market
2021
2025
Equity ratio
5.5%
This company
38.2%
Market median
-86% vs market
2021
2025
Return on equity
671.5%
This company
18.4%
Market median
+3549% vs market
2021
2025
Net profit margin
28.3%
This company
8.1%
Market median
+249% vs market
2021
2025
Asset turnover
1.31×
This company
1.12×
Market median
+17% vs market
2021
2025
Debt / equity
17.16×
This company
0.62×
Market median
-2668% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
AH
Aud-Inger Husmo
Deputy Member
Deputy Member
1990 – 2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
HG
Helge Georg Lunde
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ref Holding As
Company
100%
100%
2023
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Company hierarchy
Ref Holding As
REF CONSULT AS
(this company)
THERMOCONSULT AS
Board network connections
Board members of REF CONSULT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Aud-Inger Husmo
Deputy Member
0 companies
Helge Georg Lunde
Chairman
0 companies