Riskpilot← Back to searchSign inGet full accessDEVICO AS
ASActiveOrg 947402633Industriveien 43A, 7080 HeimdalEngineering activities and related technical consultancy · NACE 7112Est. 198855 employees
Revenue 2025
NOK 315,9M
+32% vs 2024
EBITDA margin
55.7%
+76% vs 2024
Equity ratio
88.3%
Financial strength
Net profit 2025
NOK 127M
+78% vs 2024
| Revenue | NOK 315,9M | +32% |
| EBITDA | NOK 175,8M | +76% |
| Net profit | NOK 127M | +78% |
| Total assets | NOK 360,3M | -17% |
| Equity | NOK 318M | +13% |
| Employees | 55 | — |
Legal name
DEVICO AS
Org number
947402633
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
2. mai 1988
Share capital
NOK 1 630 990
Employees
55 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-06-30
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Å drive innen fagområdet borehullsteknologi, oppmålingstjenester og tilgrensende aktiviteter, samt deltagelse i andre selskaper.
Address
Industriveien 43A, 7080 Heimdal
Phone
+4772870101
Email
devico@devico.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 35 016 | 39 491 | 50 329 | 63 155 | 55 223 | 33 611 | 36 386 | 56 559 | 65 111 | 74 039 | 103 691 | 95 419 | 109 779 | 208 702 | 217 450 | 112 503 | 239 658 | 315 930 |
| Staff expenses | −0 | −7 803 | −8 833 | −10 426 | −11 705 | −14 008 | −17 045 | −13 631 | −17 641 | −17 523 | −22 688 | −30 397 | −34 273 | −31 878 | −35 845 | −45 142 | −25 393 | −50 150 | −41 854 |
| EBITDA | 0 | 14 344 | 16 328 | 22 474 | 28 590 | 18 928 | −1 922 | 3 015 | 15 599 | 18 171 | 17 078 | 32 286 | 21 559 | 32 903 | 111 472 | 107 314 | 40 198 | 100 138 | 175 819 |
| Depreciation & amort. | −0 | −697 | −1 082 | −1 243 | −1 343 | −1 140 | −1 287 | −1 181 | −1 194 | −1 638 | −3 052 | −3 903 | −6 841 | −10 032 | −16 006 | −19 606 | −8 722 | −28 779 | −28 761 |
| EBIT | 0 | 13 647 | 15 246 | 21 231 | 27 247 | 17 789 | −3 209 | 1 834 | 14 404 | 16 532 | 14 027 | 28 383 | 14 718 | 22 871 | 95 465 | 87 707 | 31 476 | 71 359 | 147 058 |
| Net financials | 0 | 496 | −585 | −104 | 1 142 | −2 037 | 1 921 | 4 540 | 5 863 | 8 505 | 7 261 | 10 142 | 7 627 | 29 866 | 31 813 | 40 040 | 7 645 | 14 876 | 10 999 |
| Profit before tax | 0 | 14 144 | 14 661 | 21 127 | 28 389 | 15 752 | −1 288 | 6 375 | 20 267 | 25 037 | 21 288 | 38 525 | 22 345 | 52 737 | 127 278 | 127 747 | 39 121 | 86 235 | 158 057 |
| Tax | −0 | 3 750 | 3 810 | 5 702 | 7 542 | 4 630 | −298 | 1 499 | 3 728 | 3 549 | 2 590 | 6 010 | 2 326 | 4 611 | 19 792 | 21 257 | 8 260 | 14 778 | 31 012 |
| Net profit | 0 | 10 394 | 10 851 | 15 424 | 20 847 | 11 121 | −990 | 4 875 | 16 539 | 21 488 | 18 698 | 32 516 | 20 019 | 48 126 | 107 486 | 106 491 | 30 861 | 71 457 | 127 045 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 29 626 | 40 747 | 47 913 | 61 778 | 63 657 | 47 901 | 55 082 | 71 958 | 62 068 | 91 866 | 149 914 | 158 254 | 198 684 | 361 292 | 434 259 | 394 113 | 432 540 | 360 276 |
| Equity | — | 16 153 | 22 063 | 29 988 | 43 335 | 44 456 | 41 620 | 42 996 | 44 562 | 41 682 | 50 380 | 73 740 | 93 760 | 127 701 | 193 041 | 284 109 | 311 770 | 281 304 | 317 960 |
| Long-term debt | 0 | 2 723 | 0 | 0 | 0 | 0 | 0 | 1 900 | 0 | 0 | 17 176 | 32 915 | 37 314 | 32 476 | 54 813 | 62 255 | 43 534 | 9 115 | 8 902 |
| Short-term debt | 0 | 10 751 | 16 687 | 16 709 | 18 049 | 19 201 | 6 281 | 10 186 | 27 395 | 20 386 | 24 310 | 43 259 | 27 179 | 38 507 | 113 438 | 87 895 | 42 886 | 151 237 | 42 316 |
| Total debt | 0 | 13 473 | 18 683 | 17 925 | 18 443 | 19 201 | 6 281 | 12 086 | 27 395 | 20 386 | 41 486 | 76 174 | 64 494 | 70 983 | 168 251 | 150 151 | 82 343 | 151 237 | 42 316 |
EBITDA margin
55.7%
This company
15.8%
Market median
+253% vs market
20072025
Equity ratio
88.3%
This company
38.2%
Market median
+131% vs market
20072025
Return on equity
40.0%
This company
18.4%
Market median
+117% vs market
20072025
Net profit margin
40.2%
This company
8.1%
Market median
+396% vs market
20072025
Asset turnover
0.88×
This company
1.12×
Market median
+21% vs market
20072025
Debt / equity
0.13×
This company
0.62×
Market median
+79% vs market
20072025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2024-07-01 – 2025-06-30
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2023-07-01 – 2024-06-30
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-06-30
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
GA Deputy Member | Deputy Member | 2022 | — | — |
VB Deputy Member | Deputy Member | 2022 | — | — |
EO Chief Executive Officer | Chief Executive Officer | 2013 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Imdex | Company | 100.0% | 100.0% | 2024 |
Devico Holding As | Company | 57.0% | 57.0% | 2022 |
Salvesen & Thams Invest As | Company | 20.6% | 20.6% | 2022 |
| Individual | 7.2% | 7.2% | 2022 | |
| Individual | 3.5% | 3.5% | 2022 | |
Høbra As | Company | 2.3% | 2.3% | 2022 |
Faks As | Company | 1.7% | 1.7% | 2022 |
Baybreeze Holding As | Company | 1.4% | 1.4% | 2022 |
Cnx Eiendom As | Company | 1.4% | 1.4% | 2022 |
| Individual | 1.2% | 1.2% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
DEVICO AS 
DEVICO USA ASBoard members of DEVICO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Geir Arne Brønstad Rao | Deputy Member | 0 companies |
| Vibece Bolme Larsen | Deputy Member | 0 companies |
| Erlend Olsø | Chief Executive Officer | 0 companies |
| Eli Grong Aursand | Board of Directors | 0 companies |
| Anita Holten | Board of Directors | 0 companies |
| Eivind Grøv | Board of Directors | 0 companies |
| Linda Evelyn Lim Chappell | Board of Directors | 0 companies |
| Alf Tony Tokle | Chairman | 0 companies |
| Per Olav Monseth | Board of Directors | 0 companies |
| Jan Trygve Håbrekke | Chairman | 0 companies |
| Lise Aardal Jebsen | Board of Directors | 0 companies |
| Torkil Finnanger | Board of Directors | 0 companies |
| Viktor Tokle | Board of Directors | 0 companies |
| Paul Anthony Evans | Board of Directors | 0 companies |
| Paul Edward House | Chairman | 0 companies |