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Vulken Maritim AS
AS
Active
Org 947410288
Finnestadsvingen 11, 4029
Stavanger
Installation of industrial machinery and equipment
·
NACE 3320
Est. 1987 · 38 years old
20 employees
Monitor
Share
Norway
/
Companies
/
Installation of industrial machinery and equipment
/
Vulken Maritim AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
76M
57M
38M
19M
0M
2021: 27M
27M
2021
2022: 33M (+22% vs 2021)
33M
+22%
2022
2023: 34M (+3% vs 2022)
34M
+3%
2023
2024: 46M (+35% vs 2023)
46M
+35%
2024
2025: 61M (+33% vs 2024)
61M
+33%
2025
EBITDA
NOK millions
16M
12M
8M
4M
0M
2021: 6M
6M
2021
2022: 7M (+17% vs 2021)
7M
+17%
2022
2023: 7M (0% vs 2022)
7M
0%
2023
2024: 10M (+43% vs 2023)
10M
+43%
2024
2025: 13M (+30% vs 2024)
13M
+30%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
60 942
46 149
33 613
33 033
27 375
Staff expenses
−16 833
−11 750
−10 186
−9 704
−7 668
EBITDA
12 560
10 228
7 389
7 413
5 848
Depreciation & amort.
−672
−348
−252
−134
−73
EBIT
11 888
9 880
7 137
7 279
5 774
Net financials
−8
−99
13
−9
4
Profit before tax
11 880
9 781
7 150
7 271
5 778
Tax
2 634
2 172
1 580
1 603
1 272
Net profit
9 246
7 609
5 570
5 668
4 506
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
21 487
14 161
11 837
11 469
9 850
Equity
4 715
2 469
1 640
1 570
1 502
Long-term debt
1 154
10
0
0
0
Short-term debt
15 618
11 682
10 196
9 899
8 348
Total debt
16 772
11 692
10 196
9 899
8 348
Financial ratios
5-year trend
EBITDA margin
20,6 %
This company
15,8 %
Market median
This company
Market median
30% above market
2021
2025
Equity ratio
21,9 %
This company
38,2 %
Market median
This company
Market median
43% below market
2021
2025
Return on equity
196,1 %
This company
18,4 %
Market median
This company
Market median
966% above market
2021
2025
Net profit margin
15,2 %
This company
8,1 %
Market median
This company
Market median
88% above market
2021
2025
Asset turnover
2,84×
This company
1,12×
Market median
This company
Market median
154% above market
2021
2025
Debt / equity
3,56×
This company
0,62×
Market median
This company
Market median
474% above 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
More on Vulken Maritim AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
