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RECO AS
AS
Active
Org 956796237
Lundekroken 25, 3940 Porsgrunn
Other manufacturing n.e.c. · NACE 3299
Est. 1990
3 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 1,7M
-12% vs 2021
EBITDA margin
22.5%
+208% vs 2021
Equity ratio
54.7%
Financial strength
Net profit 2022
NOK 329K
+179% vs 2021
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2018
0M
0%
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
Key figures
Annual report 2022
Revenue
NOK 1,7M
-12%
EBITDA
NOK 387K
+208%
Net profit
NOK 329K
+179%
Total assets
NOK 822K
+55%
Equity
NOK 449K
+274%
Employees
3
—
Company information
Legal name
RECO AS
Org number
956796237
Legal form
Aksjeselskap
NACE code
3299 · Other manufacturing n.e.c.
Founded
8. mars 1990
Share capital
NOK 100 000
Employees
3 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Daglig leder alene.
Contact
Address
Lundekroken 25, 3940 Porsgrunn
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Companies in Other manufacturing n.e.c.
Companies in Porsgrunn
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
3M
2018
2M
2019
2M
2020
2M
2021
2M
2022
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
0M
2021
0M
2022
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
Revenue
2 778
2 409
2 439
1 954
1 724
Staff expenses
−1 914
−1 143
−1 144
−1 188
−524
EBITDA
−271
119
−123
−360
387
Depreciation & amort.
−6
−49
−52
−53
−53
EBIT
−278
70
−176
−413
334
Net financials
0
−0
−3
−4
−5
Profit before tax
−277
70
−179
−416
329
Tax
−0
−0
−0
−0
−0
Net profit
−277
70
−179
−416
329
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
Total assets
1 258
1 296
891
531
822
Equity
645
715
536
120
449
Long-term debt
0
0
0
0
0
Short-term debt
613
581
355
411
373
Total debt
613
581
355
411
373
Financial ratios
5-year trend
EBITDA margin
22.5%
This company
15.8%
Market median
+42% vs market
2018
2022
Equity ratio
54.7%
This company
38.2%
Market median
+43% vs market
2018
2022
Return on equity
73.3%
This company
18.4%
Market median
+298% vs market
2018
2022
Net profit margin
19.1%
This company
8.1%
Market median
+136% vs market
2018
2022
Asset turnover
2.10×
This company
1.12×
Market median
+87% vs market
2018
2022
Debt / equity
0.83×
This company
0.62×
Market median
+34% vs market
2018
2022
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
JF
Jan-Martin Fykerud
Board of Directors
2020
SH
Stine Holum Fykerud
Deputy Chairman
2020
OA
Ole Andreas Holm
Chairman
2020
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 RECO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan-Martin Fykerud
Board of Directors
0 companies
Stine Holum Fykerud
Deputy Chairman
0 companies
Ole Andreas Holm
Chairman
0 companies