Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Armatec AS
AS
Active
Org 957541607
Solbråveien 61, 1383
Asker
Wholesale of hardware, plumbing and heating equipment and supplies
·
NACE 4684
Est. 1990 · 36 years old
43 employees
Monitor
Share
Norway
/
Companies
/
Wholesale of hardware, plumbing and heating equipment and supplies
/
Armatec AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
332M
249M
166M
83M
0M
2021: 142M
142M
2021
2022: 256M (+80% vs 2021)
256M
+80%
2022
2023: 267M (+4% vs 2022)
267M
+4%
2023
2024: 234M (-12% vs 2023)
234M
-12%
2024
2025: 229M (-2% vs 2024)
229M
-2%
2025
EBITDA
NOK millions
26M
20M
13M
7M
0M
2021: 10M
10M
2021
2022: 21M (+110% vs 2021)
21M
+110%
2022
2023: 14M (-33% vs 2022)
14M
-33%
2023
2024: 17M (+21% vs 2023)
17M
+21%
2024
2025: 13M (-24% vs 2024)
13M
-24%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
228 770
233 834
267 143
256 374
142 440
Staff expenses
−45 957
−41 730
−43 093
−42 151
−24 859
EBITDA
12 652
16 683
14 061
20 946
10 377
Depreciation & amort.
−1 153
−970
−845
−356
−160
EBIT
11 499
15 713
13 216
20 590
10 217
Net financials
−1 043
500
897
−161
19
Profit before tax
10 456
16 213
14 113
20 429
10 236
Tax
2 305
3 531
3 124
4 503
2 253
Net profit
8 152
12 681
10 989
15 926
7 984
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
82 741
101 236
82 320
91 222
48 645
Equity
25 720
25 668
22 987
22 987
14 411
Long-term debt
0
0
0
0
0
Short-term debt
57 021
75 568
59 333
68 235
34 235
Total debt
57 021
75 568
59 333
68 235
34 235
Financial ratios
5-year trend
EBITDA margin
5.5%
This company
15.8%
Market median
This company
Market median
65% below market
2021
2025
Equity ratio
31.1%
This company
38.2%
Market median
This company
Market median
19% below market
2021
2025
Return on equity
31.7%
This company
18.4%
Market median
This company
Market median
72% above market
2021
2025
Net profit margin
3.6%
This company
8.1%
Market median
This company
Market median
56% below market
2021
2025
Asset turnover
2.76×
This company
1.12×
Market median
This company
Market median
146% above market
2021
2025
Debt / equity
2.22×
This company
0.62×
Market median
This company
Market median
258% 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 Armatec AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
