Riskpilot← Back to searchSign inGet full accessAPPLUS NORWAY AS
ASActiveOrg 966140933Kirkegårdsveien 50, 3616 KongsbergEngineering activities and related technical consultancy · NACE 7112Est. 199311 employeeswww.applus-norway.com
Revenue 2024
NOK 52,5M
+38% vs 2023
EBITDA margin
13.6%
+30% vs 2023
Equity ratio
26.4%
Financial strength
Net profit 2024
NOK 5,4M
+25% vs 2023
| Revenue | NOK 52,5M | +38% |
| EBITDA | NOK 7,1M | +30% |
| Net profit | NOK 5,4M | +25% |
| Total assets | NOK 15,8M | +6% |
| Equity | NOK 4,2M | +10% |
| Employees | 11 | — |
Legal name
APPLUS NORWAY AS
Org number
966140933
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
4. januar 1993
Share capital
NOK 100 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Inspeksjon, sertifisering av løfteutstyr og lignende engineeringsvirksomhet, konsulent/kursvirksomhet, og forestå utbedrings- og vedlikeholdsoppdrag i olje relatert industri og offshorenæring og alt som hermed er naturlig forbundet, samt å delta i selskap med lignende eller annen virksomhet.
Address
Kirkegårdsveien 50, 3616 Kongsberg
Phone
+4751123213
Email
post@applus-norway.com
Website
www.applus-norway.com
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Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 12 432 | 12 643 | 18 760 | 38 122 | 52 502 |
| Staff expenses | −4 964 | −5 243 | −0 | −9 093 | −12 484 |
| EBITDA | 3 335 | 2 725 | 3 480 | 5 470 | 7 133 |
| Depreciation & amort. | −62 | −67 | −69 | −69 | −73 |
| EBIT | 3 273 | 2 658 | 3 411 | 5 401 | 7 061 |
| Net financials | 3 | −37 | 141 | 121 | −172 |
| Profit before tax | 3 276 | 2 621 | 3 552 | 5 522 | 6 889 |
| Tax | 721 | 577 | 781 | 1 215 | 1 516 |
| Net profit | 2 555 | 2 045 | 2 770 | 4 306 | 5 373 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 7 733 | 6 661 | 10 997 | 14 889 | 15 772 |
| Equity | 2 669 | 4 714 | 3 484 | 3 790 | 4 163 |
| Long-term debt | 14 | 15 | 12 | 7 | 0 |
| Short-term debt | 5 049 | 1 932 | 7 501 | 11 092 | 11 609 |
| Total debt | 5 064 | 1 947 | 7 513 | 11 099 | 11 609 |
EBITDA margin
13.6%
This company
15.8%
Market median
-14% vs market
20202024
Equity ratio
26.4%
This company
38.2%
Market median
-31% vs market
20202024
Return on equity
129.1%
This company
18.4%
Market median
+602% vs market
20202024
Net profit margin
10.2%
This company
8.1%
Market median
+26% vs market
20202024
Asset turnover
3.33×
This company
1.12×
Market median
+197% vs market
20202024
Debt / equity
2.79×
This company
0.62×
Market median
-350% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- 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
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
AS Chief Executive Officer | Chief Executive Officer | 2020 |
AH Chief Executive Officer | Chief Executive Officer | 2020 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2021 | |
| Chairman | 2024 | |
| Former (2) | ||
| Chairman | 2021 – 2024 | |
| Chairman | 2019 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Velosi S.À R.L. (B174012) | Company | 60% | 60% | 2023 |
| Individual | 60% | 60% | 2022 | |
| Individual | 10% | 10% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of APPLUS NORWAY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Agnar Singh Sidhu | Chief Executive Officer | 0 companies |
| Agnar Holmen Sidhu | Chief Executive Officer | 0 companies |
| Dirk Marinus Dominicus Van Der Put | Chairman | 0 companies |
| Tarlok Singh Sidhu | Board of Directors | 0 companies |
| Ramon Fernandez Armas | Chairman | 0 companies |
| Julian Mayor Balvis | Chairman | 0 companies |