Riskpilot← Back to searchSign inGet full accessSPACE NORWAY SATCOM AS
ASActiveOrg 974529068Snarøyveien 30M, 1360 FornebuWired, wireless, and satellite telecommunication activities · NACE 6110Est. 1995108 employees
Revenue 2024
NOK 906,3M
-3% vs 2023
EBITDA margin
66.9%
-9% vs 2023
Equity ratio
46.7%
Financial strength
Net profit 2024
NOK 263,8M
-16% vs 2023
| Revenue | NOK 906,3M | -3% |
| EBITDA | NOK 606,6M | -9% |
| Net profit | NOK 263,8M | -16% |
| Total assets | NOK 1,8B | +8% |
| Equity | NOK 817,5M | -17% |
| Employees | 108 | — |
Legal name
SPACE NORWAY SATCOM AS
Org number
974529068
Legal form
Aksjeselskap
NACE code
6110 · Wired, wireless, and satellite telecommunication activities
Founded
23. juni 1995
Share capital
NOK 192 591 000
Employees
108 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Deltakelse i satellittbasert kommunikasjonsvirksomhet og dertil knyttede virksomheter i norge og utlandet, herunder investering i selskaper eller andre sammenslutninger innen relaterte områder, samt å inngå nasjonale og internasjonale samarbeidsavtaler relatert til satellittbasert kommunikasjon.
Address
Snarøyveien 30M, 1360 Fornebu
Email
nittedalnoc@telenor.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 886 630 | 856 402 | 865 174 | 844 622 | 885 779 | 846 115 | 1 166 021 | 865 339 | 917 806 | 872 277 | 861 497 | 916 124 | 938 195 | 906 311 |
| Staff expenses | 132 944 | −141 051 | −145 421 | −145 633 | −149 079 | −147 804 | −147 673 | 144 425 | 144 726 | 136 103 | −146 101 | −145 294 | −148 991 | −155 014 |
| EBITDA | −314 059 | 625 842 | 625 134 | 622 561 | 652 713 | 615 655 | 919 229 | 56 272 | 130 158 | 119 167 | 607 600 | 641 069 | 664 751 | 606 610 |
| Depreciation & amort. | 237 267 | −231 127 | −214 635 | −210 715 | −258 820 | −319 096 | −307 801 | 271 950 | 263 464 | 253 802 | −270 111 | −275 809 | −280 384 | −276 230 |
| EBIT | −76 792 | 394 715 | 410 499 | 411 846 | 393 893 | 296 559 | 611 428 | 328 222 | 393 622 | 372 969 | 337 489 | 365 260 | 384 367 | 330 380 |
| Net financials | 26 364 | 22 968 | 16 295 | 31 773 | −26 951 | 1 458 | 52 596 | 22 762 | −1 511 | 29 087 | −7 057 | −11 861 | 20 032 | 7 811 |
| Profit before tax | −50 429 | 417 683 | 426 794 | 443 619 | 366 942 | 298 017 | 664 024 | 350 984 | 392 111 | 402 055 | 330 432 | 353 399 | 404 399 | 338 191 |
| Tax | −13 864 | 117 091 | 110 315 | 119 865 | 74 948 | 61 715 | 143 319 | 65 509 | 86 284 | 88 463 | 74 105 | 77 796 | −0 | −0 |
| Net profit | −36 564 | 300 592 | 316 479 | 323 754 | 291 994 | 236 302 | 520 705 | 285 475 | 305 826 | 313 592 | 256 328 | 275 603 | 315 414 | 263 750 |
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 4 361 639 | 4 716 171 | 4 748 259 | 4 060 852 | 4 127 919 | 4 000 708 | 3 665 609 | 2 817 181 | 3 071 627 | 2 705 362 | 2 316 858 | 2 417 020 | 1 615 388 | 1 751 380 |
| Equity | 3 840 606 | 3 822 195 | 3 132 619 | 3 090 599 | 3 037 069 | 2 344 122 | 1 608 469 | 1 161 107 | 1 084 611 | 977 584 | 811 346 | 660 866 | 984 048 | 817 475 |
| Long-term debt | −15 100 | 418 375 | 401 794 | 384 985 | 552 559 | 529 857 | 571 511 | 1 097 118 | 1 360 743 | 1 072 820 | 807 229 | 1 015 050 | 303 988 | 193 007 |
| Short-term debt | 76 599 | 454 578 | 1 169 312 | 527 141 | 502 191 | 1 089 360 | 1 443 920 | 524 426 | 609 028 | 636 390 | 677 149 | 721 220 | 314 378 | 727 052 |
| Total debt | 505 932 | 872 953 | 1 571 106 | 912 126 | 1 054 750 | 1 619 217 | 2 015 431 | 1 623 965 | 1 969 770 | 1 709 210 | 1 484 378 | 1 736 270 | 618 366 | 920 060 |
EBITDA margin
66.9%
This company
15.8%
Market median
+323% vs market
20112024
Equity ratio
46.7%
This company
38.2%
Market median
+22% vs market
20112024
Return on equity
32.3%
This company
18.4%
Market median
+76% vs market
20112024
Net profit margin
29.1%
This company
8.1%
Market median
+259% vs market
20112024
Asset turnover
0.52×
This company
1.12×
Market median
-54% vs market
20112024
Debt / equity
1.14×
This company
0.62×
Market median
-84% vs market
20112024
- 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
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
GI Deputy Member | Deputy Member | 2023 | — | — |
TA Deputy Member | Deputy Member | 2024 | — | — |
PJ Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
DO Deputy Member | Deputy Member | 2023 | — | — |
TW Deputy Member | Deputy Member | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2026 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2024 | — | — | |
| Chairman | 2024 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2024 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Telenor Networks Holding As | Company | 100.0% | 100.0% | 2023 |
Space Norway As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
NÆRINGS- OG FISKERIDEPARTEMENTET
SPACE NORWAY SATCOM AS Board members of SPACE NORWAY SATCOM AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Gard Inge Tobiassen | Deputy Member | 0 companies |
| Tom Andre Lauritsen | Deputy Member | 0 companies |
| Peter Johan Kaland Olsen | Chief Executive Officer | 0 companies |
| David Olalabi Akindipo Ojelade | Deputy Member | 0 companies |
| Tom Westby | Deputy Member | 0 companies |
| Rita Skjærvik | Board of Directors | 0 companies |
| Sverre Pedersen | Board of Directors | 0 companies |
| Gro Undrum | Board of Directors | 0 companies |
| Karanbir Singh Manshaia | Board of Directors | 0 companies |
| Morten Solbakken | Board of Directors | 0 companies |
| Morten Tengs | Chairman | 0 companies |
| Torstein Losnedahl | Board of Directors | 0 companies |
| Børre Sørås | Board of Directors | 0 companies |
| Dag Hugo Stølan | Chairman | 0 companies |
| Georg Bock | Chairman | 0 companies |
| Anders Prytz | Board of Directors | 0 companies |
| Bjørn-Harald Brodersen | Board of Directors | 0 companies |
| Oddveig Tretterud | Board of Directors | 0 companies |