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EUROPEAN RESOURCE AS
AS
Active
Org 974676958
Christian Jacobsens Gate 14, 4010 Stavanger
Engineering activities and related technical consultancy · NACE 7112
Est. 1995
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 0
EBITDA margin
—
-116% vs 2023
Equity ratio
92.3%
Financial strength
Net profit 2024
NOK -59K
-106% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
1M
+100%
2022
1M
0%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 0
—
EBITDA
NOK -195K
-116%
Net profit
NOK -59K
-106%
Total assets
NOK 3,3M
-10%
Equity
NOK 3M
-2%
Employees
1
—
Company information
Legal name
EUROPEAN RESOURCE AS
Org number
974676958
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
1. juli 1995
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Christian Jacobsens Gate 14, 4010 Stavanger
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Companies in Engineering activities and related technical consultancy
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
1M
2020
0M
2021
1M
2022
2M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
1M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
905
0
1 269
2 081
0
Staff expenses
−415
−28
−392
−697
−48
EBITDA
348
−96
760
1 242
−195
Depreciation & amort.
−8
−6
−4
−3
−7
EBIT
340
−102
756
1 239
−202
Net financials
20
65
22
98
141
Profit before tax
360
−37
778
1 337
−60
Tax
79
−0
155
295
−1
Net profit
280
−37
623
1 043
−59
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 489
2 343
2 986
3 643
3 289
Equity
1 864
1 827
2 450
3 093
3 034
Long-term debt
0
0
2
1
0
Short-term debt
625
515
534
549
255
Total debt
625
515
536
550
255
Financial ratios
5-year trend
EBITDA margin
-19504700.0%
This company
15.8%
Market median
-123447568% vs market
2020
2024
Equity ratio
92.3%
This company
38.2%
Market median
+142% vs market
2020
2024
Return on equity
-1.9%
This company
18.4%
Market median
-110% vs market
2020
2024
Net profit margin
-5901400.0%
This company
8.1%
Market median
-72856890% vs market
2020
2024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2020
2024
Debt / equity
0.08×
This company
0.62×
Market median
+87% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TH
Thorleif Heine-Eriksen
Deputy Member
Deputy Member
1995
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JS
Jonathan Scott
Chairman
1995
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 EUROPEAN RESOURCE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Thorleif Heine-Eriksen
Deputy Member
0 companies
Jonathan Scott
Chairman
0 companies