Riskpilot← Back to searchSign inGet full accessSPACE NORWAY AS
ASActiveOrg 975963233Drammensveien 165, 0277 OsloWired, wireless, and satellite telecommunication activities · NACE 6110Est. 199557 employees
Revenue 2024
NOK 131,4M
+3% vs 2023
EBITDA margin
-47.2%
-20% vs 2023
Equity ratio
86.3%
Financial strength
Net profit 2024
NOK 667,9M
+272% vs 2023
| Revenue | NOK 131,4M | +3% |
| EBITDA | NOK -62M | -20% |
| Net profit | NOK 667,9M | +272% |
| Total assets | NOK 4,4B | +20% |
| Equity | NOK 3,8B | +21% |
| Employees | 57 | — |
Legal name
SPACE NORWAY AS
Org number
975963233
Legal form
Aksjeselskap
NACE code
6110 · Wired, wireless, and satellite telecommunication activities
Founded
21. desember 1995
Share capital
NOK 338 000 000
Employees
57 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Etablere, eie og drive satellittvirksomhet og annen virksomhet som har sammenheng med dette, herunder å forvalte og videreutvikle sikkerhetskritisk romrelatert infrastruktur som dekker viktige norske samfunnsbehov.
Address
Drammensveien 165, 0277 Oslo
Phone
+4722511800
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 33 283 | 32 486 | 28 610 | 27 345 | 27 762 | 27 886 | 29 675 | 39 657 | 49 935 | 53 201 | 55 981 | 126 989 | 74 665 | 100 625 | 119 305 | 127 529 | 131 385 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 | −704 | −5 854 | −12 035 | −12 718 | −17 566 | −21 920 | −27 500 | −34 236 | −38 152 | −43 617 | −55 355 | −70 541 |
| EBITDA | 23 721 | 23 913 | 20 406 | 19 411 | 21 018 | 19 897 | 5 822 | −4 686 | −17 627 | −20 435 | −47 052 | 15 753 | −19 739 | −24 448 | −36 124 | −51 598 | −61 992 |
| Depreciation & amort. | −11 371 | −11 371 | −11 371 | −11 371 | −11 398 | −11 397 | −11 705 | −11 975 | −12 059 | −12 067 | −12 623 | −13 252 | −12 951 | −13 370 | −13 375 | −14 069 | −17 690 |
| EBIT | 12 350 | 12 542 | 9 035 | 8 040 | 9 620 | 8 500 | −5 882 | −16 661 | −29 686 | −32 502 | −59 675 | 2 502 | −32 690 | −37 818 | −49 499 | −65 667 | −79 683 |
| Net financials | −7 410 | −8 232 | −8 801 | −2 589 | 388 | 3 495 | 15 404 | 19 906 | 49 396 | 34 800 | 46 906 | 48 531 | 65 259 | 59 593 | 55 955 | −323 143 | 747 599 |
| Profit before tax | 4 940 | 4 310 | 234 | 5 451 | 10 008 | 11 995 | 9 521 | 3 245 | 19 710 | 2 298 | −12 770 | 51 033 | 32 569 | 21 774 | 6 456 | −388 811 | 667 917 |
| Tax | 1 383 | 1 210 | −1 092 | −919 | −321 | −215 | −3 925 | −5 985 | −8 720 | 21 128 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | 3 557 | 3 100 | 1 326 | 6 370 | 10 329 | 12 210 | 13 446 | 9 230 | 28 430 | −18 830 | −12 770 | 51 033 | 32 569 | 21 774 | 6 456 | −388 811 | 667 917 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 282 105 | 277 151 | 271 730 | 324 833 | 327 772 | 333 218 | 342 409 | 344 355 | 373 667 | 334 147 | 311 636 | 349 549 | 524 976 | 1 214 331 | 965 360 | 3 672 093 | 4 406 315 |
| Equity | 31 218 | 34 317 | 35 644 | 42 014 | 52 343 | 64 554 | 78 000 | 87 230 | 115 660 | 96 830 | 84 060 | 135 093 | 322 099 | 657 052 | 663 507 | 3 133 700 | 3 801 617 |
| Long-term debt | 249 207 | 241 612 | 0 | 226 199 | 217 870 | 209 074 | 199 787 | 189 978 | 179 619 | 168 677 | 157 119 | 148 910 | 136 011 | 122 384 | 207 986 | 399 372 | 500 393 |
| Short-term debt | 1 680 | 1 222 | 1 972 | 56 620 | 57 559 | 59 590 | 64 623 | 67 147 | 78 388 | 68 640 | 70 456 | 65 545 | 66 866 | 434 896 | 93 866 | 135 020 | 100 305 |
| Total debt | 250 887 | 242 834 | 1 972 | 282 819 | 275 429 | 268 664 | 264 409 | 257 125 | 258 007 | 237 317 | 227 575 | 214 455 | 202 878 | 557 280 | 301 853 | 534 392 | 600 699 |
EBITDA margin
-47.2%
This company
15.8%
Market median
-399% vs market
20082024
Equity ratio
86.3%
This company
38.2%
Market median
+126% vs market
20082024
Return on equity
17.6%
This company
18.4%
Market median
+4% vs market
20082024
Net profit margin
508.4%
This company
8.1%
Market median
+6177% vs market
20082024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
20082024
Debt / equity
0.16×
This company
0.62×
Market median
+74% vs market
20082024
- 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
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TS Deputy Member | Deputy Member | 2024 | — | — |
TA Deputy Member | Deputy Member | 2024 | — | — |
MT Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
JR Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
DH Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2020 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
NÆRINGS- OG FISKERIDEPARTEMENTET | 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 AS Board members of SPACE NORWAY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Tord Skoe Fredriksen | Deputy Member | 0 companies |
| Tom Andre Lauritsen | Deputy Member | 0 companies |
| Morten Tengs | Chief Executive Officer | 0 companies |
| Jostein Rønneberg | Chief Executive Officer | 0 companies |
| Dag Hugo Stølan | Chief Executive Officer | 0 companies |
| Helga Cotgrove | Board of Directors | 0 companies |
| Arild Hustad | Board of Directors | 0 companies |
| Siri Løvlund | Board of Directors | 0 companies |
| Per Atle Våland | Board of Directors | 0 companies |
| Svein Olav Munkeby | Chairman | 0 companies |
| Christina Louise Odette Aas | Board of Directors | 0 companies |
| Asbjørn Birkeland | Chairman | 0 companies |
| Morten Haga Lunde | Board of Directors | 0 companies |
| Nina Frisak | Board of Directors | 0 companies |
| Ingelin Drøpping | Board of Directors | 0 companies |
| Tom Westby | Board of Directors | 0 companies |
| Ann-Kari Amundsen Heier | Board of Directors | 0 companies |
| Tore Olaf Rimmereid | Board of Directors | 0 companies |