What is the Org number of RAY NETWORKS AS?

RAY NETWORKS AS is registered with Brønnøysundsregistrene under Org 976658078.

What is the revenue of RAY NETWORKS AS?

RAY NETWORKS AS reported revenue of NOK 598K in 2025.

Who is the CEO of RAY NETWORKS AS?

Steinar Wilhelm Solvang is Deputy Member of RAY NETWORKS AS, in role since 2010.

Who is the chairman of RAY NETWORKS AS?

Raymond Solvang chairs the board of RAY NETWORKS AS, in role since 2010.

Where is RAY NETWORKS AS headquartered?

RAY NETWORKS AS's registered address is Nygata 35, 8618 Mo I Rana.

Riskpilot← Back to search

Sign inGet full access

RAY NETWORKS AS

ASActive

Org 976658078Nygata 35, 8618 Mo I RanaWholesale of information and communication equipment · NACE 4650Est. 19960 employeeswww.ray.no

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	0	0	33	603	598
Staff expenses	−0	−0	−0	−0	−0
EBITDA	−89	−53	3	134	227
Depreciation & amort.	−0	−0	−0	−0	−0
EBIT	−89	−53	3	134	227
Net financials	1	1	1	−5	0
Profit before tax	−88	−52	3	129	227
Tax	−0	−0	−0	−0	−0
Net profit	−88	−52	3	129	227

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	47	27	62	335	404
Equity	33	−20	−16	113	340
Long-term debt	0	0	0	0	0
Short-term debt	15	46	78	221	64
Total debt	15	46	78	221	64

Financial ratios

5-year trend

EBITDA margin

38.0%

This company

15.8%

Market median

+141% vs market

20212025

Equity ratio

84.2%

This company

38.2%

Market median

+120% vs market

20212025

Return on equity

66.8%

This company

18.4%

Market median

+263% vs market

20212025

Net profit margin

38.0%

This company

8.1%

Market median

+369% vs market

20212025

Asset turnover

1.48×

This company

1.12×

Market median

+32% vs market

20212025

Debt / equity

0.19×

This company

0.62×

Market median

+69% vs market

20212025

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

RAY NETWORKS AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on RAY NETWORKS AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on RAY NETWORKS AS