Riskpilot← Back to searchSign inGet full accessSTEELWORK AS
ASActiveOrg 977066719Vardheivegen 66, 4340 BryneManufacture of metal structures and parts of structures · NACE 2511Est. 199693 employees
Revenue 2024
NOK 190,4M
+40% vs 2023
EBITDA margin
11.5%
+77% vs 2023
Equity ratio
25.7%
Financial strength
Net profit 2024
NOK 9,4M
+71% vs 2023
| Revenue | NOK 190,4M | +40% |
| EBITDA | NOK 21,9M | +77% |
| Net profit | NOK 9,4M | +71% |
| Total assets | NOK 108,7M | +30% |
| Equity | NOK 27,9M | +29% |
| Employees | 93 | — |
Legal name
STEELWORK AS
Org number
977066719
Legal form
Aksjeselskap
NACE code
2511 · Manufacture of metal structures and parts of structures
Founded
12. desember 1996
Share capital
NOK 907 406
Employees
93 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Vardheivegen 66, 4340 Bryne
Phone
+4751770300
Email
post@maskinering-sveiseservice.no
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 77 088 | 79 386 | 118 127 | 135 894 | 190 389 |
| Staff expenses | −31 029 | −32 936 | −40 691 | −45 289 | −56 680 |
| EBITDA | 5 668 | 3 761 | 7 372 | 12 370 | 21 862 |
| Depreciation & amort. | −3 044 | −3 041 | −2 838 | −3 154 | −3 531 |
| EBIT | 2 624 | 720 | 4 534 | 9 217 | 18 330 |
| Net financials | −1 418 | −680 | 1 443 | −2 221 | −5 681 |
| Profit before tax | 1 205 | 39 | 5 977 | 6 996 | 12 650 |
| Tax | 265 | −123 | 681 | 1 539 | 3 298 |
| Net profit | 940 | 162 | 5 296 | 5 457 | 9 351 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 54 851 | 55 963 | 67 923 | 83 484 | 108 665 |
| Equity | 12 712 | 12 874 | 18 170 | 21 596 | 27 948 |
| Long-term debt | 22 673 | 18 183 | 12 845 | 11 813 | 17 804 |
| Short-term debt | 19 465 | 24 906 | 36 908 | 50 075 | 62 913 |
| Total debt | 42 139 | 43 089 | 49 753 | 61 888 | 80 717 |
EBITDA margin
11.5%
This company
15.8%
Market median
-27% vs market
20202024
Equity ratio
25.7%
This company
38.2%
Market median
-33% vs market
20202024
Return on equity
33.5%
This company
18.4%
Market median
+82% vs market
20202024
Net profit margin
4.9%
This company
8.1%
Market median
-40% vs market
20202024
Asset turnover
1.75×
This company
1.12×
Market median
+56% vs market
20202024
Debt / equity
2.89×
This company
0.62×
Market median
-366% 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) | ||
JS Chief Executive Officer | Chief Executive Officer | 2022 |
HL Chief Executive Officer | Chief Executive Officer | 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (7) | ||
| Board of Directors | 2025 | |
| Board of Directors | 2016 | |
| Board of Directors | 2016 | |
| Board of Directors | 2025 | |
| Chairman | 2016 | |
| Board of Directors | 2016 | |
| Board of Directors | 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 49.01% | 49.01% | 2024 | |
| Company | 17.84% | 17.84% | 2024 | |
| Company | 12.15% | 12.15% | 2024 | |
| Company | 10% | 10% | 2024 | |
| Individual | 2% | 2% | 2024 | |
| Company | 2% | 2% | 2024 | |
| Individual | 2% | 2% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Ar-Kan As
STEELWORK AS Board members of STEELWORK AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| John Steinar Olsson | Chief Executive Officer | 0 companies |
| Håvard Løvdahl Hellvik | Chief Executive Officer | 0 companies |
| Marit Smith-Jacobsen | Board of Directors | 0 companies |
| Øyvind Bjørkhaug | Board of Directors | 0 companies |
| Jarle Årsland | Board of Directors | 0 companies |
| Heidi Kleppe | Board of Directors | 0 companies |
| Gabriel Pollestad | Chairman | 0 companies |
| Karl Emil Gramstad | Board of Directors | 0 companies |
| Janka Salte | Board of Directors | 0 companies |