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IWAKI NORGE AS
AS
Active
Org 977264030
Bjørnerudveien 13, 1266 Oslo
Wholesale of hardware, plumbing and heating equipment and supplies · NACE 4684
Est. 1997
6 employees
www.iwaki.no
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 40,6M
-15% vs 2024
EBITDA margin
8.2%
-47% vs 2024
Equity ratio
57.1%
Financial strength
Net profit 2025
NOK 2,6M
-45% vs 2024
EBITDA — year on year
NOK millions
9M
7M
4M
2M
0M
2M
2021
4M
+100%
2022
7M
+75%
2023
6M
-14%
2024
3M
-50%
2025
Key figures
Annual report 2025
Revenue
NOK 40,6M
-15%
EBITDA
NOK 3,3M
-47%
Net profit
NOK 2,6M
-45%
Total assets
NOK 15,1M
-17%
Equity
NOK 8,6M
-14%
Employees
6
—
Company information
Legal name
IWAKI NORGE AS
Org number
977264030
Legal form
Aksjeselskap
NACE code
4684 · Wholesale of hardware, plumbing and heating equipment and supplies
Founded
31. januar 1997
Share capital
NOK 1 150 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Roald finstad
Contact
Address
Bjørnerudveien 13, 1266 Oslo
Website
www.iwaki.no
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Companies in Wholesale of hardware, plumbing and heating equipment and supplies
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
14M
28M
41M
55M
29M
2021
35M
2022
47M
2023
48M
2024
41M
2025
EBITDA
NOK millions
0M
2M
4M
6M
8M
2M
2021
4M
2022
7M
2023
6M
2024
3M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
29 455
35 328
46 578
47 723
40 640
Staff expenses
−6 648
−6 838
−8 005
−8 246
−8 454
EBITDA
1 922
3 514
7 233
6 304
3 322
Depreciation & amort.
−367
−11
−22
−22
−16
EBIT
1 555
3 503
7 211
6 282
3 306
Net financials
−101
−372
−781
−181
51
Profit before tax
1 454
3 131
6 430
6 101
3 357
Tax
320
690
1 431
1 331
739
Net profit
1 134
2 440
4 999
4 770
2 619
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
9 192
12 396
18 355
18 152
15 063
Equity
4 876
6 217
9 216
9 986
8 605
Long-term debt
1
2
0
4
1
Short-term debt
4 315
6 177
9 139
8 161
6 457
Total debt
4 315
6 180
9 139
8 165
6 458
Financial ratios
5-year trend
EBITDA margin
8.2%
This company
15.8%
Market median
-48% vs market
2021
2025
Equity ratio
57.1%
This company
38.2%
Market median
+49% vs market
2021
2025
Return on equity
30.4%
This company
18.4%
Market median
+65% vs market
2021
2025
Net profit margin
6.4%
This company
8.1%
Market median
-21% vs market
2021
2025
Asset turnover
2.70×
This company
1.12×
Market median
+141% vs market
2021
2025
Debt / equity
0.75×
This company
0.62×
Market median
+21% vs market
2021
2025
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
JK
Jon Kåre Brekke
Board of Directors
2021
TE
Tomoki Egami
Board of Directors
2021
JG
Jan Gotlieb Feddersen
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Iwaki Nordic As
Company
80%
80%
2023
Roald Finstad
Individual
20%
20%
2023
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of IWAKI NORGE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jon Kåre Brekke
Board of Directors
0 companies
Tomoki Egami
Board of Directors
0 companies
Jan Gotlieb Feddersen
Chairman
0 companies