Riskpilot← Back to searchSign inGet full accessLIFT UP AS
ASActiveOrg 979392354Venjanesvegen 221, 5641 FusaManufacture of other general-purpose machinery n.e.c. · NACE 2829Est. 199731 employeeswww.liftup.no
Revenue 2023
NOK 122,5M
+36% vs 2022
EBITDA margin
13.5%
+132% vs 2022
Equity ratio
56.7%
Financial strength
Net profit 2023
NOK 11,3M
+149% vs 2022
| Revenue | NOK 122,5M | +36% |
| EBITDA | NOK 16,5M | +132% |
| Net profit | NOK 11,3M | +149% |
| Total assets | NOK 58,3M | +14% |
| Equity | NOK 33M | +164% |
| Employees | 31 | — |
Legal name
LIFT UP AS
Org number
979392354
Legal form
Aksjeselskap
NACE code
2829 · Manufacture of other general-purpose machinery n.e.c.
Founded
10. november 1997
Share capital
NOK 106 000
Employees
31 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Address
Venjanesvegen 221, 5641 Fusa
Website
www.liftup.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue | 56 946 | 74 535 | 75 402 | 90 033 | 122 478 |
| Staff expenses | −11 365 | −10 947 | −12 737 | −18 822 | −26 260 |
| EBITDA | 13 296 | 17 619 | 12 476 | 7 138 | 16 531 |
| Depreciation & amort. | −743 | −4 139 | −664 | −451 | −1 245 |
| EBIT | 12 552 | 13 480 | 11 812 | 6 687 | 15 286 |
| Net financials | −261 | −421 | −852 | −852 | −736 |
| Profit before tax | 12 291 | 13 059 | 10 960 | 5 835 | 14 550 |
| Tax | 2 496 | 2 895 | 2 438 | 1 284 | 3 218 |
| Net profit | 9 795 | 10 164 | 8 522 | 4 550 | 11 332 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Total assets | 47 375 | 60 686 | 41 301 | 51 226 | 58 250 |
| Equity | 19 250 | 21 236 | 14 552 | 12 497 | 33 029 |
| Long-term debt | 4 681 | 20 024 | 13 748 | 7 460 | 0 |
| Short-term debt | 23 446 | 19 426 | 13 002 | 31 269 | 25 221 |
| Total debt | 28 127 | 39 451 | 26 750 | 38 729 | 25 221 |
EBITDA margin
13.5%
This company
15.8%
Market median
-15% vs market
20192023
Equity ratio
56.7%
This company
38.2%
Market median
+48% vs market
20192023
Return on equity
34.3%
This company
18.4%
Market median
+86% vs market
20192023
Net profit margin
9.3%
This company
8.1%
Market median
+15% vs market
20192023
Asset turnover
2.10×
This company
1.12×
Market median
+87% vs market
20192023
Debt / equity
0.76×
This company
0.62×
Market median
+23% vs market
20192023
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ME Chief Executive Officer | Chief Executive Officer | 2022 |
| Former (1) | ||
WH Chief Executive Officer | Chief Executive Officer | 2005 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2021 | |
| Chairman | 2021 | |
| Board of Directors | 2021 | |
| Former (3) | ||
| Chairman | 2018 – 2021 | |
| Board of Directors | 2018 – 2021 | |
| Board of Directors | 2018 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Alfa Laval Nordic As
LIFT UP AS Board members of LIFT UP AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Magnus Eikeland Holmefjord | Chief Executive Officer | 0 companies |
| William Heffernan | Chief Executive Officer | 0 companies |
| Arni Tor Rasmussen | Chairman | 0 companies |
| Rune Hatletvedt | Board of Directors | 0 companies |
| Bengt Holme | Board of Directors | 0 companies |
| Jan Martijn Bergink | Chairman | 0 companies |
| Oddbjørn Haukås Jacobsen | Board of Directors | 0 companies |
| Nils Oskar Jegstad | Board of Directors | 0 companies |