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ASAActiveOrg 979938799Karenslyst Allé 49, 0279 OsloManufacture of electric motors, generators and transformers · NACE 2711Est. 199827 employeeswww.nelhydrogen.com
Revenue 2024
NOK 105,6M
+32% vs 2023
EBITDA margin
-33.5%
+12% vs 2023
Equity ratio
95.6%
Financial strength
Net profit 2024
NOK -710,6M
-10121% vs 2023
| Revenue | NOK 105,6M | +32% |
| EBITDA | NOK -35,4M | +12% |
| Net profit | NOK -710,6M | -10121% |
| Total assets | NOK 6,1B | -21% |
| Equity | NOK 5,9B | -23% |
| Employees | 27 | — |
Legal name
NEL ASA
Org number
979938799
Legal form
Allmennaksjeselskap
NACE code
2711 · Manufacture of electric motors, generators and transformers
Founded
3. juni 1998
Share capital
NOK 367 691 566
Employees
27 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Ett styremedlem og daglig leder i fellesskap eller to styremedlemmer i fellesskap.
Company purpose
Å, direkte eller indirekte, gjennom investeringer eller eierskap, å drive virksomhet tilknyttet produksjon og salg av hydrogenanlegg og/eller andre hydrogenrelaterte produkter eller tjenester, eller tilknyttede aktiviteter.
Address
Karenslyst Allé 49, 0279 Oslo
Phone
+4723248950
Email
info@nelhydrogen.com
Website
www.nelhydrogen.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 200 | 2 400 | 3 184 | 6 301 | 10 932 | 19 264 | 43 545 | 75 649 | 89 947 | 79 767 | 105 588 |
| Staff expenses | −1 787 | −0 | −0 | −20 850 | −15 931 | −26 164 | −33 553 | −52 032 | −69 070 | −67 541 | −75 715 |
| EBITDA | −9 564 | −14 400 | −24 442 | −36 998 | −22 473 | −23 362 | −10 814 | −18 434 | −36 374 | −40 197 | −35 407 |
| Depreciation & amort. | −100 | −0 | −35 | −135 | −161 | −1 043 | −1 113 | −2 645 | −3 463 | −4 089 | −4 102 |
| EBIT | −9 664 | −14 400 | −24 477 | −37 133 | −22 634 | −24 405 | −11 927 | −21 079 | −39 837 | −44 286 | −39 509 |
| Net financials | 17 186 | 2 457 | 2 321 | 4 414 | 6 590 | −11 866 | 168 333 | −3 377 | −1 412 107 | 37 334 | −671 059 |
| Profit before tax | 7 521 | −11 943 | −22 156 | −32 719 | −16 044 | −36 271 | 156 406 | −24 456 | −1 451 944 | −6 952 | −710 568 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | 7 521 | −11 943 | −22 156 | −32 719 | −16 044 | −36 271 | 156 406 | −24 456 | −1 451 944 | −6 952 | −710 568 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 212 851 | 742 233 | 734 148 | 1 457 625 | 1 775 225 | 2 276 944 | 4 772 298 | 6 017 742 | 6 125 950 | 7 784 776 | 6 119 526 |
| Equity | 210 855 | 736 098 | 730 977 | 1 451 226 | 1 764 663 | 2 258 533 | 4 737 581 | 5 962 151 | 6 040 992 | 7 622 706 | 5 852 330 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 555 | 16 098 | 72 447 | 190 554 |
| Short-term debt | 1 996 | 6 135 | 3 171 | 6 399 | 10 562 | 17 379 | 33 881 | 46 889 | 57 046 | 82 598 | 76 642 |
| Total debt | 1 996 | 6 135 | 3 171 | 6 399 | 10 562 | 17 379 | 33 881 | 48 444 | 73 144 | 155 045 | 267 196 |
EBITDA margin
-33.5%
This company
15.8%
Market median
-312% vs market
20142024
Equity ratio
95.6%
This company
38.2%
Market median
+150% vs market
20142024
Return on equity
-12.1%
This company
18.4%
Market median
-166% vs market
20142024
Net profit margin
-673.0%
This company
8.1%
Market median
-8409% vs market
20142024
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
20142024
Debt / equity
0.05×
This company
0.62×
Market median
+92% vs market
20142024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JA Chief Executive Officer | Chief Executive Officer | 2016 | — | — |
HR Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2022 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2026 | — | — | |
| Board of Directors | 2022 | — | — |
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|---|---|---|---|---|
Clearstream Banking S.A. | Company | 66.9% | 66.9% | 2024 |
| Individual | 55.7% | 55.7% | 2022 | |
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The Bank Of New York Mellon Sa/Nv | Company | 1.8% | 1.8% | 2024 |
| Individual | 1.8% | 1.8% | 2022 | |
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Six Sis Ag | Company | 1.4% | 1.4% | 2024 |
Jpmorgan Chase Bank, N.A., London | Company | 1.4% | 1.4% | 2024 |
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| Individual | 1.2% | 1.2% | 2022 | |
| Individual | 1.1% | 1.1% | 2022 | |
Nordnet Bank Ab | Company | 1.0% | 1.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
NEL ASA 
KNOX ENERGY SOLUTIONS ASBoard members of NEL ASA also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jon Andre Løkke | Chief Executive Officer | 0 companies |
| Håkon Rypern Volldal | Chief Executive Officer | 0 companies |
| Ole Enger | Chairman | 0 companies |
| Jens Bjørn Staff | Board of Directors | 0 companies |
| Hanne Legardt Blume Levy | Board of Directors | 0 companies |
| Arvid Moss | Chairman | 0 companies |
| Beatriz Malo De Molina Laborde | Board of Directors | 0 companies |
| Gyu Yeon Kang | Board of Directors | 0 companies |
| Finn Marum Jebsen | Board of Directors | 0 companies |
| Anna Charlotta Falvin | Board of Directors | 0 companies |
| Hans Erik Vatne | Board of Directors | 0 companies |
| Tom Røtjer | Board of Directors | 0 companies |