Riskpilot← Back to searchSign inGet full accessSERVOGEAR AS
ASActiveOrg 980414159Brubakken 73, 5420 RubbestadnesetManufacture of bearings, gears, gearing and driving elements · NACE 2815Est. 199861 employees
Revenue 2024
NOK 140,3M
+2% vs 2023
EBITDA margin
-5.8%
+68% vs 2023
Equity ratio
10.4%
Financial strength
Net profit 2024
NOK -12,3M
+53% vs 2023
| Revenue | NOK 140,3M | +2% |
| EBITDA | NOK -8,1M | +68% |
| Net profit | NOK -12,3M | +53% |
| Total assets | NOK 145,1M | -8% |
| Equity | NOK 15,1M | -45% |
| Employees | 61 | — |
Legal name
SERVOGEAR AS
Org number
980414159
Legal form
Aksjeselskap
NACE code
2815 · Manufacture of bearings, gears, gearing and driving elements
Founded
22. desember 1998
Share capital
NOK 14 056 000
Employees
61 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskapet tegnes av styrets leder i felleskap med et styremedlem.
Address
Brubakken 73, 5420 Rubbestadneset
Phone
+4753423950
Email
main.office@servogear.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 45 148 | 62 596 | 58 037 | 47 910 | 89 100 | 94 107 | 111 646 | 110 010 | 111 832 | 80 888 | 104 937 | 98 401 | 78 121 | 126 482 | 116 038 | 137 214 | 140 254 |
| Staff expenses | −14 128 | −19 802 | −18 870 | −18 551 | −24 138 | −28 650 | −33 304 | −33 235 | −29 750 | −28 281 | −29 573 | −32 418 | −29 842 | −34 497 | −40 162 | −55 633 | −52 622 |
| EBITDA | 5 787 | 3 136 | 5 770 | 1 847 | 5 456 | 4 995 | −2 583 | 4 105 | 10 038 | 5 588 | 9 890 | −194 | 3 609 | 4 804 | −4 616 | −25 403 | −8 093 |
| Depreciation & amort. | −330 | −401 | −451 | −503 | −564 | −945 | −1 547 | −1 825 | −1 954 | −2 339 | −2 483 | −2 563 | −2 716 | −2 977 | −3 088 | −4 620 | −3 889 |
| EBIT | 5 456 | 2 735 | 5 318 | 1 344 | 4 892 | 4 049 | −4 129 | 2 280 | 8 083 | 3 248 | 7 408 | −2 757 | 893 | 1 828 | −7 704 | −30 023 | −11 982 |
| Net financials | −299 | −681 | −89 | −403 | 94 | −588 | −1 212 | −587 | −1 081 | −552 | −778 | −1 389 | −1 664 | −1 430 | −1 586 | −3 272 | −3 725 |
| Profit before tax | 5 157 | 2 054 | 5 229 | 941 | 4 987 | 3 462 | −5 341 | 1 693 | 7 002 | 2 696 | 6 630 | −4 146 | −771 | 398 | −9 290 | −33 295 | −15 707 |
| Tax | 1 485 | 610 | 1 518 | −318 | 1 440 | 905 | −1 426 | 366 | 1 582 | 688 | 1 531 | −900 | −160 | −373 | −3 687 | −7 303 | −3 446 |
| Net profit | 3 672 | 1 444 | 3 711 | 4 551 | 3 546 | 2 557 | −3 916 | 1 327 | 5 420 | 2 008 | 5 098 | −3 246 | −610 | 771 | −5 603 | −25 992 | −12 261 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 40 158 | 61 603 | 58 350 | 55 052 | 63 542 | 79 430 | 84 385 | 89 192 | 90 616 | 82 199 | 88 720 | 89 945 | 88 934 | 93 512 | 99 316 | 158 398 | 145 059 |
| Equity | 16 289 | 23 728 | 25 939 | 30 490 | 33 336 | 34 643 | 30 727 | 31 254 | 23 172 | 24 181 | 28 279 | 25 033 | 23 422 | 26 224 | 20 620 | 27 352 | 15 092 |
| Long-term debt | −1 757 | −1 338 | −400 | −400 | 7 314 | 12 359 | 10 340 | 16 215 | 27 333 | 24 277 | 23 095 | 26 254 | 38 274 | 25 006 | 359 | 284 | 113 |
| Short-term debt | 16 603 | 28 161 | 26 702 | 16 404 | 22 492 | 31 828 | 42 717 | 41 123 | 39 511 | 33 342 | 36 945 | 37 586 | 26 205 | 41 416 | 76 984 | 128 198 | 127 982 |
| Total debt | 22 112 | 36 537 | 32 011 | 24 162 | 29 806 | 44 187 | 53 058 | 57 338 | 66 843 | 57 619 | 60 041 | 63 841 | 64 478 | 66 422 | 77 343 | 128 482 | 128 095 |
EBITDA margin
-5.8%
This company
15.8%
Market median
-137% vs market
20082024
Equity ratio
10.4%
This company
38.2%
Market median
-73% vs market
20082024
Return on equity
-81.2%
This company
18.4%
Market median
-541% vs market
20082024
Net profit margin
-8.7%
This company
8.1%
Market median
-207% vs market
20082024
Asset turnover
0.97×
This company
1.12×
Market median
+13% vs market
20082024
Debt / equity
8.61×
This company
0.62×
Market median
-1289% vs market
20082024
- 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
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
VH Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
EA Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
AA Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
TS Chief Executive Officer | Chief Executive Officer | 2013 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Chairman | 2017 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2017 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2017 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Bertel O. Steen Power Solutions As | Company | 100.0% | 100.0% | 2024 |
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Bosk Medinvest I As
SERVOGEAR AS Board members of SERVOGEAR AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Vermund Hjelland | Chief Executive Officer | 0 companies |
| Erik Aleksander Riis Grini | Chief Executive Officer | 0 companies |
| Anita Alsaker | Chief Executive Officer | 0 companies |
| Torleif Stokke | Chief Executive Officer | 0 companies |
| Asbjørn Sjøvoll | Board of Directors | 0 companies |
| Rolv Haldorsen | Chairman | 0 companies |
| Vidar Svendsen | Board of Directors | 0 companies |
| Rolf Egil Furnes | Board of Directors | 0 companies |
| Per Bjørn Habbestad | Board of Directors | 0 companies |
| Andre Baumbach | Board of Directors | 0 companies |
| Ove Johan Solem | Chairman | 0 companies |
| Arnfinn Matre | Board of Directors | 0 companies |