Riskpilot← Back to searchSign inGet full accessPIPELIFE NORGE AS
ASActiveOrg 980457575Hamnesvegen 97, 6650 SurnadalManufacture of plastic plates, sheets, tubes and profiles · NACE 2221Est. 1998291 employees
Revenue 2024
NOK 1,5B
-7% vs 2023
EBITDA margin
8.6%
-19% vs 2023
Equity ratio
8.7%
Financial strength
Net profit 2024
NOK 45,2M
-57% vs 2023
| Revenue | NOK 1,5B | -7% |
| EBITDA | NOK 131,8M | -19% |
| Net profit | NOK 45,2M | -57% |
| Total assets | NOK 1,1B | -9% |
| Equity | NOK 99,8M | +5% |
| Employees | 291 | — |
Legal name
PIPELIFE NORGE AS
Org number
980457575
Legal form
Aksjeselskap
NACE code
2221 · Manufacture of plastic plates, sheets, tubes and profiles
Founded
21. desember 1998
Share capital
NOK 50 000 000
Employees
291 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Address
Hamnesvegen 97, 6650 Surnadal
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 | 734 550 | 664 720 | 621 652 | 663 421 | 835 295 | 906 285 | 881 649 | 1 001 577 | 1 117 052 | 1 001 043 | 1 106 074 | 1 079 559 | 1 217 143 | 1 391 509 | 1 584 969 | 1 635 800 | 1 528 441 |
| Staff expenses | −105 267 | −90 755 | −92 395 | −91 815 | −100 640 | −111 890 | −121 764 | −130 260 | −142 868 | −147 765 | −161 402 | −182 580 | −192 982 | −206 058 | −212 942 | −235 301 | −247 757 |
| EBITDA | 100 225 | 107 770 | 66 383 | 71 448 | 138 225 | 135 440 | 84 261 | 157 641 | 177 411 | 95 500 | 94 679 | 124 109 | 150 566 | 180 649 | 126 137 | 163 085 | 131 776 |
| Depreciation & amort. | −14 039 | −15 512 | −18 855 | −19 425 | −22 057 | −0 | −0 | −525 | −26 290 | −26 676 | −29 452 | −55 846 | −56 738 | −58 860 | −0 | −0 | −0 |
| EBIT | 86 186 | 92 258 | 47 528 | 52 023 | 116 168 | 135 440 | 84 261 | 157 116 | 151 121 | 68 824 | 65 227 | 68 263 | 93 828 | 121 788 | 126 137 | 163 085 | 131 776 |
| Net financials | −16 109 | 4 738 | −1 603 | −9 002 | −4 718 | −10 142 | −15 781 | −862 | −3 159 | −13 638 | −8 864 | −15 988 | 12 719 | −17 661 | −31 312 | −26 945 | −67 812 |
| Profit before tax | 70 077 | 96 996 | 45 924 | 43 021 | 111 450 | 125 298 | 68 480 | 156 254 | 147 962 | 55 187 | 56 363 | 52 274 | 106 547 | 104 127 | 94 825 | 136 141 | 63 964 |
| Tax | 19 742 | 27 384 | 13 138 | 12 293 | 31 525 | 35 172 | 18 831 | 42 106 | 36 852 | 12 878 | 12 784 | 11 686 | 22 677 | 22 081 | 21 654 | 30 281 | 18 777 |
| Net profit | 50 334 | 69 612 | 32 786 | 30 728 | 79 925 | 90 127 | 49 648 | 114 148 | 111 110 | 42 309 | 43 579 | 40 589 | 83 870 | 82 046 | 73 171 | 105 859 | 45 187 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 369 207 | 314 865 | 351 428 | 368 709 | 459 736 | 524 373 | 531 716 | 572 504 | 641 164 | 655 938 | 803 926 | 913 405 | 1 108 489 | 1 341 951 | 1 421 589 | 1 249 665 | 1 143 297 |
| Equity | 52 863 | 58 475 | 51 261 | 50 990 | 51 415 | 51 542 | 52 190 | 61 338 | 67 448 | 64 757 | 65 336 | 87 751 | 95 090 | 67 136 | 69 307 | 95 167 | 99 757 |
| Long-term debt | 100 310 | 43 528 | 25 271 | 32 969 | 4 084 | 8 083 | 67 773 | 5 973 | 12 308 | 49 419 | 163 237 | 330 860 | 491 623 | 612 019 | 604 116 | 515 241 | 548 230 |
| Short-term debt | 212 023 | 209 411 | 270 130 | 280 427 | 398 135 | 461 578 | 406 839 | 499 412 | 555 742 | 536 545 | 559 620 | 479 077 | 488 097 | 617 760 | 709 427 | 611 696 | 487 030 |
| Total debt | 312 333 | 252 939 | 295 402 | 313 396 | 402 219 | 469 660 | 474 612 | 505 385 | 568 051 | 585 964 | 722 857 | 809 937 | 979 721 | 1 229 778 | 1 313 543 | 1 126 937 | 1 035 260 |
EBITDA margin
8.6%
This company
15.8%
Market median
-46% vs market
20082024
Equity ratio
8.7%
This company
38.2%
Market median
-77% vs market
20082024
Return on equity
45.3%
This company
18.4%
Market median
+146% vs market
20082024
Net profit margin
3.0%
This company
8.1%
Market median
-63% vs market
20082024
Asset turnover
1.34×
This company
1.12×
Market median
+20% vs market
20082024
Debt / equity
10.46×
This company
0.62×
Market median
-1587% 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 |
|---|---|---|---|---|
OE Deputy Member | Deputy Member | 2022 | — | — |
BF Deputy Member | Deputy Member | 2020 | — | — |
SA Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
HR Deputy Member | Deputy Member | 2022 | — | — |
SB Deputy Member | Deputy Member | 2025 | — | — |
TK Deputy Member | Deputy Member | 2020 | — | — |
JF Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
KW Deputy Member | Deputy Member | 2024 | — | — |
HS Deputy Member | Deputy Member | 2022 | — | — |
LP Deputy Member | Deputy Member | 2022 | — | — |
AM Deputy Member | Deputy Member | 2025 | — | — |
RT Deputy Member | Deputy Member | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Pipelife Nordic Ab | Company | 100.0% | 100.0% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
PIPELIFE NORGE AS 
ULMO ASBoard members of PIPELIFE NORGE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ole Erik Haug | Deputy Member | 0 companies |
| Børre Finsrud | Deputy Member | 0 companies |
| Sigmund Aandstad | Chief Executive Officer | 0 companies |
| Hallvard Roaldset | Deputy Member | 0 companies |
| Simen Bechmann Klausen | Deputy Member | 0 companies |
| Torbjørn Kvande | Deputy Member | 0 companies |
| Jørn Fragge | Chief Executive Officer | 0 companies |
| Karl Wagner | Deputy Member | 0 companies |
| Harald Schwarzmayr | Deputy Member | 0 companies |
| Lars Petter Borgen | Deputy Member | 0 companies |
| Ann Malen Dokken Bråten | Deputy Member | 0 companies |
| Ronny Thunestveit Aasgård | Deputy Member | 0 companies |
| Øyunn Fugelsøy Aune | Board of Directors | 0 companies |
| Robert Odberg | Board of Directors | 0 companies |
| Susanne Said | Board of Directors | 0 companies |
| John Christian Sogge | Board of Directors | 0 companies |
| Aksel Ruud | Board of Directors | 0 companies |
| Gabriele Schallegger | Board of Directors | 0 companies |
| Ulf Jøran Selander | Board of Directors | 0 companies |
| Wolfgang Rainer | Chairman | 0 companies |