Riskpilot← Back to searchSign inGet full accessCARGONET AS
ASActiveOrg 983606598Schweigaards Gate 23, 0191 OsloFreight rail transport · NACE 4920Est. 2001501 employeeswww.cargonet.no
Revenue 2024
NOK 1,3B
+3% vs 2023
EBITDA margin
-14.8%
-131% vs 2023
Equity ratio
36.4%
Financial strength
Net profit 2024
NOK -206,3M
-82% vs 2023
| Revenue | NOK 1,3B | +3% |
| EBITDA | NOK -193,3M | -131% |
| Net profit | NOK -206,3M | -82% |
| Total assets | NOK 739,1M | -2% |
| Equity | NOK 268,9M | +115% |
| Employees | 501 | — |
Legal name
CARGONET AS
Org number
983606598
Legal form
Aksjeselskap
NACE code
4920 · Freight rail transport
Founded
27. august 2001
Share capital
NOK 25 010 000
Employees
501 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Godstransport på jernbane.
Address
Schweigaards Gate 23, 0191 Oslo
Email
invoice@cargonet.no
Website
www.cargonet.no
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| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 511 244 | 1 439 344 | 1 123 512 | 1 059 764 | 1 090 782 | 1 015 944 | 1 022 649 | 970 414 | 1 023 899 | 1 009 137 | 1 019 658 | 975 225 | 1 064 775 | 1 247 372 | 1 268 215 | 1 306 205 |
| Staff expenses | −0 | −524 970 | −541 800 | −417 442 | −274 597 | −224 311 | −197 125 | −228 941 | −245 272 | −251 464 | −233 938 | −463 905 | −452 209 | −492 754 | −521 500 | −578 093 |
| EBITDA | 1 511 244 | 38 919 | −38 127 | −14 772 | 33 573 | −69 117 | 30 955 | 9 436 | −27 311 | 30 089 | 107 350 | −68 913 | 22 230 | −9 473 | −83 658 | −193 262 |
| Depreciation & amort. | −0 | −87 507 | −70 742 | −63 780 | −52 677 | −42 676 | −38 871 | −34 732 | −29 979 | −103 454 | −106 296 | −31 948 | −35 918 | −40 457 | −40 640 | −40 431 |
| EBIT | 1 511 244 | −48 588 | −108 869 | −78 552 | −19 104 | −111 793 | −7 916 | −25 296 | −57 290 | −73 365 | 1 054 | −100 861 | −13 688 | −49 930 | −124 298 | −233 693 |
| Net financials | 0 | −23 536 | −317 183 | −6 646 | −26 227 | 39 179 | −20 400 | −11 646 | −12 192 | −28 252 | 82 521 | −10 968 | −5 101 | −10 390 | −21 341 | −30 668 |
| Profit before tax | 1 511 244 | −72 124 | −426 052 | −85 198 | −45 331 | −72 614 | −28 316 | −36 942 | −69 482 | −101 617 | 83 575 | −111 829 | −18 789 | −60 320 | −145 639 | −264 361 |
| Tax | −0 | −13 930 | −34 389 | −23 654 | −12 346 | −34 993 | −6 001 | −15 276 | −17 526 | −24 881 | −3 485 | −24 539 | −3 995 | −13 188 | −32 025 | −58 039 |
| Net profit | 1 511 244 | −58 194 | −391 663 | −61 544 | −32 985 | −37 621 | −22 315 | −21 666 | −51 956 | −76 736 | 87 060 | −87 290 | −14 794 | −47 132 | −113 614 | −206 322 |
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 982 582 | 864 715 | 748 569 | 894 131 | 803 273 | 800 937 | 874 790 | 1 009 684 | 772 781 | 1 273 213 | 1 264 895 | 667 494 | 693 357 | 707 818 | 757 736 | 739 053 |
| Equity | — | 290 101 | 69 146 | 112 350 | 149 337 | 126 025 | 175 397 | 271 666 | 180 801 | 73 022 | 117 094 | 300 747 | 285 953 | 238 821 | 125 207 | 268 885 |
| Long-term debt | 0 | 277 323 | 250 000 | 250 000 | 0 | 250 000 | 250 000 | 200 000 | 0 | 492 786 | 431 512 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 0 | 228 217 | 345 846 | 202 260 | 420 789 | 205 342 | 228 018 | 235 011 | 259 722 | 393 712 | 364 783 | 208 632 | 220 605 | 265 598 | 534 083 | 355 365 |
| Total debt | 0 | 505 540 | 595 846 | 452 260 | 420 789 | 455 342 | 478 018 | 435 011 | 259 722 | 886 498 | 796 295 | 208 632 | 220 605 | 265 598 | 534 083 | 355 365 |
EBITDA margin
-14.8%
This company
15.8%
Market median
-194% vs market
20092024
Equity ratio
36.4%
This company
38.2%
Market median
+5% vs market
20092024
Return on equity
-76.7%
This company
18.4%
Market median
-517% vs market
20092024
Net profit margin
-15.8%
This company
8.1%
Market median
-295% vs market
20092024
Asset turnover
1.77×
This company
1.12×
Market median
+58% vs market
20092024
Debt / equity
1.75×
This company
0.62×
Market median
-182% vs market
20092024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
KC Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
AS Deputy Member | Deputy Member | 2022 | — | — |
OP Deputy Member | Deputy Member | 2023 | — | — |
CF Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
BA Deputy Member | Deputy Member | 2020 | — | — |
RO Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
FÅ Deputy Member | Deputy Member | 2022 | — | — |
AL Deputy Member | Deputy Member | 2023 | — | — |
WK Deputy Member | Deputy Member | 2022 | — | — |
RJ Deputy Member | Deputy Member | 2023 | — | — |
AI Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
AS Deputy Member | Deputy Member | 2022 | — | — |
BJ Deputy Member | Deputy Member | 2020 | — | — |
SS Deputy Member | Deputy Member | 2023 | — | — |
FM Deputy Member | Deputy Member | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2022 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Vygruppen As | Company | 100.0% | 100.0% | 2023 |
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Samferdselsdepartementet
CARGONET AS Board members of CARGONET AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kine Cecilie Angelskår Barth | Chief Executive Officer | 0 companies |
| Asbjørn Svenning | Deputy Member | 0 companies |
| Ola Petter Bremer | Deputy Member | 0 companies |
| Carl Fredrik Karlsen | Chief Executive Officer | 0 companies |
| Bjørn Andreas Vastveit | Deputy Member | 0 companies |
| Robin Olsen | Chief Executive Officer | 0 companies |
| Frode Åsen | Deputy Member | 0 companies |
| Andre Laukli Arntzen | Deputy Member | 0 companies |
| Wenche Kvalvåg Saue Alvær | Deputy Member | 0 companies |
| Robin Johan Aspenes | Deputy Member | 0 companies |
| Aud Ingvild Storås | Chief Executive Officer | 0 companies |
| Arve Skancke Sørensen | Deputy Member | 0 companies |
| Bård Jacob Bernhard Bergman | Deputy Member | 0 companies |
| Simen Sandum | Deputy Member | 0 companies |
| Frøydis Myhren | Deputy Member | 0 companies |
| Gro Bakstad | Chairman | 0 companies |
| Eirik Hagen | Board of Directors | 0 companies |
| Heidi Renolen | Board of Directors | 0 companies |
| Christopher Robert Nysæter | Board of Directors | 0 companies |
| Ronny Danielsen | Board of Directors | 0 companies |
| Eirik Larsson | Board of Directors | 0 companies |
| Mariann Ravnanger | Board of Directors | 0 companies |
| Erik Røhne | Board of Directors | 0 companies |
| Erlend Sørlle | Board of Directors | 0 companies |
| Liv Haabeth | Board of Directors | 0 companies |
| Kristin Elisabeth Flagstad | Board of Directors | 0 companies |
| Irene Katrin Thunshelle | Board of Directors | 0 companies |
| Morten Nathalius Müller-Nilssen | Board of Directors | 0 companies |