Riskpilot← Back to searchSign inGet full accessDEVOLD OF NORWAY AS
ASActiveOrg 984636318O.A.Devold-Vegen 16, 6030 LangevågManufacture of other wearing apparel and accessories n.e.c. · NACE 1429Est. 200239 employees
Revenue 2024
NOK 421,5M
+8% vs 2023
EBITDA margin
3.9%
+327% vs 2023
Equity ratio
12.6%
Financial strength
Net profit 2024
NOK 118,9M
+1383% vs 2023
| Revenue | NOK 421,5M | +8% |
| EBITDA | NOK 16,6M | +327% |
| Net profit | NOK 118,9M | +1383% |
| Total assets | NOK 434,8M | +18% |
| Equity | NOK 54,8M | -49% |
| Employees | 39 | — |
Legal name
DEVOLD OF NORWAY AS
Org number
984636318
Legal form
Aksjeselskap
NACE code
1429 · Manufacture of other wearing apparel and accessories n.e.c.
Founded
27. juni 2002
Share capital
NOK 2 550 000
Employees
39 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller styrets leder alene.
Company purpose
Produksjon, markedsføring og omsetning av tekstilprodukter, samt alt som står i forbindelse med dette, herunder å delta i andre selskaper med lignende virksomhet.
Address
O.A.Devold-Vegen 16, 6030 Langevåg
Phone
+4770197700
Email
post@devold.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 276 114 | 396 371 | 404 437 | 388 985 | 421 463 |
| Staff expenses | −37 111 | −54 094 | −38 931 | −37 491 | −49 378 |
| EBITDA | 9 757 | 39 663 | 44 623 | 3 897 | 16 626 |
| Depreciation & amort. | −4 357 | −4 657 | −7 350 | −8 703 | −7 156 |
| EBIT | 5 400 | 35 007 | 37 273 | −4 806 | 9 470 |
| Net financials | 0 | 0 | 0 | 0 | 109 728 |
| Profit before tax | 3 559 | 35 627 | 81 326 | −11 401 | 119 198 |
| Tax | 635 | 7 734 | 6 963 | −2 133 | 326 |
| Net profit | 2 923 | 27 892 | 74 363 | −9 268 | 118 872 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 210 243 | 283 584 | 294 695 | 367 158 | 434 842 |
| Equity | 62 086 | 64 404 | 116 289 | 107 021 | 54 813 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 115 879 | 188 488 | 145 984 | 226 861 | 380 029 |
| Total debt | 148 157 | 219 179 | 178 406 | 260 137 | 380 029 |
EBITDA margin
3.9%
This company
15.8%
Market median
-75% vs market
20202024
Equity ratio
12.6%
This company
38.2%
Market median
-67% vs market
20202024
Return on equity
216.9%
This company
18.4%
Market median
+1079% vs market
20202024
Net profit margin
28.2%
This company
8.1%
Market median
+248% vs market
20202024
Asset turnover
0.97×
This company
1.12×
Market median
+13% vs market
20202024
Debt / equity
6.93×
This company
0.62×
Market median
-1018% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ØV Chief Executive Officer | Chief Executive Officer | 2023 |
| Former (1) | ||
CH Chief Executive Officer | Chief Executive Officer | 2014 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (7) | ||
| Board of Directors | 2023 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Board of Directors | 2023 | |
| Board of Directors | 2025 | |
| Chairman | 2025 | |
| Board of Directors | 2025 | |
| Former (3) | ||
| Board of Directors | 2020 – 2023 | |
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2023 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Ktf Holding As
DEVOLD OF NORWAY AS Board members of DEVOLD OF NORWAY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Øystein Vikingsen Fauske | Chief Executive Officer | 0 companies |
| Cathrine Haug Stange | Chief Executive Officer | 0 companies |
| Maria Lilly Flakk | Board of Directors | 0 companies |
| Rolf Gregor Skaar | Board of Directors | 0 companies |
| Knut Trygve Flakk | Board of Directors | 0 companies |
| Hans Martin Axelhed | Board of Directors | 0 companies |
| Laila Helen Sørdal Gaustadnes | Board of Directors | 0 companies |
| Gitte Susanne Dalsgaard Nordin | Board of Directors | 0 companies |
| Kristine Landmark | Board of Directors | 0 companies |
| Lasse Viken Kjønstad | Board of Directors | 0 companies |
| Erik Martin Nordin | Chairman | 0 companies |
| Eefje Anna Jacques | Board of Directors | 0 companies |