Riskpilot← Back to searchSign inGet full accessNORFLO AS
ASActiveOrg 985901465Moseidveien 13, 4033 StavangerWholesale of other machinery and equipment · NACE 4664Est. 200311 employeeswww.norflo.no
Revenue 2024
NOK 62,3M
+33% vs 2023
EBITDA margin
6.1%
-11% vs 2023
Equity ratio
44.1%
Financial strength
Net profit 2024
NOK 3,6M
-16% vs 2023
| Revenue | NOK 62,3M | +33% |
| EBITDA | NOK 3,8M | -11% |
| Net profit | NOK 3,6M | -16% |
| Total assets | NOK 31,5M | +49% |
| Equity | NOK 13,9M | +5% |
| Employees | 11 | — |
Legal name
NORFLO AS
Org number
985901465
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
4. august 2003
Share capital
NOK 250 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap. Daglig leder og styrets leder i fellesskap.
Company purpose
Handel og servicetjenester både nasjonalt og internasjonalt. Selskapet kan også ha eierandeler i andre selskaper.
Address
Moseidveien 13, 4033 Stavanger
Website
www.norflo.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 20 710 | 22 860 | 29 731 | 24 944 | 39 271 | 48 519 | 35 599 | 28 175 | 12 253 | 13 490 | 22 702 | 23 085 | 23 198 | 30 296 | 39 004 | 46 761 | 62 349 |
| Staff expenses | −0 | −2 864 | −3 807 | −4 930 | −4 058 | −6 474 | −8 172 | −6 577 | −5 540 | −4 474 | −3 526 | −4 106 | −5 333 | −3 860 | −5 475 | −7 596 | −9 541 | −9 911 |
| EBITDA | 0 | 2 416 | 2 238 | 3 417 | 1 399 | 5 374 | 7 789 | 3 642 | 2 133 | −1 632 | −168 | 1 658 | 1 513 | 1 615 | 2 092 | 3 077 | 4 253 | 3 786 |
| Depreciation & amort. | −0 | −52 | −67 | −60 | −57 | −43 | −30 | −48 | −50 | −40 | −28 | −24 | −56 | −56 | −33 | −1 | −40 | −40 |
| EBIT | 0 | 2 363 | 2 171 | 3 356 | 1 342 | 5 332 | 7 759 | 3 593 | 2 084 | −1 672 | −196 | 1 634 | 1 457 | 1 559 | 2 059 | 3 076 | 4 213 | 3 746 |
| Net financials | 0 | 246 | −87 | −46 | 95 | −289 | 1 124 | 318 | 551 | 63 | 217 | 9 | 183 | 392 | 23 | 52 | 1 157 | 872 |
| Profit before tax | 0 | 2 610 | 2 084 | 3 311 | 1 437 | 5 042 | 8 883 | 3 912 | 2 635 | −1 609 | 20 | 1 644 | 1 640 | 1 951 | 2 082 | 3 128 | 5 370 | 4 618 |
| Tax | −0 | 742 | 597 | 937 | 429 | 1 464 | 2 544 | 1 108 | 748 | −383 | 9 | 374 | 330 | 435 | 443 | 710 | 1 093 | 1 016 |
| Net profit | 0 | 1 868 | 1 487 | 2 373 | 1 008 | 3 578 | 6 339 | 2 804 | 1 887 | −1 226 | 11 | 1 270 | 1 310 | 1 516 | 1 639 | 2 417 | 4 277 | 3 601 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 6 535 | 7 522 | 13 544 | 7 364 | 16 547 | 19 558 | 16 975 | 12 148 | 9 172 | 9 221 | 10 819 | 11 458 | 12 137 | 14 744 | 24 655 | 21 143 | 31 537 |
| Equity | — | 2 226 | 2 664 | 3 537 | 3 545 | 4 424 | 5 763 | 6 566 | 7 954 | 6 728 | 6 739 | 7 509 | 8 319 | 9 835 | 10 124 | 11 041 | 13 318 | 13 919 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 5 | 0 |
| Short-term debt | 0 | 4 307 | 4 858 | 10 007 | 3 819 | 12 124 | 13 795 | 10 408 | 4 194 | 2 444 | 2 482 | 3 310 | 3 139 | 2 302 | 4 617 | 13 610 | 7 821 | 17 618 |
| Total debt | 0 | 4 309 | 4 858 | 10 007 | 3 819 | 12 124 | 13 795 | 10 408 | 4 194 | 2 444 | 2 482 | 3 310 | 3 139 | 2 302 | 4 620 | 13 614 | 7 825 | 17 618 |
EBITDA margin
6.1%
This company
15.8%
Market median
-61% vs market
20072024
Equity ratio
44.1%
This company
38.2%
Market median
+15% vs market
20072024
Return on equity
25.9%
This company
18.4%
Market median
+41% vs market
20072024
Net profit margin
5.8%
This company
8.1%
Market median
-28% vs market
20072024
Asset turnover
1.98×
This company
1.12×
Market median
+77% vs market
20072024
Debt / equity
1.27×
This company
0.62×
Market median
-105% vs market
20072024
- 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
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
FM Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
AN Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
RE Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2003 | — | — | |
| Board of Directors | 2026 | — | — | |
| Chairman | 2003 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 13.3% | 13.3% | 2024 | |
| Individual | 13.3% | 13.3% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of NORFLO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Frode Medhus | Chief Executive Officer | 0 companies |
| Arne Nordhagen | Chief Executive Officer | 0 companies |
| Ralph Emmaunuel Daber | Chief Executive Officer | 0 companies |
| Odd Eivind Olsen Rygh | Board of Directors | 0 companies |
| Gaute Wigbjørn Kindervåg | Board of Directors | 0 companies |
| Svein Svensen | Chairman | 0 companies |