Riskpilot← Back to searchSign inGet full accessCORMATE AS
ASActiveOrg 987307471Svestadveien 29, 1458 FjellstrandWholesale of other household goods · NACE 4649Est. 200415 employeeswww.hydrodesign.no
Revenue 2024
NOK 57M
-15% vs 2023
EBITDA margin
4.5%
-75% vs 2023
Equity ratio
22.6%
Financial strength
Net profit 2024
NOK -446K
-109% vs 2023
| Revenue | NOK 57M | -15% |
| EBITDA | NOK 2,6M | -75% |
| Net profit | NOK -446K | -109% |
| Total assets | NOK 51,4M | +8% |
| Equity | NOK 11,6M | -2% |
| Employees | 15 | — |
Legal name
CORMATE AS
Org number
987307471
Legal form
Aksjeselskap
NACE code
4649 · Wholesale of other household goods
Founded
5. oktober 2004
Share capital
NOK 200 000
Employees
15 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikling, produksjon og salg av marinefartøyer for fritidsbruk, og kommersiell virksomhet i det internasjonale marked.
Address
Svestadveien 29, 1458 Fjellstrand
Website
www.hydrodesign.no
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 48 686 | 82 679 | 87 497 | 66 826 | 56 992 |
| Staff expenses | −5 813 | −7 498 | −9 592 | −10 782 | −12 045 |
| EBITDA | 4 703 | 16 982 | 18 395 | 10 376 | 2 579 |
| Depreciation & amort. | −898 | −1 017 | −2 277 | −2 467 | −2 860 |
| EBIT | 3 805 | 15 965 | 16 118 | 7 908 | −282 |
| Net financials | 0 | 0 | 0 | −1 389 | −391 |
| Profit before tax | 8 754 | 15 794 | 15 962 | 6 519 | −673 |
| Tax | 865 | 3 481 | 3 408 | 1 351 | −227 |
| Net profit | 7 889 | 12 313 | 12 554 | 5 168 | −446 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 37 626 | 58 529 | 44 357 | 47 498 | 51 420 |
| Equity | 22 958 | 7 458 | 9 878 | 11 852 | 11 611 |
| Long-term debt | 0 | 0 | 0 | 22 857 | 29 543 |
| Short-term debt | 14 667 | 51 071 | 34 479 | 12 789 | 10 266 |
| Total debt | 14 667 | 51 071 | 34 479 | 35 645 | 39 809 |
EBITDA margin
4.5%
This company
15.8%
Market median
-72% vs market
20202024
Equity ratio
22.6%
This company
38.2%
Market median
-41% vs market
20202024
Return on equity
-3.8%
This company
18.4%
Market median
-121% vs market
20202024
Net profit margin
-0.8%
This company
8.1%
Market median
-110% vs market
20202024
Asset turnover
1.11×
This company
1.12×
Market median
+1% vs market
20202024
Debt / equity
3.43×
This company
0.62×
Market median
-453% 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) | ||
SB Chief Executive Officer | Chief Executive Officer | 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2022 | |
| Chairman | 2022 | |
| Board of Directors | 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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Hydro Design As
CORMATE AS Board members of CORMATE AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Sverre Brynjulf Haraldsen | Chief Executive Officer | 0 companies |
| Stian Ranvig | Board of Directors | 0 companies |
| Egil Ranvig | Chairman | 0 companies |
| Jon Aksel Brynildsen | Board of Directors | 0 companies |