Riskpilot← Back to searchSign inGet full accessPAVELS INNOVATION AS
ASActiveOrg 987697547Hydrovegen 19, 3933 PorsgrunnEconomic activity was not specified by tax authority · NACE 0000Est. 20055 employeeswww.pavelsinnovation.no
Revenue 2024
NOK 10,3M
-38% vs 2023
EBITDA margin
-31.9%
-327% vs 2023
Equity ratio
76.9%
Financial strength
Net profit 2024
NOK -2,2M
-184% vs 2023
| Revenue | NOK 10,3M | -38% |
| EBITDA | NOK -3,3M | -327% |
| Net profit | NOK -2,2M | -184% |
| Total assets | NOK 7,5M | -31% |
| Equity | NOK 5,8M | -33% |
| Employees | 5 | — |
Legal name
PAVELS INNOVATION AS
Org number
987697547
Legal form
Aksjeselskap
NACE code
0000 · Economic activity was not specified by tax authority
Founded
10. januar 2005
Share capital
NOK 279 100
Employees
5 (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. To styremedlemmer i fellesskap.
Company purpose
Å ivareta selskapets forpliktelser og rettigheter overfor wow gear as, som er et 50% eiet joint venture med base i california, samt å forvalte eventuelle andre immaterielle rettigheter som selskapet har opparbeidet. Selskapet skal også ivareta rettigheter og forpliktelser under eksisterende kundeforhold, og skal forvalte inntekter som mottas igjennom provisjonsordninger knyttet til tidligere kundeprosjekter.
Address
Hydrovegen 19, 3933 Porsgrunn
Phone
+4793067324
Email
erik@pavelsinnovation.no
Website
www.pavelsinnovation.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 | 7 128 | 9 823 | 11 034 | 16 564 | 10 278 |
| Staff expenses | −2 247 | −3 323 | −3 237 | −3 365 | −4 450 |
| EBITDA | −139 | 1 174 | −132 | 1 446 | −3 276 |
| Depreciation & amort. | −293 | −177 | −103 | −143 | −249 |
| EBIT | −432 | 997 | −235 | 1 303 | −3 526 |
| Net financials | 555 | 1 041 | 1 652 | 1 273 | 1 357 |
| Profit before tax | 123 | 2 039 | 1 418 | 2 576 | −2 169 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | 123 | 2 039 | 1 418 | 2 576 | −2 169 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 5 931 | 7 628 | 8 795 | 10 850 | 7 532 |
| Equity | 3 727 | 5 366 | 6 784 | 8 659 | 5 796 |
| Long-term debt | 1 427 | 767 | 264 | 118 | 31 |
| Short-term debt | 777 | 1 496 | 1 748 | 2 073 | 1 705 |
| Total debt | 2 203 | 2 262 | 2 012 | 2 191 | 1 736 |
EBITDA margin
-31.9%
This company
15.8%
Market median
-302% vs market
20202024
Equity ratio
76.9%
This company
38.2%
Market median
+101% vs market
20202024
Return on equity
-37.4%
This company
18.4%
Market median
-303% vs market
20202024
Net profit margin
-21.1%
This company
8.1%
Market median
-360% vs market
20202024
Asset turnover
1.36×
This company
1.12×
Market median
+21% vs market
20202024
Debt / equity
0.30×
This company
0.62×
Market median
+52% 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 (2) | ||
BB Chief Executive Officer | Chief Executive Officer | 2022 |
TE Chief Executive Officer | Chief Executive Officer | 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Board of Directors | 2018 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 56.79% | 56.79% | 2023 | |
| Individual | 15.55% | 15.55% | 2023 | |
| Company | 14.15% | 14.15% | 2023 | |
| Company | 9.49% | 9.49% | 2023 | |
| Company | 4.01% | 4.01% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
PAVELS INNOVATION AS 
FUNKY GARDEN ASBoard members of PAVELS INNOVATION AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Benedicte Bratli | Chief Executive Officer | 0 companies |
| Trond Erik Heier | Chief Executive Officer | 0 companies |
| Preben René Hjallum | Board of Directors | 0 companies |