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INNOVAR SOLUTIONS AS
AS
Active
Org 988470376
Varabergmyra 18, 4051
Sola
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2005 · 20 years old
14 employees
www.innovar.no
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Norway
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Companies
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Engineering activities and related technical consultancy
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INNOVAR SOLUTIONS AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
12M
23M
35M
46M
25M
2020
32M
2021
25M
2022
32M
2023
40M
2024
EBITDA
NOK millions
19M
14M
9M
5M
0M
9M
2020
13M
+44%
2021
5M
-62%
2022
9M
+80%
2023
15M
+67%
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
24 639
32 102
25 392
31 617
39 644
Staff expenses
−10 426
−12 108
−14 446
−16 383
−16 602
EBITDA
9 039
12 528
5 042
9 257
14 766
Depreciation & amort.
−974
−948
−1 369
−1 900
−1 912
EBIT
8 065
11 580
3 673
7 357
12 854
Net financials
152
51
106
−38
−19 547
Profit before tax
8 217
11 631
3 779
7 319
−6 693
Tax
1 811
2 562
834
1 611
2 624
Net profit
6 406
9 070
2 946
5 709
−9 316
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
28 949
31 921
33 763
51 882
39 901
Equity
24 438
25 500
28 446
30 154
20 838
Long-term debt
318
966
737
11 959
10 116
Short-term debt
4 193
5 455
4 581
9 769
8 947
Total debt
4 511
6 421
5 318
21 728
19 063
Financial ratios
5-year trend
EBITDA margin
37.2%
This company
15.8%
Market median
+135% vs market
2020
2024
Equity ratio
52.2%
This company
38.2%
Market median
+37% vs market
2020
2024
Return on equity
-44.7%
This company
18.4%
Market median
-343% vs market
2020
2024
Net profit margin
-23.5%
This company
8.1%
Market median
-390% vs market
2020
2024
Asset turnover
0.99×
This company
1.12×
Market median
+12% vs market
2020
2024
Debt / equity
0.91×
This company
0.62×
Market median
+47% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on INNOVAR SOLUTIONS AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
