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ASActiveOrg 9887746775 Herøya Industripark Bygg 8, 3936 PorsgrunnManufacture of other organic basic chemicals · NACE 2014Est. 200575 employees
Revenue 2024
NOK 606,8M
-4% vs 2023
EBITDA margin
10.9%
+28% vs 2023
Equity ratio
46.5%
Financial strength
Net profit 2024
NOK 41,4M
+67% vs 2023
| Revenue | NOK 606,8M | -4% |
| EBITDA | NOK 66,2M | +28% |
| Net profit | NOK 41,4M | +67% |
| Total assets | NOK 393,3M | +5% |
| Equity | NOK 182,7M | +29% |
| Employees | 75 | — |
Legal name
ADDCON NORDIC AS
Org number
988774677
Legal form
Aksjeselskap
NACE code
2014 · Manufacture of other organic basic chemicals
Founded
15. oktober 2005
Share capital
NOK 6 247 335
Employees
75 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene. Daglig leder alene.
Company purpose
Utvikle, produsere, markedsføre og selge maursyre og formiat baserte produkter innenfor industrielle og biologiske applikasjoner, samt virksomhet som står i forbindelse med dette.
Address
5 Herøya Industripark Bygg 8, 3936 Porsgrunn
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 | 324 851 | 357 903 | 561 473 | 631 514 | 606 765 |
| Staff expenses | −41 364 | −48 452 | −52 055 | −56 425 | −68 103 |
| EBITDA | 29 238 | 10 555 | 54 489 | 51 753 | 66 165 |
| Depreciation & amort. | −6 845 | −7 014 | −7 558 | −10 987 | −11 698 |
| EBIT | 22 393 | 3 541 | 46 932 | 40 766 | 54 467 |
| Net financials | 301 | −1 992 | −8 954 | −9 001 | −831 |
| Profit before tax | 22 695 | 1 549 | 37 978 | 31 765 | 53 636 |
| Tax | 5 023 | 348 | 8 358 | 6 997 | 12 215 |
| Net profit | 17 672 | 1 200 | 29 620 | 24 769 | 41 420 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 218 946 | 196 712 | 432 995 | 373 920 | 393 256 |
| Equity | 85 726 | 86 926 | 116 546 | 141 315 | 182 735 |
| Long-term debt | 32 651 | 41 037 | 201 164 | 128 374 | 73 844 |
| Short-term debt | 100 568 | 68 749 | 115 286 | 104 231 | 136 677 |
| Total debt | 133 220 | 109 786 | 316 449 | 232 605 | 210 521 |
EBITDA margin
10.9%
This company
15.8%
Market median
-31% vs market
20202024
Equity ratio
46.5%
This company
38.2%
Market median
+22% vs market
20202024
Return on equity
22.7%
This company
18.4%
Market median
+23% vs market
20202024
Net profit margin
6.8%
This company
8.1%
Market median
-16% vs market
20202024
Asset turnover
1.54×
This company
1.12×
Market median
+37% vs market
20202024
Debt / equity
1.15×
This company
0.62×
Market median
-85% 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) | ||
PO Chief Executive Officer | Chief Executive Officer | 2022 |
| Former (1) | ||
KW Chief Executive Officer | Chief Executive Officer | 2019 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2022 | |
| Chairman | 2022 | |
| Former (2) | ||
| Board of Directors | 2022 – 2023 | |
| Board of Directors | 2019 – 2022 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Addcon Produktion Gmbh | 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.
No registered parent or subsidiaries
Board members of ADDCON NORDIC AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kurt Wegleitner | Chief Executive Officer | 0 companies |
| Per Ove Kvam Jakobsen | Chief Executive Officer | 0 companies |
| Andrea Agostino Mangiarotti | Board of Directors | 0 companies |
| Fabrizio Zenone | Board of Directors | 0 companies |
| Roberto Vagheggi | Board of Directors | 0 companies |
| Alberto Cambiert | Chairman | 0 companies |