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ALVESTAD AS
AS
Active
Org 988971618
Schønings Gate 23, 0362 Oslo
Manufacture of other special-purpose machinery n.e.c. · NACE 2899
Est. 2006
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,4M
+58% vs 2023
EBITDA margin
98.9%
+64% vs 2023
Equity ratio
55.5%
Financial strength
Net profit 2024
NOK 1,7M
+36% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
2M
+100%
2021
2M
0%
2022
1M
-50%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 2,4M
+58%
EBITDA
NOK 2,3M
+64%
Net profit
NOK 1,7M
+36%
Total assets
NOK 4,4M
-22%
Equity
NOK 2,4M
+80%
Employees
0
—
Company information
Legal name
ALVESTAD AS
Org number
988971618
Legal form
Aksjeselskap
NACE code
2899 · Manufacture of other special-purpose machinery n.e.c.
Founded
13. januar 2006
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Investeringsvirksomhet i selskap, eiendom og verdipapirer, forvaltning av rettigheter samt alt hva som hører inn under dette.
Contact
Address
Schønings Gate 23, 0362 Oslo
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Companies in Manufacture of other special-purpose machinery n.e.c.
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2020
2M
2021
2M
2022
1M
2023
2M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
2M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 519
1 722
1 675
1 496
2 358
Staff expenses
−0
−0
−0
−0
−0
EBITDA
1 495
1 697
1 649
1 421
2 332
Depreciation & amort.
−0
−0
−2
−19
−120
EBIT
1 495
1 697
1 647
1 402
2 212
Net financials
0
0
1 999
179
3
Profit before tax
1 495
1 697
3 647
1 581
2 214
Tax
329
373
375
309
487
Net profit
1 166
1 324
3 271
1 272
1 727
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 093
3 555
2 924
5 620
4 386
Equity
388
1 711
1 983
1 355
2 432
Long-term debt
0
0
3
3
6
Short-term debt
2 705
1 843
938
4 262
1 947
Total debt
2 705
1 843
941
4 265
1 954
Financial ratios
5-year trend
EBITDA margin
98.9%
This company
15.8%
Market median
+526% vs market
2020
2024
Equity ratio
55.5%
This company
38.2%
Market median
+45% vs market
2020
2024
Return on equity
71.0%
This company
18.4%
Market median
+286% vs market
2020
2024
Net profit margin
73.2%
This company
8.1%
Market median
+804% vs market
2020
2024
Asset turnover
0.54×
This company
1.12×
Market median
-52% vs market
2020
2024
Debt / equity
0.80×
This company
0.62×
Market median
+29% 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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AN
Audun Nils Tennfjord Mikalsen
Deputy Member
Deputy Member
2006
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
RA
Runar Alvestad
Chairman
2006
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
ALVESTAD AS
(this company)
Alvestad Marin As
Vane Ocean Technologies As
Board network connections
Board members of ALVESTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Audun Nils Tennfjord Mikalsen
Deputy Member
0 companies
Runar Alvestad
Chairman
0 companies