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Epax Norway AS
AS
Active
Org 989100106
Aarsæthervegen 17, 6006
Ålesund
Manufacture of other chemical products n.e.c.
·
NACE 2059
Est. 2005 · 20 years old
75 employees
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Share
Norway
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Companies
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Manufacture of other chemical products n.e.c.
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Epax Norway AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
1.2B
0.9B
0.6B
0.3B
0B
2021: 0.6B
0.6B
2021
2022: 0.6B (+10% vs 2021)
0.6B
+10%
2022
2023: 0.8B (+23% vs 2022)
0.8B
+23%
2023
2024: 0.9B (+9% vs 2023)
0.9B
+9%
2024
2025: 1.0B (+13% vs 2024)
1.0B
+13%
2025
EBITDA
NOK millions
345M
259M
172M
86M
0M
2021: 166M
166M
2021
2022: 211M (+27% vs 2021)
211M
+27%
2022
2023: 277M (+31% vs 2022)
277M
+31%
2023
2024: 167M (-40% vs 2023)
167M
-40%
2024
2025: 110M (-34% vs 2024)
110M
-34%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
975 214
859 844
789 583
642 217
582 801
Staff expenses
−84 881
−83 556
−79 342
−74 166
−70 088
EBITDA
109 926
167 256
277 264
210 947
166 246
Depreciation & amort.
−30 850
−30 103
−28 419
−23 472
−11 523
EBIT
79 076
137 153
248 845
187 475
154 723
Net financials
19 608
−108 728
−45 545
−43 474
−11 157
Profit before tax
98 684
28 425
203 300
144 000
143 565
Tax
21 029
5 373
44 754
31 621
30 909
Net profit
77 655
23 053
158 546
112 379
112 657
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
1 339 402
1 537 421
1 161 172
1 007 643
837 893
Equity
1 018 826
449 542
411 669
358 423
308 444
Long-term debt
31 620
547 699
508 593
477 706
443 506
Short-term debt
288 955
540 180
240 910
171 514
85 943
Total debt
320 576
1 087 879
749 502
649 219
529 449
Financial ratios
5-year trend
EBITDA margin
11,3 %
This company
15,8 %
Market median
This company
Market median
28% below market
2021
2025
Equity ratio
76,1 %
This company
38,2 %
Market median
This company
Market median
99% above market
2021
2025
Return on equity
7,6 %
This company
18,4 %
Market median
This company
Market median
59% below market
2021
2025
Net profit margin
8,0 %
This company
8,1 %
Market median
This company
Market median
1% below market
2021
2025
Asset turnover
0,73×
This company
1,12×
Market median
This company
Market median
35% below market
2021
2025
Debt / equity
0,31×
This company
0,62×
Market median
This company
Market median
50% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Epax Norway AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network