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Orec AS
AS
Active
Org 990507244
Laguneveien 7, 5239
Rådal
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2006 · 19 years old
6 employees
www.orec.no
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Norway
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Companies
/
Engineering activities and related technical consultancy
/
Orec AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
50M
37M
25M
12M
0M
2020: 18M
18M
2020
2021: 20M (+11% vs 2020)
20M
+11%
2021
2022: 29M (+45% vs 2021)
29M
+45%
2022
2023: 40M (+38% vs 2022)
40M
+38%
2023
2024: 36M (-10% vs 2023)
36M
-10%
2024
EBITDA
NOK millions
1M
1M
1M
0M
0M
2020: 1M
1M
2020
2021: 1M (0% vs 2020)
1M
0%
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 1M (0% vs 2022)
1M
0%
2023
2024: 1M (0% vs 2023)
1M
0%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
36 500
39 927
29 002
20 479
17 633
Staff expenses
−0
−10 869
−5 287
−695
−435
EBITDA
972
1 259
1 016
619
735
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
972
1 259
1 016
619
735
Net financials
656
−2
−1
−0
0
Profit before tax
1 628
1 257
1 015
618
735
Tax
−0
345
253
139
163
Net profit
1 236
912
762
479
572
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
8 259
10 145
9 014
6 729
5 791
Equity
507
410
1 319
2 309
2 099
Long-term debt
0
0
0
0
0
Short-term debt
7 752
9 734
7 695
4 420
3 692
Total debt
7 752
9 734
7 695
4 420
3 692
Financial ratios
5-year trend
EBITDA margin
2,7 %
This company
15,8 %
Market median
This company
Market median
83% below market
2020
2024
Equity ratio
6,1 %
This company
38,2 %
Market median
This company
Market median
84% below market
2020
2024
Return on equity
243,9 %
This company
18,4 %
Market median
This company
Market median
>999% above market
2020
2024
Net profit margin
3,4 %
This company
8,1 %
Market median
This company
Market median
58% below market
2020
2024
Asset turnover
4,42×
This company
1,12×
Market median
This company
Market median
295% above market
2020
2024
Debt / equity
15,29×
This company
0,62×
Market median
This company
Market median
>999% above 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 Orec AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
