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ORKEL DEVELOPMENT AS
AS
Active
Org 991410120
Johan Gjønnes' Veg 25, 7320 Fannrem
Manufacture of agricultural and forestry machinery · NACE 2830
Est. 2007
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 187K
+41% vs 2022
EBITDA margin
-17.0%
-797% vs 2022
Equity ratio
99.7%
Financial strength
Net profit 2023
NOK 15K
-69% vs 2022
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 187K
+41%
EBITDA
NOK -32K
-797%
Net profit
NOK 15K
-69%
Total assets
NOK 2M
-2%
Equity
NOK 2M
+1%
Employees
0
—
Company information
Legal name
ORKEL DEVELOPMENT AS
Org number
991410120
Legal form
Aksjeselskap
NACE code
2830 · Manufacture of agricultural and forestry machinery
Founded
18. september 2007
Share capital
NOK 270 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Utvikling, produksjon, markedsføring og salg av produkter.
Contact
Address
Johan Gjønnes' Veg 25, 7320 Fannrem
Risika for professionals
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Explore
Companies in Manufacture of agricultural and forestry machinery
Companies in Orkland
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
0
60
181
133
187
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−130
−260
−97
5
−32
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−130
−260
−97
5
−32
Net financials
44
33
56
42
46
Profit before tax
−86
−227
−42
47
15
Tax
−0
−0
−0
−0
−0
Net profit
−86
−227
−42
47
15
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
2 205
2 009
2 101
2 047
2 001
Equity
2 201
1 975
1 933
1 980
1 995
Long-term debt
0
0
0
0
0
Short-term debt
3
34
168
67
6
Total debt
3
34
168
67
6
Financial ratios
5-year trend
EBITDA margin
-17.0%
This company
15.8%
Market median
-208% vs market
2019
2023
Equity ratio
99.7%
This company
38.2%
Market median
+161% vs market
2019
2023
Return on equity
0.7%
This company
18.4%
Market median
-96% vs market
2019
2023
Net profit margin
7.8%
This company
8.1%
Market median
-4% vs market
2019
2023
Asset turnover
0.09×
This company
1.12×
Market median
-92% vs market
2019
2023
Debt / equity
0.00×
This company
0.62×
Market median
+100% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
LH
Leif Haugum
Deputy Member
Deputy Member
2022
GA
Gjermund Arne Kambestad
Deputy Member
Deputy Member
2022
Former (1)
JA
Jan Arild Dahl
Deputy Member
Deputy Member
2012 – 2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
JO
Jan Olav Fagerholt
Board of Directors
2022
JI
Jarl Ingebrigt Gjønnes
Chairman
2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Orkel Holding As
Company
100%
100%
2022
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Company hierarchy
Ejg Invest As
Orkel Holding As
ORKEL DEVELOPMENT AS
(this company)
Board network connections
Board members of ORKEL DEVELOPMENT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan Arild Dahl
Deputy Member
0 companies
Leif Haugum
Deputy Member
0 companies
Gjermund Arne Kambestad
Deputy Member
0 companies
Jan Olav Fagerholt
Board of Directors
0 companies
Jarl Ingebrigt Gjønnes
Chairman
0 companies