What is the Org number of NORMECO AS?

NORMECO AS is registered with Brønnøysundsregistrene under Org 991443525.

What is the revenue of NORMECO AS?

NORMECO AS reported revenue of NOK 454K in 2025.

Who is the CEO of NORMECO AS?

Megan Joan Dee Medaas is Deputy Member of NORMECO AS, in role since 2013.

Who is the chairman of NORMECO AS?

Sveinung Nordbye Medaas chairs the board of NORMECO AS, in role since 2013.

Where is NORMECO AS headquartered?

NORMECO AS's registered address is Bjørnøygeilen 8, 4085 Hundvåg.

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NORMECO AS

ASActive

Org 991443525Bjørnøygeilen 8, 4085 HundvågWired, wireless, and satellite telecommunication activities · NACE 6110Est. 20070 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2021	2022	2023	2024	2025
Revenue	108	1 582	0	101	454
Staff expenses	−0	−0	−0	−0	−0
EBITDA	7	1 517	−76	72	383
Depreciation & amort.	−100	−75	−0	−0	−0
EBIT	−93	1 442	−76	72	383
Net financials	125	−25	316	4 504	979
Profit before tax	32	1 417	240	4 576	1 362
Tax	−16	−1	74	82	152
Net profit	48	1 418	166	4 494	1 210

Balance sheet

NOK thousands

Item	2021	2022	2023	2024	2025
Total assets	8 204	8 789	8 979	11 170	12 548
Equity	7 229	8 647	8 813	10 903	12 113
Long-term debt	789	0	0	0	0
Short-term debt	185	142	165	267	435
Total debt	975	142	165	267	435

Financial ratios

5-year trend

EBITDA margin

84.2%

This company

15.8%

Market median

+433% vs market

20212025

Equity ratio

96.5%

This company

38.2%

Market median

+153% vs market

20212025

Return on equity

10.0%

This company

18.4%

Market median

-46% vs market

20212025

Net profit margin

266.4%

This company

8.1%

Market median

+3189% vs market

20212025

Asset turnover

0.04×

This company

1.12×

Market median

-96% vs market

20212025

Debt / equity

0.04×

This company

0.62×

Market median

+94% vs market

20212025

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

NORMECO AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on NORMECO AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on NORMECO AS