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NORAS WATERTECH AS
AS
Active
Org 991548815
Moreneveien 1, 3158 Andebu
Engineering activities and related technical consultancy · NACE 7112
Est. 2007
4 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 95K
-98% vs 2023
EBITDA margin
-3149.8%
-1% vs 2023
Equity ratio
-279.9%
Financial strength
Net profit 2024
NOK -3,5M
-10% vs 2023
EBITDA — year on year
NOK millions
1M
-1M
-3M
-5M
-8M
1M
2020
-5M
-600%
2021
-6M
-20%
2022
-3M
+50%
2023
-3M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 95K
-98%
EBITDA
NOK -3M
-1%
Net profit
NOK -3,5M
-10%
Total assets
NOK 1,9M
-71%
Equity
NOK -5,3M
-185%
Employees
4
—
Company information
Legal name
NORAS WATERTECH AS
Org number
991548815
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
27. september 2007
Share capital
NOK 1 000 000
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Ett styremedlem og daglig leder i fellesskap.
Company purpose
Utvikling, design, salg og produksjon av renseanlegg og alt som hører til dette, samt deltagelse i andre virksomheter.
Contact
Address
Moreneveien 1, 3158 Andebu
Phone
+4733438090
Email
jonas@noras.co
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All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
4M
2020
1M
2021
0M
2022
6M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
-5M
2021
-6M
2022
-3M
2023
-3M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 445
694
203
5 633
95
Staff expenses
−2 036
−2 200
−2 242
−2 481
−1 192
EBITDA
571
−4 750
−6 297
−2 963
−2 989
Depreciation & amort.
−19
−19
−26
−36
−56
EBIT
552
−4 769
−6 323
−2 999
−3 045
Net financials
−7
−183
−71
−137
−410
Profit before tax
545
−4 952
−6 395
−3 136
−3 455
Tax
−0
−0
−0
−0
−0
Net profit
545
−4 952
−6 395
−3 136
−3 455
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 840
6 740
12 976
6 479
1 901
Equity
1 316
1 464
1 269
−1 867
−5 322
Long-term debt
0
4 857
11 239
6 290
6 756
Short-term debt
1 524
419
468
2 056
467
Total debt
1 524
5 276
11 707
8 346
7 223
Financial ratios
5-year trend
EBITDA margin
-3149.8%
This company
15.8%
Market median
-20035% vs market
2020
2024
Equity ratio
-279.9%
This company
38.2%
Market median
-833% vs market
2020
2024
Return on equity
-345470700.0%
This company
18.4%
Market median
-1877558252% vs market
2020
2024
Net profit margin
-3640.9%
This company
8.1%
Market median
-45049% vs market
2020
2024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
1.36×
This company
0.62×
Market median
-119% 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)
AV
Aud Vegger
Deputy Member
Deputy Member
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TE
Trond Erlend Vegger
Chairman
2020
Former (1)
IV
Ingunn Vestly Thorvaldsen
Board of Directors
2020 – 2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Noras Group As
Company
100%
100%
2024
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Company hierarchy
Prelas As
Noras Group As
NORAS WATERTECH AS
(this company)
Board network connections
Board members of NORAS WATERTECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Aud Vegger
Deputy Member
0 companies
Ingunn Vestly Thorvaldsen
Board of Directors
0 companies
Trond Erlend Vegger
Chairman
0 companies