What is the Org number of ADAX AS?

ADAX AS is registered with Brønnøysundsregistrene under Org 991678891.

What is the revenue of ADAX AS?

ADAX AS reported revenue of NOK 145,4M in 2024.

How many employees does ADAX AS have?

ADAX AS employs 14 people as of the latest annual report.

Who is the CEO of ADAX AS?

Roger Dalen is Chief Executive Officer of ADAX AS, in role since 2015.

Who is the chairman of ADAX AS?

Fergal John Naughton chairs the board of ADAX AS, in role since 2025.

Where is ADAX AS headquartered?

ADAX AS's registered address is Myhres Gate 1, 3060 Svelvik.

ADAX AS

ASActive

Org 991678891Myhres Gate 1, 3060 SvelvikWholesale of other machinery and equipment · NACE 4664Est. 200714 employees

Full Risika report

Revenue 2024

NOK 145,4M

-26% vs 2023

EBITDA margin

-17.7%

+36% vs 2023

Equity ratio

33.1%

Financial strength

Net profit 2024

NOK -25,3M

-200% vs 2023

EBITDA — year on yearNOK millions

Key figuresAnnual report 2024

Revenue	NOK 145,4M	-26%
EBITDA	NOK -25,7M	+36%
Net profit	NOK -25,3M	-200%
Total assets	NOK 89,5M	-51%
Equity	NOK 29,6M	-46%
Employees	14	—

Item	2008	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Revenue	127 174	139 396	145 714	150 976	127 066	126 877	141 475	138 988	157 592	157 031	158 087	219 581	207 235	195 205	145 361
Staff expenses	−24 546	−23 162	−22 536	−24 099	−21 488	−15 939	−13 778	−14 653	−15 591	−15 579	−15 996	−19 110	−22 096	−20 690	−15 898
EBITDA	−26 684	4 104	5 164	−3 489	−13 464	−7 819	−9 578	−11 695	−2 714	−1 952	5 900	32 131	23 854	−40 446	−25 746
Depreciation & amort.	−4 567	−2 495	−2 573	−1 614	−1 095	−935	−771	−749	−583	−583	−549	−527	−0	−520	−4 160
EBIT	−31 251	1 609	2 591	−5 103	−14 559	−8 754	−10 349	−12 444	−3 297	−2 535	5 351	31 604	23 854	−40 966	−29 906
Net financials	−2 880	−3 397	−855	−1 766	−2 025	11 770	36	−3 858	19 458	−133	−1 108	1 159	−4 267	55 618	−2 716
Profit before tax	−34 131	−1 788	1 736	−6 869	−16 584	3 017	−10 313	−16 302	16 161	−2 667	4 243	32 763	19 587	14 652	−32 622
Tax	−9 734	−513	476	−1 895	−4 524	−2 613	−2 520	−3 891	−621	−833	631	7 117	5 321	−10 715	−7 274
Net profit	−24 397	−1 275	1 260	−4 974	−12 060	5 629	−7 793	−12 412	16 782	−1 834	3 612	25 646	14 266	25 367	−25 348

Item	2008	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total assets	118 823	68 955	80 510	78 184	72 948	64 688	82 428	90 947	83 020	105 978	137 756	178 682	235 158	180 970	89 491
Equity	1 716	7 272	8 532	7 037	−200	5 429	5 136	2 724	23 278	21 443	25 055	50 700	50 868	54 961	29 611
Long-term debt	79 498	16 000	12 000	8 000	6 000	4 000	5 026	3 000	2 000	2 000	0	0	35 000	36	0
Short-term debt	35 092	45 044	59 644	62 983	67 147	55 259	72 267	85 223	57 742	82 535	112 701	127 983	149 289	125 973	59 879
Total debt	114 590	61 044	71 644	70 983	73 147	59 259	77 293	88 223	59 742	84 535	112 701	127 983	184 289	126 009	59 879

Name	Role	Member since	Age	Other directorships
RD Roger Dalen Chief Executive Officer	Chief Executive Officer	2015	—	—
TM Thomas Martin Kristensen Chief Executive Officer	Chief Executive Officer	2025	—	—

Name	Role	Member since	Age	Other directorships
FJ Fergal John Naughton	Chairman	2025	—	—
LG Lars Gunnar Otterlei	Chairman	2014	—	—
YB Yvonne Burke	Board of Directors	2023	—	—
JS Jan Sigurd Otterlei	Board of Directors	2014	—	—
FJ Fergal James Leamy	Chairman	2023	—	—

Shareholder	Type	Ownership	Votes	Since
Otterlei Industries As	Company	100.0%	100.0%	2022
Martin Lawrence Naughton	Company	100.0%	100.0%	2024

Person	Role here	Other companies
Roger Dalen	Chief Executive Officer	0 companies
Thomas Martin Kristensen	Chief Executive Officer	0 companies
Fergal John Naughton	Chairman	0 companies
Lars Gunnar Otterlei	Chairman	0 companies
Yvonne Burke	Board of Directors	0 companies
Jan Sigurd Otterlei	Board of Directors	0 companies
Fergal James Leamy	Chairman	0 companies