Riskpilot← Back to searchSign inGet full accessADDOVATION AS
ASActiveOrg 992564113Engene 22, 3015 DrammenBusiness and other management consultancy activities · NACE 7020Est. 200868 employees
Revenue 2024
NOK 133,1M
+51% vs 2023
EBITDA margin
14.0%
+111% vs 2023
Equity ratio
53.1%
Financial strength
Net profit 2024
NOK 17,3M
+102% vs 2023
| Revenue | NOK 133,1M | +51% |
| EBITDA | NOK 18,7M | +111% |
| Net profit | NOK 17,3M | +102% |
| Total assets | NOK 85,9M | +16% |
| Equity | NOK 45,6M | +33% |
| Employees | 68 | — |
Legal name
ADDOVATION AS
Org number
992564113
Legal form
Aksjeselskap
NACE code
7020 · Business and other management consultancy activities
Founded
22. april 2008
Share capital
NOK 231 502
Employees
68 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Salg av konsulenttjenester og it-produkter med dertil tilhørende virksomhet.
Address
Engene 22, 3015 Drammen
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 923 | 6 255 | 9 474 | 10 008 | 11 638 | 12 287 | 21 345 | 32 571 | 39 059 | 40 576 | 52 510 | 57 738 | 56 526 | 71 108 | 80 625 | 88 290 | 133 079 |
| Staff expenses | −696 | −3 407 | −5 048 | −5 976 | −7 312 | −7 817 | −10 228 | −12 974 | −15 952 | −20 659 | −24 689 | −29 365 | −31 191 | −32 835 | −34 280 | −38 998 | −47 615 |
| EBITDA | 785 | 2 039 | 2 718 | 2 075 | 1 414 | 1 317 | 2 609 | 3 092 | 838 | 808 | 9 153 | 7 698 | 3 320 | 10 716 | 12 137 | 8 847 | 18 691 |
| Depreciation & amort. | −4 | −39 | −90 | −110 | −111 | −137 | −182 | −215 | −388 | −445 | −420 | −506 | −580 | −544 | −583 | −754 | −839 |
| EBIT | 781 | 2 001 | 2 627 | 1 966 | 1 303 | 1 181 | 2 427 | 2 877 | 450 | 363 | 8 733 | 7 192 | 2 740 | 10 173 | 11 554 | 8 093 | 17 852 |
| Net financials | 19 | 15 | 39 | 78 | 79 | 78 | 84 | 12 | 1 398 | 2 283 | 2 186 | −129 | 5 700 | −115 | 9 304 | 2 488 | 3 522 |
| Profit before tax | 800 | 2 015 | 2 666 | 2 043 | 1 382 | 1 258 | 2 511 | 2 889 | 1 848 | 2 646 | 10 919 | 7 063 | 8 440 | 10 058 | 20 859 | 10 581 | 21 374 |
| Tax | 222 | 567 | 746 | 575 | 385 | 345 | 685 | 755 | 121 | 60 | 1 936 | 1 582 | 549 | 2 220 | 2 525 | 1 989 | 4 025 |
| Net profit | 578 | 1 449 | 1 920 | 1 468 | 997 | 913 | 1 827 | 2 133 | 1 727 | 2 585 | 8 983 | 5 481 | 7 891 | 7 838 | 18 334 | 8 593 | 17 349 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 1 624 | 3 738 | 5 449 | 6 084 | 5 962 | 6 582 | 11 497 | 11 508 | 17 905 | 17 391 | 26 335 | 31 212 | 32 735 | 48 628 | 57 199 | 74 285 | 85 901 |
| Equity | 382 | 981 | 2 121 | 2 589 | 2 886 | 3 099 | 3 477 | 4 358 | 5 987 | 7 073 | 10 993 | 16 474 | 15 365 | 19 202 | 28 444 | 34 266 | 45 615 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 10 | 3 | 0 | 1 818 | 1 253 | 0 | 2 697 | 2 629 | 5 060 | 4 948 | 4 865 | 0 |
| Short-term debt | 1 232 | 2 728 | 3 289 | 3 476 | 3 076 | 3 474 | 8 018 | 7 148 | 10 099 | 9 065 | 15 342 | 12 040 | 14 741 | 24 366 | 23 806 | 35 154 | 40 286 |
| Total debt | 1 242 | 2 758 | 3 328 | 3 495 | 3 076 | 3 484 | 8 020 | 7 149 | 11 918 | 10 318 | 15 342 | 14 738 | 17 371 | 29 425 | 28 755 | 40 019 | 40 286 |
EBITDA margin
14.0%
This company
15.8%
Market median
-11% vs market
20082024
Equity ratio
53.1%
This company
38.2%
Market median
+39% vs market
20082024
Return on equity
38.0%
This company
18.4%
Market median
+107% vs market
20082024
Net profit margin
13.0%
This company
8.1%
Market median
+60% vs market
20082024
Asset turnover
1.55×
This company
1.12×
Market median
+38% vs market
20082024
Debt / equity
0.88×
This company
0.62×
Market median
+42% vs market
20082024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-31 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
GS Observer | Observer | 2025 | — | — |
PI Chief Executive Officer | Chief Executive Officer | 2008 | — | — |
KJ Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Stordammen Holding As | Company | 38.7% | 38.7% | 2024 |
Siolill As | Company | 38.7% | 38.7% | 2024 |
Addovation As | Company | 6.6% | 6.6% | 2022 |
| Individual | 6.3% | 6.3% | 2024 | |
| Individual | 6.1% | 6.1% | 2024 | |
| Individual | 2.5% | 2.5% | 2024 | |
Joakim Hugosson | Company | 2.1% | 2.1% | 2024 |
Blender Partners As | Company | 1.1% | 1.1% | 2024 |
Edorf Invest As | Company | 1.1% | 1.1% | 2024 |
| Individual | 1.0% | 1.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
ADDOVATION AS 
ADDOVATION CONSULTING ASBoard members of ADDOVATION AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Glenn-Arild Skogvoll Veiby | Observer | 0 companies |
| Per Inge Sævareid | Chief Executive Officer | 0 companies |
| Kennet Joakim Hugosson | Chief Executive Officer | 0 companies |
| Frode Haugli | Chairman | 0 companies |
| Christiane Elizabeth Carling | Board of Directors | 0 companies |
| Kenneth Smith | Board of Directors | 0 companies |
| Gudmund Schlytter Killi | Board of Directors | 0 companies |