Riskpilot← Back to searchSign inGet full accessPIPE SYSTEMS ENGINEERING AS
ASActiveOrg 993646601Budavegen 48, 6082 GurskenMachining of metals · NACE 2553Est. 200957 employees
Revenue 2024
NOK 38,7M
+50% vs 2023
EBITDA margin
7.4%
+501% vs 2023
Equity ratio
31.0%
Financial strength
Net profit 2024
NOK 2M
+311% vs 2023
| Revenue | NOK 38,7M | +50% |
| EBITDA | NOK 2,8M | +501% |
| Net profit | NOK 2M | +311% |
| Total assets | NOK 10,7M | +38% |
| Equity | NOK 3,3M | +96% |
| Employees | 57 | — |
Legal name
PIPE SYSTEMS ENGINEERING AS
Org number
993646601
Legal form
Aksjeselskap
NACE code
2553 · Machining of metals
Founded
24. februar 2009
Share capital
NOK 400 000
Employees
57 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Prefabrikasjon og installasjon av rørsystemer og andre mekaniske komponenter til skipsindustri og annen maritim virksomhet, bygging av skip under 100 br.tonn, reparasjon og annet vedlikehold av båter, utleie av arbeidskraft og/eller formidling av personell, kjøp og salg av aksjer og andeler, handel, produktutvikling, og det som naturlig hører under disse områdene.
Address
Budavegen 48, 6082 Gursken
Phone
+4770083006
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24 297 | 35 696 | 25 441 | 45 231 | 31 859 | 51 069 | 45 752 | 34 261 | 53 591 | 46 812 | 53 284 | 39 854 | 35 611 | 33 034 | 25 806 | 38 673 |
| Staff expenses | −16 621 | −23 628 | −22 556 | −23 464 | −24 856 | −34 010 | −31 956 | −32 283 | −41 970 | −37 586 | −40 015 | −27 280 | −27 673 | −25 962 | −21 544 | −29 067 |
| EBITDA | 2 420 | 6 539 | −874 | −4 910 | 2 472 | 7 935 | 1 332 | −6 021 | 4 954 | −2 411 | −1 215 | −426 | 2 469 | 1 591 | −710 | 2 847 |
| Depreciation & amort. | −5 | −208 | −214 | −237 | −241 | −279 | −150 | −143 | −176 | −319 | −527 | −481 | −422 | −249 | −277 | −234 |
| EBIT | 2 415 | 6 331 | −1 088 | −5 147 | 2 231 | 7 656 | 1 182 | −6 164 | 4 778 | −2 730 | −1 743 | −907 | 2 047 | 1 342 | −987 | 2 612 |
| Net financials | −43 | 107 | 154 | 0 | −42 | 114 | 928 | −8 | −4 | −517 | −119 | 400 | −72 | 7 | −174 | −17 |
| Profit before tax | 2 371 | 6 438 | −933 | −5 467 | 2 189 | 7 770 | 2 110 | −6 172 | 4 774 | −3 247 | −1 861 | −508 | 1 975 | 1 349 | −1 161 | 2 596 |
| Tax | 661 | 1 821 | −256 | −0 | −870 | 2 098 | 359 | 99 | −408 | −586 | 908 | −0 | −1 590 | 301 | −208 | 589 |
| Net profit | 1 711 | 4 618 | −678 | −5 467 | 3 059 | 5 672 | 1 751 | −6 271 | 5 182 | −2 661 | −2 769 | −508 | 3 565 | 1 048 | −953 | 2 007 |
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 9 997 | 17 323 | 19 263 | 7 089 | 12 228 | 21 177 | 15 862 | 11 974 | 17 144 | 17 236 | 10 929 | 9 838 | 9 725 | 10 467 | 7 805 | 10 736 |
| Equity | 4 211 | 5 978 | 5 301 | −166 | 4 893 | 9 065 | 7 216 | 945 | 6 127 | 755 | −1 899 | −1 963 | 1 602 | 2 649 | 1 696 | 3 328 |
| Long-term debt | 31 | 0 | 0 | 0 | 0 | 604 | 192 | 200 | 481 | 2 029 | 1 939 | 1 188 | 856 | 549 | 328 | 140 |
| Short-term debt | 5 756 | 11 345 | 11 949 | 5 161 | 7 158 | 11 509 | 8 455 | 10 830 | 10 536 | 14 452 | 10 888 | 10 613 | 7 268 | 7 269 | 5 780 | 7 268 |
| Total debt | 5 787 | 11 345 | 13 963 | 7 255 | 7 336 | 12 113 | 8 647 | 11 029 | 11 017 | 16 481 | 12 828 | 11 801 | 8 124 | 7 818 | 6 109 | 7 408 |
EBITDA margin
7.4%
This company
15.8%
Market median
-53% vs market
20092024
Equity ratio
31.0%
This company
38.2%
Market median
+19% vs market
20092024
Return on equity
60.3%
This company
18.4%
Market median
+228% vs market
20092024
Net profit margin
5.2%
This company
8.1%
Market median
-36% vs market
20092024
Asset turnover
3.60×
This company
1.12×
Market median
+221% vs market
20092024
Debt / equity
2.23×
This company
0.62×
Market median
-260% vs market
20092024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
RA Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
IM Chief Executive Officer | Chief Executive Officer | 2010 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2024 | — | — | |
| Chairman | 2010 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Pipe System Engineering S.R.L. | Company | 100.0% | 100.0% | 2024 |
Pipe Systems Engineering S.R.L. | Company | 100.0% | 100.0% | 2023 |
| Individual | 100.0% | 100.0% | 2022 |
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PIPE SYSTEMS ENGINEERING AS 
TENTEK ASBoard members of PIPE SYSTEMS ENGINEERING AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ronny André Frøystad | Chief Executive Officer | 0 companies |
| Iuliana Micu | Chief Executive Officer | 0 companies |
| Marius Florin Micu | Board of Directors | 0 companies |
| Per Kristian Furø | Chairman | 0 companies |