Riskpilot← Back to searchSign inGet full accessNORWEGIAN ELECTRIC SYSTEMS AS
ASActiveOrg 994300962Janaflaten 10, 5179 GodvikManufacture of electricity distribution and control apparatus · NACE 2712Est. 200976 employees
Revenue 2024
NOK 329,8M
+56% vs 2023
EBITDA margin
-6.2%
+16% vs 2023
Equity ratio
5.1%
Financial strength
Net profit 2024
NOK -4,8M
+68% vs 2023
| Revenue | NOK 329,8M | +56% |
| EBITDA | NOK -20,5M | +16% |
| Net profit | NOK -4,8M | +68% |
| Total assets | NOK 390,8M | +147% |
| Equity | NOK 20M | +0% |
| Employees | 76 | — |
Legal name
NORWEGIAN ELECTRIC SYSTEMS AS
Org number
994300962
Legal form
Aksjeselskap
NACE code
2712 · Manufacture of electricity distribution and control apparatus
Founded
8. juli 2009
Share capital
NOK 1 120 600
Employees
76 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Utvikling, produksjon og salg av fremdriftssystemer, samt alt som står i naturlig sammenheng med dette, herunder å investere i slike typer virksomheter.
Address
Janaflaten 10, 5179 Godvik
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 392 801 | 226 403 | 268 198 | 211 852 | 329 827 |
| Staff expenses | −59 272 | −55 664 | −52 146 | −59 511 | −83 986 |
| EBITDA | 24 573 | 7 141 | −16 952 | −24 439 | −20 499 |
| Depreciation & amort. | −1 833 | −5 151 | −0 | −0 | −0 |
| EBIT | 22 740 | 1 990 | −16 952 | −24 439 | −20 499 |
| Net financials | −9 245 | −1 455 | 6 649 | 4 860 | 13 939 |
| Profit before tax | 13 494 | 535 | −10 303 | −19 580 | −6 560 |
| Tax | −0 | −15 081 | −2 373 | −4 629 | −1 752 |
| Net profit | 13 494 | 15 616 | −7 930 | −14 951 | −4 808 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 139 167 | 229 028 | 181 163 | 158 293 | 390 788 |
| Equity | −6 124 | 61 099 | 36 612 | 20 014 | 20 000 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 145 290 | 167 929 | 144 551 | 138 279 | 370 788 |
| Total debt | 145 290 | 167 929 | 144 551 | 138 279 | 370 788 |
EBITDA margin
-6.2%
This company
15.8%
Market median
-139% vs market
20202024
Equity ratio
5.1%
This company
38.2%
Market median
-87% vs market
20202024
Return on equity
-24.0%
This company
18.4%
Market median
-230% vs market
20202024
Net profit margin
-1.5%
This company
8.1%
Market median
-119% vs market
20202024
Asset turnover
0.84×
This company
1.12×
Market median
+25% vs market
20202024
Debt / equity
18.54×
This company
0.62×
Market median
-2890% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
ST Chief Executive Officer | Chief Executive Officer | 2023 |
PA Deputy Member | Deputy Member | 2024 |
FK Deputy Member | Deputy Member | 2024 |
TJ Deputy Member | Deputy Member | 2025 |
DS Deputy Member | Deputy Member | 2025 |
| Former (3) | ||
RH Deputy Member | Deputy Member | 2022 – 2024 |
GL Chief Executive Officer | Chief Executive Officer | 2021 – 2022 |
KH Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2024 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Chairman | 2022 | |
| Board of Directors | 2022 | |
| Former (8) | ||
| Board of Directors | 2021 – 2021 | |
| Board of Directors | 2024 – 2024 | |
| Board of Directors | 2021 – 2022 | |
| Board of Directors | 2022 – 2023 | |
| Board of Directors | 2021 – 2022 | |
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2023 – 2024 | |
| Board of Directors | 2022 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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Nordnet Livsforsikring As
NORWEGIAN ELECTRIC SYSTEMS AS Board members of NORWEGIAN ELECTRIC SYSTEMS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Siv-Kathrin Toft Remøy-Vangen | Chief Executive Officer | 0 companies |
| Pål Aurvåg | Deputy Member | 0 companies |
| Frank-Levi Kvalsund | Deputy Member | 0 companies |
| Rune Holmedal | Deputy Member | 0 companies |
| Tor Johan Lorgen Vatnehol | Deputy Member | 0 companies |
| Geir Larsen | Chief Executive Officer | 0 companies |
| Karsten Hallvar Sævik | Chief Executive Officer | 0 companies |
| Daniel Silseth Aarø | Deputy Member | 0 companies |
| Svein Ove Uhlen Farstad | Board of Directors | 0 companies |
| Anne-Marte Berge Hasfjord | Board of Directors | 0 companies |
| Jan Henrik Albert Joys | Board of Directors | 0 companies |
| Anne-Marte Berge | Board of Directors | 0 companies |
| Egil Riber-Bremnes | Board of Directors | 0 companies |
| Tore Havsø | Board of Directors | 0 companies |
| Egil Bremnes | Board of Directors | 0 companies |
| Erik Høyvik | Board of Directors | 0 companies |
| Gunnar Larsen | Chairman | 0 companies |
| Vegard Sævik | Board of Directors | 0 companies |
| Eirik Sivertsen | Board of Directors | 0 companies |
| Kjetil Yoo Ripe | Board of Directors | 0 companies |
| Marius Koksvik | Board of Directors | 0 companies |