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Norbit Subsea AS
AS
Active
Org 994353098
Stiklestadveien 1, 7041
Trondheim
Manufacture of other special-purpose machinery n.e.c.
·
NACE 2899
Est. 2009 · 16 years old
78 employees
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Norway
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Companies
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Manufacture of other special-purpose machinery n.e.c.
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Norbit Subsea AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
773M
580M
387M
193M
0M
2020: 218M
218M
2020
2021: 318M (+46% vs 2020)
318M
+46%
2021
2022: 394M (+24% vs 2021)
394M
+24%
2022
2023: 575M (+46% vs 2022)
575M
+46%
2023
2024: 621M (+8% vs 2023)
621M
+8%
2024
EBITDA
NOK millions
252M
189M
126M
63M
0M
2020: 44M
44M
2020
2021: 103M (+134% vs 2020)
103M
+134%
2021
2022: 126M (+22% vs 2021)
126M
+22%
2022
2023: 195M (+55% vs 2022)
195M
+55%
2023
2024: 202M (+4% vs 2023)
202M
+4%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
621 162
575 395
394 123
317 854
217 680
Staff expenses
−54 632
−43 947
−20 306
−18 534
−9 850
EBITDA
202 105
194 899
125 568
102 567
43 697
Depreciation & amort.
−48 444
−32 784
−19 789
−15 242
−10 964
EBIT
153 661
162 114
105 779
87 325
32 734
Net financials
16 136
163
1 913
−2 250
−3 848
Profit before tax
169 796
162 277
107 692
85 075
28 886
Tax
35 564
35 409
23 494
18 834
5 897
Net profit
134 232
126 868
84 198
66 241
22 989
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
512 593
412 543
303 309
203 287
177 720
Equity
145 526
121 297
58 559
58 673
58 826
Long-term debt
2 266
12 100
8 575
9 800
0
Short-term debt
364 801
279 145
236 174
134 815
118 894
Total debt
367 067
291 245
244 749
144 615
118 894
Financial ratios
5-year trend
EBITDA margin
32,5 %
This company
15,8 %
Market median
This company
Market median
106% above market
2020
2024
Equity ratio
28,4 %
This company
38,2 %
Market median
This company
Market median
26% below market
2020
2024
Return on equity
92,2 %
This company
18,4 %
Market median
This company
Market median
401% above market
2020
2024
Net profit margin
21,6 %
This company
8,1 %
Market median
This company
Market median
167% above market
2020
2024
Asset turnover
1,21×
This company
1,12×
Market median
This company
Market median
8% above market
2020
2024
Debt / equity
2,52×
This company
0,62×
Market median
This company
Market median
306% above 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
More on Norbit Subsea AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network