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Ulvan AS
AS
Active
Org 994870912
Hitterveien 36, 7246
Sandstad
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2009 · 16 years old
2 employees
Monitor
Share
Norway
/
Companies
/
Engineering activities and related technical consultancy
/
Ulvan AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
7M
6M
4M
2M
0M
2021: 6M
6M
2021
2022: 4M (-33% vs 2021)
4M
-33%
2022
2023: 3M (-25% vs 2022)
3M
-25%
2023
2024: 5M (+67% vs 2023)
5M
+67%
2024
2025: 3M (-40% vs 2024)
3M
-40%
2025
EBITDA
NOK millions
2M
1M
0M
-1M
-2M
2021: 0M
0M
2021
2022: -1M
-1M
2022
2023: 0M (+100% vs 2022)
0M
+100%
2023
2024: 0M
0M
2024
2025: 1M
1M
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
3 068
4 624
2 883
3 880
5 692
Staff expenses
−174
−1 695
−1 016
−1 766
−1 505
EBITDA
1 011
117
132
−516
147
Depreciation & amort.
−123
−119
−144
−152
−159
EBIT
888
−2
−12
−669
−12
Net financials
−32
−31
−37
−22
−18
Profit before tax
856
−32
−50
−691
−30
Tax
188
−7
−11
−152
−7
Net profit
667
−25
−39
−539
−24
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
1 400
1 180
1 118
1 374
2 169
Equity
953
285
311
349
888
Long-term debt
0
162
290
410
565
Short-term debt
134
732
517
614
716
Total debt
447
894
807
1 024
1 281
Financial ratios
5-year trend
EBITDA margin
32,9 %
This company
15,8 %
Market median
This company
Market median
108% above market
2021
2025
Equity ratio
68,1 %
This company
38,2 %
Market median
This company
Market median
78% above market
2021
2025
Return on equity
70,1 %
This company
18,4 %
Market median
This company
Market median
281% above market
2021
2025
Net profit margin
21,8 %
This company
8,1 %
Market median
This company
Market median
169% above market
2021
2025
Asset turnover
2,19×
This company
1,12×
Market median
This company
Market median
96% above market
2021
2025
Debt / equity
0,47×
This company
0,62×
Market median
This company
Market median
24% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Ulvan AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network