Riskpilot← Back to searchSign inGet full accessABYSSINIA RESOURCES DEVELOPMENT AS
ASActiveOrg 995011050Sørbyhaugen 29, 0379 OsloEngineering activities and related technical consultancy · NACE 7112Est. 20104 employees
Revenue 2024
NOK 15,7M
-62% vs 2023
EBITDA margin
-13.7%
-109% vs 2023
Equity ratio
-32.2%
Financial strength
Net profit 2024
NOK -110,5M
-501% vs 2023
| Revenue | NOK 15,7M | -62% |
| EBITDA | NOK -2,2M | -109% |
| Net profit | NOK -110,5M | -501% |
| Total assets | NOK 396,9M | +31% |
| Equity | NOK -127,9M | -637% |
| Employees | 4 | — |
Legal name
ABYSSINIA RESOURCES DEVELOPMENT AS
Org number
995011050
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
19. januar 2010
Share capital
NOK 6 727 696
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder hver for seg.
Company purpose
Å være engasjert i internasjonal leting og utvinning av mineralforekomster og edelmetaller, samt hva som herved står i forbindelse inklusiv investeringer i rettigheter og kjøp og salg av selskaper innenfor samme virksomhetsområde.
Address
Sørbyhaugen 29, 0379 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50 | 60 | 385 | 1 413 | 60 252 | 41 262 | 15 731 |
| Staff expenses | −1 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −1 423 | −5 031 | −6 467 | −7 207 | −8 632 |
| EBITDA | −511 | −526 | −273 | −336 | −120 | −642 | −265 | −438 | −951 | −191 | −27 416 | 16 073 | 5 013 | 24 328 | −2 160 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBIT | −511 | −526 | −273 | −336 | −120 | −642 | −265 | −438 | −951 | −191 | −27 416 | 16 073 | 5 013 | 24 328 | −2 160 |
| Net financials | −136 | −115 | 23 | −240 | 0 | −251 | −14 | 1 084 | 1 232 | 197 | −470 | −2 355 | −17 195 | −42 713 | −106 736 |
| Profit before tax | −647 | −641 | −250 | −577 | −120 | −893 | −279 | 647 | 281 | 6 | −27 887 | 13 717 | −12 182 | −18 385 | −108 896 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | 1 619 |
| Net profit | −647 | −641 | −250 | −577 | −120 | −893 | −279 | 647 | 281 | 6 | −27 887 | 13 717 | −12 182 | −18 385 | −110 515 |
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 6 565 | 9 631 | 13 487 | 14 314 | 17 532 | 21 940 | 23 976 | 27 123 | 28 825 | 30 100 | 10 042 | 85 658 | 215 594 | 304 017 | 396 934 |
| Equity | — | 5 316 | 8 067 | 14 043 | 17 004 | 21 940 | 23 951 | 27 098 | 27 379 | 27 385 | −502 | 13 215 | 1 033 | −17 352 | −127 867 |
| Long-term debt | 0 | 0 | 5 330 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 92 749 | 134 951 | 248 830 |
| Short-term debt | 0 | 166 | 90 | 271 | 528 | 0 | 24 | 25 | 1 446 | 2 715 | 10 543 | 72 442 | 121 812 | 186 418 | 275 971 |
| Total debt | 0 | 4 315 | 5 421 | 271 | 528 | 0 | 24 | 25 | 1 446 | 2 715 | 10 543 | 72 442 | 214 561 | 321 369 | 524 801 |
EBITDA margin
-13.7%
This company
15.8%
Market median
-187% vs market
20102024
Equity ratio
-32.2%
This company
38.2%
Market median
-184% vs market
20102024
Return on equity
-11051474800.0%
This company
18.4%
Market median
-60062363143% vs market
20102024
Net profit margin
-702.5%
This company
8.1%
Market median
-8773% vs market
20102024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
20102024
Debt / equity
4.10×
This company
0.62×
Market median
-561% vs market
20102024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JE Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2020 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Akobo Minerals Ab | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
ABYSSINIA RESOURCES DEVELOPMENT AS 
DRH TRAVELS ASBoard members of ABYSSINIA RESOURCES DEVELOPMENT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jørgen Evjen | Chief Executive Officer | 0 companies |
| Hans Olav Torsen | Chairman | 0 companies |