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Abyssinia Resources Development AS
AS
Active
Org 995011050
Sørbyhaugen 29, 0379
Oslo
Engineering activities and related technical consultancy
·
NACE 7112
Est. 2010 · 16 years old
4 employees
Monitor
Share
Norway
/
Companies
/
Engineering activities and related technical consultancy
/
Abyssinia Resources Development AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
75M
56M
37M
19M
0M
2021: 1M
1M
2021
2022: 60M (+5900% vs 2021)
60M
+5900%
2022
2023: 41M (-32% vs 2022)
41M
-32%
2023
2024: 16M (-61% vs 2023)
16M
-61%
2024
2025: 18M (+13% vs 2024)
18M
+13%
2025
EBITDA
NOK millions
32M
22M
11M
0M
-10M
2021: 16M
16M
2021
2022: 5M (-69% vs 2021)
5M
-69%
2022
2023: 24M (+380% vs 2022)
24M
+380%
2023
2024: -2M (-108% vs 2023)
-2M
-108%
2024
2025: -1M (+50% vs 2024)
-1M
+50%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
18 472
15 731
41 262
60 252
1 413
Staff expenses
−6 438
−8 632
−7 207
−6 467
−5 031
EBITDA
−1 416
−2 160
24 328
5 013
16 073
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−1 416
−2 160
24 328
5 013
16 073
Net financials
−207 034
−106 736
−42 713
−17 195
−2 355
Profit before tax
−208 450
−108 896
−18 385
−12 182
13 717
Tax
388
1 619
−0
−0
−0
Net profit
−208 838
−110 515
−18 385
−12 182
13 717
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
420 643
396 934
304 017
215 594
85 658
Equity
−12 774
−127 867
−17 352
1 033
13 215
Long-term debt
426 938
248 830
134 951
92 749
0
Short-term debt
6 478
275 971
186 418
121 812
72 442
Total debt
433 417
524 801
321 369
214 561
72 442
Financial ratios
5-year trend
EBITDA margin
-7.7%
This company
15.8%
Market median
This company
Market median
149% below market
2021
2025
Equity ratio
-3.0%
This company
38.2%
Market median
This company
Market median
108% below market
2021
2025
Return on equity
—
This company
18.4%
Market median
This company
Market median
2021
2025
Net profit margin
<−999%
This company
8.1%
Market median
This company
Market median
>999% below market
2021
2025
Asset turnover
0.04×
This company
1.12×
Market median
This company
Market median
96% below market
2021
2025
Debt / equity
—
This company
0.62×
Market median
This company
Market median
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 Abyssinia Resources Development AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
