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APPROVED DESIGN NORWAY LTD
NUF
Active
Org 996194744
Skaret, 7100 Rissa
Engroshandel med maskiner og utstyr til industri ellers · NACE 46693
Est. 2010
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 3,7M
+711% vs 2020
EBITDA margin
27.4%
+276% vs 2020
Equity ratio
51.0%
Financial strength
Net profit 2021
NOK 780K
+202% vs 2020
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2018
0M
0%
2019
0M
0%
2020
1M
+100%
2021
Key figures
Annual report 2021
Revenue
NOK 3,7M
+711%
EBITDA
NOK 1M
+276%
Net profit
NOK 780K
+202%
Total assets
NOK 1,6M
+424%
Equity
NOK 833K
+1465%
Employees
0
—
Company information
Legal name
APPROVED DESIGN NORWAY LTD
Org number
996194744
Legal form
Norskregistrert Utenlandsk Foretak
NACE code
46693 · Engroshandel med maskiner og utstyr til industri ellers
Founded
26. november 2010
Share capital
—
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Company purpose
Import og eksport av maskiner til slakteri og foredlingsindustrien. Konsulentarbeid innen samme.
Contact
Address
Skaret, 7100 Rissa
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Companies in Engroshandel med maskiner og utstyr til industri ellers
Companies in Indre Fosen
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
1M
2018
2M
2019
0M
2020
4M
2021
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2018
0M
2019
0M
2020
1M
2021
Income statement
NOK thousands
Item
2018
2019
2020
2021
Revenue
1 202
1 947
459
3 722
Staff expenses
−66
−81
−127
−252
EBITDA
40
−29
271
1 020
Depreciation & amort.
−0
−17
−20
−20
EBIT
40
−46
251
1 000
Net financials
0
−1
6
−5
Profit before tax
40
−48
258
996
Tax
−0
−0
−0
216
Net profit
40
−48
258
780
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
Total assets
160
366
312
1 634
Equity
−157
−205
53
833
Long-term debt
0
0
0
0
Short-term debt
318
571
259
801
Total debt
318
571
259
801
Financial ratios
5-year trend
EBITDA margin
27.4%
This company
15.8%
Market median
+73% vs market
2018
2021
Equity ratio
51.0%
This company
38.2%
Market median
+34% vs market
2018
2021
Return on equity
93.6%
This company
18.4%
Market median
+409% vs market
2018
2021
Net profit margin
20.9%
This company
8.1%
Market median
+158% vs market
2018
2021
Asset turnover
2.28×
This company
1.12×
Market median
+104% vs market
2018
2021
Debt / equity
0.96×
This company
0.62×
Market median
+55% vs market
2018
2021
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TN
Terje Norøy
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
HN
Hans Norøy
Board of Directors
2010
PN
Pål Norøy
Board of Directors
2010
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of APPROVED DESIGN NORWAY LTD also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Norøy
Chief Executive Officer
0 companies
Hans Norøy
Board of Directors
0 companies
Pål Norøy
Board of Directors
0 companies