Riskpilot← Back to searchSign inGet full accessCECON CONTRACTING AS
ASActiveOrg 996311465Dronning Mauds Gate 1, 0250 OsloEngineering activities and related technical consultancy · NACE 7112Est. 201011 employees
Revenue 2024
NOK 243M
-44% vs 2023
EBITDA margin
18.9%
-49% vs 2023
Equity ratio
21.8%
Financial strength
Net profit 2024
NOK 39,3M
-26% vs 2023
| Revenue | NOK 243M | -44% |
| EBITDA | NOK 45,9M | -49% |
| Net profit | NOK 39,3M | -26% |
| Total assets | NOK 356,9M | +19% |
| Equity | NOK 77,9M | +64% |
| Employees | 11 | — |
Legal name
CECON CONTRACTING AS
Org number
996311465
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
16. desember 2010
Share capital
NOK 250 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Jo terje braadlie
Company purpose
Gjennomføre entrepriser innen undervannsrørlegging, kabellegging og beslektede aktiviteter, samt å eie andeler i virksomheter som driver beslektet aktivitet.
Address
Dronning Mauds Gate 1, 0250 Oslo
Email
post@cecon.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 34 034 | 1 115 | 54 912 | 2 545 | 128 262 | 182 159 | 158 157 | 187 150 | 431 400 | 243 034 |
| Staff expenses | −0 | −0 | −0 | −1 499 | −3 241 | −6 252 | −5 178 | −17 005 | −8 923 | −14 456 | −23 602 | −30 172 | −39 138 |
| EBITDA | 0 | −6 | −28 | 9 509 | −4 221 | 6 093 | −9 414 | 41 788 | 41 789 | 47 888 | 33 894 | 90 526 | 45 947 |
| Depreciation & amort. | −0 | −0 | −0 | −890 | −1 093 | −1 093 | −1 093 | −1 126 | −318 | −237 | −309 | −725 | −3 455 |
| EBIT | 0 | −6 | −28 | 8 619 | −5 314 | 5 000 | −10 507 | 40 661 | 41 471 | 47 651 | 33 585 | 89 801 | 42 491 |
| Net financials | 0 | 0 | 0 | 925 | −116 | 790 | −770 | −990 | −5 214 | 160 | 11 979 | 2 365 | 7 882 |
| Profit before tax | 0 | −6 | −28 | 9 544 | −5 430 | 5 791 | −11 277 | 39 671 | 36 258 | 47 811 | 45 564 | 92 166 | 50 373 |
| Tax | −0 | −0 | −0 | 1 453 | −0 | −0 | −0 | 5 084 | 7 821 | 9 445 | 9 918 | 39 227 | 11 106 |
| Net profit | 0 | −6 | −28 | 8 091 | −5 430 | 5 791 | −11 277 | 34 587 | 28 437 | 38 366 | 35 647 | 52 938 | 39 267 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 91 | 4 454 | 22 842 | 7 429 | 31 154 | 6 409 | 94 286 | 88 747 | 216 400 | 132 553 | 299 446 | 356 852 |
| Equity | — | 91 | 4 428 | 17 847 | 6 418 | 12 209 | 932 | 17 493 | 18 199 | 106 894 | 21 834 | 47 499 | 77 872 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 3 744 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 0 | 0 | 26 | 4 994 | 1 011 | 18 945 | 1 733 | 76 793 | 70 548 | 109 507 | 110 720 | 251 947 | 278 980 |
| Total debt | 0 | 0 | 26 | 4 994 | 1 011 | 18 945 | 5 477 | 76 793 | 70 548 | 109 507 | 110 720 | 251 947 | 278 980 |
EBITDA margin
18.9%
This company
15.8%
Market median
+20% vs market
20122024
Equity ratio
21.8%
This company
38.2%
Market median
-43% vs market
20122024
Return on equity
50.4%
This company
18.4%
Market median
+174% vs market
20122024
Net profit margin
16.2%
This company
8.1%
Market median
+100% vs market
20122024
Asset turnover
0.68×
This company
1.12×
Market median
-39% vs market
20122024
Debt / equity
3.58×
This company
0.62×
Market median
-477% vs market
20122024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JT Chief Executive Officer | Chief Executive Officer | 2015 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2018 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Rever Group Limited | Company | 90.3% | 90.3% | 2024 |
Elfri As | Company | 9.8% | 9.8% | 2024 |
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CECON CONTRACTING AS 
AGALAS CABLE 1 ASBoard members of CECON CONTRACTING AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jo Terje Braadlie | Chief Executive Officer | 0 companies |
| Riulf Frederik Rustad | Board of Directors | 0 companies |
| Bjørn Ivar Carlsen | Board of Directors | 0 companies |
| Riulf Karsten Rustad | Chairman | 0 companies |
| Svein Olsen | Board of Directors | 0 companies |