What is the Org number of WORKHORSE NORWAY AS?

WORKHORSE NORWAY AS is registered with Brønnøysundsregistrene under Org 998686520.

What is the revenue of WORKHORSE NORWAY AS?

WORKHORSE NORWAY AS reported revenue of NOK 3,8M in 2024.

How many employees does WORKHORSE NORWAY AS have?

WORKHORSE NORWAY AS employs 9 people as of the latest annual report.

Who is the CEO of WORKHORSE NORWAY AS?

Geoffrey Frederick Boyer is Chief Executive Officer of WORKHORSE NORWAY AS, in role since 2012.

Where is WORKHORSE NORWAY AS headquartered?

WORKHORSE NORWAY AS's registered address is Havneheia 1, 4550 Farsund.

WORKHORSE NORWAY AS

ASActive

Org 998686520Havneheia 1, 4550 FarsundRepair and maintenance of civilian ships and boats · NACE 3315Est. 20129 employees

Revenue 2024

NOK 3,8M

+50% vs 2023

EBITDA margin

3.8%

+3% vs 2023

Equity ratio

77.7%

Financial strength

Net profit 2024

NOK 155K

+52% vs 2023

EBITDA — year on yearNOK millions

Key figuresAnnual report 2024

Revenue	NOK 3,8M	+50%
EBITDA	NOK 144K	+3%
Net profit	NOK 155K	+52%
Total assets	NOK 4,6M	+9%
Equity	NOK 3,6M	+5%
Employees	9	—

Item	2020	2021	2022	2023	2024
Revenue	1 898	2 544	2 908	2 521	3 781
Staff expenses	−1 504	−2 103	−2 419	−2 230	−2 338
EBITDA	284	317	333	140	144
Depreciation & amort.	−60	−60	−60	−60	−20
EBIT	224	257	273	80	125
Net financials	−21	12	−8	61	74
Profit before tax	203	269	266	141	199
Tax	45	59	62	39	44
Net profit	158	210	203	102	155

Item	2020	2021	2022	2023	2024
Total assets	3 479	3 853	4 194	4 215	4 579
Equity	2 889	3 099	3 303	3 404	3 559
Long-term debt	5	3	0	0	0
Short-term debt	585	751	892	811	1 020
Total debt	590	754	892	811	1 020

Name	Role	Member since
Current (1)
GF Geoffrey Frederick Boyer Chief Executive Officer	Chief Executive Officer	2012

Shareholder	Type	Ownership	Votes	Since
Cecilie Buch Boyer	Individual	3.33%	3.33%	2024

Person	Role here	Other companies
Geoffrey Frederick Boyer	Chief Executive Officer	0 companies