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Workhorse Norway AS
AS
Active
Org 998686520
Havneheia 1, 4550
Farsund
Repair and maintenance of civilian ships and boats
·
NACE 3315
Est. 2012 · 13 years old
9 employees
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Norway
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Companies
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Repair and maintenance of civilian ships and boats
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Workhorse Norway AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
6M
5M
3M
2M
0M
2021: 3M
3M
2021
2022: 3M (0% vs 2021)
3M
0%
2022
2023: 3M (0% vs 2022)
3M
0%
2023
2024: 4M (+33% vs 2023)
4M
+33%
2024
2025: 5M (+25% vs 2024)
5M
+25%
2025
EBITDA
NOK millions
1M
1M
1M
0M
0M
2021: 0M
0M
2021
2022: 0M
0M
2022
2023: 0M
0M
2023
2024: 0M
0M
2024
2025: 1M
1M
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
5 026
3 781
2 521
2 908
2 544
Staff expenses
−3 116
−2 338
−2 230
−2 419
−2 103
EBITDA
507
144
140
333
317
Depreciation & amort.
−0
−20
−60
−60
−60
EBIT
507
125
80
273
257
Net financials
57
74
61
−8
12
Profit before tax
564
199
141
266
269
Tax
122
44
39
62
59
Net profit
443
155
102
203
210
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
5 641
4 579
4 215
4 194
3 853
Equity
4 002
3 559
3 404
3 303
3 099
Long-term debt
0
0
0
0
3
Short-term debt
1 639
1 020
811
892
751
Total debt
1 639
1 020
811
892
754
Financial ratios
5-year trend
EBITDA margin
10,1 %
This company
15,8 %
Market median
This company
Market median
36% below market
2021
2025
Equity ratio
70,9 %
This company
38,2 %
Market median
This company
Market median
86% above market
2021
2025
Return on equity
11,1 %
This company
18,4 %
Market median
This company
Market median
40% below market
2021
2025
Net profit margin
8,8 %
This company
8,1 %
Market median
This company
Market median
9% above market
2021
2025
Asset turnover
0,89×
This company
1,12×
Market median
This company
Market median
21% below market
2021
2025
Debt / equity
0,41×
This company
0,62×
Market median
This company
Market median
34% below market
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 Workhorse Norway AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
