Riskpilot← Back to searchSign inGet full accessMORROW TECHNOLOGIES AS
ASActiveOrg 998756138Kristian Birkelands Trasé 6, 4849 ArendalResearch and experimental development on natural sciences and engineering · NACE 7210Est. 201267 employees
Revenue 2024
NOK 73,7M
+3% vs 2023
EBITDA margin
-64.2%
-32% vs 2023
Equity ratio
77.4%
Financial strength
Net profit 2024
NOK -60,1M
-40% vs 2023
| Revenue | NOK 73,7M | +3% |
| EBITDA | NOK -47,3M | -32% |
| Net profit | NOK -60,1M | -40% |
| Total assets | NOK 88,1M | -14% |
| Equity | NOK 68,2M | -19% |
| Employees | 67 | — |
Legal name
MORROW TECHNOLOGIES AS
Org number
998756138
Legal form
Aksjeselskap
NACE code
7210 · Research and experimental development on natural sciences and engineering
Founded
27. august 2012
Share capital
NOK 48 977
Employees
67 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og navngitt person har signaturrett i fellesskap.
Company purpose
Selskapets formål er å utvikle, produsere og selge produkter knyttet til batteriteknologi, samt å utføre tjenester og annen virksomhet som står i naturlig forhold til dette. Selskapet kan også eie aksjer i andre selskaper.
Address
Kristian Birkelands Trasé 6, 4849 Arendal
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 | 231 | 2 296 | 3 310 | 1 928 | 2 000 | 1 520 | 420 | 1 623 | 1 634 | 2 196 | 1 256 | 71 623 | 73 674 |
| Staff expenses | −178 | −477 | −317 | −895 | −1 090 | −1 236 | −1 618 | −1 222 | −1 778 | −0 | −0 | −0 | −0 |
| EBITDA | −35 | 425 | 1 574 | 76 | −336 | −1 358 | −2 054 | −427 | −2 880 | 392 | −20 184 | −35 771 | −47 307 |
| Depreciation & amort. | −2 | −9 | −9 | −24 | −94 | −102 | −138 | −131 | −147 | −115 | −873 | −5 633 | −13 447 |
| EBIT | −37 | 416 | 1 565 | 52 | −431 | −1 460 | −2 191 | −558 | −3 027 | 276 | −21 057 | −41 404 | −60 754 |
| Net financials | −4 | −10 | 5 | 2 | 3 | 1 | 2 | 0 | 1 | −7 | 1 413 | 5 286 | 693 |
| Profit before tax | −40 | 406 | 1 571 | 54 | −428 | −1 459 | −2 190 | −558 | −3 026 | 269 | −19 644 | −36 118 | −60 061 |
| Tax | −0 | −0 | 175 | −0 | −0 | −0 | −0 | −0 | −2 424 | 59 | −0 | −0 | −0 |
| Net profit | −40 | 406 | 1 395 | 54 | −428 | −1 459 | −2 190 | −558 | −602 | 210 | −15 322 | −42 804 | −60 061 |
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 631 | 1 159 | 2 546 | 2 159 | 2 070 | 3 757 | 2 021 | 1 697 | 9 518 | 9 017 | 72 600 | 102 163 | 88 123 |
| Equity | −20 | 386 | 1 782 | 1 836 | 1 409 | 2 807 | 1 618 | 1 060 | 5 458 | 5 667 | 67 474 | 83 766 | 68 209 |
| Long-term debt | 573 | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 77 | 772 | 764 | 323 | 661 | 849 | 404 | 637 | 4 060 | 3 349 | 5 126 | 18 397 | 19 914 |
| Total debt | 650 | 772 | 764 | 323 | 661 | 950 | 404 | 637 | 4 060 | 3 349 | 5 126 | 18 397 | 19 914 |
EBITDA margin
-64.2%
This company
15.8%
Market median
-506% vs market
20122024
Equity ratio
77.4%
This company
38.2%
Market median
+103% vs market
20122024
Return on equity
-88.1%
This company
18.4%
Market median
-579% vs market
20122024
Net profit margin
-81.5%
This company
8.1%
Market median
-1106% vs market
20122024
Asset turnover
0.84×
This company
1.12×
Market median
+25% vs market
20122024
Debt / equity
0.29×
This company
0.62×
Market median
+53% 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 2012-08-17 – 2012-12-31
No data on file.
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2023 | — | — | |
| Deputy Chairman | 2020 | — | — | |
| Chairman | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Chairman | 2026 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Morrow Batteries Asa | Company | 100.0% | 100.0% | 2024 |
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Morrow Batteries Asa
MORROW TECHNOLOGIES AS Board members of MORROW TECHNOLOGIES AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kathrine Aalerud | Board of Directors | 0 companies |
| Rahul Fotedar | Deputy Chairman | 0 companies |
| Håkon Ryan Tanem | Chairman | 0 companies |
| Terje Ivar Andersen | Chairman | 0 companies |
| Jon Fold Von Bülow | Chairman | 0 companies |
| Pål Karsten Røed Brun | Board of Directors | 0 companies |
| Dagfinn Breistein Lie | Board of Directors | 0 companies |
| Lars Christian Bacher | Chairman | 0 companies |