Riskpilot← Back to searchSign inGet full accessXO HELICOPTERS AS
ASActiveOrg 998989493Møbelvegen 1, 2860 HovWholesale of other machinery and equipment · NACE 4664Est. 20128 employees
Revenue 2024
NOK 38,3M
+118% vs 2023
EBITDA margin
13.5%
+277% vs 2023
Equity ratio
19.0%
Financial strength
Net profit 2024
NOK 3,5M
+1063% vs 2023
| Revenue | NOK 38,3M | +118% |
| EBITDA | NOK 5,2M | +277% |
| Net profit | NOK 3,5M | +1063% |
| Total assets | NOK 44,7M | +218% |
| Equity | NOK 8,5M | +25% |
| Employees | 8 | — |
Legal name
XO HELICOPTERS AS
Org number
998989493
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
10. oktober 2012
Share capital
NOK 200 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller daglig leder alene.
Company purpose
Import/eksport, salg av handelsvarer, kjøp og salg av maskiner og luftfartøy, leie og lease av luftfartøy samt drift og vedlikehold av disse. Selskapet driver også offentlig godkjent helikopterverksted for kunder.
Address
Møbelvegen 1, 2860 Hov
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 63 810 | 72 714 | 8 250 | 17 573 | 38 289 |
| Staff expenses | −7 314 | −2 278 | −34 | −2 376 | −5 411 |
| EBITDA | −4 087 | −1 628 | 2 697 | 1 373 | 5 170 |
| Depreciation & amort. | −788 | −820 | −820 | −817 | −875 |
| EBIT | −4 876 | −2 447 | 1 877 | 556 | 4 296 |
| Net financials | −96 | 399 | −32 | −169 | 191 |
| Profit before tax | −4 972 | −2 048 | 1 844 | 387 | 4 487 |
| Tax | −1 093 | −451 | 450 | 86 | 991 |
| Net profit | −3 878 | −1 597 | 1 395 | 301 | 3 496 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 22 978 | 21 256 | 20 972 | 14 067 | 44 730 |
| Equity | −117 | −1 714 | 5 540 | 6 813 | 8 499 |
| Long-term debt | 6 559 | 6 061 | 893 | 2 828 | 1 133 |
| Short-term debt | 16 535 | 16 909 | 14 539 | 4 427 | 35 099 |
| Total debt | 23 095 | 22 970 | 15 432 | 7 255 | 36 231 |
EBITDA margin
13.5%
This company
15.8%
Market median
-15% vs market
20202024
Equity ratio
19.0%
This company
38.2%
Market median
-50% vs market
20202024
Return on equity
41.1%
This company
18.4%
Market median
+123% vs market
20202024
Net profit margin
9.1%
This company
8.1%
Market median
+12% vs market
20202024
Asset turnover
0.86×
This company
1.12×
Market median
+23% vs market
20202024
Debt / equity
4.26×
This company
0.62×
Market median
-587% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ME Chief Executive Officer | Chief Executive Officer | 2022 |
| Former (1) | ||
JF Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2022 | |
| Former (4) | ||
| Board of Directors | 2021 – 2021 | |
| Chairman | 2021 – 2022 | |
| Board of Directors | 2021 – 2021 | |
| Chairman | 2021 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Skydance Invest As
XO HELICOPTERS AS Board members of XO HELICOPTERS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jarle Fjeldberg | Chief Executive Officer | 0 companies |
| Mads Engen Sopp | Chief Executive Officer | 0 companies |
| Tina Østnes Øye | Board of Directors | 0 companies |
| Frode Østnes | Chairman | 0 companies |
| Trine Holter | Board of Directors | 0 companies |
| Håvard Hammertrø | Chairman | 0 companies |
| Leif Christian Salomonsen | Chairman | 0 companies |