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Stingray Marine Solutions AS
AS
Active
Org 999059198
Stålfjæra 26, 0975
Oslo
Manufacture of other special-purpose machinery n.e.c.
·
NACE 2899
Est. 2012 · 13 years old
281 employees
www.stingray.no
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Norway
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Companies
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Manufacture of other special-purpose machinery n.e.c.
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Stingray Marine Solutions AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
1.0B
0.8B
0.5B
0.3B
0B
2020: 0.1B
0.1B
2020
2021: 0.1B (+87% vs 2020)
0.1B
+87%
2021
2022: 0.2B (+89% vs 2021)
0.2B
+89%
2022
2023: 0.4B (+47% vs 2022)
0.4B
+47%
2023
2024: 0.8B (+130% vs 2023)
0.8B
+130%
2024
EBITDA
NOK millions
215M
145M
76M
6M
-64M
2020: -9M
-9M
2020
2021: 6M (+167% vs 2020)
6M
+167%
2021
2022: 27M (+350% vs 2021)
27M
+350%
2022
2023: 12M (-56% vs 2022)
12M
-56%
2023
2024: 160M (+1233% vs 2023)
160M
+1233%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
830 956
361 864
247 437
131 009
69 912
Staff expenses
−179 520
−96 192
−64 662
−53 022
−33 358
EBITDA
159 655
11 915
27 412
6 312
−8 671
Depreciation & amort.
−46 953
−24 773
−24 178
−17 816
−12 577
EBIT
112 703
−12 857
3 234
−11 504
−21 248
Net financials
−9 060
−3 556
−2 710
−1 834
−1 010
Profit before tax
103 643
−16 413
524
−13 338
−22 258
Tax
22 348
−3 885
150
−3 068
−4 018
Net profit
81 295
−12 528
373
−10 270
−18 240
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
594 558
384 261
228 233
171 375
146 729
Equity
128 810
59 216
71 744
71 370
81 641
Long-term debt
58 697
12 100
18 700
22 000
22 000
Short-term debt
407 050
312 945
137 789
78 005
43 089
Total debt
465 748
325 045
156 489
100 005
65 089
Financial ratios
5-year trend
EBITDA margin
19,2 %
This company
15,8 %
Market median
This company
Market median
22% above market
2020
2024
Equity ratio
21,7 %
This company
38,2 %
Market median
This company
Market median
43% below market
2020
2024
Return on equity
63,1 %
This company
18,4 %
Market median
This company
Market median
243% above market
2020
2024
Net profit margin
9,8 %
This company
8,1 %
Market median
This company
Market median
21% above market
2020
2024
Asset turnover
1,40×
This company
1,12×
Market median
This company
Market median
25% above market
2020
2024
Debt / equity
3,62×
This company
0,62×
Market median
This company
Market median
484% above market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on Stingray Marine Solutions AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
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Corporate hierarchy, parent and subsidiary network
