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NORSE CUTTING AS

915701868AksjeselskapMVA
Municipality
SOLA
Employees
52
Founded
24.06.2015
Roles
3
www.norse-cutting.com
Company details
Business address
Skvadronvegen 25, 4050 SOLA
Municipality
Sola
Sector
Private aksjeselskaper mv.
Share capital
910 400 kr(910 400 shares)
Registered
10.08.2015
Purpose
Mobil maskinering/kutting og annen servicearbeid samt alt hva som dermed står i naturlig forbindelse.
Board and management

Styre og ledelse

Tor Hallgeir Johannessen
Daglig leder
Kenneth Erga
Styremedlem
Stein Hogstad
Styrets leder

Revisor

AAUDIT AS

Is revisor for 580 companies

Revisor

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Financials2024
Revenue
137.2 mill
Operating result
20.9 mill
Net result
16.3 mill
Assets
64.0 mill
Equity
25.2 mill
Debt
38.8 mill
Financial health check
Equity ratio
Good
Current ratio
Satisfactory
Profitability
Very good
Income statement and balance sheet
2024
Income statement
Revenue137.2 mill
Operating costs116.4 mill
= Operating result20.9 mill
Net finance93k
= Net result16.3 mill
Balance sheet
Fixed assets10.6 mill
Current assets53.4 mill
= Total assets64.0 mill
Equity25.2 mill
Long-term debt385k
Short-term debt38.4 mill
= Total debt38.8 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
15.2%6.0%
Net margin
11.9%—
Return on assets
32.7%8.1%
Return on equity
64.8%—
Equity ratio
39.4%40.8%
Current ratio
1.391.64
Debt-to-equity
1.541.16

Based on 552 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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