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CONNECTOR SUBSEA DISTRIBUTION AS

979918690AksjeselskapMVA
Municipality
BERGEN
Employees
12
Founded
25.05.1998
Roles
3
www.norvalves.no
Company details
Business address
Kokstadflaten 17, 5257 KOKSTAD
Municipality
Bergen
Phone
56 31 54 50
Sector
Private aksjeselskaper mv.
Share capital
3 600 000 kr(1 shares)
Registered
07.07.1998
Purpose
Utvikle, konstruere og levere ventiler og hydrauliske distribusjonssystemer, samt virksomhet som står i forbindelse med dette. Selskapet er produkteier for alle leverte produkter, mens produksjon av produktene blir i stor grad utført sammen med underleverandører.
Board and management

Styre og ledelse

André Kristiansen Midtun
Daglig leder
Ivar Kjærvik Hanson
Styremedlem
Pål Magne Hisdal
Styrets leder

Revisor

RSM NORGE AS

Is revisor for 7 069 companies

Revisor

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Financials2024
Revenue
132.4 mill
Operating result
-5.3 mill
Net result
-5.3 mill
Assets
77.7 mill
Equity
7.8 mill
Debt
69.9 mill
Financial health check
Equity ratio
Weak
Current ratio
Weak
Profitability
Weak
Income statement and balance sheet
2024
Income statement
Revenue132.4 mill
Operating costs137.6 mill
= Operating result-5.3 mill
Net finance-1.6 mill
= Net result-5.3 mill
Balance sheet
Fixed assets34.6 mill
Current assets43.1 mill
= Total assets77.7 mill
Equity7.8 mill
Long-term debt18.3 mill
Short-term debt51.6 mill
= Total debt69.9 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
-4.0%0.8%
Net margin
-4.0%—
Return on assets
-8.8%5.0%
Return on equity
-68.5%—
Equity ratio
10.0%22.3%
Current ratio
0.831.98
Debt-to-equity
9.011.54

Based on 13 companies

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

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