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THE SWITCH MARINE DRIVES NORWAY AS

917129436AksjeselskapMVA
Municipality
STORD
Employees
52
Founded
27.04.2016
Roles
4
Company details
Business address
Grunnavågsvegen 32, 5410 SAGVÅG
Municipality
Stord
Sector
Private aksjeselskaper mv.
Share capital
16 230 000 kr(30 000 shares)
Registered
03.05.2016
Purpose
Forestå salg, produksjon og utvikling av spesialiserte megawatt-klasse kraftomformere (power drives), fremtidssikre elektriske løsning for marine- og andre applikasjoner, samt alt som står i forbindelse med de forannevnte virksomheter.
Board and management

Styre og ledelse

Paul Skogøy Atherton
Daglig lederStyremedlem
Milla Celica Häggblom
Styremedlem
Miika-Matti Reinikka
Styrets leder

Revisor

KPMG AS

Is revisor for 6 888 companies

Revisor

Regnskapsfører

AZETS INSIGHT AS

Is regnskapsfører for 10 908 companies

Regnskapsfører

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Financials2024
Revenue
13.3 mill
Operating result
1.9 mill
Net result
1.5 mill
Assets
12.9 mill
Equity
2.8 mill
Debt
10.1 mill
Financial health check
Equity ratio
Good
Current ratio
Very good
Profitability
Good
Income statement and balance sheet
2024
Income statement
Revenue13.3 mill
Operating costs11.3 mill
= Operating result1.9 mill
Net finance-479k
= Net result1.5 mill
Balance sheet
Fixed assets393k
Current assets12.5 mill
= Total assets12.9 mill
Equity2.8 mill
Long-term debt6.8 mill
Short-term debt3.4 mill
= Total debt10.1 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
14.6%2.9%
Net margin
11.0%—
Return on assets
11.3%9.6%
Return on equity
52.5%—
Equity ratio
21.5%43.5%
Current ratio
3.731.57
Debt-to-equity
3.651.27

Based on 28 companies

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

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