Pancom AS
ASActiveOrg 913644573Skomværgata 7, 3921 PorsgrunnNon-specialised wholesale trade· NACE 4690Est. 2014 · 12 years old1-4 employeeshttps://pancom.no
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Overview
Pancom AS is a Norwegian AS based in Porsgrunn, operating in the Non-specialised wholesale trade sector. Incorporated in 2014, the company reported revenue of NOK 4.7m in its latest annual filing.
Revenue 2025
4.7M NOK
−10% vs 2024
EBITDA margin
−158.1 %
+10% vs 2024
Net profit 2025
-23.7M NOK
-167% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
70.3 %
StrongAmong the 30% highest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.5×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-5.8 %
WeakAmong the 30% lowest rated companies in the industry
20212025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 4.7M NOK | -10% |
| EBITDA | -7.4M NOK | +10% |
| Net profit | -23.7M NOK | -167% |
| Total assets | 412.6M NOK | +10% |
| Equity | 290.1M NOK | +2% |
| Employees | — | — |
Company information
Legal name
PANCOM AS
Org number
913644573
Legal form
Aksjeselskap
NACE code
Founded
1 April 2014 · 12 years
Share capital
NOK 3,719,275
Employees
1-4
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Kjøp og salg av selskaper, eiendommer og kapitalvare
(no translation available)
Contact
Address
Skomværgata 7, 3921 Porsgrunn
Phone
+47 40 60 55 25
Email
yngve@pancom.no
Website
https://pancom.no
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Financial development
In its most recent annual report (2025), Pancom AS reported revenue of NOK 4.7m, a decrease of 10% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of NOK 23.7m, and the EBITDA margin stood at -158.1%.
At the end of 2025, equity financed 70.3% of the balance sheet, and current assets covered short-term debt 0.5 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 4,677 | 5,204 | 8,473 | 5,928 | 5,438 |
| Staff expenses | -7,911 | -8,044 | -10,235 | -7,373 | -3,657 |
| EBITDA | -7,392 | -8,231 | -8,078 | -6,110 | -2,306 |
| Depreciation & amort. | -573 | -425 | -944 | -856 | -666 |
| EBIT | -7,965 | -8,656 | -9,022 | -6,966 | -2,972 |
| Net financials | -16,280 | -1,115 | 25,463 | 11,022 | 27,673 |
| Profit before tax | -24,245 | -9,771 | 16,441 | 4,056 | 24,701 |
| Tax | -497 | -862 | -788 | -852 | -284 |
| Net profit | -23,748 | -8,909 | 17,229 | 4,908 | 24,985 |
Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 412,642 | 376,706 | 386,283 | 291,664 | 339,026 |
| Equity | 290,087 | 283,837 | 252,746 | 240,517 | 210,609 |
| Long-term debt | 20,201 | 20,377 | 25,378 | 29,220 | 40,583 |
| Short-term debt | 102,354 | 72,492 | 108,160 | 21,926 | 87,835 |
| Total debt | 122,555 | 92,869 | 133,538 | 51,146 | 128,417 |
Financial ratios
5-year trendEBITDA margin
-158.1 %
20212025
Equity ratio
70.3 %
StrongAmong the 30% highest rated companies in the industry
20212025
Return on equity
-8.2 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Net profit margin
-507.8 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Asset turnover
0.01×
WeakAmong the 30% lowest rated companies in the industry
20212025
Debt / equity
0.42×
StrongAmong the 30% highest rated companies in the industry
20212025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 20% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery weak
Among the 10% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery weak
Among the 10% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Weak
Among the 30% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Weak
Among the 40% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 10% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 20% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 20% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 30% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 30% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 40% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery weak
Among the 20% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 10% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery strong
Among the 10% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
FK Chief Executive Officer | Chief Executive Officer | 2018 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
AA Chairman | Chairman | 2021 |
ØB Board of Directors | Board of Directors | 2022 |
SH Board of Directors | Board of Directors | 2021 |
FG Board of Directors | Board of Directors | 2021 |
AL Board of Directors | Board of Directors | 2021 |
FK Board of Directors | Board of Directors | 2021 |
Former (2)
OR Board of Directors | Board of Directors | 2021 – 2022 |
TA Board of Directors | Board of Directors | 2021 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 57.25% | 57.25% | 2025 | |
| Company | 12.96% | 12.96% | 2025 | |
| Company | 11.21% | 11.21% | 2025 | |
| Company | 9.21% | 9.21% | 2025 | |
| Company | 7.69% | 7.69% | 2025 | |
| Company | 5.35% | 5.35% | 2023 | |
| Company | 25.12% | 25.12% | 2022 |
Related companies
Company hierarchy
Leoma As57.2548%Pa-Co Holding As11.2114%Norlandia Eiendom As12.9619%Icon Invest As9.2053%Mios Investering As5.35%Olada Invest As25.12%
Pancom AS (this company)Heimgard As37.15% ownedFrednes Iv Utbygging As75% ownedPans Veg Utbygging AS33.3333% ownedNustad Bolig AS50% ownedUvdal Apartments AS50% ownedNedre Lunde Utbygging As66.6667% ownedFrednes Iii Utbygging As50% ownedHovholt Gård Utbygging AS50% ownedStomperudveien Utbygging AS100% ownedStokke Utbygging AS25% ownedJernverkstomta Utbygging AS49% ownedKirketjernet Utvikling AS33.3% ownedPorsgrunn Mek Holding As50% ownedRaveien Utbygging AS100% ownedEidanger Boligutvikling AS50% ownedTrosvik Utbygging As100% ownedOlavsgate Utbygging As50% ownedPbbl Bolig As49% ownedTollnes Utbygging AS50% ownedGjerpensgate 15 Boligutvikling As33.3333% ownedNenset Utbygging AS66% ownedSmietangen Utbygging AS50% ownedNordbø Utbygging AS33% ownedVestfossen Holdco As50% ownedPorsgrunn Bolig As100% ownedNybuåsen Tomteselskap As100% ownedHolmestrand Bolig AS100% ownedHeimgard Vågsbygd As100% ownedBrattås Utbygging AS50% ownedLimi Utbygging As49% ownedBølevegen Utbygging AS33.3333% ownedSalen Bolig AS50% ownedSundby Bolig AS33% ownedPancom Property As100% ownedSkomvær Næring AS100% ownedRP Seksjon 6 AS100% ownedTangvall Næring AS51% ownedDøvikveien 22 AS100% ownedLangmyra 2 AS50% ownedBjørkøya Hytter AS50% ownedNordre Kullerød 21A AS100% ownedNordre Kullerød 10 As50% ownedGrenland Development As100% ownedVipeveien 43 AS100% ownedNordre Kullerød 21B AS100% ownedPancom Utvikling As100% ownedRisør Utvikling AS50% ownedRP Seksjon 5 AS100% ownedMælagata 58 AS100% ownedNansetgata 95 AS100% ownedBjønnveien Næringspark AS51% ownedRødmyr Panorama As50% ownedHorten Hotell Eiendom AS50% ownedStathelle Legesenter Eiendom AS100% ownedMoheim Næringspark As50% ownedLangmyra Holding As50% ownedPancom Management As100% ownedMaxbo Tekniske Tjenester AS50% ownedWergeland Grafisk As40% ownedSkien Bobilhotell AS100% ownedAmundsen Ventilasjon Holding As51% ownedHaneseth El-Installasjon AS24.5% ownedTruck & Marine Service AS35% ownedEntreprenørfinans As83.5802% ownedArt Pancom Invest As50% ownedPancom Oygarden Bolig As50% ownedBoard network connections
Board members of Pancom AS also hold positions in 380 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Frederic Kristoffersen | Chief Executive Officer | 148 companiesMany roles |
| Arve Andersson | Chairman | 47 companiesMany roles |
| Tobias Amundsen | Board of Directors | 46 companiesMany roles |
| Anne Lise Meyer | Board of Directors | 44 companiesMany roles |
| Øystein Bårvåg Grini | Board of Directors | 39 companiesMany roles |
| Ole-Andre Risnes | Board of Directors | 27 companiesMany roles |
| Fred-Arne Gade | Board of Directors | 27 companiesMany roles |
| Stian Hvalen Brekke | Board of Directors | 2 companies |
Frequently asked questions
What is the Org number of Pancom AS?
Pancom AS is registered with Brønnøysundsregistrene under Org 913644573.
What is the revenue of Pancom AS?
Pancom AS reported revenue of NOK 4.7m in 2025.
Who is the CEO of Pancom AS?
Frederic Kristoffersen is the CEO of Pancom AS, in role since 2018.
Who is the chairman of Pancom AS?
Arve Andersson chairs the board of Pancom AS, in role since 2021.
Where is Pancom AS headquartered?
Pancom AS's registered address is Skomværgata 7.