Revac Data Security AS
ASDissolvedOrg 920885012Haukeveien 11, 3174 RevetalForvaltning og drift av IT-systemer· NACE 62030Est. 2018 · 8 years old0 employeeshttps://www.revac.no
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Overview
Revac Data Security AS is a Norwegian AS based in Revetal, operating in the Forvaltning og drift av IT-systemer sector. Incorporated in 2018, the company has 0 employees and reported revenue of NOK 50.3m in its latest annual filing.
Revenue 2020
50.3M NOK
+23% vs 2019
EBITDA margin
42.8 %
+106% vs 2019
Net profit 2020
16.6M NOK
+108% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
58.6 %
AverageAround the average of companies in the same industry
20182020
Liquidity ratioCurrent assets ÷ Short-term debt
2.4×
StrongAmong the 40% highest rated companies in the industry
20182020
Return on assets (ROA)Net profit ÷ Total assets × 100
101.4 %
Very strongAmong the 10% highest rated companies in the industry
20182020
EBITDA — year on year
NOK millionsKey figures
Annual report 2020| Revenue | 50.3M NOK | +23% |
| EBITDA | 21.5M NOK | +106% |
| Net profit | 16.6M NOK | +108% |
| Total assets | 16.4M NOK | +18% |
| Equity | 9.6M NOK | -4% |
| Employees | 0 | — |
Company information
Legal name
REVAC DATA SECURITY AS
Org number
920885012
Legal form
Aksjeselskap
NACE code
Founded
10 April 2018 · 8 years
Share capital
NOK 500,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Sikkerhetstjenester innenfor sletting, destruksjon av data og lagringsmedier. Kjøp og salg av it og telecomutstyr. Samt tjenester som dertil naturlig tilhører.
(no translation available)
Contact
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Financial development
In its most recent annual report (2020), Revac Data Security AS reported revenue of NOK 50.3m, an increase of 23% on the year before. The figures on this page draw on 3 annual filings covering 2018 to 2020. The bottom line showed a net profit of NOK 16.6m, and the EBITDA margin stood at 42.8%.
At the end of 2020, equity financed 58.6% of the balance sheet, and current assets covered short-term debt 2.4 times.
Financials
Revenue
NOK millionsEBITDA
NOK millionsIncome statement
NOK thousands| Item | 2020 | 2019 | 2018 |
|---|---|---|---|
| Revenue | 50,300 | 40,962 | 17,671 |
| Staff expenses | -4,749 | -3,370 | -1,005 |
| EBITDA | 21,513 | 10,450 | 1,831 |
| Depreciation & amort. | -74 | -64 | -2 |
| EBIT | 21,439 | 10,386 | 1,829 |
| Net financials | -104 | -116 | 89 |
| Profit before tax | 21,335 | 10,270 | 1,919 |
| Tax | 4,697 | 2,260 | 442 |
| Net profit | 16,639 | 8,010 | 1,477 |
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Balance sheet
NOK thousands| Item | 2020 | 2019 | 2018 |
|---|---|---|---|
| Total assets | 16,415 | 13,953 | 5,677 |
| Equity | 9,626 | 9,987 | 1,977 |
| Long-term debt | 0 | 2 | 3 |
| Short-term debt | 6,790 | 3,964 | 3,697 |
| Total debt | 6,790 | 3,966 | 3,701 |
Financial ratios
5-year trendEBITDA margin
42.8 %
20182020
Equity ratio
58.6 %
AverageAround the average of companies in the same industry
20182020
Return on equity
172.9 %
Very strongAmong the 10% highest rated companies in the industry
20182020
Net profit margin
33.1 %
Very strongAmong the 20% highest rated companies in the industry
20182020
Asset turnover
3.06×
Very strongAmong the 20% highest rated companies in the industry
20182020
Debt / equity
0.71×
AverageAround the average of companies in the same industry
20182020
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest 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 strong
Among the 20% highest 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 strong
Among the 20% highest 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)Very strong
Among the 10% highest 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)Very strong
Among the 10% highest 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)Very strong
Among the 10% highest 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)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 10% highest 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 ratioStrong
Among the 40% highest 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 ratioStrong
Among the 40% highest 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityWeak
Among the 40% lowest 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 capitalStrong
Among the 40% highest 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 strong
Among the 20% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery strong
Among the 10% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 10% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest 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 marginVery strong
Among the 10% highest 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 turnoverVery strong
Among the 20% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverWeak
Among the 40% lowest rated companies in the industry
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.
Equity to contributed capitalStrong
Among the 30% 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 equityWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
PH Chief Executive Officer | Chief Executive Officer | 2018 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
AA Chairman | Chairman | 2018 |
GH Board of Directors | Board of Directors | 2018 |
PH Board of Directors | Board of Directors | 2018 |
FH Board of Directors | Board of Directors | 2018 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 60% | 60% | 2020 | |
| Company | 40% | 40% | 2020 |
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Company hierarchy
Revac As
Revac Data Security AS Board network connections
Board members of Revac Data Security AS also hold positions in 58 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Anders Aas | Chairman | 24 companiesMany roles |
| Frank Holm | Board of Directors | 17 companiesMany roles |
| Pål Holtan Leskovsky | Chief Executive Officer | 13 companiesMany roles |
| Glenn Hansen | Board of Directors | 4 companies |
Frequently asked questions
What is the Org number of Revac Data Security AS?
Revac Data Security AS is registered with Brønnøysundsregistrene under Org 920885012.
What is the revenue of Revac Data Security AS?
Revac Data Security AS reported revenue of NOK 50.3m in 2020.
Who is the CEO of Revac Data Security AS?
Pål Holtan Leskovsky is the CEO of Revac Data Security AS.
Who is the chairman of Revac Data Security AS?
Anders Aas chairs the board of Revac Data Security AS.
Where is Revac Data Security AS headquartered?
Revac Data Security AS's registered address is Haukeveien 11.