Pipequip AS

ASActive

Org 985564701Austbøsletta 6, 4085 HundvågWholesale of mining, construction and civil engineering machinery· NACE 4663Est. 2003 · 23 years old1-4 employeeshttps://www.pipequip.no

Overview

Pipequip AS is a Norwegian AS based in Hundvåg, operating in the Wholesale of mining, construction and civil engineering machinery sector. Incorporated in 2003, the company reported revenue of NOK 31.4m in its latest annual filing.

Revenue 2025

31.4M NOK

+25% vs 2024

EBITDA margin

1.3 %

+97% vs 2024

Net profit 2025

0.5M NOK

+82% vs 2024

Key ratios

See full ratios →

39.7 %

Average

Around the average of companies in the same industry

20212025

1.7×

Average

Around the average of companies in the same industry

20212025

5.9 %

Strong

Among the 40% highest rated companies in the industry

20212025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	31.4M NOK	+25%
EBITDA	0.4M NOK	+97%
Net profit	0.5M NOK	+82%
Total assets	7.7M NOK	+3%
Equity	3.1M NOK	+17%
Employees	—	—

Contact

Address

Austbøsletta 6, 4085 Hundvåg

Phone

+47 91 13 31 57

post@pipequip.no

Website

https://www.pipequip.no

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Financial development

In its most recent annual report (2025), Pipequip AS reported revenue of NOK 31.4m, an increase of 25% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 456.0k, and the EBITDA margin stood at 1.3%.

At the end of 2025, equity financed 39.7% of the balance sheet, and current assets covered short-term debt 1.7 times.

Financials

Revenue

NOK millions

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024	2023	2022	2021
Revenue	31,369	25,096	29,622	19,200	18,835
Staff expenses	-5,036	-4,319	-3,872	-3,060	-2,925
EBITDA	399	203	332	208	214
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	399	203	332	208	214
Net financials	216	137	19	28	4
Profit before tax	616	340	351	236	218
Tax	160	90	92	72	61
Net profit	456	250	259	164	157

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Balance sheet

NOK thousands

Item	2025	2024	2023	2022	2021
Total assets	7,722	7,517	7,782	6,468	5,376
Equity	3,068	2,612	2,362	2,103	1,939
Long-term debt	0	0	0	0	0
Short-term debt	4,654	4,905	5,420	4,365	3,437
Total debt	4,654	4,905	5,420	4,365	3,437

Financial ratios

5-year trend

EBITDA margin

1.3 %

20212025

Equity ratio

39.7 %

Average

Around the average of companies in the same industry

20212025

Return on equity

14.9 %

Average

Around the average of companies in the same industry

20212025

Net profit margin

1.5 %

Average

Around the average of companies in the same industry

20212025

Asset turnover

4.06×

Very strong

Among the 20% highest rated companies in the industry

20212025

Debt / equity

1.52×

Average

Around the average of companies in the same industry

20212025

Sector performance

27 of 28 ratios graded

28 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 marginAverage

Around the average of companies in the same 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 marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% 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)Average

Around the average of companies in the same 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)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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.

Cash conversion ratioWeak

Among the 30% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

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 debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 40% 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 turnoverVery weak

Among the 10% 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 equityStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Pipequip AS?

Pipequip AS is registered with Brønnøysundsregistrene under Org 985564701.

What is the revenue of Pipequip AS?

Pipequip AS reported revenue of NOK 31.4m in 2025.

Where is Pipequip AS headquartered?

Pipequip AS's registered address is Austbøsletta 6.