SOILTECH AS
Sector unknown·STECH · Oslo Børs·Fiscal year to 31/12/2024
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
EU climate and energy policy
Regulation
DriverPositive impact: strengthens
“Going forward, I expect our international activities to increase, as we see tightening environmental regulations world-wide.”
Annual report 2024A · The company itself
DriverNegative impact: weakens
“While the Group has assessed its direct climate risk exposure as low, the industry faces increasing regulatory, operational, and market-driven challenges related to climate change. Stricter environmental regulations, evolving customer preferences, and potential shifts in investment patterns could indirectly impact Soiltech’s operations, market opportunities, and long-term growth prospects.”
Annual report 2024A · The company itself
Market
“With several large contracts already awarded in 2025, we are in an excellent position to continue growing our business and create value for our customers and shareholders. , CEO Board of Directors report 2024 Established in 2011, Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste at site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse.”
Annual report 2024A · The company itself
Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency
Circular economy and recycling
Regulation
StrategyPositive impact: strengthens
“Soiltech aims to be a market leader within sustainable and effective technologies.”
Annual report 2024A · The company itself
Market
“With several large contracts already awarded in 2025, we are in an excellent position to continue growing our business and create value for our customers and shareholders. , CEO Board of Directors report 2024 Established in 2011, Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste at site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse.”
Annual report 2024A · The company itself
Chains in: EU climate and energy policy strengthens
Labour and wages
Raw materials and inputs
InputNegative impact: weakens
“During 2024, the number of employees remained quite stable at 126, following a steep increase the year before. In 2025, we expect to continue recruiting, on the back of recently awarded contracts.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“We receive great feedback from our clients when it comes to our operational performance, thanks to our committed personnel on location and the onshore support team. This positive feedback is important for Soiltech as operational excellence is a key factor for our continued success.”
Annual report 2024A · The company itself
Agriculture and food production
End markets
Market
“With several large contracts already awarded in 2025, we are in an excellent position to continue growing our business and create value for our customers and shareholders. , CEO Board of Directors report 2024 Established in 2011, Soiltech is an innovative technology company specializing in the treatment, recycling and sustainable handling of contaminated water and solid waste at site. Our technologies enable cost savings and lower CO2 emissions through waste reduction, waste recovery and reuse.”
Annual report 2024A · The company itself
Chains in: Grain and agricultural commodities mixed effect, Climate change and extreme weather weakens, Grocery retail and private label weakens
Energy efficiency
Technology
StrategyPositive impact: strengthens
“Soiltech’s solutions contribute to reduced carbon emissions, in a world with growing energy demands.”
Annual report 2024A · The company itself
Chains in: Carbon tax and ETS prices strengthens, EU climate and energy policy strengthens
Natural gas
Raw materials and inputs
Market
“The agreement is concluded for a period of 5 years, with an initial estimated contract value of USD 10 million for an estimated duration of 18 months.”
Annual report 2024A · The company itself
Oil
Raw materials and inputs
DriverPositive impact: strengthens
“The success can be attributed to an increasing demand for the Group’s innovative and sustainable waste treatment technologies, as clients are looking for solutions to reduce their carbon emissions.”
Annual report 2024A · The company itself
Chains out: this strengthens Plastics and polymers
Interest rates
Macro
InputNegative impact: weakens
“In 2024 Soiltech entered a long-term loan facility with Rogaland Sparebank. The 7-year loan facility is MNOK 30 and comes in addition to the existing facility of MNOK 148.”
Annual report 2024A · The company itself
Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction
Cybersecurity (products and services)
Technology
DriverNegative impact: weakens
“IT and cyber risks include the Group’s IT and communication systems, procedures, ways of working, as well as technical barriers and controls.”
Annual report 2024A · The company itself
Chains in: Cyber attacks and IT security risk strengthens
Chains out: this strengthens Digitalisation
Denmark
Geography
Geography
“We will leverage our strong position in the North Sea to gain market shares globally.”
Annual report 2024A · The company itself
Europe
Geography
Geography
“The international operations’ share of our business remained quite stable at 24% of revenues compared to 27% in 2023. Going forward, I expect our international activities to increase, as we see tightening environmental regulations world-wide.”
Annual report 2024A · The company itself
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 0.27 bn NOK |
| Revenue growth vs. the year before, same method | 19.5 % |
| EBITDA reported by the company | 0.05 bn NOK |
| Net debt debt incl. leasing minus cash | 0.16 bn NOK |
| Diluted EPS per share | 95 NOK |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | ✓ |
| Growing | ✓ |
| Healthy balance sheet | ✗ |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (NOK), not converted to DKK. Quotes are shown as the company's own words in the report's original language.