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WATERFEED AS
AS
Active
Org 815465482
Rasmus Rønnebergs Gate 21, 6002 Ålesund
Rørleggerarbeid · NACE 43221
Est. 2015
0 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 163K
+120% vs 2023
EBITDA margin
8.9%
+287% vs 2023
Equity ratio
86.7%
Financial strength
Net profit 2024
NOK 13K
+268% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 163K
+120%
EBITDA
NOK 15K
+287%
Net profit
NOK 13K
+268%
Total assets
NOK 89K
+17%
Equity
NOK 77K
+21%
Employees
0
—
Company information
Legal name
WATERFEED AS
Org number
815465482
Legal form
Aksjeselskap
NACE code
43221 · Rørleggerarbeid
Founded
1. juni 2015
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Utvikle vannsystem
Contact
Address
Rasmus Rønnebergs Gate 21, 6002 Ålesund
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Companies in Rørleggerarbeid
Companies in Ålesund
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
32
106
219
74
163
Staff expenses
−0
−0
−0
−0
−0
EBITDA
20
6
16
−8
15
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
20
6
16
−8
15
Net financials
−0
0
0
−0
0
Profit before tax
20
6
16
−8
15
Tax
4
1
3
−0
1
Net profit
16
5
12
−8
13
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
72
153
145
76
89
Equity
55
59
72
64
77
Long-term debt
0
0
0
0
0
Short-term debt
17
93
73
12
12
Total debt
17
93
73
12
12
Financial ratios
5-year trend
EBITDA margin
8.9%
This company
15.8%
Market median
-44% vs market
2020
2024
Equity ratio
86.7%
This company
38.2%
Market median
+127% vs market
2020
2024
Return on equity
17.0%
This company
18.4%
Market median
+8% vs market
2020
2024
Net profit margin
8.0%
This company
8.1%
Market median
-1% vs market
2020
2024
Asset turnover
1.83×
This company
1.12×
Market median
+63% vs market
2020
2024
Debt / equity
0.15×
This company
0.62×
Market median
+76% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
SA
Stian Andre Rønnestad
Chief Executive Officer
Chief Executive Officer
2015
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
NP
Nils Per Sjåstad
Chairman
2015
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of WATERFEED AS also hold positions in
0
other companies.
Person
Role here
Other companies
Stian Andre Rønnestad
Chief Executive Officer
0 companies
Nils Per Sjåstad
Chairman
0 companies