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VENETO AS
AS
Active
Org 824549192
Ulvøygata 18D, 5537 Haugesund
Wholesale of household, office and shop furniture, carpets and lighting equipment · NACE 4647
Est. 2020
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8M
-19% vs 2023
EBITDA margin
10.6%
-24% vs 2023
Equity ratio
68.0%
Financial strength
Net profit 2024
NOK 623K
-19% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 8M
-19%
EBITDA
NOK 850K
-24%
Net profit
NOK 623K
-19%
Total assets
NOK 3,9M
+36%
Equity
NOK 2,7M
+30%
Employees
1
—
Company information
Legal name
VENETO AS
Org number
824549192
Legal form
Aksjeselskap
NACE code
4647 · Wholesale of household, office and shop furniture, carpets and lighting equipment
Founded
5. februar 2020
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Agenturhandel med møbler og produkter som naturlig hører til. Salg av konsulenttjenester.
Contact
Address
Ulvøygata 18D, 5537 Haugesund
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Explore
Companies in Wholesale of household, office and shop furniture, carpets and lighting equipment
Companies in Haugesund
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
4M
2020
7M
2021
8M
2022
10M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 182
7 107
8 246
9 861
7 994
Staff expenses
−714
−1 127
−1 397
−1 414
−1 270
EBITDA
597
798
703
1 119
850
Depreciation & amort.
−36
−106
−93
−65
−52
EBIT
561
691
610
1 055
798
Net financials
−47
−24
−20
−61
2
Profit before tax
515
667
590
994
801
Tax
113
147
130
220
177
Net profit
401
520
459
774
623
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 651
2 229
3 168
2 899
3 950
Equity
318
828
1 287
2 061
2 685
Long-term debt
542
432
323
14
11
Short-term debt
791
969
1 558
824
1 254
Total debt
1 333
1 401
1 881
838
1 265
Financial ratios
5-year trend
EBITDA margin
10.6%
This company
15.8%
Market median
-33% vs market
2020
2024
Equity ratio
68.0%
This company
38.2%
Market median
+78% vs market
2020
2024
Return on equity
23.2%
This company
18.4%
Market median
+26% vs market
2020
2024
Net profit margin
7.8%
This company
8.1%
Market median
-4% vs market
2020
2024
Asset turnover
2.02×
This company
1.12×
Market median
+80% vs market
2020
2024
Debt / equity
0.47×
This company
0.62×
Market median
+24% 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 2020-01-28 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
TB
Thor Brandt
Chief Executive Officer
Chief Executive Officer
2020
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
T. Brandt Holding As
Company
100.0%
100.0%
2022
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Company hierarchy
T. Brandt Holding As
VENETO AS
(this company)
Board network connections
Board members of VENETO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Thor Brandt
Chief Executive Officer
0 companies