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SAASTAD AS
AS
Active
Org 865134592
Breidablikkbakken 28, 3910 Porsgrunn
Service activities incidental to water transportation · NACE 5222
Est. 1992
3 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,1M
-47% vs 2023
EBITDA margin
17.3%
-73% vs 2023
Equity ratio
34.9%
Financial strength
Net profit 2024
NOK -400K
-124% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
3M
2020
3M
0%
2021
3M
0%
2022
4M
+33%
2023
1M
-75%
2024
Key figures
Annual report 2024
Revenue
NOK 6,1M
-47%
EBITDA
NOK 1,1M
-73%
Net profit
NOK -400K
-124%
Total assets
NOK 13,4M
-3%
Equity
NOK 4,7M
-11%
Employees
3
—
Company information
Legal name
SAASTAD AS
Org number
865134592
Legal form
Aksjeselskap
NACE code
5222 · Service activities incidental to water transportation
Founded
18. oktober 1992
Share capital
NOK 150 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Breidablikkbakken 28, 3910 Porsgrunn
Risika for professionals
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Explore
Companies in Service activities incidental to water transportation
Companies in Porsgrunn
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
13M
7M
2020
10M
2021
8M
2022
11M
2023
6M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
3M
2020
3M
2021
3M
2022
4M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 685
9 738
8 461
11 412
6 082
Staff expenses
−0
−2 095
−927
−1 153
−837
EBITDA
3 229
2 600
3 107
3 961
1 053
Depreciation & amort.
−517
−1 054
−590
−961
−950
EBIT
2 712
1 546
2 517
3 001
103
Net financials
−188
−356
−690
−824
−611
Profit before tax
2 524
1 190
1 827
2 177
−509
Tax
579
267
488
493
−109
Net profit
1 946
924
1 339
1 683
−400
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
10 206
13 199
13 330
13 812
13 434
Equity
3 740
4 664
3 553
5 236
4 687
Long-term debt
3 643
3 448
4 600
3 742
3 271
Short-term debt
2 822
5 088
5 177
4 834
5 477
Total debt
6 465
8 535
9 777
8 576
8 748
Financial ratios
5-year trend
EBITDA margin
17.3%
This company
15.8%
Market median
+9% vs market
2020
2024
Equity ratio
34.9%
This company
38.2%
Market median
+9% vs market
2020
2024
Return on equity
-8.5%
This company
18.4%
Market median
-146% vs market
2020
2024
Net profit margin
-6.6%
This company
8.1%
Market median
-181% vs market
2020
2024
Asset turnover
0.45×
This company
1.12×
Market median
-60% vs market
2020
2024
Debt / equity
1.87×
This company
0.62×
Market median
-202% 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)
ØS
Øyvind Saastad
Deputy Member
Deputy Member
1994
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
ES
Espen Saastad
Chairman
1994
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.
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Company hierarchy
SAASTAD AS
(this company)
SAASTAD EIENDOM AS
NORWEGIAN WATCH COMPANY AS
TRENCHING AS
Ø Saastad Ur-Optikk As
Board network connections
Board members of SAASTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øyvind Saastad
Deputy Member
0 companies
Espen Saastad
Chairman
0 companies