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VELO CITY AS
AS
Active
Org 913406753
Lysaker Torg 15, 1366 Lysaker
Retail sale of sporting equipment · NACE 4763
Est. 2014
14 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 15,9M
-9% vs 2023
EBITDA margin
-5.0%
-35% vs 2023
Equity ratio
-9.4%
Financial strength
Net profit 2024
NOK -802K
-35% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
1M
2020
1M
0%
2021
1M
0%
2022
-1M
-200%
2023
-1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 15,9M
-9%
EBITDA
NOK -788K
-35%
Net profit
NOK -802K
-35%
Total assets
NOK 6M
-19%
Equity
NOK -563K
-140%
Employees
14
—
Company information
Legal name
VELO CITY AS
Org number
913406753
Legal form
Aksjeselskap
NACE code
4763 · Retail sale of sporting equipment
Founded
25. mars 2014
Share capital
NOK 1 000 000
Employees
14 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Butikkhandel med sportsutstyr og vedlikehold av sportsutstyr, samt alt som hører naturlig med til dette.
Contact
Address
Lysaker Torg 15, 1366 Lysaker
Phone
+4792250074
Email
post@velo-city.no
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Companies in Retail sale of sporting equipment
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Revenue
NOK millions
0M
5M
10M
16M
21M
14M
2020
14M
2021
17M
2022
18M
2023
16M
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
13 730
13 745
16 854
17 527
15 907
Staff expenses
−2 675
−2 499
−3 168
−3 766
−3 669
EBITDA
1 126
1 439
1 131
−585
−788
Depreciation & amort.
−24
−11
−6
−12
−16
EBIT
1 102
1 427
1 125
−597
−804
Net financials
−85
0
0
2
2
Profit before tax
1 016
1 428
1 125
−594
−802
Tax
−0
−0
1
−0
−0
Net profit
1 016
1 428
1 124
−594
−802
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 830
4 035
5 236
7 425
6 013
Equity
−543
885
2 008
1 414
−563
Long-term debt
0
0
0
0
0
Short-term debt
4 373
3 150
3 227
6 011
6 576
Total debt
4 373
3 150
3 227
6 011
6 576
Financial ratios
5-year trend
EBITDA margin
-5.0%
This company
15.8%
Market median
-132% vs market
2020
2024
Equity ratio
-9.4%
This company
38.2%
Market median
-125% vs market
2020
2024
Return on equity
-80237300.0%
This company
18.4%
Market median
-436072383% vs market
2020
2024
Net profit margin
-5.0%
This company
8.1%
Market median
-162% vs market
2020
2024
Asset turnover
2.65×
This company
1.12×
Market median
+137% vs market
2020
2024
Debt / equity
11.67×
This company
0.62×
Market median
-1782% 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)
AK
Anders Kvernberg Bøhn
Chief Executive Officer
Chief Executive Officer
2014
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Noricon As
Company
21.5%
21.5%
2024
Alexios Gidas
Individual
13.5%
13.5%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of VELO CITY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Anders Kvernberg Bøhn
Chief Executive Officer
0 companies