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ROTEW WELDEMICHAEL AS
AS
Active
Org 916626312
Hauketoveien 9B, 1266 Oslo
Temporary employment agency activities and other human resource provisions · NACE 7820
Est. 2016
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 128K
-61% vs 2022
EBITDA margin
8.2%
-73% vs 2022
Equity ratio
85.2%
Financial strength
Net profit 2023
NOK 7K
-75% vs 2022
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
NOK 128K
-61%
EBITDA
NOK 10K
-73%
Net profit
NOK 7K
-75%
Total assets
NOK 283K
+17%
Equity
NOK 242K
+3%
Employees
1
—
Company information
Legal name
ROTEW WELDEMICHAEL AS
Org number
916626312
Legal form
Aksjeselskap
NACE code
7820 · Temporary employment agency activities and other human resource provisions
Founded
26. januar 2016
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Company purpose
Utleie av arbeidskraft.
Contact
Address
Hauketoveien 9B, 1266 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Temporary employment agency activities and other human resource provisions
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
166
233
174
326
128
Staff expenses
−0
0
−0
−95
−1
EBITDA
24
49
9
39
10
Depreciation & amort.
−0
−0
−0
−9
−0
EBIT
24
49
9
30
10
Net financials
2
3
2
3
1
Profit before tax
26
53
10
33
11
Tax
8
12
3
4
4
Net profit
18
41
8
29
7
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
267
295
311
242
283
Equity
156
197
205
234
242
Long-term debt
4
1
3
7
5
Short-term debt
108
96
103
0
37
Total debt
111
97
106
7
42
Financial ratios
5-year trend
EBITDA margin
8.2%
This company
15.8%
Market median
-48% vs market
2019
2023
Equity ratio
85.2%
This company
38.2%
Market median
+123% vs market
2019
2023
Return on equity
3.0%
This company
18.4%
Market median
-84% vs market
2019
2023
Net profit margin
5.7%
This company
8.1%
Market median
-30% vs market
2019
2023
Asset turnover
0.45×
This company
1.12×
Market median
-60% vs market
2019
2023
Debt / equity
0.17×
This company
0.62×
Market median
+73% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AI
Ahmed Ismail Abd Elhamid Abd Alla
Chief Executive Officer
Chief Executive Officer
2025
Former (1)
RW
Rob Weldemichael
Chief Executive Officer
Chief Executive Officer
2024 – 2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
HG
Hosain Gylam Hasan
Board of Directors
2025
Former (1)
SÅ
Stein Åge Ørstavik
Chairman
2016 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Focus Business Services As
Company
100%
100%
2024
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
Flyvefiskens Eftf. As
Focus Business Services As
ROTEW WELDEMICHAEL AS
(this company)
DARLING'S X-PRESS AS
Board network connections
Board members of ROTEW WELDEMICHAEL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Rob Weldemichael
Chief Executive Officer
0 companies
Ahmed Ismail Abd Elhamid Abd Alla
Chief Executive Officer
0 companies
Hosain Gylam Hasan
Board of Directors
0 companies
Stein Åge Ørstavik
Chairman
0 companies