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WESSELS1 AS
AS
Active
Org 922025304
Sandvikveien 18, 4016 Stavanger
Development of building projects · NACE 6812
Est. 2019
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 280K
-33% vs 2023
EBITDA margin
34.1%
+188% vs 2023
Equity ratio
5.0%
Financial strength
Net profit 2024
NOK 95K
+186% 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 280K
-33%
EBITDA
NOK 95K
+188%
Net profit
NOK 95K
+186%
Total assets
NOK 774K
+232%
Equity
NOK 39K
+169%
Employees
0
—
Company information
Legal name
WESSELS1 AS
Org number
922025304
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
8. januar 2019
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Kjøp, salg, utvikling, utleie og forvaltning av eiendom, samt hva herved står i forbindelse, herunder å eie i andre selskaper.
Contact
Address
Sandvikveien 18, 4016 Stavanger
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Explore
Companies in Development of building projects
Companies in Stavanger
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
363
307
445
420
280
Staff expenses
−0
−0
−0
−0
−10
EBITDA
−46
−61
8
−109
95
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−46
−61
8
−109
95
Net financials
−0
−0
−5
−2
0
Profit before tax
−46
−62
2
−111
95
Tax
−10
−14
1
0
−0
Net profit
−36
−48
2
−111
95
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
169
344
251
233
774
Equity
52
52
54
−57
39
Long-term debt
0
0
−1 411
−1 383
−1 358
Short-term debt
116
292
1 610
1 675
2 096
Total debt
116
292
199
293
738
Financial ratios
5-year trend
EBITDA margin
34.1%
This company
15.8%
Market median
+116% vs market
2020
2024
Equity ratio
5.0%
This company
38.2%
Market median
-87% vs market
2020
2024
Return on equity
245.4%
This company
18.4%
Market median
+1234% vs market
2020
2024
Net profit margin
34.1%
This company
8.1%
Market median
+321% vs market
2020
2024
Asset turnover
0.36×
This company
1.12×
Market median
-68% vs market
2020
2024
Debt / equity
18.91×
This company
0.62×
Market median
-2950% 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)
JO
Jan Olav Knudsen
Chief Executive Officer
Chief Executive Officer
2019
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
BE
Bente Elisabeth Baxter
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Wessels As
Company
100%
100%
2022
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Company hierarchy
As Verbum
Wessels As
WESSELS1 AS
(this company)
Board network connections
Board members of WESSELS1 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan Olav Knudsen
Chief Executive Officer
0 companies
Bente Elisabeth Baxter
Chairman
0 companies