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GULLSMED FRANK HELLMAN AS
AS
Active
Org 926057537
Strøket 5, 1383 Asker
Retail sale of watches and jewellery · NACE 4777
Est. 1980
17 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 21,6M
+6% vs 2023
EBITDA margin
9.0%
+50% vs 2023
Equity ratio
38.5%
Financial strength
Net profit 2024
NOK 1,5M
+48% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
2M
2020
3M
+50%
2021
1M
-67%
2022
1M
0%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 21,6M
+6%
EBITDA
NOK 2M
+50%
Net profit
NOK 1,5M
+48%
Total assets
NOK 11,6M
+7%
Equity
NOK 4,5M
+2%
Employees
17
—
Company information
Legal name
GULLSMED FRANK HELLMAN AS
Org number
926057537
Legal form
Aksjeselskap
NACE code
4777 · Retail sale of watches and jewellery
Founded
29. april 1980
Share capital
—
Employees
17 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Strøket 5, 1383 Asker
Phone
+4766780100
Email
post@hellman.no
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Companies in Retail sale of watches and jewellery
Companies in Asker
All Norway companies
Revenue
NOK millions
0M
6M
13M
19M
25M
19M
2020
18M
2021
21M
2022
20M
2023
22M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
2M
2020
3M
2021
1M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
18 896
18 421
20 969
20 407
21 614
Staff expenses
−3 681
−4 312
−4 920
−4 401
−4 811
EBITDA
2 345
2 556
1 166
1 300
1 954
Depreciation & amort.
−46
−50
−56
−15
−11
EBIT
2 299
2 506
1 110
1 285
1 943
Net financials
32
−55
−14
−15
−57
Profit before tax
2 330
2 451
1 096
1 270
1 886
Tax
513
539
246
281
418
Net profit
1 818
1 911
850
989
1 468
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 925
10 084
9 680
10 879
11 614
Equity
4 373
4 384
4 394
4 403
4 471
Long-term debt
187
0
0
0
0
Short-term debt
5 365
5 700
5 286
6 476
7 143
Total debt
5 552
5 700
5 286
6 476
7 143
Financial ratios
5-year trend
EBITDA margin
9.0%
This company
15.8%
Market median
-43% vs market
2020
2024
Equity ratio
38.5%
This company
38.2%
Market median
+1% vs market
2020
2024
Return on equity
32.8%
This company
18.4%
Market median
+78% vs market
2020
2024
Net profit margin
6.8%
This company
8.1%
Market median
-16% vs market
2020
2024
Asset turnover
1.86×
This company
1.12×
Market median
+66% vs market
2020
2024
Debt / equity
1.60×
This company
0.62×
Market median
-158% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
LH
Lars Hellman
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Lars H Holding As
Company
94%
94%
2024
Christopher Hellman
Individual
2%
2%
2024
Patrick Gandolfi Hellman
Individual
2%
2%
2024
Unknown
Individual
2%
2%
2022
Alexandra Gandolfi Hellman
Individual
2%
2%
2024
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Company hierarchy
Lars H Holding As
GULLSMED FRANK HELLMAN AS
(this company)
Board network connections
Board members of GULLSMED FRANK HELLMAN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lars Hellman
Chairman
0 companies