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GECO AS
AS
Active
Org 926083767
Floten 22, 6893 Vik I Sogn
Retail sale of automotive fuel · NACE 4730
Est. 2020
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 11,8M
+439% vs 2023
EBITDA margin
6.3%
+289% vs 2023
Equity ratio
24.9%
Financial strength
Net profit 2024
NOK 370K
+358% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 11,8M
+439%
EBITDA
NOK 738K
+289%
Net profit
NOK 370K
+358%
Total assets
NOK 4,8M
+17%
Equity
NOK 1,2M
+44%
Employees
0
—
Company information
Legal name
GECO AS
Org number
926083767
Legal form
Aksjeselskap
NACE code
4730 · Retail sale of automotive fuel
Founded
2. desember 2020
Share capital
NOK 60 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Investering i og utleige av fast eigedom.
Contact
Address
Floten 22, 6893 Vik I Sogn
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Companies in Retail sale of automotive fuel
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Revenue
NOK millions
0M
3M
7M
10M
14M
0M
2020
0M
2021
0M
2022
2M
2023
12M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
0
0
70
2 188
11 795
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−0
−0
40
190
738
Depreciation & amort.
−0
−0
−22
−42
−244
EBIT
−0
−0
19
148
494
Net financials
44
56
2
−65
−30
Profit before tax
44
55
20
83
464
Tax
−1
0
−7
2
94
Net profit
45
55
28
81
370
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 323
1 318
1 605
4 138
4 831
Equity
70
125
153
833
1 203
Long-term debt
1 254
1 194
1 425
3 115
3 233
Short-term debt
0
0
27
190
395
Total debt
1 254
1 194
1 453
3 305
3 628
Financial ratios
5-year trend
EBITDA margin
6.3%
This company
15.8%
Market median
-60% vs market
2020
2024
Equity ratio
24.9%
This company
38.2%
Market median
-35% vs market
2020
2024
Return on equity
30.7%
This company
18.4%
Market median
+67% vs market
2020
2024
Net profit margin
3.1%
This company
8.1%
Market median
-62% vs market
2020
2024
Asset turnover
2.44×
This company
1.12×
Market median
+118% vs market
2020
2024
Debt / equity
3.02×
This company
0.62×
Market median
-387% 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)
GE
Grunde Engan
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
No data on file.
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.
Learn more
.
Company hierarchy
GECO AS
(this company)
AS VIK TREVARE
Board network connections
Board members of GECO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Grunde Engan
Chief Executive Officer
0 companies