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ALGETA AS
AS
In liquidation
Org 927866153
Hesteskoen 10A, 1408 Kråkstad
Development of building projects · NACE 6812
Est. 2021
6 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8,4M
+615% vs 2023
EBITDA margin
9.9%
+445% vs 2023
Equity ratio
21.9%
Financial strength
Net profit 2024
NOK 571K
+434% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 8,4M
+615%
EBITDA
NOK 829K
+445%
Net profit
NOK 571K
+434%
Total assets
NOK 3,3M
+68%
Equity
NOK 719K
+388%
Employees
6
—
Company information
Legal name
ALGETA AS
Org number
927866153
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
4. oktober 2021
Share capital
NOK 30 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Maskinentreprenørvirksomhet og virksomhet som står i forbindelse med dette.
Contact
Address
Hesteskoen 10A, 1408 Kråkstad
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Companies in Development of building projects
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All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
0M
2022
1M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
70
1 175
8 405
Staff expenses
−0
−373
−2 024
EBITDA
24
152
829
Depreciation & amort.
−0
−12
−65
EBIT
24
140
764
Net financials
0
−1
−29
Profit before tax
24
139
735
Tax
3
32
163
Net profit
21
107
571
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
73
1 962
3 288
Equity
41
147
719
Long-term debt
0
256
122
Short-term debt
32
1 558
2 447
Total debt
32
1 815
2 569
Financial ratios
5-year trend
EBITDA margin
9.9%
This company
15.8%
Market median
-37% vs market
2022
2024
Equity ratio
21.9%
This company
38.2%
Market median
-43% vs market
2022
2024
Return on equity
79.5%
This company
18.4%
Market median
+332% vs market
2022
2024
Net profit margin
6.8%
This company
8.1%
Market median
-16% vs market
2022
2024
Asset turnover
2.56×
This company
1.12×
Market median
+129% vs market
2022
2024
Debt / equity
3.57×
This company
0.62×
Market median
-476% vs market
2022
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 2021-07-29 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
TL
Terje Lindstad
Chief Executive Officer
Chief Executive Officer
2022
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
TV
Tore Vedvik
Chairman
2023
—
—
AR
Anita Riis Lindstad
Chairman
2021
—
—
EE
Ellinor Ekholdt Vedvik
Board of Directors
2024
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Terje Lindstad As
Company
100.0%
100.0%
2022
Vedvik Invest As
Company
100.0%
100.0%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Vedvik Invest As
ALGETA AS
(this company)
Board network connections
Board members of ALGETA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Lindstad
Chief Executive Officer
0 companies
Tore Vedvik
Chairman
0 companies
Anita Riis Lindstad
Chairman
0 companies
Ellinor Ekholdt Vedvik
Board of Directors
0 companies