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SETTCO AS
AS
Active
Org 929200691
Olav Nilssons gate 72, 4009 Stavanger
Economic activity was not specified by tax authority · NACE 0000
Est. 2022
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 245K
-77% vs 2023
EBITDA margin
-157.0%
-165% vs 2023
Equity ratio
11.0%
Financial strength
Net profit 2024
NOK -9K
-102% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2022
1M
+100%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 245K
-77%
EBITDA
NOK -384K
-165%
Net profit
NOK -9K
-102%
Total assets
NOK 190K
-90%
Equity
NOK 21K
-30%
Employees
0
—
Company information
Legal name
SETTCO AS
Org number
929200691
Legal form
Aksjeselskap
NACE code
0000 · Economic activity was not specified by tax authority
Founded
12. mai 2022
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Å holde eller eie selskapets investeringer og eierskap i og fra andre selskaper.
Contact
Address
Olav Nilssons gate 72, 4009 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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Companies in Economic activity was not specified by tax authority
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2022
1M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
1M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
0
1 060
245
Staff expenses
−0
−223
−447
EBITDA
−2
588
−384
Depreciation & amort.
−0
−0
−0
EBIT
−2
588
−384
Net financials
−0
−27
375
Profit before tax
−2
561
−9
Tax
−0
126
−0
Net profit
−2
435
−9
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
20
1 885
190
Equity
20
30
21
Long-term debt
0
1 484
0
Short-term debt
0
372
169
Total debt
0
1 855
169
Financial ratios
5-year trend
EBITDA margin
-157.0%
This company
15.8%
Market median
-1094% vs market
2022
2024
Equity ratio
11.0%
This company
38.2%
Market median
-71% vs market
2022
2024
Return on equity
-43.8%
This company
18.4%
Market median
-338% vs market
2022
2024
Net profit margin
-3.7%
This company
8.1%
Market median
-146% vs market
2022
2024
Asset turnover
1.29×
This company
1.12×
Market median
+15% vs market
2022
2024
Debt / equity
8.12×
This company
0.62×
Market median
-1210% 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 2022-03-16 – 2022-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
AF
Anette Flikka Stålsett
Board of Directors
2023
—
—
TJ
Trygve Johan Stålsett
Chairman
2022
—
—
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
SETTCO AS
(this company)
Otech Marine Services Norway As
Yatek As
Board network connections
Board members of SETTCO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Anette Flikka Stålsett
Board of Directors
0 companies
Trygve Johan Stålsett
Chairman
0 companies