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ALSULTAN AS
AS
Active
Org 929823834
Bergelandsgata 33, 4012 Stavanger
Non-specialised retail sale of predominately food, beverages or tobacco · NACE 4711
Est. 2022
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,6M
+19% vs 2023
EBITDA margin
1.0%
+122% vs 2023
Equity ratio
-134.1%
Financial strength
Net profit 2024
NOK -32K
+84% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2,6M
+19%
EBITDA
NOK 27K
+122%
Net profit
NOK -32K
+84%
Total assets
NOK 186K
-36%
Equity
NOK -250K
-190%
Employees
0
—
Company information
Legal name
ALSULTAN AS
Org number
929823834
Legal form
Aksjeselskap
NACE code
4711 · Non-specialised retail sale of predominately food, beverages or tobacco
Founded
13. september 2022
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Dagligvarebutikk.
Contact
Address
Bergelandsgata 33, 4012 Stavanger
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Companies in Non-specialised retail sale of predominately food, beverages or tobacco
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2022
2M
2023
3M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
379
2 201
2 629
Staff expenses
−0
−0
−0
EBITDA
−61
−123
27
Depreciation & amort.
−4
−50
−50
EBIT
−65
−174
−24
Net financials
−2
−19
−15
Profit before tax
−67
−193
−39
Tax
−15
2
−7
Net profit
−52
−195
−32
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
273
291
186
Equity
−22
277
−250
Long-term debt
259
166
133
Short-term debt
36
343
304
Total debt
295
510
436
Financial ratios
5-year trend
EBITDA margin
1.0%
This company
15.8%
Market median
-94% vs market
2022
2024
Equity ratio
-134.1%
This company
38.2%
Market median
-451% vs market
2022
2024
Return on equity
-3162400.0%
This company
18.4%
Market median
-17187057% vs market
2022
2024
Net profit margin
-1.2%
This company
8.1%
Market median
-115% vs market
2022
2024
Asset turnover
14.10×
This company
1.12×
Market median
+1159% vs market
2022
2024
Debt / equity
1.75×
This company
0.62×
Market median
-182% 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 2022-01-01 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
SH
Saeed Hosni Mahmood
Chief Executive Officer
Chief Executive Officer
2026
TI
Tareq Ibrahim Alhamzah
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
33%
33%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ALSULTAN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Saeed Hosni Mahmood
Chief Executive Officer
0 companies
Tareq Ibrahim Alhamzah
Chief Executive Officer
0 companies