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KULSETH BLÅSEISOLERING AS
AS
Active
Org 931084097
Nordlia 7, 7580 Selbu
Installation of insulation · NACE 4323
Est. 2023
5 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,2M
+3% vs 2023
EBITDA margin
10.2%
+67% vs 2023
Equity ratio
1.9%
Financial strength
Net profit 2024
NOK 382K
+158% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 7,2M
+3%
EBITDA
NOK 740K
+67%
Net profit
NOK 382K
+158%
Total assets
NOK 2,9M
+22%
Equity
NOK 55K
+124%
Employees
5
—
Company information
Legal name
KULSETH BLÅSEISOLERING AS
Org number
931084097
Legal form
Aksjeselskap
NACE code
4323 · Installation of insulation
Founded
22. mars 2023
Share capital
NOK 30 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Salg og montering av isolasjonsprodukter og annet bygningsmateriell, samt alt som står i forbindelse med dette.
Contact
Address
Nordlia 7, 7580 Selbu
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Revenue
NOK millions
0M
2M
4M
6M
8M
7M
2023
7M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
1M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
6 995
7 225
Staff expenses
−927
−779
EBITDA
444
740
Depreciation & amort.
−228
−240
EBIT
215
499
Net financials
−24
−8
Profit before tax
191
491
Tax
43
109
Net profit
148
382
Balance sheet
NOK thousands
Item
2023
2024
Total assets
2 345
2 865
Equity
−228
55
Long-term debt
214
1 836
Short-term debt
2 358
974
Total debt
2 572
2 810
Financial ratios
5-year trend
EBITDA margin
10.2%
This company
15.8%
Market median
-35% vs market
2023
2024
Equity ratio
1.9%
This company
38.2%
Market median
-95% vs market
2023
2024
Return on equity
696.4%
This company
18.4%
Market median
+3685% vs market
2023
2024
Net profit margin
5.3%
This company
8.1%
Market median
-35% vs market
2023
2024
Asset turnover
2.52×
This company
1.12×
Market median
+125% vs market
2023
2024
Debt / equity
51.17×
This company
0.62×
Market median
-8153% vs market
2023
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
HK
Hallvard Kulseth
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hkul Holding As
Company
100%
100%
2024
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Company hierarchy
Hkul Holding As
KULSETH BLÅSEISOLERING AS
(this company)
Board network connections
Board members of KULSETH BLÅSEISOLERING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Hallvard Kulseth
Chief Executive Officer
0 companies