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DEMCO AS
AS
Active
Org 931596187
Hopsnesvegen 48, 5232 Paradis
Demolition · NACE 4311
Est. 2023
15 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 11,2M
+432% vs 2023
EBITDA margin
5.2%
+230% vs 2023
Equity ratio
11.0%
Financial strength
Net profit 2024
NOK 235K
+107% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 11,2M
+432%
EBITDA
NOK 584K
+230%
Net profit
NOK 235K
+107%
Total assets
NOK 3,5M
+225%
Equity
NOK 382K
+160%
Employees
15
—
Company information
Legal name
DEMCO AS
Org number
931596187
Legal form
Aksjeselskap
NACE code
4311 · Demolition
Founded
11. juli 2023
Share capital
NOK 33 000
Employees
15 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Entreprenør herunder rivning av bygninger og andre konstruksjoner, samt deltagelse i virksomhet innen bygg og anlegg.
Contact
Address
Hopsnesvegen 48, 5232 Paradis
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Revenue
NOK millions
0M
3M
6M
9M
13M
2M
2023
11M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
1M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
2 109
11 209
Staff expenses
−1 135
−5 511
EBITDA
177
584
Depreciation & amort.
−16
−180
EBIT
161
404
Net financials
−15
−102
Profit before tax
146
302
Tax
32
67
Net profit
114
235
Balance sheet
NOK thousands
Item
2023
2024
Total assets
1 069
3 476
Equity
147
382
Long-term debt
326
703
Short-term debt
596
2 390
Total debt
922
3 094
Financial ratios
5-year trend
EBITDA margin
5.2%
This company
15.8%
Market median
-67% vs market
2023
2024
Equity ratio
11.0%
This company
38.2%
Market median
-71% vs market
2023
2024
Return on equity
61.6%
This company
18.4%
Market median
+235% vs market
2023
2024
Net profit margin
2.1%
This company
8.1%
Market median
-74% vs market
2023
2024
Asset turnover
3.22×
This company
1.12×
Market median
+188% vs market
2023
2024
Debt / equity
8.10×
This company
0.62×
Market median
-1206% 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
Age
Other directorships
SS
Steffen Stavang Tvedt
Chief Executive Officer
Chief Executive Officer
2023
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
CM
Cato Mo
Board of Directors
2023
—
—
GH
Geir Holstad
Board of Directors
2023
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
S. Tvedt Invest As
Company
90.0%
90.0%
2024
Kiss My As
Company
10.0%
10.0%
2024
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Company hierarchy
Kiss My As
DEMCO AS
(this company)
Board network connections
Board members of DEMCO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Steffen Stavang Tvedt
Chief Executive Officer
0 companies
Cato Mo
Board of Directors
0 companies
Geir Holstad
Board of Directors
0 companies