Riskpilot← Back to searchSign inGet full accessSELSTAD AS
ASActiveOrg 937029349Øyna 39, 6700 MåløyManufacture of cordage, rope, twine and netting · NACE 1394Est. 1985225 employees
Revenue 2024
NOK 528,4M
-19% vs 2023
EBITDA margin
2.5%
-57% vs 2023
Equity ratio
24.4%
Financial strength
Net profit 2024
NOK -6,7M
-162% vs 2023
| Revenue | NOK 528,4M | -19% |
| EBITDA | NOK 13,1M | -57% |
| Net profit | NOK -6,7M | -162% |
| Total assets | NOK 365,9M | -1% |
| Equity | NOK 89,4M | -7% |
| Employees | 225 | — |
Legal name
SELSTAD AS
Org number
937029349
Legal form
Aksjeselskap
NACE code
1394 · Manufacture of cordage, rope, twine and netting
Founded
30. april 1985
Share capital
NOK 22 100 000
Employees
225 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og to styremedlemmer i fellesskap.
Company purpose
Produksjon, reparasjon og handel med fiskeriutstyr og oppdrettsutstyr og alt hva herved står i forbindelse. Selskapet kan også delta i andre selskap som interessenter eller på annen måte.
Address
Øyna 39, 6700 Måløy
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 193 336 | 174 609 | 177 788 | 215 981 | 207 578 | 215 454 | 253 583 | 262 552 | 302 819 | 353 288 | 438 647 | 485 195 | 579 959 | 575 218 | 625 566 | 652 540 | 528 443 |
| Staff expenses | −45 596 | −44 338 | −43 130 | −48 656 | −51 354 | −55 407 | −61 295 | −63 789 | −69 879 | −76 460 | −85 537 | −97 124 | −109 219 | −112 048 | −127 134 | −137 729 | −138 717 |
| EBITDA | 12 468 | 11 789 | 10 947 | 18 182 | 17 512 | 17 289 | 22 958 | 15 460 | 28 090 | 29 193 | 30 070 | 28 492 | 48 139 | 42 903 | 20 011 | 30 548 | 13 060 |
| Depreciation & amort. | −3 576 | −3 949 | −3 905 | −4 466 | −3 875 | −4 098 | −4 620 | −4 645 | −4 658 | −4 787 | −5 434 | −5 248 | −5 227 | −5 904 | −6 241 | −7 970 | −11 714 |
| EBIT | 8 893 | 7 840 | 7 042 | 13 716 | 13 637 | 13 191 | 18 338 | 10 815 | 23 432 | 24 406 | 24 636 | 23 244 | 42 912 | 36 999 | 13 770 | 22 579 | 1 346 |
| Net financials | −12 375 | 1 622 | −1 155 | −3 586 | −2 845 | −2 596 | −2 283 | −1 735 | −1 439 | −3 807 | −3 850 | −5 355 | −6 637 | −3 810 | −606 | −8 059 | −9 755 |
| Profit before tax | −3 482 | 9 462 | 5 888 | 10 130 | 10 792 | 10 595 | 16 055 | 9 080 | 21 993 | 20 599 | 20 786 | 17 889 | 36 275 | 33 189 | 13 164 | 14 520 | −8 410 |
| Tax | −589 | 3 148 | 2 116 | 3 274 | 3 181 | 3 332 | 4 521 | 2 596 | 5 333 | 4 666 | 5 113 | 3 517 | 7 742 | 7 332 | 3 125 | 3 598 | −1 665 |
| Net profit | −2 893 | 6 313 | 3 772 | 6 856 | 7 611 | 7 263 | 11 534 | 6 484 | 16 660 | 15 933 | 15 673 | 14 372 | 28 533 | 25 857 | 10 039 | 10 922 | −6 744 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 106 325 | 97 908 | 113 279 | 124 973 | 140 462 | 131 418 | 147 176 | 150 358 | 166 964 | 206 818 | 256 838 | 259 540 | 299 721 | 327 493 | 378 674 | 368 332 | 365 922 |
| Equity | 28 347 | 34 660 | 38 432 | 41 288 | 43 899 | 46 162 | 51 680 | 53 124 | 59 785 | 65 718 | 71 391 | 85 763 | 94 297 | 105 153 | 100 193 | 96 115 | 89 370 |
| Long-term debt | 18 767 | −823 | 40 350 | 48 058 | 44 367 | 47 718 | 43 595 | 49 117 | 55 709 | 49 742 | 88 096 | 87 183 | 80 552 | 100 348 | 126 997 | 148 914 | 140 016 |
| Short-term debt | 58 421 | 24 845 | 5 016 | 35 258 | 51 966 | 37 446 | 51 876 | 48 116 | 51 470 | 90 258 | 96 082 | 86 593 | 124 872 | 121 140 | 150 814 | 122 767 | 136 106 |
| Total debt | 77 189 | 62 424 | 74 091 | 83 317 | 96 334 | 85 164 | 95 471 | 97 233 | 107 179 | 140 000 | 184 178 | 173 776 | 205 424 | 221 488 | 277 811 | 271 681 | 276 122 |
EBITDA margin
2.5%
This company
15.8%
Market median
-84% vs market
20082024
Equity ratio
24.4%
This company
38.2%
Market median
-36% vs market
20082024
Return on equity
-7.5%
This company
18.4%
Market median
-141% vs market
20082024
Net profit margin
-1.3%
This company
8.1%
Market median
-116% vs market
20082024
Asset turnover
1.44×
This company
1.12×
Market median
+29% vs market
20082024
Debt / equity
3.09×
This company
0.62×
Market median
-398% vs market
20082024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
HS Chief Executive Officer | Chief Executive Officer | 1994 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2025 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Selstad Holding As | Company | 96.3% | 96.3% | 2024 |
| Individual | 1.1% | 1.1% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Asset As
SELSTAD AS Board members of SELSTAD AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Hans-Petter Selstad | Chief Executive Officer | 0 companies |
| Arve Selstad | Board of Directors | 0 companies |
| Marit Selstad | Board of Directors | 0 companies |
| Agnar Johan Lyng | Chairman | 0 companies |
| Carl Erik Arnesen | Board of Directors | 0 companies |
| Per Roar Bøstrand Gjerde | Board of Directors | 0 companies |
| Elisabeth Elliott Midtgård | Board of Directors | 0 companies |