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NECO OFFSHORE AS
AS
Active
Org 937285353
Lindeberg Næringsvei 22, 1067 Oslo
Wholesale of mining, construction and civil engineering machinery · NACE 4663
Est. 1985
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,9M
+116% vs 2023
EBITDA margin
98.7%
+390% vs 2023
Equity ratio
78.2%
Financial strength
Net profit 2024
NOK 3,1M
+372% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
0M
2020
1M
+100%
2021
0M
-100%
2022
1M
+100%
2023
4M
+300%
2024
Key figures
Annual report 2024
Revenue
NOK 3,9M
+116%
EBITDA
NOK 3,9M
+390%
Net profit
NOK 3,1M
+372%
Total assets
NOK 4M
+40%
Equity
NOK 3,2M
+106%
Employees
0
—
Company information
Legal name
NECO OFFSHORE AS
Org number
937285353
Legal form
Aksjeselskap
NACE code
4663 · Wholesale of mining, construction and civil engineering machinery
Founded
2. januar 1985
Share capital
—
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Lindeberg Næringsvei 22, 1067 Oslo
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Explore
Companies in Wholesale of mining, construction and civil engineering machinery
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
2M
2020
3M
2021
2M
2022
2M
2023
4M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
0M
2020
1M
2021
0M
2022
1M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 573
2 557
2 404
1 806
3 907
Staff expenses
−0
−0
−0
−0
−0
EBITDA
254
538
385
788
3 856
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
254
538
385
788
3 856
Net financials
2
−0
10
43
65
Profit before tax
256
538
395
831
3 921
Tax
57
118
87
183
863
Net profit
199
420
308
648
3 058
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 840
1 697
1 974
2 875
4 037
Equity
1 159
1 579
1 887
1 535
3 158
Long-term debt
0
0
0
0
0
Short-term debt
681
118
87
1 341
879
Total debt
681
118
87
1 341
879
Financial ratios
5-year trend
EBITDA margin
98.7%
This company
15.8%
Market median
+525% vs market
2020
2024
Equity ratio
78.2%
This company
38.2%
Market median
+105% vs market
2020
2024
Return on equity
96.8%
This company
18.4%
Market median
+426% vs market
2020
2024
Net profit margin
78.3%
This company
8.1%
Market median
+867% vs market
2020
2024
Asset turnover
0.97×
This company
1.12×
Market median
+13% vs market
2020
2024
Debt / equity
0.28×
This company
0.62×
Market median
+55% vs market
2020
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
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AJ
Arne Jørgen Grefberg Smith
Chief Executive Officer
Chief Executive Officer
2003
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
PC
Per Christen Smith
Chairman
2009
MB
May Britt Gundersen Smith
Board of Directors
2009
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ajs Invest As
Company
50%
50%
2024
Pcs Invest As
Company
50%
50%
2024
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Company hierarchy
Ajs Invest As
NECO OFFSHORE AS
(this company)
Board network connections
Board members of NECO OFFSHORE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Arne Jørgen Grefberg Smith
Chief Executive Officer
0 companies
Per Christen Smith
Chairman
0 companies
May Britt Gundersen Smith
Board of Directors
0 companies