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WILH KOLSTAD AS
AS
Active
Org 942043317
Doktor Narveruds Vei 24, 3024 Drammen
Electrical installation · NACE 4321
Est. 1987
22 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2020
NOK 25,2M
-15% vs 2019
EBITDA margin
10.8%
+12% vs 2019
Equity ratio
55.0%
Financial strength
Net profit 2020
NOK 2,1M
+12% vs 2019
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
2M
2016
2M
0%
2017
2M
0%
2018
2M
0%
2019
3M
+50%
2020
Key figures
Annual report 2020
Revenue
NOK 25,2M
-15%
EBITDA
NOK 2,7M
+12%
Net profit
NOK 2,1M
+12%
Total assets
NOK 16,5M
+16%
Equity
NOK 9,1M
+1%
Employees
22
—
Company information
Legal name
WILH KOLSTAD AS
Org number
942043317
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
5. januar 1987
Share capital
—
Employees
22 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder hver for seg.
Contact
Address
Doktor Narveruds Vei 24, 3024 Drammen
Phone
+4732218400
Email
ellen@wilh-kolstad.no
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Companies in Electrical installation
Companies in Drammen
All Norway companies
Revenue
NOK millions
0M
9M
17M
26M
35M
24M
2016
23M
2017
29M
2018
30M
2019
25M
2020
EBITDA
NOK millions
0M
1M
2M
3M
3M
2M
2016
2M
2017
2M
2018
2M
2019
3M
2020
Income statement
NOK thousands
Item
2016
2017
2018
2019
2020
Revenue
24 140
22 767
28 583
29 794
25 204
Staff expenses
−11 863
−11 489
−13 273
−13 452
−12 125
EBITDA
2 267
1 589
2 480
2 431
2 724
Depreciation & amort.
−37
−37
−37
−37
−37
EBIT
2 230
1 551
2 443
2 394
2 687
Net financials
−18
−21
−22
−8
−11
Profit before tax
2 212
1 531
2 421
2 386
2 676
Tax
561
358
559
540
607
Net profit
1 652
1 173
1 862
1 846
2 069
Balance sheet
NOK thousands
Item
2016
2017
2018
2019
2020
Total assets
12 115
11 196
14 228
14 300
16 526
Equity
5 436
6 109
7 171
9 017
9 086
Long-term debt
0
16
20
0
0
Short-term debt
6 680
5 071
7 038
5 283
7 440
Total debt
6 680
5 087
7 058
5 283
7 440
Financial ratios
5-year trend
EBITDA margin
10.8%
This company
15.8%
Market median
-32% vs market
2016
2020
Equity ratio
55.0%
This company
38.2%
Market median
+44% vs market
2016
2020
Return on equity
22.8%
This company
18.4%
Market median
+24% vs market
2016
2020
Net profit margin
8.2%
This company
8.1%
Market median
+1% vs market
2016
2020
Asset turnover
1.53×
This company
1.12×
Market median
+37% vs market
2016
2020
Debt / equity
0.82×
This company
0.62×
Market median
+32% vs market
2016
2020
Annual reports & filings
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
EM
Ellen Marie Kolstad
Chief Executive Officer
Chief Executive Officer
2013
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
BK
Børre Kolstad
Chairman
2002
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of WILH KOLSTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ellen Marie Kolstad
Chief Executive Officer
0 companies
Børre Kolstad
Chairman
0 companies