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VETLE AS
AS
Active
Org 959531048
Eilert Sundts Gate 23 Bolignummer H0301, 0259 Oslo
Activities of performing arts · NACE 9020
Est. 1990
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 976K
+70% vs 2023
EBITDA margin
30.8%
+225% vs 2023
Equity ratio
78.6%
Financial strength
Net profit 2024
NOK 227K
+217% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
1M
+100%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 976K
+70%
EBITDA
NOK 301K
+225%
Net profit
NOK 227K
+217%
Total assets
NOK 1,5M
-1%
Equity
NOK 1,2M
+25%
Employees
1
—
Company information
Legal name
VETLE AS
Org number
959531048
Legal form
Aksjeselskap
NACE code
9020 · Activities of performing arts
Founded
11. desember 1990
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Eilert Sundts Gate 23 Bolignummer H0301, 0259 Oslo
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Companies in Activities of performing arts
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All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
0M
2020
0M
2021
2M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
1M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
466
454
2 094
573
976
Staff expenses
−126
−256
−421
−511
−2
EBITDA
183
31
1 255
−240
301
Depreciation & amort.
−6
−0
−0
−0
−0
EBIT
176
31
1 255
−240
301
Net financials
0
0
−1
−3
−1
Profit before tax
176
31
1 254
−243
299
Tax
39
9
276
−50
73
Net profit
138
23
978
−193
227
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
245
467
1 506
1 478
1 464
Equity
117
140
1 118
925
1 151
Long-term debt
0
0
0
0
0
Short-term debt
128
327
389
554
313
Total debt
128
327
389
554
313
Financial ratios
5-year trend
EBITDA margin
30.8%
This company
15.8%
Market median
+95% vs market
2020
2024
Equity ratio
78.6%
This company
38.2%
Market median
+106% vs market
2020
2024
Return on equity
19.7%
This company
18.4%
Market median
+7% vs market
2020
2024
Net profit margin
23.2%
This company
8.1%
Market median
+186% vs market
2020
2024
Asset turnover
0.67×
This company
1.12×
Market median
-40% vs market
2020
2024
Debt / equity
0.27×
This company
0.62×
Market median
+56% 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 (2)
VL
Vetle Lid Larssen
Chief Executive Officer
Chief Executive Officer
1991
TE
Tove Elisabeth Kvammen Midelfart
Deputy Member
Deputy Member
1991
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of VETLE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Vetle Lid Larssen
Chief Executive Officer
0 companies
Tove Elisabeth Kvammen Midelfart
Deputy Member
0 companies