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FLIActiveOrg 961085993Storgata 5, 0155 OsloActivities of other membership organisations n.e.c. · NACE 9499Est. 198311 employeesnorwaco.no
Revenue 2024
NOK 428,1M
+2% vs 2023
EBITDA margin
-4.2%
+5% vs 2023
Equity ratio
0.0%
Financial strength
Net profit 2024
NOK 0
11 employees
| Revenue | NOK 428,1M | +2% |
| EBITDA | NOK -18,1M | +5% |
| Net profit | NOK 0 | — |
| Total assets | NOK 364,9M | -10% |
| Equity | NOK 149K | +0% |
| Employees | 11 | — |
Legal name
NORWACO
Org number
961085993
Legal form
Forening/Lag/Innretning
NACE code
9499 · Activities of other membership organisations n.e.c.
Founded
17. november 1983
Share capital
—
Employees
11 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Storgata 5, 0155 Oslo
Phone
+4723316800
Email
norwaco@norwaco.no
Website
norwaco.no
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| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 339 676 | 369 846 | 383 962 | 406 133 | 396 886 | 390 969 | 401 421 | 418 988 | 428 132 |
| Staff expenses | −12 321 | −12 047 | −12 291 | −11 838 | −11 500 | −10 200 | −13 568 | −15 239 | −16 439 |
| EBITDA | 319 456 | 350 830 | 364 266 | 388 379 | 379 918 | 373 341 | −6 237 | −18 973 | −18 078 |
| Depreciation & amort. | −78 | −112 | −126 | −107 | −42 | −115 | −99 | −247 | −329 |
| EBIT | 319 378 | 350 718 | 364 140 | 388 271 | 379 876 | 373 225 | −6 336 | −19 220 | −18 407 |
| Net financials | 4 152 | 3 277 | 3 561 | 5 845 | 3 992 | 2 656 | 6 336 | 19 220 | 18 407 |
| Profit before tax | 323 530 | 353 996 | 367 701 | 394 117 | 383 867 | 375 881 | 0 | 0 | 0 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | 323 530 | 353 996 | 367 701 | 394 117 | 383 867 | 375 881 | 0 | 0 | 0 |
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 256 797 | 289 660 | 283 318 | 309 275 | 317 236 | 337 309 | 354 152 | 403 539 | 364 923 |
| Equity | 0 | −5 101 | −3 589 | −2 963 | −2 614 | −122 | −325 | 149 | 149 |
| Long-term debt | 254 398 | 286 977 | 281 090 | 307 133 | 298 325 | 0 | 0 | 0 | 0 |
| Short-term debt | 2 399 | 2 682 | 2 227 | 2 141 | 18 911 | 337 309 | 354 152 | 403 389 | 364 774 |
| Total debt | 256 797 | 289 660 | 283 318 | 309 275 | 317 236 | 337 309 | 354 152 | 403 389 | 364 774 |
EBITDA margin
-4.2%
This company
15.8%
Market median
-127% vs market
20162024
Equity ratio
0.0%
This company
38.2%
Market median
-100% vs market
20162024
Return on equity
0.0%
This company
18.4%
Market median
-100% vs market
20162024
Net profit margin
0.0%
This company
8.1%
Market median
-100% vs market
20162024
Asset turnover
1.17×
This company
1.12×
Market median
+4% vs market
20162024
Debt / equity
2446.99×
This company
0.62×
Market median
-394576% vs market
20162024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
EU Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2025 | — | — | |
| Deputy Chairman | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2019 | — | — | |
| Board of Directors | 2022 | — | — | |
| Deputy Chairman | 2024 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2019 | — | — |
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.
No registered parent or subsidiaries
Board members of NORWACO also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Elin Urkedal | Chief Executive Officer | 0 companies |
| Monica Ann Boracco | Board of Directors | 0 companies |
| Cato Bjørn Strøm | Board of Directors | 0 companies |
| Hege Fagerheim | Board of Directors | 0 companies |
| Hege Iren Frantzen | Board of Directors | 0 companies |
| Tom Gerry Eilertsen | Board of Directors | 0 companies |
| Inger Elise Mey | Deputy Chairman | 0 companies |
| Anders Bredmose | Board of Directors | 0 companies |
| Jan Terje Helmer Helmli | Chairman | 0 companies |
| Stian Nybro Langgaard-Nielsen | Board of Directors | 0 companies |
| Marte Thorsby | Deputy Chairman | 0 companies |
| Juliane Margrethe Strøm Killengreen | Board of Directors | 0 companies |
| Harald Holter | Board of Directors | 0 companies |
| Erik Brataas | Board of Directors | 0 companies |
| Marius Aarum Øvrebø-Engemoen | Board of Directors | 0 companies |
| Renée Kristin Rasmussen | Chairman | 0 companies |
| Ingvild Kogstad Brodal | Board of Directors | 0 companies |
| Bjørn Sæter | Board of Directors | 0 companies |
| Ann-Kristin Vasseljen | Board of Directors | 0 companies |
| Grete Valstad | Board of Directors | 0 companies |