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VOLOTECH AS
AS
Active
Org 963749031
Strandbakken 1, 4072 Randaberg
Wholesale of other household goods · NACE 4649
Est. 1992
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 70K
-93% vs 2023
EBITDA margin
-29.3%
-122% vs 2023
Equity ratio
32.8%
Financial strength
Net profit 2024
NOK -37K
-193% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 70K
-93%
EBITDA
NOK -21K
-122%
Net profit
NOK -37K
-193%
Total assets
NOK 3,9M
-11%
Equity
NOK 1,3M
-3%
Employees
0
—
Company information
Legal name
VOLOTECH AS
Org number
963749031
Legal form
Aksjeselskap
NACE code
4649 · Wholesale of other household goods
Founded
21. februar 1992
Share capital
—
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Strandbakken 1, 4072 Randaberg
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Companies in Wholesale of other household goods
Companies in Randaberg
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2020
2M
2021
1M
2022
1M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 836
1 711
1 433
1 069
70
Staff expenses
−5
−3
−0
−0
−0
EBITDA
93
120
159
94
−20
Depreciation & amort.
−56
−45
−36
−28
−22
EBIT
37
76
123
65
−43
Net financials
174
16
−17
−15
−4
Profit before tax
211
92
106
51
−47
Tax
−0
−0
13
11
−10
Net profit
211
92
93
40
−37
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 909
3 344
3 654
4 315
3 857
Equity
1 077
1 169
1 262
1 302
1 265
Long-term debt
149
111
69
32
1 752
Short-term debt
1 684
2 065
2 323
1 878
686
Total debt
1 832
2 175
2 392
1 910
2 437
Financial ratios
5-year trend
EBITDA margin
-29.3%
This company
15.8%
Market median
-285% vs market
2020
2024
Equity ratio
32.8%
This company
38.2%
Market median
+14% vs market
2020
2024
Return on equity
-2.9%
This company
18.4%
Market median
-116% vs market
2020
2024
Net profit margin
-52.6%
This company
8.1%
Market median
-749% vs market
2020
2024
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
2020
2024
Debt / equity
2.05×
This company
0.62×
Market median
-231% 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)
TM
Torstein Magnus Landaas
Chief Executive Officer
Chief Executive Officer
1996
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
CA
Christian Alexander Landaas
Chairman
2024
ER
Eli Ragnhild Bruun Landaas
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Fifo Bygg As
Company
100%
100%
2022
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Company hierarchy
Fifo Bygg As
VOLOTECH AS
(this company)
Board network connections
Board members of VOLOTECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Torstein Magnus Landaas
Chief Executive Officer
0 companies
Christian Alexander Landaas
Chairman
0 companies
Eli Ragnhild Bruun Landaas
Chairman
0 companies