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REWACO AS
AS
Active
Org 964351082
Ruudvegen 27, 6014 Ålesund
Manufacture of paints, varnishes and similar coatings, printing ink and mastics · NACE 2030
Est. 1991
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8,7M
+9% vs 2023
EBITDA margin
1.2%
+156% vs 2023
Equity ratio
54.8%
Financial strength
Net profit 2024
NOK -89K
+65% 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 8,7M
+9%
EBITDA
NOK 106K
+156%
Net profit
NOK -89K
+65%
Total assets
NOK 2,9M
+4%
Equity
NOK 1,6M
-5%
Employees
1
—
Company information
Legal name
REWACO AS
Org number
964351082
Legal form
Aksjeselskap
NACE code
2030 · Manufacture of paints, varnishes and similar coatings, printing ink and mastics
Founded
30. desember 1991
Share capital
NOK 105 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Ruudvegen 27, 6014 Ålesund
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Companies in Manufacture of paints, varnishes and similar coatings, printing ink and mastics
Companies in Ålesund
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
8M
2020
9M
2021
9M
2022
8M
2023
9M
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
7 985
9 130
9 488
7 994
8 725
Staff expenses
−1 591
−1 624
−1 705
−1 306
−1 693
EBITDA
338
366
130
−189
106
Depreciation & amort.
−97
−100
−113
−113
−123
EBIT
241
266
18
−302
−18
Net financials
−8
−20
−11
−22
−17
Profit before tax
233
246
6
−324
−34
Tax
52
57
3
−68
55
Net profit
181
189
4
−256
−89
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 372
3 712
3 478
2 799
2 918
Equity
1 751
1 940
1 943
1 688
1 599
Long-term debt
430
381
312
233
163
Short-term debt
1 191
1 391
1 222
879
1 156
Total debt
1 621
1 772
1 534
1 112
1 320
Financial ratios
5-year trend
EBITDA margin
1.2%
This company
15.8%
Market median
-92% vs market
2020
2024
Equity ratio
54.8%
This company
38.2%
Market median
+43% vs market
2020
2024
Return on equity
-5.6%
This company
18.4%
Market median
-130% vs market
2020
2024
Net profit margin
-1.0%
This company
8.1%
Market median
-112% vs market
2020
2024
Asset turnover
2.99×
This company
1.12×
Market median
+167% vs market
2020
2024
Debt / equity
0.83×
This company
0.62×
Market median
+34% 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)
OE
Odd Eivind Eliassen
Chief Executive Officer
Chief Executive Officer
2001
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EE
Egil Eliassen
Board of Directors
1992
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Evald Åsmund Eliassen
Individual
24%
24%
2024
Reidun Margrete Orvik Eliassen
Individual
8%
8%
2024
Unknown
Individual
8%
8%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of REWACO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Odd Eivind Eliassen
Chief Executive Officer
0 companies
Egil Eliassen
Board of Directors
0 companies