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EQUITY CREDIT MANAGEMENT AS
AS
Active
Org 971170557
Ulrikkabakken 3, 3950 Brevik
Activities of collection agencies and credit bureaus · NACE 8291
Est. 1994
16 employees
www.equity.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 30,5M
-14% vs 2023
EBITDA margin
-3.0%
-145% vs 2023
Equity ratio
46.4%
Financial strength
Net profit 2024
NOK -506K
-135% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
-0M
-1M
1M
2020
2M
+100%
2021
2M
0%
2022
2M
0%
2023
-1M
-150%
2024
Key figures
Annual report 2024
Revenue
NOK 30,5M
-14%
EBITDA
NOK -925K
-145%
Net profit
NOK -506K
-135%
Total assets
NOK 16,6M
-1%
Equity
NOK 7,7M
-6%
Employees
16
—
Company information
Legal name
EQUITY CREDIT MANAGEMENT AS
Org number
971170557
Legal form
Aksjeselskap
NACE code
8291 · Activities of collection agencies and credit bureaus
Founded
28. april 1994
Share capital
—
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Contact
Address
Ulrikkabakken 3, 3950 Brevik
Phone
+4735976800
Website
www.equity.no
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Explore
Companies in Activities of collection agencies and credit bureaus
Companies in Porsgrunn
All Norway companies
Revenue
NOK millions
0M
10M
20M
30M
40M
28M
2020
29M
2021
33M
2022
35M
2023
31M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
2M
2022
2M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
28 173
28 531
32 729
35 389
30 528
Staff expenses
−8 274
−8 187
−9 690
−10 251
−10 849
EBITDA
1 336
2 191
2 458
2 074
−925
Depreciation & amort.
−130
−232
−304
−352
−348
EBIT
1 206
1 959
2 154
1 722
−1 273
Net financials
388
407
77
346
757
Profit before tax
1 593
2 366
2 231
2 068
−516
Tax
373
527
590
628
−11
Net profit
1 220
1 840
1 642
1 441
−506
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 927
11 907
13 916
16 795
16 647
Equity
5 936
6 565
7 258
8 231
7 725
Long-term debt
0
802
618
650
409
Short-term debt
3 990
4 540
6 040
7 914
8 513
Total debt
3 990
5 342
6 658
8 564
8 922
Financial ratios
5-year trend
EBITDA margin
-3.0%
This company
15.8%
Market median
-119% vs market
2020
2024
Equity ratio
46.4%
This company
38.2%
Market median
+21% vs market
2020
2024
Return on equity
-6.5%
This company
18.4%
Market median
-135% vs market
2020
2024
Net profit margin
-1.7%
This company
8.1%
Market median
-121% vs market
2020
2024
Asset turnover
1.83×
This company
1.12×
Market median
+63% vs market
2020
2024
Debt / equity
1.15×
This company
0.62×
Market median
-85% 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)
OJ
Ole Johan Helgesen
Chief Executive Officer
Chief Executive Officer
2013
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
EH
Einar Helgesen
Board of Directors
2018
HH
Helge Helgesen
Chairman
2018
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hokas Holding As
Company
65%
65%
2024
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
Hokas Holding As
EQUITY CREDIT MANAGEMENT AS
(this company)
EQUITY FINANCE AS
Board network connections
Board members of EQUITY CREDIT MANAGEMENT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ole Johan Helgesen
Chief Executive Officer
0 companies
Einar Helgesen
Board of Directors
0 companies
Helge Helgesen
Chairman
0 companies