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GULLSMED OLAF E OLSEN AS
AS
Active
Org 974229722
Nedre Torggate 4, 3015 Drammen
Retail sale of watches and jewellery · NACE 4777
Est. 1995
16 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 19,1M
+14% vs 2023
EBITDA margin
8.5%
-14% vs 2023
Equity ratio
46.0%
Financial strength
Net profit 2024
NOK 1,2M
-4% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2020
1M
-50%
2021
1M
0%
2022
2M
+100%
2023
2M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 19,1M
+14%
EBITDA
NOK 1,6M
-14%
Net profit
NOK 1,2M
-4%
Total assets
NOK 13,1M
+3%
Equity
NOK 6M
+8%
Employees
16
—
Company information
Legal name
GULLSMED OLAF E OLSEN AS
Org number
974229722
Legal form
Aksjeselskap
NACE code
4777 · Retail sale of watches and jewellery
Founded
4. januar 1995
Share capital
NOK 2 100 000
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Nedre Torggate 4, 3015 Drammen
Phone
+4732832547
Email
olaf.e.olsen.drammen@mestergull.no
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Companies in Retail sale of watches and jewellery
Companies in Drammen
All Norway companies
Revenue
NOK millions
0M
5M
11M
16M
22M
15M
2020
16M
2021
17M
2022
17M
2023
19M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2020
1M
2021
1M
2022
2M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
14 648
15 851
16 939
16 792
19 084
Staff expenses
−3 294
−3 863
−4 515
−4 284
−4 760
EBITDA
2 006
1 296
1 293
1 874
1 621
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
2 006
1 296
1 293
1 874
1 621
Net financials
−200
−106
−130
−243
−55
Profit before tax
1 806
1 190
1 163
1 631
1 566
Tax
386
264
264
365
349
Net profit
1 421
926
899
1 266
1 216
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 241
11 131
12 563
12 691
13 086
Equity
4 088
4 525
4 963
5 572
6 026
Long-term debt
4 767
4 464
4 160
3 857
3 553
Short-term debt
2 385
2 142
3 439
3 262
3 507
Total debt
7 152
6 606
7 600
7 119
7 061
Financial ratios
5-year trend
EBITDA margin
8.5%
This company
15.8%
Market median
-46% vs market
2020
2024
Equity ratio
46.0%
This company
38.2%
Market median
+20% vs market
2020
2024
Return on equity
20.2%
This company
18.4%
Market median
+10% vs market
2020
2024
Net profit margin
6.4%
This company
8.1%
Market median
-21% vs market
2020
2024
Asset turnover
1.46×
This company
1.12×
Market median
+30% vs market
2020
2024
Debt / equity
1.17×
This company
0.62×
Market median
-89% 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)
LM
Lise Myhre
Deputy Member
Deputy Member
1997
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
HB
Henning Bjørnstad
Chairman
1997
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gamasama As
Company
100%
100%
2024
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Company hierarchy
Gamasama As
GULLSMED OLAF E OLSEN AS
(this company)
Mestergull As
Mestergull Invest As
Board network connections
Board members of GULLSMED OLAF E OLSEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lise Myhre
Deputy Member
0 companies
Henning Bjørnstad
Chairman
0 companies