Riskpilot← Back to searchSign inGet full accessLETSEA AS
ASActiveOrg 976253744Sjølystveien 7, 8820 DønnaResearch and experimental development on natural sciences and engineering · NACE 7210Est. 199655 employeesletsea.no
Revenue 2024
NOK 286,6M
-53% vs 2023
EBITDA margin
0.9%
-95% vs 2023
Equity ratio
36.0%
Financial strength
Net profit 2024
NOK -17,1M
-205% vs 2023
| Revenue | NOK 286,6M | -53% |
| EBITDA | NOK 2,7M | -95% |
| Net profit | NOK -17,1M | -205% |
| Total assets | NOK 292M | +1% |
| Equity | NOK 105,2M | -30% |
| Employees | 55 | — |
Legal name
LETSEA AS
Org number
976253744
Legal form
Aksjeselskap
NACE code
7210 · Research and experimental development on natural sciences and engineering
Founded
19. februar 1996
Share capital
NOK 7 181 000
Employees
55 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Address
Sjølystveien 7, 8820 Dønna
Phone
+4797751305
Email
post@letsea.no
Website
letsea.no
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| Item | 2008 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8 742 | 19 743 | 23 858 | 89 845 | 212 199 | 322 729 | 70 467 | 70 679 | 76 951 | 246 475 | 457 675 | 623 856 | 604 911 | 286 568 |
| Staff expenses | −4 088 | −9 000 | −12 370 | −14 243 | −19 636 | −23 270 | −27 527 | −27 101 | −32 177 | −38 282 | −45 024 | −53 795 | −55 358 | −58 267 |
| EBITDA | 1 735 | 3 928 | 7 670 | 12 953 | 30 964 | 94 615 | 7 857 | 9 066 | 12 264 | 14 437 | 56 428 | 88 778 | 49 999 | 2 702 |
| Depreciation & amort. | −1 072 | −1 683 | −2 454 | −2 796 | −3 767 | −6 250 | −8 911 | −9 899 | −9 959 | −18 344 | −24 481 | −23 943 | −23 790 | −20 386 |
| EBIT | 662 | 2 245 | 5 216 | 10 158 | 27 196 | 88 366 | −1 054 | −833 | 2 305 | −3 907 | 31 947 | 64 835 | 26 209 | −17 684 |
| Net financials | −309 | −426 | −1 395 | −2 715 | −8 509 | −8 943 | 2 284 | 1 218 | 3 599 | 6 547 | −11 356 | −1 625 | −6 075 | −4 939 |
| Profit before tax | 354 | 1 819 | 3 821 | 7 443 | 18 687 | 79 423 | 1 230 | 386 | 5 904 | 2 640 | 20 591 | 63 211 | 20 134 | −22 624 |
| Tax | 99 | 509 | 1 072 | 2 010 | 4 374 | 19 739 | 183 | −33 | 686 | 179 | 3 860 | 12 935 | 3 890 | −5 503 |
| Net profit | 255 | 1 309 | 2 749 | 5 433 | 14 313 | 59 684 | 1 047 | 419 | 5 219 | 2 462 | 16 731 | 50 275 | 16 245 | −17 120 |
| Item | 2008 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 10 724 | 37 239 | 55 725 | 75 849 | 162 258 | 211 345 | 143 222 | 121 027 | 129 171 | 207 189 | 347 788 | 321 891 | 289 815 | 291 997 |
| Equity | 3 903 | 11 705 | 14 512 | 20 083 | 31 396 | 81 080 | 73 027 | 73 446 | 78 664 | 127 856 | 144 587 | 174 856 | 151 089 | 105 244 |
| Long-term debt | 0 | 20 600 | 17 576 | 35 114 | 40 223 | 53 813 | 48 376 | 38 896 | 32 590 | 59 297 | 127 258 | 105 672 | 100 988 | 84 119 |
| Short-term debt | 4 448 | 4 934 | 23 636 | 20 652 | 90 639 | 76 452 | 21 818 | 8 686 | 17 917 | 20 035 | 75 943 | 41 362 | 37 738 | 102 633 |
| Total debt | 6 821 | 25 534 | 41 213 | 55 766 | 130 862 | 130 265 | 70 194 | 47 582 | 50 506 | 79 332 | 203 201 | 147 034 | 138 726 | 186 752 |
EBITDA margin
0.9%
This company
15.8%
Market median
-94% vs market
20082024
Equity ratio
36.0%
This company
38.2%
Market median
+6% vs market
20082024
Return on equity
-16.3%
This company
18.4%
Market median
-189% vs market
20082024
Net profit margin
-6.0%
This company
8.1%
Market median
-174% vs market
20082024
Asset turnover
0.98×
This company
1.12×
Market median
+13% vs market
20082024
Debt / equity
1.77×
This company
0.62×
Market median
-185% vs market
20082024
- 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
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
SL Deputy Member | Deputy Member | 2025 | — | — |
KJ Chief Executive Officer | Chief Executive Officer | 2001 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2024 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Kapnord As | Company | 66.0% | 66.0% | 2024 |
Biomar A.S. | Company | 34.0% | 34.0% | 2024 |
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Biomar A.S.
LETSEA AS Board members of LETSEA AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Simon Leigh Wadsworth | Deputy Member | 0 companies |
| Kristian Johnsen | Chief Executive Officer | 0 companies |
| Kristian Mangset Lorentsen | Board of Directors | 0 companies |
| Kjell Arild Lorentsen | Chairman | 0 companies |
| Kristian Lorentsen | Board of Directors | 0 companies |
| Tord Ueland Kolstad | Board of Directors | 0 companies |
| Heidi Halvorsen | Board of Directors | 0 companies |
| Asbjørn Reinkind | Chairman | 0 companies |
| Oda Skognes Høyland | Board of Directors | 0 companies |
| Monica Nilsen | Board of Directors | 0 companies |
| Håvard Yngve Jørgensen | Board of Directors | 0 companies |
| Martine Kjellså | Board of Directors | 0 companies |
| Per Kristian Nordøy | Board of Directors | 0 companies |