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LETSEA AS
AS
Active
Org 976253744
Sjølystveien 7, 8820
Dønna
Research and experimental development on natural sciences and engineering
·
NACE 7210
Est. 1996 · 30 years old
56 employees
letsea.no
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Norway
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Research and experimental development on natural sciences and engineering
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LETSEA AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
179M
359M
538M
718M
246M
2020
458M
2021
624M
2022
605M
2023
287M
2024
EBITDA
NOK millions
111M
83M
56M
28M
0M
14M
2020
56M
+300%
2021
89M
+59%
2022
50M
-44%
2023
3M
-94%
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
246 475
457 675
623 856
604 911
286 568
Staff expenses
−38 282
−45 024
−53 795
−55 358
−58 267
EBITDA
14 437
56 428
88 778
49 999
2 702
Depreciation & amort.
−18 344
−24 481
−23 943
−23 790
−20 386
EBIT
−3 907
31 947
64 835
26 209
−17 684
Net financials
6 547
−11 356
−1 625
−6 075
−4 939
Profit before tax
2 640
20 591
63 211
20 134
−22 624
Tax
179
3 860
12 935
3 890
−5 503
Net profit
2 462
16 731
50 275
16 245
−17 120
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
207 189
347 788
321 891
289 815
291 997
Equity
127 856
144 587
174 856
151 089
105 244
Long-term debt
59 297
127 258
105 672
100 988
84 119
Short-term debt
20 035
75 943
41 362
37 738
102 633
Total debt
79 332
203 201
147 034
138 726
186 752
Financial ratios
5-year trend
EBITDA margin
0.9%
This company
15.8%
Market median
-94% vs market
2020
2024
Equity ratio
36.0%
This company
38.2%
Market median
+6% vs market
2020
2024
Return on equity
-16.3%
This company
18.4%
Market median
-189% vs market
2020
2024
Net profit margin
-6.0%
This company
8.1%
Market median
-174% vs market
2020
2024
Asset turnover
0.98×
This company
1.12×
Market median
+13% vs market
2020
2024
Debt / equity
1.77×
This company
0.62×
Market median
-185% 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
More on LETSEA AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network