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AGDER OLJE AS
AS
Active
Org 978628931
Lista Fly- Og Næringspark, 4560 Vanse
Wholesale of solid, liquid and gaseous fuels and related products · NACE 4681
Est. 1997
8 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 625M
+9% vs 2024
EBITDA margin
1.7%
+25% vs 2024
Equity ratio
15.3%
Financial strength
Net profit 2025
NOK 5M
+42% vs 2024
EBITDA — year on year
NOK millions
14M
10M
7M
3M
0M
4M
2021
5M
+25%
2022
5M
0%
2023
9M
+80%
2024
11M
+22%
2025
Key figures
Annual report 2025
Revenue
NOK 625M
+9%
EBITDA
NOK 10,9M
+25%
Net profit
NOK 5M
+42%
Total assets
NOK 61,1M
-9%
Equity
NOK 9,4M
-18%
Employees
8
—
Company information
Legal name
AGDER OLJE AS
Org number
978628931
Legal form
Aksjeselskap
NACE code
4681 · Wholesale of solid, liquid and gaseous fuels and related products
Founded
2. juni 1997
Share capital
NOK 200 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Contact
Address
Lista Fly- Og Næringspark, 4560 Vanse
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Revenue
NOK millions
0M
180M
359M
539M
719M
266M
2021
599M
2022
537M
2023
575M
2024
625M
2025
EBITDA
NOK millions
0M
3M
6M
9M
13M
4M
2021
5M
2022
5M
2023
9M
2024
11M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
265 579
599 140
537 048
574 570
624 960
Staff expenses
−3 753
−6 167
−6 709
−7 331
−8 577
EBITDA
4 011
5 410
5 302
8 749
10 907
Depreciation & amort.
−1 268
−2 434
−2 683
−2 842
−3 135
EBIT
2 742
2 976
2 619
5 907
7 772
Net financials
−500
−1 457
−1 575
−1 376
−1 337
Profit before tax
2 243
1 519
1 044
4 531
6 436
Tax
494
335
241
1 002
1 428
Net profit
1 749
1 184
803
3 529
5 008
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
53 976
71 475
69 885
66 855
61 093
Equity
5 833
7 017
7 820
11 349
9 357
Long-term debt
315
208
32
0
0
Short-term debt
47 828
64 251
62 033
55 506
51 736
Total debt
48 143
64 458
62 065
55 506
51 736
Financial ratios
5-year trend
EBITDA margin
1.7%
This company
15.8%
Market median
-89% vs market
2021
2025
Equity ratio
15.3%
This company
38.2%
Market median
-60% vs market
2021
2025
Return on equity
53.5%
This company
18.4%
Market median
+191% vs market
2021
2025
Net profit margin
0.8%
This company
8.1%
Market median
-90% vs market
2021
2025
Asset turnover
10.23×
This company
1.12×
Market median
+813% vs market
2021
2025
Debt / equity
5.53×
This company
0.62×
Market median
-792% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TV
Terje Vetås
Chief Executive Officer
Chief Executive Officer
2014
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
BV
Brigt Vold
Board of Directors
2020
HD
Helge Dagfinn Mikalsen
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vollan Holding As
Company
50%
50%
2022
Brigt Vold As
Company
50%
50%
2022
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Company hierarchy
Vollan Holding As
AGDER OLJE AS
(this company)
Board network connections
Board members of AGDER OLJE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Vetås
Chief Executive Officer
0 companies
Brigt Vold
Board of Directors
0 companies
Helge Dagfinn Mikalsen
Chairman
0 companies