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WELLCO EIENDOM AS
AS
Active
Org 984642938
Welhavens Vei 9, 4319 Sandnes
Construction of residential and non-residential buildings · NACE 4100
Est. 2002
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 5,8M
+17% vs 2023
EBITDA margin
62.9%
+4% vs 2023
Equity ratio
52.1%
Financial strength
Net profit 2024
NOK 4,6M
-16% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
1M
2020
2M
+100%
2021
2M
0%
2022
4M
+100%
2023
4M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 5,8M
+17%
EBITDA
NOK 3,7M
+4%
Net profit
NOK 4,6M
-16%
Total assets
NOK 61,6M
+4%
Equity
NOK 32,1M
+2%
Employees
0
—
Company information
Legal name
WELLCO EIENDOM AS
Org number
984642938
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
1. juli 2002
Share capital
NOK 200 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Investeringsselskap, hovedsaklig å eie eiendommer, aksjer, med videre.
Contact
Address
Welhavens Vei 9, 4319 Sandnes
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Explore
Companies in Construction of residential and non-residential buildings
Companies in Sandnes
All Norway companies
Revenue
NOK millions
0M
4M
7M
11M
15M
2M
2020
13M
2021
3M
2022
5M
2023
6M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
1M
2020
2M
2021
2M
2022
4M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 325
12 961
3 491
4 990
5 816
Staff expenses
−0
−0
−0
−0
−0
EBITDA
1 470
1 901
2 170
3 523
3 658
Depreciation & amort.
−276
−276
−340
−464
−561
EBIT
1 195
1 625
1 830
3 059
3 097
Net financials
−308
2 377
−775
2 833
1 875
Profit before tax
887
4 003
1 055
5 891
4 971
Tax
57
368
373
439
−0
Net profit
830
3 634
682
5 453
4 571
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
36 913
30 669
44 161
59 012
61 576
Equity
22 028
25 663
25 844
31 297
32 068
Long-term debt
13 190
4 721
15 748
22 664
21 310
Short-term debt
1 695
285
2 569
5 051
8 198
Total debt
14 885
5 006
18 317
27 715
29 508
Financial ratios
5-year trend
EBITDA margin
62.9%
This company
15.8%
Market median
+298% vs market
2020
2024
Equity ratio
52.1%
This company
38.2%
Market median
+36% vs market
2020
2024
Return on equity
14.3%
This company
18.4%
Market median
+22% vs market
2020
2024
Net profit margin
78.6%
This company
8.1%
Market median
+870% vs market
2020
2024
Asset turnover
0.09×
This company
1.12×
Market median
-92% vs market
2020
2024
Debt / equity
0.92×
This company
0.62×
Market median
+48% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TØ
Tor Øistein Torgersen
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Tst Invest As
Company
100%
100%
2022
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Company hierarchy
Tst Invest As
WELLCO EIENDOM AS
(this company)
BYGGMESTER ØYSTEIN TORGERSEN AS
Board network connections
Board members of WELLCO EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tor Øistein Torgersen
Chairman
0 companies