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LATICRETE NORDIC AS
AS
Active
Org 985526338
Stanseveien 31, 0976 Oslo
Wholesale of wood, construction materials and sanitary equipment · NACE 4683
Est. 2003
6 employees
www.laticrete.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 18,4M
-5% vs 2023
EBITDA margin
-20.6%
-64% vs 2023
Equity ratio
-57.3%
Financial strength
Net profit 2024
NOK -4,6M
-54% vs 2023
EBITDA — year on year
NOK millions
1M
-0M
-2M
-3M
-5M
0M
2020
-2M
-200%
2021
1M
+150%
2022
-2M
-300%
2023
-4M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 18,4M
-5%
EBITDA
NOK -3,8M
-64%
Net profit
NOK -4,6M
-54%
Total assets
NOK 8,3M
+9%
Equity
NOK -4,8M
-112%
Employees
6
—
Company information
Legal name
LATICRETE NORDIC AS
Org number
985526338
Legal form
Aksjeselskap
NACE code
4683 · Wholesale of wood, construction materials and sanitary equipment
Founded
28. mars 2003
Share capital
NOK 100 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Foreta produksjon, distribusjon og salg av byggmateriale, samt å drive dertil hørende virksomhet.
Contact
Address
Stanseveien 31, 0976 Oslo
Website
www.laticrete.no
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Companies in Wholesale of wood, construction materials and sanitary equipment
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
7M
14M
21M
28M
20M
2020
21M
2021
24M
2022
19M
2023
18M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
-2M
2021
1M
2022
-2M
2023
-4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
20 160
20 876
23 996
19 427
18 405
Staff expenses
−4 058
−3 684
−4 441
−4 371
−4 213
EBITDA
−354
−1 555
854
−2 305
−3 784
Depreciation & amort.
−148
−179
−183
−177
−147
EBIT
−502
−1 733
671
−2 482
−3 931
Net financials
−124
−122
−295
−533
−710
Profit before tax
−626
−1 855
377
−3 014
−4 641
Tax
−218
38
−0
−0
−0
Net profit
−408
−1 893
377
−3 014
−4 641
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
6 247
7 570
10 606
7 632
8 294
Equity
1 132
307
772
−2 242
−4 751
Long-term debt
999
461
350
236
113
Short-term debt
4 115
6 802
9 484
9 638
12 933
Total debt
5 114
7 263
9 834
9 874
13 045
Financial ratios
5-year trend
EBITDA margin
-20.6%
This company
15.8%
Market median
-230% vs market
2020
2024
Equity ratio
-57.3%
This company
38.2%
Market median
-250% vs market
2020
2024
Return on equity
-464114100.0%
This company
18.4%
Market median
-2522359339% vs market
2020
2024
Net profit margin
-25.2%
This company
8.1%
Market median
-411% vs market
2020
2024
Asset turnover
2.22×
This company
1.12×
Market median
+98% vs market
2020
2024
Debt / equity
2.75×
This company
0.62×
Market median
-344% 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)
BO
Björn Olav Fjerdingby
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
FS
Faisal Saleem
Chairman
2024
EB
Edmondo Bonucelli
Board of Directors
2017
Former (1)
EG
Erno Gerard De Bruijn
Chairman
2017 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
100%
100%
2022
Laticrete International Asia Pacifi
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of LATICRETE NORDIC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Björn Olav Fjerdingby
Chief Executive Officer
0 companies
Erno Gerard De Bruijn
Chairman
0 companies
Faisal Saleem
Chairman
0 companies
Edmondo Bonucelli
Board of Directors
0 companies