Riskpilot← Back to searchSign inGet full accessALGECO NORWAY AS
ASActiveOrg 985729220Maskinveien 28, 4033 StavangerConstruction of residential and non-residential buildings · NACE 4100Est. 2003102 employeeswww.algeco.no
Revenue 2024
NOK 1,1B
+2% vs 2023
EBITDA margin
37.0%
+20% vs 2023
Equity ratio
55.8%
Financial strength
Net profit 2024
NOK 141M
+182% vs 2023
| Revenue | NOK 1,1B | +2% |
| EBITDA | NOK 396,8M | +20% |
| Net profit | NOK 141M | +182% |
| Total assets | NOK 1,9B | +2% |
| Equity | NOK 1,1B | +4% |
| Employees | 102 | — |
Legal name
ALGECO NORWAY AS
Org number
985729220
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
10. juni 2003
Share capital
NOK 92 766 602
Employees
102 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Drive handel, produksjon og agentvirksomhet, samt hva som står i naturlig forbindelse med dette.
Address
Maskinveien 28, 4033 Stavanger
Email
info.no@algeco.com
Website
www.algeco.no
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 673 630 | 859 184 | 1 032 395 | 1 045 640 | 1 071 401 |
| Staff expenses | −71 631 | −83 840 | −84 194 | −82 913 | −95 869 |
| EBITDA | 196 928 | 276 954 | 146 657 | 330 162 | 396 784 |
| Depreciation & amort. | −121 041 | −168 562 | −2 107 | −188 735 | −199 292 |
| EBIT | 75 887 | 108 392 | 144 550 | 141 427 | 197 492 |
| Net financials | −40 547 | −62 220 | −28 794 | −74 769 | −14 706 |
| Profit before tax | 35 340 | 46 172 | 115 756 | 66 658 | 182 786 |
| Tax | 10 947 | 12 111 | 26 679 | 16 611 | 41 798 |
| Net profit | 24 393 | 34 061 | 89 077 | 50 046 | 140 987 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 1 092 086 | 1 837 966 | 1 947 926 | 1 876 523 | 1 917 471 |
| Equity | 215 835 | 967 898 | 1 007 143 | 1 029 921 | 1 070 869 |
| Long-term debt | 132 396 | 632 643 | 676 407 | 551 444 | 345 326 |
| Short-term debt | 728 030 | 220 146 | 233 017 | 262 201 | 475 425 |
| Total debt | 860 426 | 852 789 | 909 424 | 813 646 | 820 751 |
EBITDA margin
37.0%
This company
15.8%
Market median
+134% vs market
20202024
Equity ratio
55.8%
This company
38.2%
Market median
+46% vs market
20202024
Return on equity
13.2%
This company
18.4%
Market median
+28% vs market
20202024
Net profit margin
13.2%
This company
8.1%
Market median
+63% vs market
20202024
Asset turnover
0.56×
This company
1.12×
Market median
-50% vs market
20202024
Debt / equity
0.79×
This company
0.62×
Market median
+27% vs market
20202024
- 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
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2022 | |
| Board of Directors | 2025 | |
| Chairman | 2022 | |
| Board of Directors | 2025 | |
| Board of Directors | 2025 | |
| Former (4) | ||
| Board of Directors | 2020 – 2022 | |
| Board of Directors | 2022 – 2025 | |
| Board of Directors | 2022 – 2022 | |
| Board of Directors | 2022 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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Algeco Nordics As
ALGECO NORWAY AS Board members of ALGECO NORWAY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Sundip Thakrar | Board of Directors | 0 companies |
| Ian Michael Ratcliffe | Board of Directors | 0 companies |
| James Stewart Christopher Odom | Board of Directors | 0 companies |
| James Howard O'Malley | Board of Directors | 0 companies |
| Simon Ruud | Board of Directors | 0 companies |
| Steinar Aasland | Chairman | 0 companies |
| Mette Ferkingstad | Board of Directors | 0 companies |
| Elisha Siobhan Mc Auliffe Murphy | Board of Directors | 0 companies |
| Olav Rage | Board of Directors | 0 companies |