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WELL ESTATE AS
AS
Active
Org 987782668
Operagata 65A, 0194 Oslo
Economic activity was not specified by tax authority · NACE 0000
Est. 2005
0 employees
www.evolve.no
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 11,2M
+810% vs 2023
EBITDA margin
38.2%
+282% vs 2023
Equity ratio
58.0%
Financial strength
Net profit 2024
NOK 2M
+129% vs 2023
EBITDA — year on year
NOK millions
5M
3M
1M
-1M
-3M
0M
2020
-2M
-200%
2021
-2M
0%
2022
-2M
0%
2023
4M
+300%
2024
Key figures
Annual report 2024
Revenue
NOK 11,2M
+810%
EBITDA
NOK 4,3M
+282%
Net profit
NOK 2M
+129%
Total assets
NOK 114,9M
-9%
Equity
NOK 66,7M
-2%
Employees
0
—
Company information
Legal name
WELL ESTATE AS
Org number
987782668
Legal form
Aksjeselskap
NACE code
0000 · Economic activity was not specified by tax authority
Founded
5. februar 2005
Share capital
NOK 142 400
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Handels-, investerings- og eiendomsvirksomhet, samt å delta i andre selskaper med slik virksomhet.
Contact
Address
Operagata 65A, 0194 Oslo
Website
www.evolve.no
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Explore
Companies in Economic activity was not specified by tax authority
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
13M
1M
2020
1M
2021
0M
2022
1M
2023
11M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
0M
2020
-2M
2021
-2M
2022
-2M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
753
701
258
1 231
11 201
Staff expenses
−15
−58
−45
−14
−0
EBITDA
270
−1 759
−1 722
−2 352
4 281
Depreciation & amort.
−175
−379
−418
−233
−167
EBIT
94
−2 138
−2 140
−2 585
4 114
Net financials
99 979
−1 132
−8 850
−4 310
−2 097
Profit before tax
100 073
−3 270
−10 989
−6 895
2 017
Tax
137
−0
−0
−0
−0
Net profit
99 936
−3 270
−10 989
−6 895
2 017
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
101 314
109 723
128 751
125 830
114 948
Equity
95 477
92 207
78 018
67 923
66 653
Long-term debt
0
17 250
49 350
54 199
46 916
Short-term debt
5 837
266
1 383
3 708
1 379
Total debt
5 837
17 516
50 733
57 907
48 295
Financial ratios
5-year trend
EBITDA margin
38.2%
This company
15.8%
Market median
+142% vs market
2020
2024
Equity ratio
58.0%
This company
38.2%
Market median
+52% vs market
2020
2024
Return on equity
3.0%
This company
18.4%
Market median
-84% vs market
2020
2024
Net profit margin
18.0%
This company
8.1%
Market median
+122% vs market
2020
2024
Asset turnover
0.10×
This company
1.12×
Market median
-91% vs market
2020
2024
Debt / equity
0.72×
This company
0.62×
Market median
+16% 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)
MA
Marianne Austgard Wollan
Chairman
2015
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
WELL ESTATE AS
(this company)
A-ONE AS
Board network connections
Board members of WELL ESTATE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Marianne Austgard Wollan
Chairman
0 companies