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LECO AS
AS
Active
Org 990078165
Frodes Gate 7A, 4041 Hafrsfjord
Temporary employment agency activities and other human resource provisions · NACE 7820
Est. 2006
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,1M
+54% vs 2023
EBITDA margin
-1.2%
-353% vs 2023
Equity ratio
-8.4%
Financial strength
Net profit 2024
NOK 24K
+114% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,1M
+54%
EBITDA
NOK -13K
-353%
Net profit
NOK 24K
+114%
Total assets
NOK 152K
-21%
Equity
NOK -13K
+65%
Employees
1
—
Company information
Legal name
LECO AS
Org number
990078165
Legal form
Aksjeselskap
NACE code
7820 · Temporary employment agency activities and other human resource provisions
Founded
26. juli 2006
Share capital
NOK 458 571
Employees
1 (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
Investeringer i verdipapirer.
Contact
Address
Frodes Gate 7A, 4041 Hafrsfjord
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Companies in Temporary employment agency activities and other human resource provisions
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
51
205
161
689
1 060
Staff expenses
−0
−26
−352
−604
−863
EBITDA
16
151
−241
5
−13
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
16
151
−241
5
−13
Net financials
−0
0
477
−4
−1
Profit before tax
16
151
236
2
−14
Tax
4
25
−67
−10
−39
Net profit
13
125
302
11
24
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
605
618
298
192
152
Equity
−420
−302
0
−37
−13
Long-term debt
912
831
236
72
0
Short-term debt
113
89
61
157
165
Total debt
1 025
921
298
229
165
Financial ratios
5-year trend
EBITDA margin
-1.2%
This company
15.8%
Market median
-108% vs market
2020
2024
Equity ratio
-8.4%
This company
38.2%
Market median
-122% vs market
2020
2024
Return on equity
2424700.0%
This company
18.4%
Market median
+13177617% vs market
2020
2024
Net profit margin
2.3%
This company
8.1%
Market median
-72% vs market
2020
2024
Asset turnover
6.96×
This company
1.12×
Market median
+521% vs market
2020
2024
Debt / equity
12.88×
This company
0.62×
Market median
-1977% 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)
AK
Anne Karin Espeland
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
Name
Role
Member since
Current (4)
MO
Maximilian Otto Espeland
Board of Directors
2022
JE
Jørgen Espeland
Chairman
2022
AL
Amalie Louise Espeland
Board of Directors
2022
OR
Oliver Ross Espeland
Board of Directors
2022
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
LECO AS
(this company)
KEEN AS
Board network connections
Board members of LECO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Anne Karin Espeland
Chief Executive Officer
0 companies
Maximilian Otto Espeland
Board of Directors
0 companies
Jørgen Espeland
Chairman
0 companies
Amalie Louise Espeland
Board of Directors
0 companies
Oliver Ross Espeland
Board of Directors
0 companies