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Watercircles Norge AS
AS
Active
Org 995544830
Strandveien 50, 1366
Lysaker
Activities of insurance agents and brokers
·
NACE 6622
Est. 2010 · 16 years old
40 employees
www.watercircles.no
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Share
Norway
/
Companies
/
Activities of insurance agents and brokers
/
Watercircles Norge AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
183M
137M
92M
46M
0M
2020: 81M
81M
2020
2021: 90M (+11% vs 2020)
90M
+11%
2021
2022: 103M (+14% vs 2021)
103M
+14%
2022
2023: 129M (+25% vs 2022)
129M
+25%
2023
2024: 147M (+14% vs 2023)
147M
+14%
2024
EBITDA
NOK millions
18M
5M
-7M
-19M
-32M
2020: -1M
-1M
2020
2021: 8M (+900% vs 2020)
8M
+900%
2021
2022: -7M (-187% vs 2021)
-7M
-187%
2022
2023: -22M (-214% vs 2022)
-22M
-214%
2023
2024: 0M (+100% vs 2023)
0M
+100%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
147 179
128 645
102 949
89 910
81 079
Staff expenses
−50 912
−56 329
−48 010
−36 423
−29 883
EBITDA
202
−22 057
−6 934
7 667
−1 121
Depreciation & amort.
−129
−222
−370
−317
−249
EBIT
72
−22 279
−7 303
7 350
−1 370
Net financials
−1 012
2 299
91
12
14
Profit before tax
−940
−19 980
−7 212
7 362
−1 356
Tax
−0
−0
1 760
1 861
−321
Net profit
−940
−19 980
−8 972
5 501
−1 035
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
173 109
135 964
119 405
103 784
102 389
Equity
−23 209
−22 269
−2 289
6 683
1 181
Long-term debt
0
0
0
30 161
28 749
Short-term debt
196 317
158 233
121 695
66 941
72 459
Total debt
196 317
158 233
121 695
97 102
101 208
Financial ratios
5-year trend
EBITDA margin
0,1 %
This company
15,8 %
Market median
This company
Market median
99% below market
2020
2024
Equity ratio
−13,4 %
This company
38,2 %
Market median
This company
Market median
135% below market
2020
2024
Return on equity
—
This company
18,4 %
Market median
This company
Market median
2020
2024
Net profit margin
−0,6 %
This company
8,1 %
Market median
This company
Market median
107% below market
2020
2024
Asset turnover
0,85×
This company
1,12×
Market median
This company
Market median
24% below market
2020
2024
Debt / equity
—
This company
0,62×
Market median
This company
Market median
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
More on Watercircles Norge AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
