Loading company…
Riskpilot
← Back to search
Sign in
Get full access
RATHCALED DEVELOPEMENTS LIMITED
NUF
Active
Org 997218450
Construction of residential and non-residential buildings · NACE 4100
Est. 2011
27 employees
Watchlist
Share
Download PDF
Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 38,5M
-2% vs 2023
EBITDA margin
4.8%
-31% vs 2023
Equity ratio
14.0%
Financial strength
Net profit 2024
NOK 1,2M
-31% vs 2023
EBITDA — year on year
NOK millions
0M
1M
2M
3M
4M
0M
2020
0M
0%
2021
1M
+100%
2022
3M
+200%
2023
2M
-33%
2024
Key figures
Annual report 2024
Revenue
NOK 38,5M
-2%
EBITDA
NOK 1,9M
-31%
Net profit
NOK 1,2M
-31%
Total assets
NOK 39,3M
+30%
Equity
NOK 5,5M
+29%
Employees
27
—
Company information
Legal name
RATHCALED DEVELOPEMENTS LIMITED
Org number
997218450
Legal form
Norskregistrert Utenlandsk Foretak
NACE code
4100 · Construction of residential and non-residential buildings
Founded
13. august 2011
Share capital
—
Employees
27 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Construction of residential and non-residential buildings
Companies in
All Norway companies
Revenue
NOK millions
0M
11M
22M
34M
45M
29M
2020
18M
2021
28M
2022
39M
2023
38M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
0M
2020
0M
2021
1M
2022
3M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
29 319
18 251
27 799
39 330
38 486
Staff expenses
−0
−12 095
−0
−0
−0
EBITDA
134
−455
1 295
2 705
1 855
Depreciation & amort.
−70
−209
−325
−398
−263
EBIT
64
−664
969
2 307
1 592
Net financials
1
−1
24
59
68
Profit before tax
65
−664
993
2 367
1 660
Tax
15
−15
−0
−0
−0
Net profit
50
−649
869
1 787
1 231
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
16 461
34 649
39 044
30 157
39 291
Equity
2 277
1 628
2 498
4 284
5 516
Long-term debt
15
0
0
0
0
Short-term debt
14 168
33 020
36 547
25 873
33 775
Total debt
14 184
33 020
36 547
25 873
33 775
Financial ratios
5-year trend
EBITDA margin
4.8%
This company
15.8%
Market median
-70% vs market
2020
2024
Equity ratio
14.0%
This company
38.2%
Market median
-63% vs market
2020
2024
Return on equity
22.3%
This company
18.4%
Market median
+21% vs market
2020
2024
Net profit margin
3.2%
This company
8.1%
Market median
-60% vs market
2020
2024
Asset turnover
0.98×
This company
1.12×
Market median
+13% vs market
2020
2024
Debt / equity
6.12×
This company
0.62×
Market median
-887% 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
Age
Other directorships
EM
Einar Magne Helset
Contact Person
Contact Person
2011
—
—
AG
Andreas Granrud Helset
Contact Person
Contact Person
2024
—
—
Board of directors
Non-executive oversight
No data on file.
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
No registered parent or subsidiaries
Board network connections
Board members of RATHCALED DEVELOPEMENTS LIMITED also hold positions in
0
other companies.
Person
Role here
Other companies
Einar Magne Helset
Contact Person
0 companies
Andreas Granrud Helset
Contact Person
0 companies