ALGECO NORDICS AS

925268771AksjeselskapMVA

Municipality

STAVANGER

Founded

22.06.2020

Roles

Company details

Business address: Maskinveien 28, 4033 STAVANGER
Municipality: Stavanger
Industry: 41.000 Oppføring av bygninger
Sector: Private aksjeselskaper mv.
Share capital: 44 080 548 kr(22 040 274 shares)
Registered: 29.06.2020
Purpose: Å eie aksjer og andre aktiva og å utøve annen virksomhet i forbindelse med dette.

Board and management

Styre og ledelse

Mette Ferkingstad

Styremedlem

James Stewart Christopher Odom

Styremedlem

Steinar Aasland

Styrets leder

Revisor

ERNST & YOUNG AS

Is revisor for 12 430 companies

Revisor

Regnskapsfører

PWC TAX SERVICES AS

Is regnskapsfører for 338 companies

Regnskapsfører

Subunits (1)

ALGECO NORDICS AS925357359

Oppføring av bygninger

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Financials2025

Operating result

-15.5 mill

Net result

123.0 mill

Assets

3.3 mrd

Equity

3.2 mrd

Debt

33.8 mill

Year	Revenue	Operating result	Net result	Assets
2025	—	-15.5 mill	123.0 mill	3.3 mrd
2024	—	-1.1 mill	67.8 mill	4.1 mrd

Financial health check

Equity ratio

Very good

Current ratio

Very good

Profitability

Weak

Income statement and balance sheet

	2025	2024
Income statement
Revenue	—	—
Operating costs	15.5 mill	1.1 mill
= Operating result	-15.5 mill	-1.1 mill
Net finance	171.8 mill	92.6 mill
= Net result	123.0 mill	67.8 mill
Balance sheet
Fixed assets	3.1 mrd	4.0 mrd
Current assets	175.4 mill	90.8 mill
= Total assets	3.3 mrd	4.1 mrd
Equity	3.2 mrd	4.1 mrd
Long-term debt	8.3 mill	0
Short-term debt	25.5 mill	13.0 mill
= Total debt	33.8 mill	13.0 mill

Source: Brønnøysund Register Centre

Key Ratios

	2025	2024	Industry (median)
Operating margin	—	—	3.7%
Net margin	—	—	—
Return on assets	4.8%	2.2%	7.2%
Return on equity	3.8%	1.6%	—
Equity ratio	99.0%	99.7%	32.2%
Current ratio	6.89	6.96	1.41
Debt-to-equity	0.01	0.00	1.52