WPC AS
ASDissolvedOrg 932911450Habornveien 53, 1630 Gamle FredrikstadWholesale of wood, construction materials and sanitary equipment· NACE 4683Est. 2023 · 2 years old0 employees
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Overview
WPC AS is a Norwegian AS based in Gamle Fredrikstad, operating in the Wholesale of wood, construction materials and sanitary equipment sector. Incorporated in 2023, the company has 0 employees and reported revenue of NOK 3.6m in its latest annual filing.
Revenue 2024
3.6M NOK
EBITDA margin
−16.4 %
Net profit 2024
-0.6M NOK
0 employees
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
33.2 %
AverageAround the average of companies in the same industry
20242024
Liquidity ratioCurrent assets ÷ Short-term debt
1.5×
AverageAround the average of companies in the same industry
20242024
Return on assets (ROA)Net profit ÷ Total assets × 100
-49.8 %
Very weakAmong the 10% lowest rated companies in the industry
20242024
EBITDA — year on year
NOK thousandsKey figures
Annual report 2024| Revenue | 3.6M NOK | — |
| EBITDA | -0.6M NOK | — |
| Net profit | -0.6M NOK | — |
| Total assets | 1.2M NOK | — |
| Equity | 0.4M NOK | — |
| Employees | 0 | — |
Company information
Legal name
WPC AS
Org number
932911450
Legal form
Aksjeselskap
NACE code
Founded
12 December 2023 · 2 years
Share capital
NOK 100,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Å selge bambusplater.
(no translation available)
Address
Habornveien 53, 1630 Gamle Fredrikstad
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Financial development
In its most recent annual report (2024), WPC AS reported revenue of NOK 3.6m. The bottom line showed a net loss of NOK 596.4k, and the EBITDA margin stood at -16.4%.
At the end of 2024, equity financed 33.2% of the balance sheet, and current assets covered short-term debt 1.5 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2024 |
|---|---|
| Revenue | 3,628 |
| Staff expenses | -1,421 |
| EBITDA | -595 |
| Depreciation & amort. | -0 |
| EBIT | -595 |
| Net financials | -2 |
| Profit before tax | -596 |
| Tax | -0 |
| Net profit | -596 |
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Balance sheet
NOK thousands| Item | 2024 |
|---|---|
| Total assets | 1,197 |
| Equity | 398 |
| Long-term debt | 0 |
| Short-term debt | 799 |
| Total debt | 799 |
Financial ratios
5-year trendEBITDA margin
-16.4 %
20242024
Equity ratio
33.2 %
AverageAround the average of companies in the same industry
20242024
Return on equity
-149.9 %
Very weakAmong the 10% lowest rated companies in the industry
20242024
Net profit margin
-16.4 %
Very weakAmong the 20% lowest rated companies in the industry
20242024
Asset turnover
3.03×
StrongAmong the 30% highest rated companies in the industry
20242024
Debt / equity
2.01×
WeakAmong the 40% lowest rated companies in the industry
20242024
Sector performance
24 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 40% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery weak
Among the 20% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery weak
Among the 20% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 10% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very weak
Among the 10% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioWeak
Among the 40% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityWeak
Among the 30% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery strong
Among the 10% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 40% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 40% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 40% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 10% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 10% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalWeak
Among the 30% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
VB Trustee | Trustee | 2026 |
MA Chief Executive Officer | Chief Executive Officer | 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
MR Board of Directors | Board of Directors | 2024 |
MA Chairman | Chairman | 2025 |
Former (2)
LO Board of Directors | Board of Directors | 2024 – 2025 |
SA Chairman | Chairman | 2024 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 25% | 25% | 2023 | |
| Company | 50% | 50% | 2023 | |
| Company | 25% | 25% | 2023 |
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Related companies
Company hierarchy
Smj Eiendom As
WPC AS Board network connections
Board members of WPC AS also hold positions in 341 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Vigdis Brandstorp | Trustee | 144 companiesMany roles |
| Lars Ove Løseth | Board of Directors | 122 companiesMany roles |
| Ståle Asbjørn Sørbøe | Chairman | 62 companiesMany roles |
| Mads Alexander Sørbøe | Chief Executive Officer | 9 companiesMany roles |
| Martin Rene Olsen | Board of Directors | 4 companies |
Frequently asked questions
What is the Org number of WPC AS?
WPC AS is registered with Brønnøysundsregistrene under Org 932911450.
What is the revenue of WPC AS?
WPC AS reported revenue of NOK 3.6m in 2024.
Who is the CEO of WPC AS?
Mads Alexander Sørbøe is the CEO of WPC AS, in role since 2024.
Who is the chairman of WPC AS?
Mads Alexander Sørbøe chairs the board of WPC AS, in role since 2025.
Where is WPC AS headquartered?
WPC AS's registered address is Habornveien 53.