Sameiet Gladengveien 16

ESEKActive

Org 994608339Gladengveien 16, 0661 OsloActivities of households as employers of domestic personnel· NACE 9700Est. 1984 · 42 years old0 employees

Overview

Sameiet Gladengveien 16 is a Norwegian ESEK based in Oslo, operating in the Activities of households as employers of domestic personnel sector. Incorporated in 1984, the company has 0 employees and reported revenue of NOK 1.0m in its latest annual filing.

Revenue 2016

1M NOK

−8% vs 2015

EBITDA margin

9.3 %

−38% vs 2015

Net profit 2016

0.1M NOK

-40% vs 2015

Key ratios

See full ratios →

90.1 %

Very strong

Among the 20% highest rated companies in the industry

20142016

10.1×

Strong

Among the 40% highest rated companies in the industry

20142016

8.3 %

Strong

Among the 40% highest rated companies in the industry

20142016

EBITDA — year on year

NOK thousands

Key figures

Annual report 2016

Revenue	1M NOK	-8%
EBITDA	0.1M NOK	-38%
Net profit	0.1M NOK	-40%
Total assets	1.2M NOK	+18%
Equity	1.1M NOK	+10%
Employees	0	—

Financial development

In its most recent annual report (2016), Sameiet Gladengveien 16 reported revenue of NOK 1.0m, a decrease of 8% on the year before. The figures on this page draw on 3 annual filings covering 2014 to 2016. The bottom line showed a net profit of NOK 97.5k, and the EBITDA margin stood at 9.3%.

At the end of 2016, equity financed 90.1% of the balance sheet, and current assets covered short-term debt 10.1 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2016	2015	2014
Revenue	1,039	1,130	1,038
Staff expenses	-40	-40	-40
EBITDA	96	155	111
Depreciation & amort.	-0	-0	-0
EBIT	96	155	111
Net financials	1	7	3
Profit before tax	97	162	113
Tax	-0	-0	-0
Net profit	97	162	113

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Balance sheet

NOK thousands

Item	2016	2015	2014
Total assets	1,179	999	691
Equity	1,062	964	802
Long-term debt	0	0	0
Short-term debt	117	35	-111
Total debt	117	35	-111

Financial ratios

5-year trend

EBITDA margin

9.3 %

20142016

Equity ratio

90.1 %

Very strong

Among the 20% highest rated companies in the industry

20142016

Return on equity

9.2 %

Average

Around the average of companies in the same industry

20142016

Net profit margin

9.4 %

Average

Around the average of companies in the same industry

20142016

Asset turnover

0.88×

Average

Around the average of companies in the same industry

20142016

Debt / equity

0.11×

Very strong

Among the 20% highest rated companies in the industry

20142016

Sector performance

25 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 10% 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 marginWeak

Among the 40% 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 marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest 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)Average

Around the average of companies in the same 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)Strong

Among the 40% highest 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 40% 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 ratioStrong

Among the 40% highest rated companies in the 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 ratioStrong

Among the 40% highest 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 ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same 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 ratioVery strong

Among the 20% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 20% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 20% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 20% highest 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 strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 20% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 40% highest rated companies in the industry

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.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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 capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

Annual reports & filings

Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
View PDF
Annual report 2014
Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


SM Sultan Mahmood Contact Person	Contact Person	2021 – 2025
SA Svein Andersson Contact Person	Contact Person	2016 – 2023
UE Unni Ekren Contact Person	Contact Person	2025 – 2026

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
TM Tariq Mahmood Board of Directors	Board of Directors	2016
AV Atle Våge Board of Directors	Board of Directors	2025
UE Unni Ekren Chairman	Chairman	2025

Former (4)


OR Oddvar Refsland Chairman	Chairman	2023 – 2025
OG Odd Gunnar Østensen Board of Directors	Board of Directors	2016 – 2023
SM Sultan Mahmood Board of Directors	Board of Directors	2023 – 2025
SA Svein Andersson Chairman	Chairman	2016 – 2023

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Sameiet Gladengveien 16 also hold positions in 96 other companies.

Person	Role here	Other companies
Atle Våge	Board of Directors	27 companiesMany roles
Tariq Mahmood	Board of Directors	24 companiesMany roles
Unni Ekren	Contact Person	23 companiesMany roles
Oddvar Refsland	Chairman	10 companiesMany roles
Sultan Mahmood	Contact Person	8 companiesMany roles
Svein Andersson	Contact Person	2 companies
Odd Gunnar Østensen	Board of Directors	2 companies

Frequently asked questions

What is the Org number of Sameiet Gladengveien 16?

Sameiet Gladengveien 16 is registered with Brønnøysundsregistrene under Org 994608339.

What is the revenue of Sameiet Gladengveien 16?

Sameiet Gladengveien 16 reported revenue of NOK 1.0m in 2016.

Who is the chairman of Sameiet Gladengveien 16?

Unni Ekren chairs the board of Sameiet Gladengveien 16, in role since 2025.

Where is Sameiet Gladengveien 16 headquartered?

Sameiet Gladengveien 16's registered address is Gladengveien 16.