Sameiet Wessels Gate 2

ESEKActive

Org 997689224Konghellegata 3, 0569 OsloActivities of households as employers of domestic personnel· NACE 9700Est. 2004 · 21 years old0 employeeshttps://www.enqvist.no

Overview

Sameiet Wessels Gate 2 is a Norwegian ESEK based in Oslo, operating in the Activities of households as employers of domestic personnel sector. Incorporated in 2004, the company has 0 employees and reported revenue of NOK 849.4k in its latest annual filing.

Revenue 2023

0.8M NOK

+4% vs 2022

EBITDA margin

−6.0 %

+64% vs 2022

Net profit 2023

-0.2M NOK

+11% vs 2022

Key ratios

See full ratios →

-308.5 %

Very weak

Among the 10% lowest rated companies in the industry

20192023

7.2×

Average

Around the average of companies in the same industry

20192023

-31.0 %

Very weak

Among the 10% lowest rated companies in the industry

20192023

EBITDA — year on year

NOK thousands

Key figures

Annual report 2023

Revenue	0.8M NOK	+4%
EBITDA	-0.1M NOK	+64%
Net profit	-0.2M NOK	+11%
Total assets	0.7M NOK	+65%
Equity	-2.2M NOK	-11%
Employees	0	—

Contact

Address

Konghellegata 3, 0569 Oslo

Website

https://www.enqvist.no

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Financial development

In its most recent annual report (2023), Sameiet Wessels Gate 2 reported revenue of NOK 849.4k, an increase of 4% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net loss of NOK 223.0k, and the EBITDA margin stood at -6%.

At the end of 2023, current assets covered short-term debt 7.2 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2023	2022	2021	2020	2019
Revenue	849	821	724	716	690
Staff expenses	-23	-23	-23	-22	-23
EBITDA	-51	-140	268	217	194
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-51	-140	268	217	194
Net financials	-172	-109	-82	-82	-90
Profit before tax	0	0	0	0	0
Tax	-0	-0	-0	-0	-0
Net profit	-223	-249	186	135	104

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Balance sheet

NOK thousands

Item	2023	2022	2021	2020	2019
Total assets	720	436	560	119	185
Equity	-2,221	-1,998	-1,749	-1,935	-2,070
Long-term debt	0	0	0	0	0
Short-term debt	101	55	48	23	100
Total debt	2,941	2,434	2,309	2,053	2,254

Financial ratios

5-year trend

EBITDA margin

-6.0 %

20192023

Equity ratio

-308.5 %

Very weak

Among the 10% lowest rated companies in the industry

20192023

Return on equity

—

20192023

Net profit margin

-26.3 %

Very weak

Among the 10% lowest rated companies in the industry

20192023

Asset turnover

1.18×

Strong

Among the 40% highest rated companies in the industry

20192023

Debt / equity

—

20192023

Sector performance

18 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 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 10% 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 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.

Basic earning power (BEP)Very weak

Among the 20% 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 ratioVery weak

Among the 20% 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.

Return on equity (ROE)Not rated

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

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

Return on net assets (RONA)Not rated

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

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

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 ratioAverage

Around the average of companies in the same 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 40% highest rated companies in the industry

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

Cash conversion ratioVery weak

Among the 20% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

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

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 capitalNot rated

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

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.

Debt & solvency

Solidity ratioVery weak

Among the 10% lowest 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 weak

Among the 10% lowest rated companies in the industry

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

Income to debtVery weak

Among the 20% lowest rated companies in the industry

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

EBITDA to debtWeak

Among the 30% lowest 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 marginVery weak

Among the 10% lowest 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.

Debt to equityNot rated

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

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

Liabilities to equityNot rated

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

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

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 turnoverStrong

Among the 40% highest rated companies in the industry

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

One-year change in debtVery weak

Among the 20% 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.

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.

Annual reports & filings

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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Sameiet Wessels Gate 2?

Sameiet Wessels Gate 2 is registered with Brønnøysundsregistrene under Org 997689224.

What is the revenue of Sameiet Wessels Gate 2?

Sameiet Wessels Gate 2 reported revenue of NOK 849.4k in 2023.

Where is Sameiet Wessels Gate 2 headquartered?

Sameiet Wessels Gate 2's registered address is Konghellegata 3.