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SAGA WELCO AS

SAGA WELCO AS961 705 096

Shipping
Limited company
Tollbodgaten 22 3111 TØNSBERG, Norge

SAGA WELCO AS

Saga Welco | Frontpage
Saga Welco is a global shipping company that offers high quality solutions for the transportation of forest products, breakbulk and bulk cargoes. A modern…

Keywords

freight transportshipsforeign shipping

Links

Organization

Chairman of the board
Years since formation
29 years
since Mar 12, 1995
Type
Limited company
VAT registered
Yes
Number of employees
43

Ownership

Number of shares and share classes
5,000
1 share class
Total number of shareholders
2
1 company, 1 person

Financials

Total operating income 2023
25,707,040
NOK
Annual total result 2023
174,374
NOK
Total equity 2023
7,133,694
NOK
Last update: Nov 21, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-
Alternate Member-
Alternate Member-
Alternate Member-
Board Member-
Board Member-
Alternate Member-

Others

NameRoleShares
K
KPMG AS
Auditor-
A
AZETS INSIGHT AS
Accountant-
Last update: Jun 27, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
A
ARMADORA AS
Ordinary shares
2,500
50 %
Ordinary shares
2,500
50 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
25,707,040
27,381,489
23,993,237
Annual Total Result
174,374
485,878
1,013,880
Total assets
11,615,793
13,264,298
11,665,789
Total liabilities
4,482,098
6,304,977
5,192,347
Total equity
7,133,694
6,959,321
6,473,442

P&L

Year202320222021
Total operating income
25,707,040
27,381,489
23,993,237
Total operating costs
24,519,428
26,636,590
23,903,618
Operating result
1,187,612
744,899
89,619
Financial income/costs
-910,514
6,454
1,062,921
Profit before tax
277,098
751,353
1,152,540
Total tax & extraordinary income/cost
102,724
265,475
138,660
Annual Total Result
174,374
485,878
1,013,880

Balance overview

Year202320222021
Total fixed assets
4,864,499
4,827,294
5,005,483
Total current assets
6,751,294
8,437,004
6,660,306
Total assets
11,615,793
13,264,298
11,665,789
Short term debt
3,670,270
5,464,560
3,758,383
Long term debt
811,828
840,417
1,433,964
Total liabilities
4,482,098
6,304,977
5,192,347
Contributed capital
283,800
283,800
283,800
Retained earnings
6,849,894
6,675,521
6,189,642
Total equity
7,133,694
6,959,321
6,473,442
Total equity and liabilities
11,615,792
13,264,298
11,665,789

Classification

Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
H
Main industrial area
Transportation and storage
50
Activity
Water transport
50.2
Main industrial group
Sea and coastal freight water transport
50.20
Industrial group
Sea and coastal freight water transport
50.201
Industrial group
Freight ocean transport