Sustained record of profitability and strong balance sheet
Appselec's track record of profitability and strong balance sheet provide the financial strength that enables us to be your trusted construction solutions partner. Our strong capital base ensues we are able to adequately fully fund long-term capital intensive projects while at the same have the capacity to flex for rapid growth to align with our clients needs.
A key enabler or our financial strength is our diversified range of construction projects totaling $686M in value over the past 5 years.
2019 Victorian Turnover: $120M
Directly employed Electricians: 367 as at Jan 2020
Public Liability Insurance: $50M
Contract Works Insurance: $70M
Professional Indemnity Insurance: $20M
Banker: National Australia Bank
Ownership: 100% Australian Owned