Financial Strength

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.

Key data:

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