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OLSVIKA UTVIKLING AS
AS
Active
Org 821172772
Borgundvegen 963, 6017 Ålesund
Construction of residential and non-residential buildings · NACE 4100
Est. 2018
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2022
NOK 3,6M
+2% vs 2021
EBITDA margin
12.1%
+176% vs 2021
Equity ratio
19.7%
Financial strength
Net profit 2022
NOK 311K
+156% vs 2021
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
0M
2018
1M
+100%
2019
1M
0%
2020
-1M
-200%
2021
0M
+100%
2022
Key figures
Annual report 2022
Revenue
NOK 3,6M
+2%
EBITDA
NOK 439K
+176%
Net profit
NOK 311K
+156%
Total assets
NOK 2,7M
-32%
Equity
NOK 539K
+136%
Employees
0
—
Company information
Legal name
OLSVIKA UTVIKLING AS
Org number
821172772
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
17. juli 2018
Share capital
NOK 36 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Oppføring og salg av bygninger.
Contact
Address
Borgundvegen 963, 6017 Ålesund
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Explore
Companies in Construction of residential and non-residential buildings
Companies in Ålesund
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
0M
2018
1M
2019
2M
2020
4M
2021
4M
2022
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2018
1M
2019
1M
2020
-1M
2021
0M
2022
Income statement
NOK thousands
Item
2018
2019
2020
2021
2022
Revenue
0
1 054
2 014
3 547
3 635
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−11
1 041
502
−575
439
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−11
1 041
502
−575
439
Net financials
0
−141
−21
−141
−38
Profit before tax
−11
900
482
−716
401
Tax
−0
196
106
−158
91
Net profit
−11
704
375
−559
311
Balance sheet
NOK thousands
Item
2018
2019
2020
2021
2022
Total assets
4 793
3 359
4 146
4 042
2 733
Equity
25
412
787
228
539
Long-term debt
2 482
0
2 000
2 886
1 613
Short-term debt
2 286
2 948
1 359
927
581
Total debt
4 768
2 948
3 359
3 814
2 194
Financial ratios
5-year trend
EBITDA margin
12.1%
This company
15.8%
Market median
-23% vs market
2018
2022
Equity ratio
19.7%
This company
38.2%
Market median
-48% vs market
2018
2022
Return on equity
57.6%
This company
18.4%
Market median
+213% vs market
2018
2022
Net profit margin
8.5%
This company
8.1%
Market median
+5% vs market
2018
2022
Asset turnover
1.33×
This company
1.12×
Market median
+19% vs market
2018
2022
Debt / equity
4.07×
This company
0.62×
Market median
-556% vs market
2018
2022
Annual reports & filings
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
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SS
Sindre Standal
Chairman
2018
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of OLSVIKA UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Sindre Standal
Chairman
0 companies