Skip to content
Riskpilot
← Back to search
Sign in
Sign in
Get full access
Underground Golf Holding AS
AS
Active
Org 823545622
Industrigata 36, 0357
Oslo
Restaurant activities
·
NACE 5611
Est. 2019 · 6 years old
6 employees
Monitor
Share
Norway
/
Companies
/
Restaurant activities
/
Underground Golf Holding AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
16M
12M
8M
4M
0M
2021: 4M
4M
2021
2022: 3M (-25% vs 2021)
3M
-25%
2022
2023: 6M (+100% vs 2022)
6M
+100%
2023
2024: 5M (-17% vs 2023)
5M
-17%
2024
2025: 13M (+160% vs 2024)
13M
+160%
2025
EBITDA
NOK millions
11M
7M
4M
0M
-4M
2021: 4M
4M
2021
2022: 2M (-50% vs 2021)
2M
-50%
2022
2023: 2M (0% vs 2022)
2M
0%
2023
2024: -1M (-150% vs 2023)
-1M
-150%
2024
2025: 8M (+900% vs 2024)
8M
+900%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
13 123
5 364
5 919
2 500
3 848
Staff expenses
−3 763
−4 703
−4 056
−0
−0
EBITDA
8 071
−1 210
1 503
1 976
3 820
Depreciation & amort.
−0
−29
−36
−0
−0
EBIT
8 071
−1 239
1 467
1 976
3 820
Net financials
1 238
1 819
2 430
4 068
0
Profit before tax
9 309
579
3 897
6 044
3 820
Tax
1 863
−0
858
1 330
829
Net profit
7 446
579
3 039
4 714
2 991
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
27 267
30 569
24 066
15 167
14 847
Equity
7 629
9 183
8 501
9 944
8 657
Long-term debt
5
6 000
0
0
3 500
Short-term debt
19 633
15 386
15 565
5 223
2 690
Total debt
19 638
21 386
15 565
5 223
6 190
Financial ratios
5-year trend
EBITDA margin
61,5 %
This company
15,8 %
Market median
This company
Market median
289% above market
2021
2025
Equity ratio
28,0 %
This company
38,2 %
Market median
This company
Market median
27% below market
2021
2025
Return on equity
97,6 %
This company
18,4 %
Market median
This company
Market median
430% above market
2021
2025
Net profit margin
56,7 %
This company
8,1 %
Market median
This company
Market median
600% above market
2021
2025
Asset turnover
0,48×
This company
1,12×
Market median
This company
Market median
57% below market
2021
2025
Debt / equity
2,57×
This company
0,62×
Market median
This company
Market median
315% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
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
More on Underground Golf Holding AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network