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TORVKVARTALET AS
AS
Active
Org 887033242
Markens Gate 30, 4611 Kristiansand S
Rental and operating of own or leased real estate · NACE 6820
Est. 2004
0 employees
www.torvkvartalet.no
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 41,6M
+220% vs 2023
EBITDA margin
55.9%
+561% vs 2023
Equity ratio
17.8%
Financial strength
Net profit 2024
NOK -8,8M
+72% vs 2023
EBITDA — year on year
NOK millions
58M
42M
26M
10M
-6M
46M
2020
44M
-4%
2021
22M
-50%
2022
-5M
-123%
2023
23M
+560%
2024
Key figures
Annual report 2024
Revenue
NOK 41,6M
+220%
EBITDA
NOK 23,3M
+561%
Net profit
NOK -8,8M
+72%
Total assets
NOK 792,4M
-3%
Equity
NOK 140,7M
-12%
Employees
0
—
Company information
Legal name
TORVKVARTALET AS
Org number
887033242
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
5. juli 2004
Share capital
NOK 100 000 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Investere i eiendom, herunder drive utleievirksomhet, samt hva som hermed står i forbindelse.
Contact
Address
Markens Gate 30, 4611 Kristiansand S
Website
www.torvkvartalet.no
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Kristiansand
All Norway companies
Revenue
NOK millions
0M
20M
40M
60M
79M
69M
2020
57M
2021
45M
2022
13M
2023
42M
2024
EBITDA
NOK millions
0M
13M
26M
40M
53M
46M
2020
44M
2021
22M
2022
-5M
2023
23M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
69 337
57 187
44 559
13 031
41 648
Staff expenses
−44
−51
−29
−29
−17
EBITDA
46 483
44 459
22 485
−5 056
23 289
Depreciation & amort.
−37
−37
−37
−37
−57
EBIT
46 445
44 422
22 447
−5 093
23 232
Net financials
−40 182
−10 329
−11 309
−33 868
−35 171
Profit before tax
6 263
34 093
11 139
−38 961
−11 939
Tax
5 297
5 018
−323
−8 087
−3 170
Net profit
966
29 074
11 462
−30 874
−8 769
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
878 685
882 817
873 053
819 031
792 384
Equity
173 719
202 417
200 330
159 456
140 687
Long-term debt
687 320
662 306
641 655
625 569
614 399
Short-term debt
17 646
18 094
31 067
34 006
37 299
Total debt
704 966
680 400
672 722
659 575
651 697
Financial ratios
5-year trend
EBITDA margin
55.9%
This company
15.8%
Market median
+254% vs market
2020
2024
Equity ratio
17.8%
This company
38.2%
Market median
-53% vs market
2020
2024
Return on equity
-6.2%
This company
18.4%
Market median
-134% vs market
2020
2024
Net profit margin
-21.1%
This company
8.1%
Market median
-360% vs market
2020
2024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
4.63×
This company
0.62×
Market median
-647% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JM
Jon Martin Bjørgum
Chairman
2021
Former (2)
OG
Ole-Ragnar Gunerius Olsen
Board of Directors
2018 – 2021
IM
Ivar Mjåland
Board of Directors
2018 – 2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Torvet Krs As
Company
100%
100%
2024
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Company hierarchy
Tevi Invest As
Guvi Invest As
Torvet Krs As
TORVKVARTALET AS
(this company)
Kvadraturen Gårdeierforening As
Board network connections
Board members of TORVKVARTALET AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ole-Ragnar Gunerius Olsen
Board of Directors
0 companies
Ivar Mjåland
Board of Directors
0 companies
Jon Martin Bjørgum
Chairman
0 companies