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Olav Hovde AS
AS
Active
Org 887832552
Lille Almerudvegen 6, 2387
Brumunddal
Site preparation
·
NACE 4312
Est. 2005 · 21 years old
6 employees
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Norway
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Companies
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Site preparation
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Olav Hovde AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
20M
15M
10M
5M
0M
2021: 12M
12M
2021
2022: 11M (-8% vs 2021)
11M
-8%
2022
2023: 16M (+45% vs 2022)
16M
+45%
2023
2024: 13M (-19% vs 2023)
13M
-19%
2024
2025: 10M (-23% vs 2024)
10M
-23%
2025
EBITDA
NOK millions
2M
1M
0M
-1M
-2M
2021: 1M
1M
2021
2022: 0M (-100% vs 2021)
0M
-100%
2022
2023: 0M
0M
2023
2024: -1M
-1M
2024
2025: 1M (+200% vs 2024)
1M
+200%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
10 284
12 535
16 413
11 024
11 602
Staff expenses
−2 562
−3 145
−3 655
−2 527
−2 615
EBITDA
772
−1 095
−64
87
764
Depreciation & amort.
−145
−149
−137
−174
−235
EBIT
627
−1 244
−201
−86
529
Net financials
−336
−402
−175
−129
−79
Profit before tax
290
−1 646
−375
−216
450
Tax
64
−362
−82
−47
99
Net profit
227
−1 284
−293
−169
351
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
3 428
5 189
7 539
3 861
5 367
Equity
−273
−500
784
1 077
1 246
Long-term debt
0
1 023
566
265
372
Short-term debt
3 378
4 666
6 190
2 519
3 749
Total debt
3 702
5 689
6 755
2 784
4 121
Financial ratios
5-year trend
EBITDA margin
7,5 %
This company
15,8 %
Market median
This company
Market median
53% below market
2021
2025
Equity ratio
−8,0 %
This company
38,2 %
Market median
This company
Market median
121% below market
2021
2025
Return on equity
—
This company
18,4 %
Market median
This company
Market median
2021
2025
Net profit margin
2,2 %
This company
8,1 %
Market median
This company
Market median
73% below market
2021
2025
Asset turnover
3,00×
This company
1,12×
Market median
This company
Market median
168% above market
2021
2025
Debt / equity
—
This company
0,62×
Market median
This company
Market median
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 Olav Hovde AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
