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FOLGEFONNA EIENDOM AS
AS
Active
Org 891633882
Eitrheimsvegen 18, 5750 Odda
Rental and operating of own or leased real estate · NACE 6820
Est. 2007
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 1,4M
-21% vs 2024
EBITDA margin
44.1%
-3% vs 2024
Equity ratio
-3.3%
Financial strength
Net profit 2025
NOK -855K
+7% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2021
1M
+100%
2022
1M
0%
2023
1M
0%
2024
1M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 1,4M
-21%
EBITDA
NOK 628K
-3%
Net profit
NOK -855K
+7%
Total assets
NOK 12,7M
-7%
Equity
NOK -422K
-197%
Employees
0
—
Company information
Legal name
FOLGEFONNA EIENDOM AS
Org number
891633882
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
25. september 2007
Share capital
NOK 2 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Utvikling og utleie av fast eiendom samt beslektet virksomhet herunder deltakelse i andre selskaper.
Contact
Address
Eitrheimsvegen 18, 5750 Odda
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Ullensvang
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
1M
2021
2M
2022
2M
2023
2M
2024
1M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
1M
2023
1M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
858
2 276
2 069
1 792
1 424
Staff expenses
−0
−0
−0
−0
−0
EBITDA
377
1 224
1 248
649
628
Depreciation & amort.
−332
−696
−696
−696
−693
EBIT
45
527
551
−48
−64
Net financials
−348
−627
−808
−867
−790
Profit before tax
−303
−99
−257
−915
−855
Tax
−67
−22
158
−0
−0
Net profit
−236
−78
−415
−915
−855
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
16 667
15 951
15 039
13 738
12 725
Equity
1 840
1 763
1 348
433
−422
Long-term debt
14 714
14 067
13 377
13 012
0
Short-term debt
112
121
315
293
205
Total debt
14 826
14 188
13 692
13 305
13 147
Financial ratios
5-year trend
EBITDA margin
44.1%
This company
15.8%
Market median
+179% vs market
2021
2025
Equity ratio
-3.3%
This company
38.2%
Market median
-109% vs market
2021
2025
Return on equity
-85453800.0%
This company
18.4%
Market median
-464422926% vs market
2021
2025
Net profit margin
-60.0%
This company
8.1%
Market median
-841% vs market
2021
2025
Asset turnover
0.11×
This company
1.12×
Market median
-90% vs market
2021
2025
Debt / equity
31.18×
This company
0.62×
Market median
-4929% vs 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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
ØR
Øyvind Ribesen
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TP
Tor Petter Stensland
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Odda Holding As
Company
50%
50%
2024
Odda Holding As
Company
50%
50%
2023
Hjøllo Eiendom As
Company
50%
50%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Hjøllo Holding As
Hjøllo Eiendom As
FOLGEFONNA EIENDOM AS
(this company)
Board network connections
Board members of FOLGEFONNA EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øyvind Ribesen
Chief Executive Officer
0 companies
Tor Petter Stensland
Chairman
0 companies