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ORIENTAL UNION AS
AS
Active
Org 892065292
Storgata 41, 4307 Sandnes
Restaurant activities · NACE 5611
Est. 2008
13 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8,2M
+15% vs 2023
EBITDA margin
10.4%
+32933% vs 2023
Equity ratio
48.8%
Financial strength
Net profit 2024
NOK 620K
+1949% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
0M
-100%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 8,2M
+15%
EBITDA
NOK 858K
+32933%
Net profit
NOK 620K
+1949%
Total assets
NOK 2,7M
+72%
Equity
NOK 1,3M
+89%
Employees
13
—
Company information
Legal name
ORIENTAL UNION AS
Org number
892065292
Legal form
Aksjeselskap
NACE code
5611 · Restaurant activities
Founded
15. januar 2008
Share capital
NOK 100 000
Employees
13 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Restaurantdrift og ellers hva som heri står i forbindelse.
Contact
Address
Storgata 41, 4307 Sandnes
Phone
+4751895254
Email
stavanger@isu-norway.no
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Companies in Restaurant activities
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Revenue
NOK millions
0M
2M
5M
7M
9M
5M
2020
5M
2021
7M
2022
7M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 544
4 988
6 828
7 190
8 242
Staff expenses
−2 165
−1 995
−3 199
−3 650
−3 636
EBITDA
46
672
−84
3
858
Depreciation & amort.
−0
−0
−0
−0
−73
EBIT
46
672
−84
3
784
Net financials
−18
−19
−36
−36
−27
Profit before tax
29
653
−119
−34
758
Tax
−0
119
−0
−0
138
Net profit
29
534
−119
−34
620
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 064
1 706
1 714
1 568
2 700
Equity
318
852
732
699
1 319
Long-term debt
0
0
0
0
0
Short-term debt
747
855
982
869
1 382
Total debt
747
855
982
869
1 382
Financial ratios
5-year trend
EBITDA margin
10.4%
This company
15.8%
Market median
-34% vs market
2020
2024
Equity ratio
48.8%
This company
38.2%
Market median
+28% vs market
2020
2024
Return on equity
47.0%
This company
18.4%
Market median
+155% vs market
2020
2024
Net profit margin
7.5%
This company
8.1%
Market median
-7% vs market
2020
2024
Asset turnover
3.05×
This company
1.12×
Market median
+172% vs market
2020
2024
Debt / equity
1.05×
This company
0.62×
Market median
-69% 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
Name
Role
Member since
Current (1)
EZ
Erik Zi Hui Luo
Chief Executive Officer
Chief Executive Officer
2015
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DP
Deon Ping Luo
Chairman
2015
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.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ORIENTAL UNION AS also hold positions in
0
other companies.
Person
Role here
Other companies
Erik Zi Hui Luo
Chief Executive Officer
0 companies
Deon Ping Luo
Chairman
0 companies