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LETNES EIENDOMSUTVIKLING AS
AS
Active
Org 893891552
Utøyvegen 760, 7670 Inderøy
Development of building projects · NACE 6812
Est. 2009
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,3M
+59% vs 2023
EBITDA margin
63.8%
+41% vs 2023
Equity ratio
17.0%
Financial strength
Net profit 2024
NOK -208K
+34% vs 2023
EBITDA — year on year
NOK millions
10M
8M
5M
3M
0M
3M
2020
8M
+167%
2021
2M
-75%
2022
1M
-50%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2,3M
+59%
EBITDA
NOK 1,5M
+41%
Net profit
NOK -208K
+34%
Total assets
NOK 71,8M
+130%
Equity
NOK 12,2M
-3%
Employees
0
—
Company information
Legal name
LETNES EIENDOMSUTVIKLING AS
Org number
893891552
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
23. mars 2009
Share capital
NOK 2 900 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Investering i eiendommer og utvikle disse. Selskapet kan investere i aksjer i andre selskaper.
Contact
Address
Utøyvegen 760, 7670 Inderøy
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Development of building projects
Companies in Inderøy
All Norway companies
Revenue
NOK millions
0M
21M
43M
64M
85M
21M
2020
74M
2021
6M
2022
1M
2023
2M
2024
EBITDA
NOK millions
0M
2M
5M
7M
9M
3M
2020
8M
2021
2M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
21 249
74 492
6 360
1 449
2 310
Staff expenses
−0
−0
−0
−0
−0
EBITDA
2 962
7 692
1 932
1 045
1 473
Depreciation & amort.
−600
−643
−666
−670
−701
EBIT
2 362
7 049
1 266
375
772
Net financials
−863
−594
−463
−781
−1 038
Profit before tax
1 499
6 455
803
−406
−266
Tax
330
1 420
177
−89
−59
Net profit
1 169
5 035
626
−316
−208
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
64 256
38 595
32 847
31 270
71 775
Equity
7 273
12 308
12 934
12 618
12 180
Long-term debt
45 120
23 584
19 415
18 451
31 746
Short-term debt
11 863
2 703
499
201
27 849
Total debt
56 983
26 287
19 913
18 652
59 595
Financial ratios
5-year trend
EBITDA margin
63.8%
This company
15.8%
Market median
+304% vs market
2020
2024
Equity ratio
17.0%
This company
38.2%
Market median
-55% vs market
2020
2024
Return on equity
-1.7%
This company
18.4%
Market median
-109% vs market
2020
2024
Net profit margin
-9.0%
This company
8.1%
Market median
-211% vs market
2020
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2020
2024
Debt / equity
4.89×
This company
0.62×
Market median
-689% 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)
KM
Kirsten Margrete Skjervold Letnes
Deputy Member
Deputy Member
2014
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DL
David Letnes
Chairman
2014
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Letnes As
Company
100%
100%
2024
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Company hierarchy
Letnes As
LETNES EIENDOMSUTVIKLING AS
(this company)
Board network connections
Board members of LETNES EIENDOMSUTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kirsten Margrete Skjervold Letnes
Deputy Member
0 companies
David Letnes
Chairman
0 companies