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HVITSAND ENTREPRENØR AS
AS
Active
Org 899660102
Ørland Næringspark 26, 7130 Brekstad
Specialised construction activities in civil engineering · NACE 4350
Est. 2013
11 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 20,5M
-26% vs 2023
EBITDA margin
2.2%
-83% vs 2023
Equity ratio
6.6%
Financial strength
Net profit 2024
NOK -760K
-170% vs 2023
EBITDA — year on year
NOK millions
4M
2M
1M
-1M
-3M
0M
2020
1M
+100%
2021
-2M
-300%
2022
3M
+250%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 20,5M
-26%
EBITDA
NOK 448K
-83%
Net profit
NOK -760K
-170%
Total assets
NOK 8,3M
-29%
Equity
NOK 553K
-58%
Employees
11
—
Company information
Legal name
HVITSAND ENTREPRENØR AS
Org number
899660102
Legal form
Aksjeselskap
NACE code
4350 · Specialised construction activities in civil engineering
Founded
7. februar 2013
Share capital
NOK 200 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Maskinentreprenørvirksomhet og egentransport knyttet til dette. Selskapet kan delta i og utføre annen tilhørende virksomhet.
Contact
Address
Ørland Næringspark 26, 7130 Brekstad
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Explore
Companies in Specialised construction activities in civil engineering
Companies in Ørland
All Norway companies
Revenue
NOK millions
0M
8M
17M
25M
33M
22M
2020
28M
2021
29M
2022
28M
2023
21M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
0M
2020
1M
2021
-2M
2022
3M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
22 242
27 978
29 499
27 832
20 512
Staff expenses
−9 085
−9 900
−10 032
−8 931
−7 535
EBITDA
−347
718
−1 608
2 706
448
Depreciation & amort.
−994
−1 044
−997
−760
−525
EBIT
−1 341
−325
−2 605
1 946
−77
Net financials
−201
−326
−543
−857
−683
Profit before tax
−1 542
−651
−3 148
1 089
−760
Tax
−337
−143
−237
−0
−0
Net profit
−1 205
−508
−2 912
1 089
−760
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
12 628
13 737
13 086
11 663
8 318
Equity
3 644
3 136
224
1 313
553
Long-term debt
4 310
4 918
4 116
4 531
2 950
Short-term debt
4 674
5 683
8 746
5 819
4 815
Total debt
8 984
10 601
12 862
10 350
7 765
Financial ratios
5-year trend
EBITDA margin
2.2%
This company
15.8%
Market median
-86% vs market
2020
2024
Equity ratio
6.6%
This company
38.2%
Market median
-83% vs market
2020
2024
Return on equity
-137.6%
This company
18.4%
Market median
-848% vs market
2020
2024
Net profit margin
-3.7%
This company
8.1%
Market median
-146% vs market
2020
2024
Asset turnover
2.47×
This company
1.12×
Market median
+121% vs market
2020
2024
Debt / equity
14.05×
This company
0.62×
Market median
-2166% 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)
RH
Roger Hvitsand
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gudrun Mathilde Brekstad Hvitsand
Individual
5%
5%
2024
Linda Iren Hvitsand
Individual
5%
5%
2024
Jonas Hvitsand
Individual
5%
5%
2024
Halvdan Hvitsand
Individual
5%
5%
2024
Unknown
Individual
5%
5%
2022
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of HVITSAND ENTREPRENØR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Roger Hvitsand
Chairman
0 companies