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SJØSTRAND UTVIKLING AS
AS
Active
Org 911932962
Åshaugveien 68, 3170 Sem
Development of building projects · NACE 6812
Est. 2013
0 employees
www.formateiendom.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 0
EBITDA margin
—
+49668% vs 2023
Equity ratio
77.2%
Financial strength
Net profit 2024
NOK 622K
+1366% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
0M
-100%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 0
—
EBITDA
NOK 571K
+49668%
Net profit
NOK 622K
+1366%
Total assets
NOK 1,1M
-5%
Equity
NOK 876K
+245%
Employees
0
—
Company information
Legal name
SJØSTRAND UTVIKLING AS
Org number
911932962
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
3. august 2013
Share capital
NOK 300 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utvikle og investere i fast eiendom og andre selskaper.
Contact
Address
Åshaugveien 68, 3170 Sem
Website
www.formateiendom.no
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Explore
Companies in Development of building projects
Companies in Tønsberg
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
6M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
5 805
0
50
0
0
Staff expenses
−0
−0
−0
−0
−0
EBITDA
1 474
−164
53
1
571
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
1 474
−164
53
1
571
Net financials
39
0
16
41
51
Profit before tax
1 513
−164
68
42
622
Tax
158
−0
−0
−0
−0
Net profit
1 356
−164
68
42
622
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 186
1 251
1 216
1 196
1 135
Equity
307
143
211
254
876
Long-term debt
0
0
0
0
0
Short-term debt
2 879
1 108
1 004
942
259
Total debt
2 879
1 108
1 004
942
259
Financial ratios
5-year trend
EBITDA margin
57133500.0%
This company
15.8%
Market median
+361604330% vs market
2020
2024
Equity ratio
77.2%
This company
38.2%
Market median
+102% vs market
2020
2024
Return on equity
71.0%
This company
18.4%
Market median
+286% vs market
2020
2024
Net profit margin
62193600.0%
This company
8.1%
Market median
+767822122% vs market
2020
2024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2020
2024
Debt / equity
0.30×
This company
0.62×
Market median
+52% 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)
ØH
Øystein Hansen
Deputy Member
Deputy Member
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
AH
Andreas Hojem Olsen
Chairman
2016
KH
Knut Henrik Frølich
Board of Directors
2016
OJ
Ole Johan Olsen
Board of Directors
2016
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ole Johan Olsen Invest As
Company
37.5%
37.5%
2024
Aho Invest As
Company
37.5%
37.5%
2024
H Skjelbred As
Company
25%
25%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Benjamin As
H Skjelbred As
SJØSTRAND UTVIKLING AS
(this company)
Board network connections
Board members of SJØSTRAND UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øystein Hansen
Deputy Member
0 companies
Andreas Hojem Olsen
Chairman
0 companies
Knut Henrik Frølich
Board of Directors
0 companies
Ole Johan Olsen
Board of Directors
0 companies