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GARP CITY AS
AS
Active
Org 912782808
Banevigsgata 7, 4014 Stavanger
Activities of advertising agencies · NACE 7311
Est. 2013
3 employees
www.garpcity.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6M
-1% vs 2023
EBITDA margin
1.7%
+110% vs 2023
Equity ratio
-96.7%
Financial strength
Net profit 2024
NOK 64K
+106% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
1M
2020
0M
-100%
2021
0M
0%
2022
-1M
-100%
2023
0M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 6M
-1%
EBITDA
NOK 104K
+110%
Net profit
NOK 64K
+106%
Total assets
NOK 716K
+32%
Equity
NOK -692K
+8%
Employees
3
—
Company information
Legal name
GARP CITY AS
Org number
912782808
Legal form
Aksjeselskap
NACE code
7311 · Activities of advertising agencies
Founded
4. desember 2013
Share capital
NOK 100 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Drift av reklamebyrå og beslektet virksomhet.
Contact
Address
Banevigsgata 7, 4014 Stavanger
Phone
+4741207861
Email
post@garpcity.no
Website
www.garpcity.no
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Companies in Activities of advertising agencies
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
2M
5M
7M
9M
6M
2020
8M
2021
7M
2022
6M
2023
6M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
-1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 108
8 412
7 231
6 082
6 050
Staff expenses
−3 369
−6 382
−5 257
−5 224
−4 328
EBITDA
822
22
−183
−1 007
104
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
822
22
−183
−1 007
104
Net financials
−8
−9
−14
−24
−40
Profit before tax
814
13
−197
−1 032
64
Tax
71
7
−0
−0
−0
Net profit
743
6
−197
−1 032
64
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 570
1 936
1 566
543
716
Equity
467
473
276
−756
−692
Long-term debt
0
46
136
0
0
Short-term debt
1 104
1 418
1 154
1 299
1 408
Total debt
1 104
1 464
1 290
1 299
1 408
Financial ratios
5-year trend
EBITDA margin
1.7%
This company
15.8%
Market median
-89% vs market
2020
2024
Equity ratio
-96.7%
This company
38.2%
Market median
-353% vs market
2020
2024
Return on equity
6395800.0%
This company
18.4%
Market median
+34759683% vs market
2020
2024
Net profit margin
1.1%
This company
8.1%
Market median
-86% vs market
2020
2024
Asset turnover
8.45×
This company
1.12×
Market median
+654% vs market
2020
2024
Debt / equity
2.03×
This company
0.62×
Market median
-227% 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)
KF
Kevin Flått Johannesen
Chief Executive Officer
Chief Executive Officer
2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
ER
Esben Rudolf Larsen
Board of Directors
2019
EF
Eirik Fosse
Board of Directors
2025
KH
Ketil Hult
Board of Directors
2019
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.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of GARP CITY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kevin Flått Johannesen
Chief Executive Officer
0 companies
Esben Rudolf Larsen
Board of Directors
0 companies
Eirik Fosse
Board of Directors
0 companies
Ketil Hult
Board of Directors
0 companies