Riskpilot← Back to searchSign inGet full accessNG DEVELOPMENT AS
ASActiveOrg 913251679Christies Gate 14, 5015 BergenOther real estate activities on a fee or contract basis · NACE 6832Est. 20145 employees
Revenue 2024
NOK 725K
-99% vs 2023
EBITDA margin
-504.7%
-341% vs 2023
Equity ratio
17.6%
Financial strength
Net profit 2024
NOK 1,3M
+28% vs 2023
| Revenue | NOK 725K | -99% |
| EBITDA | NOK -3,7M | -341% |
| Net profit | NOK 1,3M | +28% |
| Total assets | NOK 425,8M | -17% |
| Equity | NOK 75,1M | -27% |
| Employees | 5 | — |
Legal name
NG DEVELOPMENT AS
Org number
913251679
Legal form
Aksjeselskap
NACE code
6832 · Other real estate activities on a fee or contract basis
Founded
18. februar 2014
Share capital
NOK 1 036 167
Employees
5 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Kjøp, salg, drift og utvikling av eiendommer, samt annen virksomhet som naturlig faller sammen med dette. Handelsvirksomhet. Invisteringsvirksomhet
Address
Christies Gate 14, 5015 Bergen
Phone
+4797307660
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 6 482 | 3 073 | 3 383 | 2 350 | 31 132 | 16 381 | 62 157 | 78 613 | 56 622 | 725 |
| Staff expenses | −0 | −0 | −0 | −10 | −308 | −3 436 | −1 334 | −2 354 | −1 868 | −1 820 | −1 812 |
| EBITDA | −80 | 6 437 | 2 554 | 2 807 | 1 089 | 3 105 | 1 728 | 14 597 | 2 964 | 1 519 | −3 657 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −87 | −762 | −775 | −797 | −717 | −648 |
| EBIT | −80 | 6 437 | 2 554 | 2 807 | 1 089 | 3 017 | 967 | 13 823 | 2 167 | 803 | −4 305 |
| Net financials | −2 | 50 | −767 | −529 | −836 | −1 033 | −861 | 69 | 64 | 503 | 5 975 |
| Profit before tax | −81 | 6 486 | 1 787 | 2 278 | 253 | 1 984 | 105 | 13 891 | 2 232 | 1 306 | 1 669 |
| Tax | −22 | 1 750 | 447 | 456 | −98 | 438 | 24 | 3 058 | 492 | 287 | 367 |
| Net profit | −59 | 4 737 | 1 340 | 1 822 | 351 | 1 546 | 81 | 10 833 | 1 740 | 1 019 | 1 302 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 277 | 155 038 | 160 486 | 168 600 | 179 530 | 253 897 | 317 455 | 429 333 | 526 917 | 513 911 | 425 833 |
| Equity | −29 | 10 040 | 10 040 | 11 325 | 16 508 | 21 423 | 21 504 | 45 828 | 65 118 | 102 320 | 75 093 |
| Long-term debt | 0 | 40 000 | 65 000 | 100 086 | 101 431 | 135 053 | 218 763 | 303 011 | 0 | 0 | 0 |
| Short-term debt | 306 | 104 998 | 85 447 | 57 189 | 61 591 | 97 421 | 77 188 | 80 494 | 106 823 | 137 884 | 88 205 |
| Total debt | 306 | 144 998 | 150 447 | 157 275 | 163 022 | 232 474 | 295 951 | 383 505 | 461 799 | 411 592 | 350 740 |
EBITDA margin
-504.7%
This company
15.8%
Market median
-3294% vs market
20142024
Equity ratio
17.6%
This company
38.2%
Market median
-54% vs market
20142024
Return on equity
1.7%
This company
18.4%
Market median
-91% vs market
20142024
Net profit margin
179.7%
This company
8.1%
Market median
+2119% vs market
20142024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
20142024
Debt / equity
4.67×
This company
0.62×
Market median
-653% vs market
20142024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
FS Deputy Member | Deputy Member | 2014 | — | — |
KC Chief Executive Officer | Chief Executive Officer | 2014 | — | — |
No data on file.
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Nordic Group Holding As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Nordic Group Holding As
NG DEVELOPMENT AS Board members of NG DEVELOPMENT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Feng Sheng Zheng | Deputy Member | 0 companies |
| Kan Cao | Chief Executive Officer | 0 companies |