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HILO AS
AS
Active
Org 915798683
Fjellstien 1, 3921 Porsgrunn
Real estate activities with own property and development of building projects · NACE 6810
Est. 2015
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 596K
-86% vs 2022
EBITDA margin
-93.9%
-455% vs 2022
Equity ratio
-107.4%
Financial strength
Net profit 2023
NOK -611K
-987% vs 2022
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
0M
2019
1M
+100%
2020
0M
-100%
2021
0M
0%
2022
-1M
-100%
2023
Key figures
Annual report 2023
Revenue
NOK 596K
-86%
EBITDA
NOK -559K
-455%
Net profit
NOK -611K
-987%
Total assets
NOK 457K
-61%
Equity
NOK -490K
-517%
Employees
0
—
Company information
Legal name
HILO AS
Org number
915798683
Legal form
Aksjeselskap
NACE code
6810 · Real estate activities with own property and development of building projects
Founded
4. september 2015
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Kjøp, salg, utleie av eiendom og arbeid som naturlig faller under dette forretningsområde.
Contact
Address
Fjellstien 1, 3921 Porsgrunn
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 Real estate activities with own property and development of building projects
Companies in Porsgrunn
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
0M
2019
0M
2020
0M
2021
4M
2022
1M
2023
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
1M
2020
0M
2021
0M
2022
-1M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
0
0
150
4 288
596
Staff expenses
−0
−0
−0
−844
−12
EBITDA
202
926
49
158
−559
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
202
926
49
158
−559
Net financials
−88
−89
−86
−80
−52
Profit before tax
114
836
−37
78
−611
Tax
−0
8
−8
9
−0
Net profit
114
829
−30
69
−611
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
2 353
2 460
2 769
1 163
457
Equity
−813
78
49
117
−490
Long-term debt
1 600
1 600
1 600
0
0
Short-term debt
1 566
782
1 121
1 045
947
Total debt
3 166
2 382
2 721
1 045
947
Financial ratios
5-year trend
EBITDA margin
-93.9%
This company
15.8%
Market median
-694% vs market
2019
2023
Equity ratio
-107.4%
This company
38.2%
Market median
-381% vs market
2019
2023
Return on equity
-61137600.0%
This company
18.4%
Market median
-332269665% vs market
2019
2023
Net profit margin
-102.6%
This company
8.1%
Market median
-1367% vs market
2019
2023
Asset turnover
1.30×
This company
1.12×
Market median
+16% vs market
2019
2023
Debt / equity
1.93×
This company
0.62×
Market median
-211% vs market
2019
2023
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
JA
John Arne Sødtholt
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SR
Sigbjørn Røsholt
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Onebase As
Company
60%
60%
2022
Johnny Lauritsen
Individual
20%
20%
2022
Herøya Holding As
Company
20%
20%
2022
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 HILO AS also hold positions in
0
other companies.
Person
Role here
Other companies
John Arne Sødtholt
Chief Executive Officer
0 companies
Sigbjørn Røsholt
Board of Directors
0 companies