Riskpilot← Back to searchSign inGet full accessMAYS APARTMENTS AS
ASActiveOrg 916978669Holiday and other short-stay accommodation · NACE 5520Est. 20165 employees
Revenue 2025
NOK 5M
+12% vs 2024
EBITDA margin
35.3%
+54% vs 2024
Equity ratio
57.4%
Financial strength
Net profit 2025
NOK 1,1M
+149% vs 2024
| Revenue | NOK 5M | +12% |
| EBITDA | NOK 1,8M | +54% |
| Net profit | NOK 1,1M | +149% |
| Total assets | NOK 9M | +3% |
| Equity | NOK 5,2M | +26% |
| Employees | 5 | — |
Legal name
MAYS APARTMENTS AS
Org number
916978669
Legal form
Aksjeselskap
NACE code
5520 · Holiday and other short-stay accommodation
Founded
26. april 2016
Share capital
NOK 1 400 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Å drive avgiftspliktig utleie av rom/leiligheter og annet som naturlig faller sammen med dette.
Address
Phone
+4791322384
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| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 2 482 | 3 579 | 3 441 | 4 487 | 5 037 |
| Staff expenses | −347 | −716 | −583 | −1 077 | −810 |
| EBITDA | 1 107 | 869 | 1 215 | 1 159 | 1 780 |
| Depreciation & amort. | −391 | −418 | −466 | −397 | −281 |
| EBIT | 715 | 450 | 749 | 762 | 1 499 |
| Net financials | −112 | −125 | −160 | −214 | −136 |
| Profit before tax | 603 | 325 | 590 | 549 | 1 362 |
| Tax | 134 | 74 | 131 | 122 | 300 |
| Net profit | 469 | 251 | 459 | 427 | 1 063 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 6 489 | 6 384 | 8 692 | 8 777 | 9 024 |
| Equity | 2 982 | 3 233 | 3 691 | 4 118 | 5 181 |
| Long-term debt | 3 219 | 2 925 | 4 500 | 4 052 | 2 976 |
| Short-term debt | 288 | 226 | 501 | 606 | 867 |
| Total debt | 3 507 | 3 151 | 5 001 | 4 659 | 3 843 |
EBITDA margin
35.3%
This company
15.8%
Market median
+123% vs market
20212025
Equity ratio
57.4%
This company
38.2%
Market median
+50% vs market
20212025
Return on equity
20.5%
This company
18.4%
Market median
+11% vs market
20212025
Net profit margin
21.1%
This company
8.1%
Market median
+160% vs market
20212025
Asset turnover
0.56×
This company
1.12×
Market median
-50% vs market
20212025
Debt / equity
0.74×
This company
0.62×
Market median
+19% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
MA Chief Executive Officer | Chief Executive Officer | 2016 |
MS Chief Executive Officer | Chief Executive Officer | 2024 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Chairman | 2016 | |
| Board of Directors | 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 18% | 18% | 2023 | |
| Company | 18% | 18% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Frøya & Florijan Holding As
MAYS APARTMENTS AS Board members of MAYS APARTMENTS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| May Aslaug Sæthre | Chief Executive Officer | 0 companies |
| Marlene Sæthre | Chief Executive Officer | 0 companies |
| Christer Sæthre | Chairman | 0 companies |
| Jørn Erik Sæthre | Board of Directors | 0 companies |