Riskpilot← Back to searchSign inGet full accessRG DEVELOPMENT AS
ASActiveOrg 917869685Rådhusgata 23, 0158 OsloConstruction of residential and non-residential buildings · NACE 4100Est. 201624 employees
Revenue 2024
NOK 43,6M
+15% vs 2023
EBITDA margin
4.8%
-43% vs 2023
Equity ratio
2.2%
Financial strength
Net profit 2024
NOK 1,5M
-45% vs 2023
| Revenue | NOK 43,6M | +15% |
| EBITDA | NOK 2,1M | -43% |
| Net profit | NOK 1,5M | -45% |
| Total assets | NOK 16,7M | +96% |
| Equity | NOK 360K | -16% |
| Employees | 24 | — |
Legal name
RG DEVELOPMENT AS
Org number
917869685
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
12. oktober 2016
Share capital
NOK 30 000
Employees
24 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Vedlikehold og eiendomsforvaltning, prosjektutvikling og konsulentvirksomhet, samt hva hermed står i forbindelse, herunder å delta i andre selskaper med liknende virksomhet.
Address
Rådhusgata 23, 0158 Oslo
Phone
+4798222545
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 451 | 5 011 | 4 785 | 3 322 | 4 484 | 4 549 | 20 805 | 37 849 | 43 619 |
| Staff expenses | −1 491 | −4 589 | −4 360 | −2 335 | −4 230 | −3 472 | −8 125 | −11 674 | −11 896 |
| EBITDA | −123 | 95 | 83 | 355 | −611 | 86 | 1 048 | 3 694 | 2 094 |
| Depreciation & amort. | −5 | −87 | −116 | −96 | −55 | −39 | −99 | −110 | −123 |
| EBIT | −128 | 8 | −33 | 260 | −665 | 47 | 949 | 3 584 | 1 971 |
| Net financials | 0 | −0 | −2 | −0 | −5 | −6 | −14 | −51 | −40 |
| Profit before tax | −127 | 8 | −35 | 259 | −670 | 41 | 935 | 3 533 | 1 931 |
| Tax | −0 | 8 | 7 | 68 | −151 | −0 | 207 | 797 | 440 |
| Net profit | −127 | 0 | −41 | 192 | −519 | 41 | 728 | 2 736 | 1 492 |
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | 1 106 | 1 736 | 1 262 | 2 273 | 3 661 | 7 042 | 12 070 | 8 501 | 16 674 |
| Equity | 70 | 47 | 104 | 155 | 31 | 72 | 268 | 427 | 360 |
| Long-term debt | 0 | 0 | 0 | 0 | 130 | 100 | 71 | 40 | 6 |
| Short-term debt | 1 036 | 1 690 | 1 159 | 2 118 | 3 500 | 6 869 | 11 732 | 8 035 | 16 308 |
| Total debt | 1 036 | 1 690 | 1 159 | 2 118 | 3 630 | 6 969 | 11 802 | 8 074 | 16 314 |
EBITDA margin
4.8%
This company
15.8%
Market median
-70% vs market
20162024
Equity ratio
2.2%
This company
38.2%
Market median
-94% vs market
20162024
Return on equity
414.5%
This company
18.4%
Market median
+2153% vs market
20162024
Net profit margin
3.4%
This company
8.1%
Market median
-58% vs market
20162024
Asset turnover
2.62×
This company
1.12×
Market median
+134% vs market
20162024
Debt / equity
45.33×
This company
0.62×
Market median
-7211% vs market
20162024
- 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 2016-09-01 – 2016-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
GØ Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
RA Deputy Member | Deputy Member | 2016 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2016 | — | — | |
| Chairman | 2016 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Norlandia Hotel Group 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.
Hospitality Invest As
RG DEVELOPMENT AS Board members of RG DEVELOPMENT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Gisle Øygard | Chief Executive Officer | 0 companies |
| Roger Adolfsen | Deputy Member | 0 companies |
| Diana Balinova | Board of Directors | 0 companies |
| Morten André Kahrs | Chairman | 0 companies |