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GRAND ROYAL EIENDOM AS
AS
Active
Org 918075542
Teknologiveien 11, 8517 Narvik
Rental and operating of own or leased real estate · NACE 6820
Est. 1979
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 17,2M
+40% vs 2023
EBITDA margin
67.7%
+74% vs 2023
Equity ratio
26.6%
Financial strength
Net profit 2024
NOK 1,5M
+163% vs 2023
EBITDA — year on year
NOK millions
15M
11M
8M
4M
0M
4M
2020
5M
+25%
2021
7M
+40%
2022
7M
0%
2023
12M
+71%
2024
Key figures
Annual report 2024
Revenue
NOK 17,2M
+40%
EBITDA
NOK 11,6M
+74%
Net profit
NOK 1,5M
+163%
Total assets
NOK 132,6M
+10%
Equity
NOK 35,2M
+1%
Employees
0
—
Company information
Legal name
GRAND ROYAL EIENDOM AS
Org number
918075542
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
31. mai 1979
Share capital
NOK 196 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Å oppføre, eie og drive utleie av hotell og andre næringseiendommer, samt hva hermed står i forbindelse, herunder å delta i andre selskaper.
Contact
Address
Teknologiveien 11, 8517 Narvik
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Narvik
All Norway companies
Revenue
NOK millions
0M
5M
10M
15M
20M
7M
2020
8M
2021
11M
2022
12M
2023
17M
2024
EBITDA
NOK millions
0M
3M
7M
10M
14M
4M
2020
5M
2021
7M
2022
7M
2023
12M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 802
8 389
10 953
12 280
17 183
Staff expenses
−665
−714
−473
−1 176
−841
EBITDA
4 101
5 299
7 132
6 665
11 626
Depreciation & amort.
−4 537
−3 598
−3 445
−5 078
−6 089
EBIT
−437
1 701
3 687
1 588
5 537
Net financials
−1 659
1 179
288
−4 620
−3 656
Profit before tax
−2 096
2 880
3 974
−3 032
1 881
Tax
−461
634
874
−693
414
Net profit
−1 635
2 246
3 100
−2 340
1 467
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
99 371
102 045
116 489
120 802
132 598
Equity
20 962
23 208
33 828
34 976
35 239
Long-term debt
77 259
77 892
80 888
82 119
82 193
Short-term debt
1 150
945
1 773
3 707
15 165
Total debt
78 409
78 837
82 661
85 826
97 358
Financial ratios
5-year trend
EBITDA margin
67.7%
This company
15.8%
Market median
+328% vs market
2020
2024
Equity ratio
26.6%
This company
38.2%
Market median
-30% vs market
2020
2024
Return on equity
4.2%
This company
18.4%
Market median
-77% vs market
2020
2024
Net profit margin
8.5%
This company
8.1%
Market median
+5% vs market
2020
2024
Asset turnover
0.13×
This company
1.12×
Market median
-88% vs market
2020
2024
Debt / equity
2.76×
This company
0.62×
Market median
-345% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
KR
Kjell Roger Skålvold
Chairman
2017
GI
Gunnar Inge Skålvold
Deputy Chairman
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Kubera As
Company
100%
100%
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
Gunnar Skålvold As
Kubera As
GRAND ROYAL EIENDOM AS
(this company)
GRAND ROYAL HOTEL AS
Haikjeften As
Board network connections
Board members of GRAND ROYAL EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kjell Roger Skålvold
Chairman
0 companies
Gunnar Inge Skålvold
Deputy Chairman
0 companies