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ARCTIC EIENDOMSUTVIKLING AS
AS
Active
Org 918357734
Rikard Kaarbøs Plass 1, 9405 Harstad
Utvikling og salg av egen fast eiendom ellers · NACE 41109
Est. 2017
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 1,8M
+23% vs 2022
EBITDA margin
54.9%
+101% vs 2022
Equity ratio
6.8%
Financial strength
Net profit 2023
NOK -157K
+10% vs 2022
EBITDA — year on year
NOK millions
6M
5M
3M
2M
0M
0M
2019
5M
+500%
2020
2M
-60%
2021
0M
-100%
2022
1M
+100%
2023
Key figures
Annual report 2023
Revenue
NOK 1,8M
+23%
EBITDA
NOK 988K
+101%
Net profit
NOK -157K
+10%
Total assets
NOK 28,3M
-2%
Equity
NOK 1,9M
-7%
Employees
0
—
Company information
Legal name
ARCTIC EIENDOMSUTVIKLING AS
Org number
918357734
Legal form
Aksjeselskap
NACE code
41109 · Utvikling og salg av egen fast eiendom ellers
Founded
13. januar 2017
Share capital
NOK 400 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Erverve og utvikle bygninger og eiendommer for videresalg og det som naturlig står i den forbindelse.
Contact
Address
Rikard Kaarbøs Plass 1, 9405 Harstad
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Revenue
NOK millions
0M
11M
22M
34M
45M
0M
2019
39M
2020
3M
2021
1M
2022
2M
2023
EBITDA
NOK millions
0M
1M
3M
4M
6M
0M
2019
5M
2020
2M
2021
0M
2022
1M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
0
38 666
2 820
1 459
1 801
Staff expenses
7
−0
−0
−0
−0
EBITDA
−301
4 716
1 943
491
988
Depreciation & amort.
−0
−3
−0
−0
−57
EBIT
−301
4 712
1 943
491
931
Net financials
−1 296
1 232
−497
−714
−1 118
Profit before tax
−1 597
5 944
1 445
−222
−187
Tax
−341
1 308
318
−49
−30
Net profit
−1 256
4 637
1 127
−173
−157
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
30 970
40 938
32 698
28 789
28 314
Equity
−1 654
1 138
2 265
2 092
1 935
Long-term debt
31 218
35 779
26 608
20 824
25 975
Short-term debt
1 406
4 021
3 825
201
404
Total debt
32 623
39 800
30 433
26 697
26 379
Financial ratios
5-year trend
EBITDA margin
54.9%
This company
15.8%
Market median
+247% vs market
2019
2023
Equity ratio
6.8%
This company
38.2%
Market median
-82% vs market
2019
2023
Return on equity
-8.1%
This company
18.4%
Market median
-144% vs market
2019
2023
Net profit margin
-8.7%
This company
8.1%
Market median
-207% vs market
2019
2023
Asset turnover
0.06×
This company
1.12×
Market median
-95% vs market
2019
2023
Debt / equity
13.63×
This company
0.62×
Market median
-2098% 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
Former (1)
LN
Lars Nyborg
Chief Executive Officer
Chief Executive Officer
2018 – 2018
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
SA
Stian Andre Arntzen
Chairman
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Saa Investeringer As
Company
100%
100%
2024
Arctic Eiendom Harstad As
Company
100%
100%
2022
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Company hierarchy
Saa Investeringer As
ARCTIC EIENDOMSUTVIKLING AS
(this company)
Board network connections
Board members of ARCTIC EIENDOMSUTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lars Nyborg
Chief Executive Officer
0 companies
Stian Andre Arntzen
Chairman
0 companies