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ARENANORWAY AS
AS
Active
Org 918364080
Sjømannsvegen 14, 6008 Ålesund
Other support activities to arts and performing arts · NACE 9039
Est. 2017
3 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 2,2M
+360% vs 2024
EBITDA margin
-11.3%
+58% vs 2024
Equity ratio
-2065.5%
Financial strength
Net profit 2025
NOK -248K
+58% vs 2024
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
0M
2021
1M
+100%
2022
0M
-100%
2023
-1M
-100%
2024
0M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 2,2M
+360%
EBITDA
NOK -249K
+58%
Net profit
NOK -248K
+58%
Total assets
NOK 18K
-96%
Equity
NOK -366K
-211%
Employees
3
—
Company information
Legal name
ARENANORWAY AS
Org number
918364080
Legal form
Aksjeselskap
NACE code
9039 · Other support activities to arts and performing arts
Founded
6. februar 2017
Share capital
NOK 30 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Utvikling av arenaer og event, herunder investering i andre selskaper og eiendom og annet som naturlig faller sammen med dette.
Contact
Address
Sjømannsvegen 14, 6008 Ålesund
Phone
+4792247849
Email
post@arenanorway.no
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Explore
Companies in Other support activities to arts and performing arts
Companies in Ålesund
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2021
3M
2022
3M
2023
0M
2024
2M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
0M
2023
-1M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
49
3 147
3 135
479
2 205
Staff expenses
−0
−817
−1 124
−730
−710
EBITDA
6
677
12
−587
−249
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
6
677
12
−587
−249
Net financials
1
3
−2
−2
1
Profit before tax
7
680
10
−589
−248
Tax
27
126
5
−0
−0
Net profit
−20
553
5
−589
−248
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
348
802
648
467
18
Equity
−87
466
471
−118
−366
Long-term debt
0
0
0
0
0
Short-term debt
435
336
177
585
384
Total debt
435
336
177
585
384
Financial ratios
5-year trend
EBITDA margin
-11.3%
This company
15.8%
Market median
-172% vs market
2021
2025
Equity ratio
-2065.5%
This company
38.2%
Market median
-5507% vs market
2021
2025
Return on equity
-24837200.0%
This company
18.4%
Market median
-134984883% vs market
2021
2025
Net profit margin
-11.3%
This company
8.1%
Market median
-240% vs market
2021
2025
Asset turnover
124.32×
This company
1.12×
Market median
+11000% vs market
2021
2025
Debt / equity
1.05×
This company
0.62×
Market median
-69% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
GI
Geir Ivar Østensen
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JB
John Breivik
Chairman
2022
Former (1)
AT
Alf Terje Farstad
Deputy Chairman
2017 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Rolf Ivar Siem Østensen
Individual
10%
10%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ARENANORWAY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Geir Ivar Østensen
Chief Executive Officer
0 companies
John Breivik
Chairman
0 companies
Alf Terje Farstad
Deputy Chairman
0 companies