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VORMEDALSVEGEN EIENDOM AS
AS
Active
Org 919316241
Vormedalsvegen 46, 5542 Karmsund
Rental and operating of own or leased real estate · NACE 6820
Est. 2017
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 577K
+47% vs 2023
EBITDA margin
76.3%
+19% vs 2023
Equity ratio
-3.7%
Financial strength
Net profit 2024
NOK 75K
+143% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 577K
+47%
EBITDA
NOK 440K
+19%
Net profit
NOK 75K
+143%
Total assets
NOK 3,6M
+1%
Equity
NOK -133K
+36%
Employees
0
—
Company information
Legal name
VORMEDALSVEGEN EIENDOM AS
Org number
919316241
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
19. juli 2017
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utleie av fast eiendom og tilsvarende komplementær virksomhet.
Contact
Address
Vormedalsvegen 46, 5542 Karmsund
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Companies in Rental and operating of own or leased real estate
Companies in Karmøy
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
375
383
264
392
577
Staff expenses
−0
−0
−0
−0
−0
EBITDA
238
272
111
369
440
Depreciation & amort.
−34
−34
−34
−34
−27
EBIT
205
238
78
336
413
Net financials
−148
−144
−77
−296
−317
Profit before tax
57
94
1
39
96
Tax
12
21
0
9
21
Net profit
44
73
1
31
75
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 688
3 674
3 611
3 546
3 593
Equity
−312
−239
−238
−207
−133
Long-term debt
4 000
3 897
0
3 735
3 718
Short-term debt
0
15
3 849
19
8
Total debt
4 000
3 912
3 849
3 753
3 726
Financial ratios
5-year trend
EBITDA margin
76.3%
This company
15.8%
Market median
+383% vs market
2020
2024
Equity ratio
-3.7%
This company
38.2%
Market median
-110% vs market
2020
2024
Return on equity
7462400.0%
This company
18.4%
Market median
+40556422% vs market
2020
2024
Net profit margin
12.9%
This company
8.1%
Market median
+59% vs market
2020
2024
Asset turnover
0.16×
This company
1.12×
Market median
-86% vs market
2020
2024
Debt / equity
28.07×
This company
0.62×
Market median
-4427% 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 (1)
OM
Ozcan Mestanli
Chairman
2022
Former (1)
BN
Børge Nygaard
Chairman
2021 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Mestanli Invest As
Company
100%
100%
2024
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
Mestanli Invest As
VORMEDALSVEGEN EIENDOM AS
(this company)
Board network connections
Board members of VORMEDALSVEGEN EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Børge Nygaard
Chairman
0 companies
Ozcan Mestanli
Chairman
0 companies