Riskpilot← Back to searchSign inGet full accessCITO EIENDOM AS
ASActiveOrg 920159524Billingstadsletta 13, 1396 BillingstadDevelopment of building projects · NACE 6812Est. 20171 employees
Revenue 2024
NOK 460K
+69% vs 2023
EBITDA margin
-226.5%
+38% vs 2023
Equity ratio
29.8%
Financial strength
Net profit 2024
NOK -1,7M
-1% vs 2023
| Revenue | NOK 460K | +69% |
| EBITDA | NOK -1M | +38% |
| Net profit | NOK -1,7M | -1% |
| Total assets | NOK 99,6M | +33% |
| Equity | NOK 29,7M | -6% |
| Employees | 1 | — |
Legal name
CITO EIENDOM AS
Org number
920159524
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
21. desember 2017
Share capital
NOK 1 000 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Selskapets formål er kjøp, utvikling og salg av fast eiendom, samt all virksomhet som står i forbindelse med dette.
Address
Billingstadsletta 13, 1396 Billingstad
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 58 | 229 | 254 | 273 | 460 |
| Staff expenses | −0 | −0 | −0 | −905 | −1 961 | −1 943 | −1 657 | −1 121 |
| EBITDA | 0 | 0 | 0 | −1 102 | −3 663 | −2 434 | −1 686 | −1 042 |
| Depreciation & amort. | −0 | −0 | −0 | −12 | −27 | −27 | −27 | −27 |
| EBIT | 0 | 0 | 0 | −1 114 | −3 690 | −2 461 | −1 713 | −1 070 |
| Net financials | 0 | 0 | 0 | −132 | 21 482 | 11 038 | 2 | −664 |
| Profit before tax | 0 | 0 | 0 | −1 246 | 17 792 | 8 577 | −1 711 | −1 733 |
| Tax | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | 0 | 0 | 0 | −1 246 | 17 792 | 8 577 | −1 711 | −1 733 |
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 30 | 24 | 24 | 22 306 | 130 892 | 77 936 | 74 676 | 99 635 |
| Equity | 24 | 24 | 24 | 6 779 | 24 570 | 33 148 | 31 437 | 29 703 |
| Long-term debt | 0 | 0 | 0 | 15 000 | 105 000 | 44 000 | 42 000 | 68 500 |
| Short-term debt | 6 | 0 | 0 | 527 | 1 322 | 788 | 1 239 | 1 432 |
| Total debt | 6 | 0 | 0 | 15 527 | 106 322 | 44 788 | 43 239 | 69 932 |
EBITDA margin
-226.5%
This company
15.8%
Market median
-1534% vs market
20172024
Equity ratio
29.8%
This company
38.2%
Market median
-22% vs market
20172024
Return on equity
-5.8%
This company
18.4%
Market median
-132% vs market
20172024
Net profit margin
-376.6%
This company
8.1%
Market median
-4749% vs market
20172024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
20172024
Debt / equity
2.35×
This company
0.62×
Market median
-279% vs market
20172024
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
PO Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2023 | — | — | |
| Board of Directors | 2020 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Joakim Burud Holding As | Company | 75.0% | 75.0% | 2024 |
Elorep Invest As | Company | 25.0% | 25.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Joakim Burud Holding As
CITO EIENDOM AS Board members of CITO EIENDOM AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Per Ole Grindvold | Chief Executive Officer | 0 companies |
| Joakim Burud | Chairman | 0 companies |
| Vidar Lyhus | Board of Directors | 0 companies |