Riskpilot← Back to searchSign inGet full accessARCTIC REAL ESTATE DEVELOPMENT AS
ASActiveOrg 921192401Haakon Viis Gate 5, 0161 OsloDevelopment of building projects · NACE 6812Est. 20180 employees
Revenue 2024
NOK 1M
+5% vs 2023
EBITDA margin
89.7%
+9% vs 2023
Equity ratio
-51.6%
Financial strength
Net profit 2024
NOK -1,7M
-336% vs 2023
| Revenue | NOK 1M | +5% |
| EBITDA | NOK 937K | +9% |
| Net profit | NOK -1,7M | -336% |
| Total assets | NOK 29,1M | +12% |
| Equity | NOK -15M | -13% |
| Employees | 0 | — |
Legal name
ARCTIC REAL ESTATE DEVELOPMENT AS
Org number
921192401
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
25. juli 2018
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Daglig leder og styrets leder i fellesskap.
Company purpose
Drive og utvikle eiendomsprosjekter, samt alt som står i forbindelse hermed.
Address
Haakon Viis Gate 5, 0161 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 4 073 | 898 | 935 | 996 | 1 044 |
| Staff expenses | −7 387 | −3 937 | −0 | −0 | −0 |
| EBITDA | −4 586 | −4 099 | 838 | 860 | 937 |
| Depreciation & amort. | −24 | −15 | −0 | −0 | −0 |
| EBIT | −4 610 | −4 113 | 838 | 860 | 937 |
| Net financials | −417 | −693 | −1 008 | −1 379 | −1 468 |
| Profit before tax | −5 027 | −4 806 | −170 | −520 | −531 |
| Tax | −1 106 | −1 598 | −43 | −130 | 1 167 |
| Net profit | −3 922 | −3 208 | −128 | −390 | −1 698 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 16 890 | 21 484 | 22 039 | 26 069 | 29 111 |
| Equity | −9 584 | −12 792 | −12 920 | −13 309 | −15 008 |
| Long-term debt | 25 114 | 33 921 | 34 958 | 39 379 | 44 119 |
| Short-term debt | 1 360 | 355 | 0 | 0 | 0 |
| Total debt | 26 474 | 34 276 | 34 958 | 39 379 | 44 119 |
EBITDA margin
89.7%
This company
15.8%
Market median
+468% vs market
20202024
Equity ratio
-51.6%
This company
38.2%
Market median
-235% vs market
20202024
Return on equity
-169829600.0%
This company
18.4%
Market median
-922987057% vs market
20202024
Net profit margin
-162.7%
This company
8.1%
Market median
-2109% vs market
20202024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
2.94×
This company
0.62×
Market median
-374% vs market
20202024
- 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
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Board of Directors | 2023 | |
| Board of Directors | 2021 | |
| Chairman | 2021 | |
| Board of Directors | 2021 | |
| Former (2) | ||
| Chairman | 2021 – 2021 | |
| Board of Directors | 2021 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 70% | 70% | 2024 | |
| Company | 30% | 30% | 2024 |
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Blackheart Invest As
ARCTIC REAL ESTATE DEVELOPMENT AS Board members of ARCTIC REAL ESTATE DEVELOPMENT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Martin Mæland | Chairman | 0 companies |
| Erlend Garmann Tuntland | Board of Directors | 0 companies |
| Mona Cecilie Bugge | Board of Directors | 0 companies |
| Kristoffer Bjarne Røhne | Board of Directors | 0 companies |
| Kjetil Ramslie Bakken | Chairman | 0 companies |
| Hege Marthinussen | Board of Directors | 0 companies |