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HOTEL 1904 AS
AS
Active
Org 921331185
Løvenvoldgata 8, 6002 Ålesund
Hotels and similar accommodation · NACE 5510
Est. 2018
44 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 35,7M
+20% vs 2023
EBITDA margin
2.0%
+115% vs 2023
Equity ratio
7.9%
Financial strength
Net profit 2024
NOK 61K
+124% vs 2023
EBITDA — year on year
NOK millions
1M
0M
-1M
-2M
-3M
-2M
2020
-1M
+50%
2021
0M
+100%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 35,7M
+20%
EBITDA
NOK 712K
+115%
Net profit
NOK 61K
+124%
Total assets
NOK 5,8M
+13%
Equity
NOK 460K
+15%
Employees
44
—
Company information
Legal name
HOTEL 1904 AS
Org number
921331185
Legal form
Aksjeselskap
NACE code
5510 · Hotels and similar accommodation
Founded
3. september 2018
Share capital
NOK 100 100
Employees
44 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Hotelldrift og utleie til restaurant og selskapslokaler.
Contact
Address
Løvenvoldgata 8, 6002 Ålesund
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Companies in Hotels and similar accommodation
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Revenue
NOK millions
0M
10M
21M
31M
41M
16M
2020
18M
2021
27M
2022
30M
2023
36M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
-2M
2020
-1M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
15 836
17 916
26 592
29 819
35 731
Staff expenses
−7 629
−8 329
−11 443
−13 140
−15 313
EBITDA
−2 197
−719
−29
331
712
Depreciation & amort.
−405
−483
−532
−662
−650
EBIT
−2 602
−1 202
−561
−331
62
Net financials
−16
−42
12
10
18
Profit before tax
−2 618
−1 244
−549
−321
79
Tax
−576
−274
−120
−69
19
Net profit
−2 042
−971
−429
−252
61
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 973
4 997
5 381
5 157
5 840
Equity
−1 950
1 080
651
399
460
Long-term debt
0
0
0
0
0
Short-term debt
4 923
3 917
4 730
4 758
5 381
Total debt
4 923
3 917
4 730
4 758
5 381
Financial ratios
5-year trend
EBITDA margin
2.0%
This company
15.8%
Market median
-87% vs market
2020
2024
Equity ratio
7.9%
This company
38.2%
Market median
-79% vs market
2020
2024
Return on equity
13.2%
This company
18.4%
Market median
+28% vs market
2020
2024
Net profit margin
0.2%
This company
8.1%
Market median
-98% vs market
2020
2024
Asset turnover
6.12×
This company
1.12×
Market median
+446% vs market
2020
2024
Debt / equity
11.71×
This company
0.62×
Market median
-1789% 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)
GH
Gunnar Haagensen
Chairman
2018
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Brødrene Jangaard As
Company
60.04%
60.04%
2024
Åse Stensvaag
Individual
19.98%
19.98%
2024
Andre Klevberg
Individual
19.98%
19.98%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of HOTEL 1904 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gunnar Haagensen
Chairman
0 companies