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Art-Utvikling AS
AS
Active
Org 921666608
Gamle Isevei 2, 1738
Borgenhaugen
Development of building projects
·
NACE 6812
Est. 2018 · 7 years old
0 employees
Monitor
Share
Norway
/
Companies
/
Development of building projects
/
Art-Utvikling AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
125M
93M
62M
31M
0M
2020: 63M
63M
2020
2021: 98M (+56% vs 2020)
98M
+56%
2021
2022: 100M (+2% vs 2021)
100M
+2%
2022
2023: 38M (-62% vs 2022)
38M
-62%
2023
2024: 47M (+24% vs 2023)
47M
+24%
2024
EBITDA
NOK millions
19M
14M
9M
5M
0M
2020: 13M
13M
2020
2021: 14M (+8% vs 2020)
14M
+8%
2021
2022: 15M (+7% vs 2021)
15M
+7%
2022
2023: 1M (-93% vs 2022)
1M
-93%
2023
2024: 3M (+200% vs 2023)
3M
+200%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
47 173
38 217
100 264
97 888
63 464
Staff expenses
−0
−0
−0
−0
−0
EBITDA
2 986
1 429
14 821
13 869
12 606
Depreciation & amort.
−68
−68
−68
−0
−0
EBIT
2 918
1 361
14 753
13 869
12 606
Net financials
−5 592
−3 814
−4 096
−2 329
−3 765
Profit before tax
−2 674
−2 453
10 657
11 540
8 841
Tax
−588
−540
2 345
2 522
1 821
Net profit
−2 085
−1 913
8 313
9 018
7 020
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
119 534
129 765
121 594
143 315
130 330
Equity
45 752
47 837
49 750
42 686
33 735
Long-term debt
62 637
61 150
40 380
68 010
64 410
Short-term debt
11 145
20 778
31 464
32 619
32 185
Total debt
73 782
81 928
71 843
100 629
96 595
Financial ratios
5-year trend
EBITDA margin
6,3 %
This company
15,8 %
Market median
This company
Market median
60% below market
2020
2024
Equity ratio
38,3 %
This company
38,2 %
Market median
This company
Market median
0% above market
2020
2024
Return on equity
−4,6 %
This company
18,4 %
Market median
This company
Market median
125% below market
2020
2024
Net profit margin
−4,4 %
This company
8,1 %
Market median
This company
Market median
154% below market
2020
2024
Asset turnover
0,39×
This company
1,12×
Market median
This company
Market median
65% below market
2020
2024
Debt / equity
1,61×
This company
0,62×
Market median
This company
Market median
160% above 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
More on Art-Utvikling AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
