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HHG 25 AS
AS
Active
Org 922042837
Sofus Madsens Vei 22, 5097 Bergen
Rental and operating of own or leased real estate · NACE 6820
Est. 2019
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 683K
+12% vs 2023
EBITDA margin
30.8%
+165% vs 2023
Equity ratio
85.8%
Financial strength
Net profit 2024
NOK 211K
+165% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 683K
+12%
EBITDA
NOK 211K
+165%
Net profit
NOK 211K
+165%
Total assets
NOK 5,9M
+6%
Equity
NOK 5,1M
+4%
Employees
0
—
Company information
Legal name
HHG 25 AS
Org number
922042837
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
12. januar 2019
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Investere i og drive utleie av eiendom, samt det som naturlig står i forbindelse med dette.
Contact
Address
Sofus Madsens Vei 22, 5097 Bergen
Risika for professionals
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
1M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Revenue
451
455
465
628
609
683
Staff expenses
−0
−0
−0
−0
−5
−0
EBITDA
408
−407
283
414
79
211
Depreciation & amort.
−0
−95
−93
−93
−0
−0
EBIT
408
−502
190
321
79
211
Net financials
−0
−1
−1
−1
0
0
Profit before tax
408
−504
189
321
79
211
Tax
82
−111
41
71
−0
−0
Net profit
326
−393
147
250
79
211
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Total assets
5 125
5 040
5 222
5 593
5 565
5 907
Equity
5 024
4 632
4 779
4 780
4 859
5 070
Long-term debt
0
212
338
411
486
526
Short-term debt
101
197
105
402
220
312
Total debt
101
408
443
813
706
838
Financial ratios
5-year trend
EBITDA margin
30.8%
This company
15.8%
Market median
+95% vs market
2019
2024
Equity ratio
85.8%
This company
38.2%
Market median
+125% vs market
2019
2024
Return on equity
4.2%
This company
18.4%
Market median
-77% vs market
2019
2024
Net profit margin
30.8%
This company
8.1%
Market median
+280% vs market
2019
2024
Asset turnover
0.12×
This company
1.12×
Market median
-89% vs market
2019
2024
Debt / equity
0.17×
This company
0.62×
Market median
+73% vs market
2019
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
PA
Per Arne Lundekvam
Chief Executive Officer
Chief Executive Officer
2019
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
AE
Anne Elisabet Eide Lundekvam
Board of Directors
2019
—
—
PA
Petter Andreas Lundekvam
Chairman
2019
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Papaya Holding As
Company
100.0%
100.0%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
Papaya Holding As
HHG 25 AS
(this company)
Board network connections
Board members of HHG 25 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Per Arne Lundekvam
Chief Executive Officer
0 companies
Anne Elisabet Eide Lundekvam
Board of Directors
0 companies
Petter Andreas Lundekvam
Chairman
0 companies