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PALMTREE PRODUCTIONS AS
AS
Active
Org 922673764
Fureåsen 27, 6017 Ålesund
Motion picture, video and television programme production activities · NACE 5911
Est. 2019
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 548K
-64% vs 2023
EBITDA margin
36.8%
+136% vs 2023
Equity ratio
18.2%
Financial strength
Net profit 2024
NOK 116K
+118% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
1M
2020
0M
-100%
2021
1M
+100%
2022
-1M
-200%
2023
0M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 548K
-64%
EBITDA
NOK 202K
+136%
Net profit
NOK 116K
+118%
Total assets
NOK 1,4M
+157%
Equity
NOK 247K
+88%
Employees
1
—
Company information
Legal name
PALMTREE PRODUCTIONS AS
Org number
922673764
Legal form
Aksjeselskap
NACE code
5911 · Motion picture, video and television programme production activities
Founded
27. april 2019
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Markedsføring og produksjon av foto og video samt investeringer i relatert virksomhet.
Contact
Address
Fureåsen 27, 6017 Ålesund
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Explore
Companies in Motion picture, video and television programme production activities
Companies in Ålesund
All Norway companies
Revenue
NOK millions
0M
2M
3M
5M
7M
5M
2020
4M
2021
6M
2022
2M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
1M
2022
-1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 804
3 826
5 784
1 505
548
Staff expenses
−1 253
−1 335
−1 621
−1 654
−8
EBITDA
1 191
14
515
−553
202
Depreciation & amort.
−58
−67
−88
−99
−93
EBIT
1 134
−53
427
−651
109
Net financials
1
−22
−66
14
7
Profit before tax
1 135
−75
362
−637
116
Tax
274
−0
61
−0
−0
Net profit
861
−75
300
−637
116
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 237
1 314
1 528
529
1 361
Equity
944
468
769
131
247
Long-term debt
0
0
0
0
0
Short-term debt
1 293
846
759
398
1 114
Total debt
1 293
846
759
398
1 114
Financial ratios
5-year trend
EBITDA margin
36.8%
This company
15.8%
Market median
+133% vs market
2020
2024
Equity ratio
18.2%
This company
38.2%
Market median
-52% vs market
2020
2024
Return on equity
46.9%
This company
18.4%
Market median
+155% vs market
2020
2024
Net profit margin
21.2%
This company
8.1%
Market median
+162% vs market
2020
2024
Asset turnover
0.40×
This company
1.12×
Market median
-64% vs market
2020
2024
Debt / equity
4.50×
This company
0.62×
Market median
-626% 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)
JL
Johannes Lovund
Chairman
2024
Former (1)
JM
Jan Magnus Bjordal
Chairman
2019 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Jl Visuals As
Company
100%
100%
2024
Kygo As
Company
49%
49%
2023
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Company hierarchy
Kygo As
PALMTREE PRODUCTIONS AS
(this company)
Board network connections
Board members of PALMTREE PRODUCTIONS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan Magnus Bjordal
Chairman
0 companies
Johannes Lovund
Chairman
0 companies