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LINNE AS
AS
Active
Org 923151346
Rigetjønnveien 3, 4626 Kristiansand S
Electrical installation · NACE 4321
Est. 2019
1 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 63K
+87% vs 2023
EBITDA margin
-1325.7%
-2% vs 2023
Equity ratio
88.0%
Financial strength
Net profit 2024
NOK 2,6M
-90% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
-6M
2020
-1M
+83%
2021
-1M
0%
2022
-1M
0%
2023
-1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 63K
+87%
EBITDA
NOK -829K
-2%
Net profit
NOK 2,6M
-90%
Total assets
NOK 36,5M
+8%
Equity
NOK 32,1M
+9%
Employees
1
—
Company information
Legal name
LINNE AS
Org number
923151346
Legal form
Aksjeselskap
NACE code
4321 · Electrical installation
Founded
2. august 2019
Share capital
NOK 1 020 000
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
Kjøpe, utvikle, selge og leie ut fast eiendom, investere i finansaktiva og delta i andre selskaper.
Contact
Address
Rigetjønnveien 3, 4626 Kristiansand S
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Explore
Companies in Electrical installation
Companies in Kristiansand
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
-0M
-1M
-1M
-1M
-6M
2020
-1M
2021
-1M
2022
-1M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
993
290
27
33
63
Staff expenses
−92
−89
−329
−425
−676
EBITDA
−5 536
−720
−577
−809
−829
Depreciation & amort.
−0
−42
−79
−79
−79
EBIT
−5 536
−762
−656
−888
−908
Net financials
2 829
33
4 347
25 431
3 707
Profit before tax
−2 707
−729
3 691
24 543
2 799
Tax
136
−210
−13
−88
222
Net profit
−2 843
−519
3 704
24 632
2 576
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
53 403
49 010
51 573
33 763
36 455
Equity
1 701
1 182
4 886
29 518
32 094
Long-term debt
48 702
43 986
42 155
2 056
1 679
Short-term debt
3 001
3 842
4 532
2 189
2 682
Total debt
51 703
47 828
46 687
4 245
4 361
Financial ratios
5-year trend
EBITDA margin
-1325.7%
This company
15.8%
Market median
-8491% vs market
2020
2024
Equity ratio
88.0%
This company
38.2%
Market median
+130% vs market
2020
2024
Return on equity
8.0%
This company
18.4%
Market median
-57% vs market
2020
2024
Net profit margin
4119.5%
This company
8.1%
Market median
+50758% vs market
2020
2024
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
2020
2024
Debt / equity
0.14×
This company
0.62×
Market median
+77% 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 2019-07-02 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
EG
Eivind Godtfred Sandvik
Chief Executive Officer
Chief Executive Officer
2019
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
LINNE AS
(this company)
R3 UNDER AS
KAPELLODDEN UTVIKLING AS
BILLIGO AS
R3ES12 AS
R3ES10 AS
Linne Hbs8-9-15 As
HÅNES BYGG AS
LINNE R3ES8 AS
LINNE HGS4 AS
Kristiansand Elektro As
HYTTE OG BOLIGUTVIKLING AS
Keas Bygg & Vedlikehold As
VÅGSBYGD AS
Board network connections
Board members of LINNE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Eivind Godtfred Sandvik
Chief Executive Officer
0 companies