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ULSMÅGVEGEN 20 AS
AS
Active
Org 924619600
Ulsmågvegen 20, 5224 Nesttun
Rental and operating of own or leased real estate · NACE 6820
Est. 2020
2 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 4,6M
-11% vs 2023
EBITDA margin
31.2%
+39% vs 2023
Equity ratio
0.9%
Financial strength
Net profit 2024
NOK 440K
+138% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2020
1M
-50%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 4,6M
-11%
EBITDA
NOK 1,4M
+39%
Net profit
NOK 440K
+138%
Total assets
NOK 13,5M
+0%
Equity
NOK 116K
-6%
Employees
2
—
Company information
Legal name
ULSMÅGVEGEN 20 AS
Org number
924619600
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
18. februar 2020
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Å eie og forvalte fast eiendom og hva hermed står i forbindelse.
Contact
Address
Ulsmågvegen 20, 5224 Nesttun
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Companies in Rental and operating of own or leased real estate
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
4M
2020
5M
2021
5M
2022
5M
2023
5M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 924
4 585
5 057
5 226
4 640
Staff expenses
−2 031
−2 047
−2 043
−2 091
−2 151
EBITDA
1 505
810
1 031
1 042
1 450
Depreciation & amort.
−83
−72
−72
−92
−92
EBIT
1 422
739
960
949
1 357
Net financials
−342
−275
−440
−712
−793
Profit before tax
1 081
464
519
237
564
Tax
233
102
114
52
124
Net profit
848
362
405
185
440
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
14 040
13 236
13 638
13 466
13 483
Equity
63
425
427
124
116
Long-term debt
12 320
11 680
12 174
12 172
12 170
Short-term debt
1 511
983
1 038
1 170
1 197
Total debt
13 977
12 811
13 211
13 342
13 368
Financial ratios
5-year trend
EBITDA margin
31.2%
This company
15.8%
Market median
+97% vs market
2020
2024
Equity ratio
0.9%
This company
38.2%
Market median
-98% vs market
2020
2024
Return on equity
380.1%
This company
18.4%
Market median
+1966% vs market
2020
2024
Net profit margin
9.5%
This company
8.1%
Market median
+17% vs market
2020
2024
Asset turnover
0.34×
This company
1.12×
Market median
-70% vs market
2020
2024
Debt / equity
115.48×
This company
0.62×
Market median
-18526% 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 2020-02-03 – 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)
OL
Otto Lied
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Baccadent A/S
Company
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Baccadent A/S
ULSMÅGVEGEN 20 AS
(this company)
Board network connections
Board members of ULSMÅGVEGEN 20 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Otto Lied
Chairman
0 companies