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FOLKSEIENDOM UTVIKLING AS
AS
Active
Org 925610666
Olaf Helsets Vei 5, 0694 Oslo
Development of building projects · NACE 6812
Est. 2020
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 123K
0% vs 2023
EBITDA margin
22.4%
+203% vs 2023
Equity ratio
42.6%
Financial strength
Net profit 2024
NOK 22K
-90% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 123K
+0%
EBITDA
NOK 28K
+203%
Net profit
NOK 22K
-90%
Total assets
NOK 1,7M
-1%
Equity
NOK 743K
+3%
Employees
0
—
Company information
Legal name
FOLKSEIENDOM UTVIKLING AS
Org number
925610666
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
10. september 2020
Share capital
NOK 33 030
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Kjøp, salg, utvikling og utleie av fast eiendom.
Contact
Address
Olaf Helsets Vei 5, 0694 Oslo
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Explore
Companies in Development of building projects
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
0
267
265
124
123
Staff expenses
−0
−0
−2
−0
−0
EBITDA
−9
177
191
−27
28
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−9
177
191
−27
28
Net financials
0
−0
−3
248
−6
Profit before tax
−9
177
188
221
22
Tax
−0
38
41
−0
−0
Net profit
−9
139
147
221
22
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
735
2 192
2 192
1 763
1 745
Equity
15
155
301
721
743
Long-term debt
720
720
720
720
720
Short-term debt
0
1 317
1 171
321
282
Total debt
720
2 037
1 891
1 041
1 002
Financial ratios
5-year trend
EBITDA margin
22.4%
This company
15.8%
Market median
+42% vs market
2020
2024
Equity ratio
42.6%
This company
38.2%
Market median
+12% vs market
2020
2024
Return on equity
2.9%
This company
18.4%
Market median
-84% vs market
2020
2024
Net profit margin
17.6%
This company
8.1%
Market median
+117% vs market
2020
2024
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
2020
2024
Debt / equity
1.35×
This company
0.62×
Market median
-118% 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
Name
Role
Member since
Current (1)
PS
Peter Samgwa Fongod
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
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
FOLKSEIENDOM UTVIKLING AS
(this company)
TUSSEFARET 2 AS
B4a Gruppen As
FINSTADVEGEN 70 AS
ABAKKEN AS
Board network connections
Board members of FOLKSEIENDOM UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Peter Samgwa Fongod
Chief Executive Officer
0 companies