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HIGH NORTH QUALITY AS
AS
Active
Org 926097342
Dr. Palmstrøms Vei 15, 9901 Kirkenes
Non-specialised wholesale of food, beverages and tobacco · NACE 4639
Est. 2020
3 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 10,2M
-20% vs 2023
EBITDA margin
-64.9%
-1057% vs 2023
Equity ratio
-143.5%
Financial strength
Net profit 2024
NOK -5,7M
-1145% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
-7M
-800%
2024
Key figures
Annual report 2024
Revenue
NOK 10,2M
-20%
EBITDA
NOK -6,6M
-1057%
Net profit
NOK -5,7M
-1145%
Total assets
NOK 4M
+65%
Equity
NOK -5,7M
-19097%
Employees
3
—
Company information
Legal name
HIGH NORTH QUALITY AS
Org number
926097342
Legal form
Aksjeselskap
NACE code
4639 · Non-specialised wholesale of food, beverages and tobacco
Founded
10. desember 2020
Share capital
NOK 30 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Handel og agenturvirksomhet samt enhver annen virksomhet i sammenheng med det her nevnte, herunder deltakelse i andre selskap.
Contact
Address
Dr. Palmstrøms Vei 15, 9901 Kirkenes
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Companies in Non-specialised wholesale of food, beverages and tobacco
Companies in Sør-Varanger
All Norway companies
Revenue
NOK millions
0M
4M
7M
11M
15M
0M
2020
2M
2021
2M
2022
13M
2023
10M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
1M
2023
-7M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
0
1 968
1 522
12 727
10 155
Staff expenses
−0
−0
−490
−2 964
−2 209
EBITDA
0
−69
−122
688
−6 590
Depreciation & amort.
−0
−0
−0
−3
−6
EBIT
0
−69
−122
685
−6 596
Net financials
0
15
12
−19
−676
Profit before tax
0
−54
−110
666
−7 272
Tax
−0
−0
−0
118
−1 543
Net profit
0
−54
−110
548
−5 729
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
30
250
358
2 408
3 972
Equity
24
−29
−140
30
−5 699
Long-term debt
0
0
0
1
3 268
Short-term debt
6
279
498
2 377
6 403
Total debt
6
279
498
2 378
9 671
Financial ratios
5-year trend
EBITDA margin
-64.9%
This company
15.8%
Market median
-511% vs market
2020
2024
Equity ratio
-143.5%
This company
38.2%
Market median
-476% vs market
2020
2024
Return on equity
-572922300.0%
This company
18.4%
Market median
-3113708252% vs market
2020
2024
Net profit margin
-56.4%
This company
8.1%
Market median
-796% vs market
2020
2024
Asset turnover
2.56×
This company
1.12×
Market median
+129% vs market
2020
2024
Debt / equity
1.70×
This company
0.62×
Market median
-174% 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
Age
Other directorships
YZ
Yingxiang Zhao
Chief Executive Officer
Chief Executive Officer
2020
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
OR
Olav Rygh
Board of Directors
2020
—
—
PL
Pål Lund-Roland
Chairman
2020
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
High North Development Group As
Company
100.0%
100.0%
2024
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Company hierarchy
Steinerud As
High North Development Group As
HIGH NORTH QUALITY AS
(this company)
MJØSA ENERGY AS
E-THOR ENERGY SOLUTION AS
TCIT EUROPE AS
HIGH NORTH ENERGY AS
KIRKENES INTERNATIONAL LOGISTICS HUB AS
Board network connections
Board members of HIGH NORTH QUALITY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Yingxiang Zhao
Chief Executive Officer
0 companies
Olav Rygh
Board of Directors
0 companies
Pål Lund-Roland
Chairman
0 companies