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HIGHTIME AS
AS
Active
Org 926697099
Birkedalsveien 26, 4640 Søgne
Other non-specialised retail sale · NACE 4712
Est. 2021
14 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2M
+414% vs 2023
EBITDA margin
15.4%
+1141% vs 2023
Equity ratio
33.9%
Financial strength
Net profit 2024
NOK 201K
+1019% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2M
+414%
EBITDA
NOK 307K
+1141%
Net profit
NOK 201K
+1019%
Total assets
NOK 1,6M
+223%
Equity
NOK 549K
+58%
Employees
14
—
Company information
Legal name
HIGHTIME AS
Org number
926697099
Legal form
Aksjeselskap
NACE code
4712 · Other non-specialised retail sale
Founded
22. mars 2021
Share capital
NOK 470 588
Employees
14 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Handelsvirksomhet.
Contact
Address
Birkedalsveien 26, 4640 Søgne
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Companies in Other non-specialised retail sale
Companies in Kristiansand
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2021
2M
2022
0M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
2 000
1 745
388
1 995
Staff expenses
−130
−135
−53
−170
EBITDA
−234
276
25
307
Depreciation & amort.
−0
−0
−0
−0
EBIT
−234
276
25
307
Net financials
−21
−51
−47
−64
Profit before tax
−254
224
−22
243
Tax
−0
−0
−0
42
Net profit
−254
224
−22
201
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
2 220
1 089
502
1 620
Equity
146
370
348
549
Long-term debt
0
43
43
43
Short-term debt
2 075
677
111
1 028
Total debt
2 075
720
154
1 071
Financial ratios
5-year trend
EBITDA margin
15.4%
This company
15.8%
Market median
+3% vs market
2021
2024
Equity ratio
33.9%
This company
38.2%
Market median
+11% vs market
2021
2024
Return on equity
36.6%
This company
18.4%
Market median
+99% vs market
2021
2024
Net profit margin
10.1%
This company
8.1%
Market median
+25% vs market
2021
2024
Asset turnover
1.23×
This company
1.12×
Market median
+10% vs market
2021
2024
Debt / equity
1.95×
This company
0.62×
Market median
-215% vs market
2021
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 2021-02-05 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
JK
Johannes Kjøstvedt
Chief Executive Officer
Chief Executive Officer
2022
—
—
HH
Henrik Høyland
Chief Executive Officer
Chief Executive Officer
2021
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
MO
Mats Olsrud
Chairman
2022
—
—
MA
Marius Andersen
Chairman
2025
—
—
BB
Bjørn Bondevik
Board of Directors
2025
—
—
RE
René Eide Natvig
Board of Directors
2022
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hands On Invest As
Company
35.0%
35.0%
2024
Marius Andersen
Individual
20.0%
20.0%
2024
Kjøstvedt Invest As
Company
20.0%
20.0%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of HIGHTIME AS also hold positions in
0
other companies.
Person
Role here
Other companies
Johannes Kjøstvedt
Chief Executive Officer
0 companies
Henrik Høyland
Chief Executive Officer
0 companies
Mats Olsrud
Chairman
0 companies
Marius Andersen
Chairman
0 companies
Bjørn Bondevik
Board of Directors
0 companies
René Eide Natvig
Board of Directors
0 companies