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LØVSTAD BYGG AS
AS
Active
Org 926724835
Løbergvegen 14B, 3714 Skien
Construction of residential and non-residential buildings · NACE 4100
Est. 2021
10 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8,2M
+19% vs 2023
EBITDA margin
13.2%
+83% vs 2023
Equity ratio
25.5%
Financial strength
Net profit 2024
NOK 716K
+95% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2021
1M
+100%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 8,2M
+19%
EBITDA
NOK 1,1M
+83%
Net profit
NOK 716K
+95%
Total assets
NOK 3,7M
+24%
Equity
NOK 943K
+63%
Employees
10
—
Company information
Legal name
LØVSTAD BYGG AS
Org number
926724835
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
4. mars 2021
Share capital
NOK 100 000
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Byggevirksomhet og ting forbundet med dette. Det vil også kunne gjøres investering i eiendom.
Contact
Address
Løbergvegen 14B, 3714 Skien
Phone
+4795811859
Email
alexander.emil.lovstad@gmail.com
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Companies in Construction of residential and non-residential buildings
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Revenue
NOK millions
0M
2M
5M
7M
9M
3M
2021
6M
2022
7M
2023
8M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
2 898
5 688
6 919
8 215
Staff expenses
−1 397
−2 368
−3 048
−3 082
EBITDA
63
767
594
1 087
Depreciation & amort.
−10
−90
−91
−126
EBIT
53
677
503
961
Net financials
−2
−18
−30
−41
Profit before tax
52
659
474
920
Tax
10
146
106
204
Net profit
42
513
368
716
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
1 031
2 645
2 978
3 690
Equity
136
509
577
943
Long-term debt
7
317
483
388
Short-term debt
888
1 819
1 918
2 360
Total debt
895
2 136
2 401
2 747
Financial ratios
5-year trend
EBITDA margin
13.2%
This company
15.8%
Market median
-16% vs market
2021
2024
Equity ratio
25.5%
This company
38.2%
Market median
-33% vs market
2021
2024
Return on equity
75.9%
This company
18.4%
Market median
+313% vs market
2021
2024
Net profit margin
8.7%
This company
8.1%
Market median
+7% vs market
2021
2024
Asset turnover
2.23×
This company
1.12×
Market median
+99% vs market
2021
2024
Debt / equity
2.91×
This company
0.62×
Market median
-369% 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 2021-01-04 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AE
Alexander Emil Løvstad
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TE
Tor Erling Løvstad
Board of Directors
2021
Former (2)
TJ
Tor Johannessen
Chairman
2021 – 2021
AH
Andreas Hallingstad
Board of Directors
2021 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Løvstad Capital Holding As
Company
100%
100%
2024
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Company hierarchy
Løvstad Capital Holding As
LØVSTAD BYGG AS
(this company)
Board network connections
Board members of LØVSTAD BYGG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Alexander Emil Løvstad
Chief Executive Officer
0 companies
Tor Johannessen
Chairman
0 companies
Andreas Hallingstad
Board of Directors
0 companies
Tor Erling Løvstad
Board of Directors
0 companies