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LE UTVIKLING AS
AS
Active
Org 927202530
Hvitstenveien 280, 1542 Vestby
Rental and operating of own or leased real estate · NACE 6820
Est. 2021
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 585K
+186% vs 2024
EBITDA margin
89.6%
+271% vs 2024
Equity ratio
14.3%
Financial strength
Net profit 2025
NOK 242K
+310% vs 2024
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
0%
2022
1M
+100%
2023
0M
-100%
2024
1M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 585K
+186%
EBITDA
NOK 524K
+271%
Net profit
NOK 242K
+310%
Total assets
NOK 735K
-82%
Equity
NOK 105K
-76%
Employees
0
—
Company information
Legal name
LE UTVIKLING AS
Org number
927202530
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
4. juni 2021
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Investerings- og handelsvirksomhet, kjøp/salg og utleie av fast eiendom, samt aksjeerverv eller investeringer i tilsvarende selskaper.
Contact
Address
Hvitstenveien 280, 1542 Vestby
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Rental and operating of own or leased real estate
Companies in Vestby
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
0M
2021
0M
2022
3M
2023
0M
2024
1M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
1M
2023
0M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
0
60
3 275
204
585
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−1
−13
959
141
524
Depreciation & amort.
−0
−35
−86
−86
−64
EBIT
−1
−48
874
56
460
Net financials
0
−54
−172
−202
−150
Profit before tax
−1
−102
701
−147
310
Tax
−2
−22
154
−31
68
Net profit
0
−79
547
−115
242
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
72
6 585
4 494
4 180
735
Equity
25
−39
508
438
105
Long-term debt
0
0
0
0
0
Short-term debt
47
16
182
19
600
Total debt
47
6 624
3 986
3 742
630
Financial ratios
5-year trend
EBITDA margin
89.6%
This company
15.8%
Market median
+467% vs market
2021
2025
Equity ratio
14.3%
This company
38.2%
Market median
-63% vs market
2021
2025
Return on equity
230.3%
This company
18.4%
Market median
+1152% vs market
2021
2025
Net profit margin
41.3%
This company
8.1%
Market median
+410% vs market
2021
2025
Asset turnover
0.80×
This company
1.12×
Market median
-29% vs market
2021
2025
Debt / equity
6.00×
This company
0.62×
Market median
-868% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
LE
Lars Edvardsen
Chief Executive Officer
Chief Executive Officer
2021
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
MØ
Mathias Østlund Edvardsen
Board of Directors
2021
—
—
MØ
Malin Østlund Edvardsen
Board of Directors
2021
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Le Holding 1 As
Company
100.0%
100.0%
2022
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Company hierarchy
Le Holding 1 As
LE UTVIKLING AS
(this company)
Board network connections
Board members of LE UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lars Edvardsen
Chief Executive Officer
0 companies
Mathias Østlund Edvardsen
Board of Directors
0 companies
Malin Østlund Edvardsen
Board of Directors
0 companies