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PROGAR UTVIKLING AS
AS
Active
Org 927458128
Tulipanvegen 6, 2864 Fall
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 2024
NOK 7,8M
-14% vs 2023
EBITDA margin
95.4%
-16% vs 2023
Equity ratio
53.4%
Financial strength
Net profit 2024
NOK 4,2M
-16% vs 2023
EBITDA — year on year
NOK millions
0M
3M
6M
8M
11M
6M
2021
8M
+33%
2022
9M
+13%
2023
7M
-22%
2024
Key figures
Annual report 2024
Revenue
NOK 7,8M
-14%
EBITDA
NOK 7,5M
-16%
Net profit
NOK 4,2M
-16%
Total assets
NOK 15,7M
-8%
Equity
NOK 8,4M
+0%
Employees
0
—
Company information
Legal name
PROGAR UTVIKLING AS
Org number
927458128
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
16. august 2021
Share capital
NOK 891 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Å eie og drive fast eiendom i landbruket, maskinutleie i landbruket, samt eie aksjer og andeler i andre selskaper.
Contact
Address
Tulipanvegen 6, 2864 Fall
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Søndre Land
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
6M
2021
8M
2022
9M
2023
8M
2024
EBITDA
NOK millions
0M
3M
5M
8M
10M
6M
2021
8M
2022
9M
2023
7M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
6 355
7 741
9 145
7 832
Staff expenses
−0
−0
−0
−0
EBITDA
6 339
7 568
8 874
7 474
Depreciation & amort.
−3 076
−3 057
−2 454
−2 073
EBIT
3 263
4 511
6 419
5 400
Net financials
−191
−47
−1
0
Profit before tax
3 072
4 463
6 418
5 400
Tax
651
982
1 412
1 188
Net profit
2 421
3 481
5 006
4 212
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
21 369
18 455
17 091
15 704
Equity
8 371
8 378
8 383
8 385
Long-term debt
4 333
0
0
0
Short-term debt
8 665
10 076
8 708
7 319
Total debt
12 998
10 076
8 708
7 319
Financial ratios
5-year trend
EBITDA margin
95.4%
This company
15.8%
Market median
+504% vs market
2021
2024
Equity ratio
53.4%
This company
38.2%
Market median
+40% vs market
2021
2024
Return on equity
50.2%
This company
18.4%
Market median
+173% vs market
2021
2024
Net profit margin
53.8%
This company
8.1%
Market median
+564% vs market
2021
2024
Asset turnover
0.50×
This company
1.12×
Market median
-55% vs market
2021
2024
Debt / equity
0.87×
This company
0.62×
Market median
+40% 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 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
JK
Jørgen Karlsen
Chief Executive Officer
Chief Executive Officer
2021
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
IM
Ingunn Marie Søvik
Board of Directors
2021
—
—
SN
Sigvald Nyberg Karlsen
Chairman
2021
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Progar Holding As
Company
90.4%
90.4%
2022
Unknown
Individual
9.6%
9.6%
2022
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
Progar Holding As
PROGAR UTVIKLING AS
(this company)
Board network connections
Board members of PROGAR UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jørgen Karlsen
Chief Executive Officer
0 companies
Ingunn Marie Søvik
Board of Directors
0 companies
Sigvald Nyberg Karlsen
Chairman
0 companies