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BAAX BOLIG AS
AS
Active
Org 927809753
Blåtoppvegen 24, 4351 Kleppe
Development of building projects · NACE 6812
Est. 2021
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 4,1M
+145% vs 2023
EBITDA margin
20.0%
+210% vs 2023
Equity ratio
16.1%
Financial strength
Net profit 2024
NOK 767K
+186% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
0M
2021
0M
0%
2022
-1M
-100%
2023
1M
+200%
2024
Key figures
Annual report 2024
Revenue
NOK 4,1M
+145%
EBITDA
NOK 826K
+210%
Net profit
NOK 767K
+186%
Total assets
NOK 9,9M
+4%
Equity
NOK 1,6M
+92%
Employees
1
—
Company information
Legal name
BAAX BOLIG AS
Org number
927809753
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
25. september 2021
Share capital
NOK 400 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Eie, investere i og utvikle eiendom samt deltakelse av enhver art i andre virksomheter og hva herved står i forbindelse.
Contact
Address
Blåtoppvegen 24, 4351 Kleppe
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Explore
Companies in Development of building projects
Companies in Klepp
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
0M
2021
1M
2022
2M
2023
4M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
-1M
2023
1M
2024
Income statement
NOK thousands
Item
2021
2022
2023
2024
Revenue
245
1 444
1 680
4 122
Staff expenses
−363
−1 337
−1 344
−1 448
EBITDA
−390
−164
−753
826
Depreciation & amort.
−0
−0
−0
−0
EBIT
−390
−164
−753
826
Net financials
−2
88
−139
−59
Profit before tax
−392
−77
−891
767
Tax
−0
−0
−0
−0
Net profit
−392
−77
−891
767
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
574
6 684
9 560
9 918
Equity
−198
−274
834
1 601
Long-term debt
0
0
0
0
Short-term debt
772
6 958
8 726
8 317
Total debt
772
6 958
8 726
8 317
Financial ratios
5-year trend
EBITDA margin
20.0%
This company
15.8%
Market median
+27% vs market
2021
2024
Equity ratio
16.1%
This company
38.2%
Market median
-58% vs market
2021
2024
Return on equity
47.9%
This company
18.4%
Market median
+160% vs market
2021
2024
Net profit margin
18.6%
This company
8.1%
Market median
+130% vs market
2021
2024
Asset turnover
0.42×
This company
1.12×
Market median
-63% vs market
2021
2024
Debt / equity
5.20×
This company
0.62×
Market median
-739% 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 2021-08-28 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
FM
Fridtjov Middelthon
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
OS
Ola Soppeland
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Its Hammertime As
Company
50%
50%
2022
Abcdef As
Company
50%
50%
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
Its Hammertime As
BAAX BOLIG AS
(this company)
RYFYLKE PROSJEKT AS
REE PROSJEKT AS
Board network connections
Board members of BAAX BOLIG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Fridtjov Middelthon
Chief Executive Officer
0 companies
Ola Soppeland
Chairman
0 companies