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LM PROPERTY AS
AS
Active
Org 928059405
Remmemsråket 18, 6390 Vestnes
Architectural activities · NACE 7111
Est. 2021
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 364K
-49% vs 2023
EBITDA margin
51.9%
+15% vs 2023
Equity ratio
16.8%
Financial strength
Net profit 2024
NOK 110K
-14% 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 364K
-49%
EBITDA
NOK 189K
+15%
Net profit
NOK 110K
-14%
Total assets
NOK 2M
+549%
Equity
NOK 339K
+48%
Employees
0
—
Company information
Legal name
LM PROPERTY AS
Org number
928059405
Legal form
Aksjeselskap
NACE code
7111 · Architectural activities
Founded
4. november 2021
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene. Daglig leder alene.
Company purpose
Konsulenttjenester. Kjøp, salg, og utleie av fast eiendom. Oppføring av bygninger. Utvikling av byggeprosjekter.
Contact
Address
Remmemsråket 18, 6390 Vestnes
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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Companies in Architectural activities
Companies in Vestnes
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
1M
2023
0M
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
0
71
708
364
Staff expenses
−0
−0
−0
−0
EBITDA
0
71
165
189
Depreciation & amort.
−0
−0
−0
−0
EBIT
0
71
165
189
Net financials
0
0
0
−95
Profit before tax
0
71
165
94
Tax
−0
16
36
−15
Net profit
0
55
128
110
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
Total assets
30
106
312
2 022
Equity
30
85
229
339
Long-term debt
0
0
0
1 621
Short-term debt
0
21
83
62
Total debt
0
21
83
1 683
Financial ratios
5-year trend
EBITDA margin
51.9%
This company
15.8%
Market median
+228% vs market
2021
2024
Equity ratio
16.8%
This company
38.2%
Market median
-56% vs market
2021
2024
Return on equity
32.4%
This company
18.4%
Market median
+76% vs market
2021
2024
Net profit margin
30.2%
This company
8.1%
Market median
+273% vs market
2021
2024
Asset turnover
0.18×
This company
1.12×
Market median
-84% vs market
2021
2024
Debt / equity
4.96×
This company
0.62×
Market median
-700% 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
Current (1)
TU
Terje Ulvestad
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of LM PROPERTY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Ulvestad
Chief Executive Officer
0 companies