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ERLAND A. MODAL AS
AS
Active
Org 928075427
Tyttebærvegen 2, 2150 Årnes
Development of building projects · NACE 6812
Est. 2021
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 1,5M
+6% vs 2024
EBITDA margin
7.6%
+55% vs 2024
Equity ratio
10.1%
Financial strength
Net profit 2025
NOK 66K
+78% vs 2024
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 1,5M
+6%
EBITDA
NOK 113K
+55%
Net profit
NOK 66K
+78%
Total assets
NOK 845K
+11%
Equity
NOK 85K
+153%
Employees
2
—
Company information
Legal name
ERLAND A. MODAL AS
Org number
928075427
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
22. november 2021
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Investering i eiendom og utvikling for salg, og i tillegg hva styret finner interessant for virksomheten.
Contact
Address
Tyttebærvegen 2, 2150 Årnes
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Explore
Companies in Development of building projects
Companies in Nes
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
1M
2023
1M
2024
1M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
0
0
1 146
1 407
1 495
Staff expenses
−0
−0
−731
−893
−894
EBITDA
−7
−18
24
73
113
Depreciation & amort.
−0
−0
−24
−24
−24
EBIT
−7
−18
−1
49
89
Net financials
0
0
−0
2
2
Profit before tax
−7
−18
−1
51
91
Tax
−0
−6
1
14
25
Net profit
−7
−13
−2
37
66
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
30
67
735
764
845
Equity
23
49
47
34
85
Long-term debt
0
0
1
1
0
Short-term debt
7
18
687
729
760
Total debt
7
18
688
730
760
Financial ratios
5-year trend
EBITDA margin
7.6%
This company
15.8%
Market median
-52% vs market
2021
2025
Equity ratio
10.1%
This company
38.2%
Market median
-74% vs market
2021
2025
Return on equity
77.8%
This company
18.4%
Market median
+323% vs market
2021
2025
Net profit margin
4.4%
This company
8.1%
Market median
-46% vs market
2021
2025
Asset turnover
1.77×
This company
1.12×
Market median
+58% vs market
2021
2025
Debt / equity
8.93×
This company
0.62×
Market median
-1340% 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 2021-10-14 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
EA
Erland André Modal
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Erland A. Modal Holding As
Company
100%
100%
2022
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Company hierarchy
Erland A. Modal Holding As
ERLAND A. MODAL AS
(this company)
Board network connections
Board members of ERLAND A. MODAL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Erland André Modal
Chief Executive Officer
0 companies