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CITY CUT STAVANGER AS
AS
Active
Org 929261267
Bergelandsgata 1, 4012 Stavanger
Hairdressing and barber activities · NACE 9621
Est. 2022
5 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,9M
+4% vs 2023
EBITDA margin
7.1%
+162% vs 2023
Equity ratio
8.0%
Financial strength
Net profit 2024
NOK 125K
+153% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,9M
+4%
EBITDA
NOK 134K
+162%
Net profit
NOK 125K
+153%
Total assets
NOK 290K
-6%
Equity
NOK 23K
+123%
Employees
5
—
Company information
Legal name
CITY CUT STAVANGER AS
Org number
929261267
Legal form
Aksjeselskap
NACE code
9621 · Hairdressing and barber activities
Founded
25. mai 2022
Share capital
NOK 30 000
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Frisørsalong.
Contact
Address
Bergelandsgata 1, 4012 Stavanger
Phone
+4751592258
Email
post@citycut.no
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Companies in Hairdressing and barber activities
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
1M
2022
2M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
1 020
1 816
1 889
Staff expenses
−530
−1 354
−1 313
EBITDA
208
−215
134
Depreciation & amort.
−71
−0
−0
EBIT
137
−215
134
Net financials
−5
−20
−9
Profit before tax
132
−235
125
Tax
29
−0
−0
Net profit
103
−235
125
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
696
308
290
Equity
133
−101
23
Long-term debt
303
0
0
Short-term debt
259
409
267
Total debt
562
409
267
Financial ratios
5-year trend
EBITDA margin
7.1%
This company
15.8%
Market median
-55% vs market
2022
2024
Equity ratio
8.0%
This company
38.2%
Market median
-79% vs market
2022
2024
Return on equity
539.9%
This company
18.4%
Market median
+2834% vs market
2022
2024
Net profit margin
6.6%
This company
8.1%
Market median
-19% vs market
2022
2024
Asset turnover
6.51×
This company
1.12×
Market median
+481% vs market
2022
2024
Debt / equity
11.57×
This company
0.62×
Market median
-1766% vs market
2022
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
DM
Derbaz Mirza
Chief Executive Officer
Chief Executive Officer
2022
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of CITY CUT STAVANGER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Derbaz Mirza
Chief Executive Officer
0 companies