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POLAR PROPERTIES AS
AS
Active
Org 929811968
Vei 604 1A, 9170 Longyearbyen
Rental and operating of own or leased real estate · NACE 6820
Est. 2022
0 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 1,4M
+110% vs 2024
EBITDA margin
31.5%
-19% vs 2024
Equity ratio
92.3%
Financial strength
Net profit 2025
NOK 371K
0% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2022
1M
+100%
2023
1M
0%
2024
0M
-100%
2025
Key figures
Annual report 2025
Revenue
NOK 1,4M
+110%
EBITDA
NOK 441K
-19%
Net profit
NOK 371K
+0%
Total assets
NOK 8,2M
+10%
Equity
NOK 7,5M
+5%
Employees
0
—
Company information
Legal name
POLAR PROPERTIES AS
Org number
929811968
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
10. september 2022
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Investering i eiendom og alt som naturlig hører til dette.
Contact
Address
Vei 604 1A, 9170 Longyearbyen
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Companies in Rental and operating of own or leased real estate
Companies in Svalbard
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2022
1M
2023
1M
2024
1M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
1M
2023
1M
2024
0M
2025
Income statement
NOK thousands
Item
2022
2023
2024
2025
Revenue
390
1 380
666
1 400
Staff expenses
−0
−0
−0
−0
EBITDA
390
1 356
547
441
Depreciation & amort.
−37
−148
−73
−0
EBIT
353
1 208
474
441
Net financials
0
11
−2
1
Profit before tax
353
1 220
472
442
Tax
56
195
101
71
Net profit
296
1 024
371
371
Balance sheet
NOK thousands
Item
2022
2023
2024
2025
Total assets
15 167
16 057
7 398
8 159
Equity
14 810
15 457
7 161
7 532
Long-term debt
0
0
0
0
Short-term debt
357
600
237
627
Total debt
357
600
237
627
Financial ratios
5-year trend
EBITDA margin
31.5%
This company
15.8%
Market median
+99% vs market
2022
2025
Equity ratio
92.3%
This company
38.2%
Market median
+142% vs market
2022
2025
Return on equity
4.9%
This company
18.4%
Market median
-73% vs market
2022
2025
Net profit margin
26.5%
This company
8.1%
Market median
+227% vs market
2022
2025
Asset turnover
0.17×
This company
1.12×
Market median
-85% vs market
2022
2025
Debt / equity
0.08×
This company
0.62×
Market median
+87% vs market
2022
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 2022-05-05 – 2022-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TS
Tollef Svenkerud
Chairman
2022
JC
Jason Charles Roberts
Chairman
2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Polarbygg Spitsbergen As
Company
100%
100%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Surfside Holding As
Storm Norge As
Polarbygg Spitsbergen As
POLAR PROPERTIES AS
(this company)
Board network connections
Board members of POLAR PROPERTIES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tollef Svenkerud
Chairman
0 companies
Jason Charles Roberts
Chairman
0 companies