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AS TORVGATEN 34
AS
Active
Org 929918665
Bærumsveien 211, 1357 Bekkestua
Rental and operating of own or leased real estate · NACE 6820
Est. 1928
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 4,8M
+6% vs 2023
EBITDA margin
24.7%
-20% vs 2023
Equity ratio
26.6%
Financial strength
Net profit 2024
NOK 385K
-82% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
2M
+100%
2021
1M
-50%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 4,8M
+6%
EBITDA
NOK 1,2M
-20%
Net profit
NOK 385K
-82%
Total assets
NOK 16,4M
+0%
Equity
NOK 4,4M
-22%
Employees
2
—
Company information
Legal name
AS TORVGATEN 34
Org number
929918665
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
25. januar 1928
Share capital
NOK 112 500
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Bærumsveien 211, 1357 Bekkestua
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Companies in Rental and operating of own or leased real estate
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
4M
2020
4M
2021
4M
2022
5M
2023
5M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 640
4 027
4 120
4 523
4 774
Staff expenses
−255
−371
−354
−374
−405
EBITDA
1 330
1 834
1 406
1 467
1 180
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
1 330
1 834
1 406
1 467
1 180
Net financials
−456
−382
−431
−746
−687
Profit before tax
874
1 452
975
721
494
Tax
193
320
226
−1 428
108
Net profit
682
1 133
750
2 150
385
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
16 916
17 465
17 647
16 355
16 380
Equity
1 528
2 661
3 410
5 560
4 359
Long-term debt
12 437
11 878
11 354
9 268
10 335
Short-term debt
2 952
2 925
2 882
1 527
1 685
Total debt
15 388
14 804
14 236
10 795
12 020
Financial ratios
5-year trend
EBITDA margin
24.7%
This company
15.8%
Market median
+56% vs market
2020
2024
Equity ratio
26.6%
This company
38.2%
Market median
-30% vs market
2020
2024
Return on equity
8.8%
This company
18.4%
Market median
-52% vs market
2020
2024
Net profit margin
8.1%
This company
8.1%
Market median
+0% vs market
2020
2024
Asset turnover
0.29×
This company
1.12×
Market median
-74% vs market
2020
2024
Debt / equity
2.76×
This company
0.62×
Market median
-345% vs market
2020
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
CA
Carl Arne Olssøn
Deputy Member
Deputy Member
1990 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
OC
Ole Christian Olssøn
Board of Directors
2023
HA
Haakon Arnesen
Chairman
1990
Former (1)
IO
Inger Olssøn
Board of Directors
1990 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gjæringen Invest As
Company
61.11%
61.11%
2024
Iah Invest As
Company
38.89%
38.89%
2024
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Company hierarchy
Gjæringen Invest As
AS TORVGATEN 34
(this company)
Board network connections
Board members of AS TORVGATEN 34 also hold positions in
0
other companies.
Person
Role here
Other companies
Carl Arne Olssøn
Deputy Member
0 companies
Ole Christian Olssøn
Board of Directors
0 companies
Inger Olssøn
Board of Directors
0 companies
Haakon Arnesen
Chairman
0 companies