Riskpilot← Back to searchSign inGet full accessKINGS BAY AS
ASActiveOrg 930155500Hotels and similar accommodation · NACE 5510Est. 191634 employees
Revenue 2024
NOK 125,9M
0% vs 2023
EBITDA margin
-7.9%
-263% vs 2023
Equity ratio
44.7%
Financial strength
Net profit 2024
NOK -9,4M
-269% vs 2023
| Revenue | NOK 125,9M | +0% |
| EBITDA | NOK -9,9M | -263% |
| Net profit | NOK -9,4M | -269% |
| Total assets | NOK 39,2M | -23% |
| Equity | NOK 17,5M | -36% |
| Employees | 34 | — |
Legal name
KINGS BAY AS
Org number
930155500
Legal form
Aksjeselskap
NACE code
5510 · Hotels and similar accommodation
Founded
14. desember 1916
Share capital
NOK 7 000 000
Employees
34 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap. To styremedlemmer i fellesskap.
Company purpose
Drift, vedlikehold og utvikling av selskapets eiendommer på svalbard, bygningsmasse og annen infrastruktur i ny-ålesund, herunder et særskilt ansvar for å ivareta kulturminnene på stedet. Selskapet skal yte tjenester og tilrettelegge for bruken av infrastrukturen på stedet til forskning og vitenskapelig virksomhet i ny-ålesund, som norsk forskningsstasjon for internasjonalt forskningssamarbeid i verdensklasse, på en måte som bidrar til å understøtte de overordnede målene i norsk svalbardpolitikk. Planmessig utvikling og forvaltning av bygningsmasse og infrastruktur skal bygge opp under forskningsstrategien for ny-ålesund, og legge til rette for tematiske sentre knyttet til prioriterte områder med utstyr for felles bruk. Kings bay as yter også administrative tjenester til bjørnøen as.
Address
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 82 589 | 82 217 | 102 673 | 126 033 | 125 898 |
| Staff expenses | −24 454 | −27 310 | −30 084 | −32 827 | −35 499 |
| EBITDA | 11 022 | −71 | −228 | 6 059 | −9 897 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 |
| EBIT | 11 022 | −71 | −228 | 6 059 | −9 897 |
| Net financials | −298 | −287 | −37 | 442 | 475 |
| Profit before tax | 10 724 | −358 | −265 | 6 501 | −9 423 |
| Tax | 1 547 | −61 | −0 | 935 | −0 |
| Net profit | 9 177 | −296 | −265 | 5 567 | −9 423 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 49 532 | 35 922 | 39 370 | 50 661 | 39 182 |
| Equity | 22 288 | 22 015 | 21 750 | 27 317 | 17 508 |
| Long-term debt | 4 148 | 3 639 | 1 792 | 1 500 | 1 191 |
| Short-term debt | 23 097 | 10 268 | 15 828 | 21 845 | 20 483 |
| Total debt | 27 244 | 13 907 | 17 620 | 23 345 | 21 674 |
EBITDA margin
-7.9%
This company
15.8%
Market median
-150% vs market
20202024
Equity ratio
44.7%
This company
38.2%
Market median
+17% vs market
20202024
Return on equity
-53.8%
This company
18.4%
Market median
-392% vs market
20202024
Net profit margin
-7.5%
This company
8.1%
Market median
-193% vs market
20202024
Asset turnover
3.21×
This company
1.12×
Market median
+187% vs market
20202024
Debt / equity
1.24×
This company
0.62×
Market median
-100% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
HW Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (1) | ||
LS Chief Executive Officer | Chief Executive Officer | 2020 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2023 | |
| Board of Directors | 2022 | |
| Board of Directors | 2023 | |
| Board of Directors | 2022 | |
| Chairman | 2022 | |
| Former (3) | ||
| Board of Directors | 2022 – 2023 | |
| Board of Directors | 2020 – 2022 | |
| Deputy Chairman | 2022 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
KLIMA- OG MILJØDEPARTEMENTET
KINGS BAY AS Board members of KINGS BAY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars-Ole Saugnes | Chief Executive Officer | 0 companies |
| Hege Walør Fagertun | Chief Executive Officer | 0 companies |
| Bo Nyborg Andersen | Board of Directors | 0 companies |
| Ellen Langeggen | Board of Directors | 0 companies |
| Elin Bang Tverfjeld | Board of Directors | 0 companies |
| Lise Bartnes Aalberg | Board of Directors | 0 companies |
| Harald Bentz Høgseth | Board of Directors | 0 companies |
| Tor Instanes | Chairman | 0 companies |
| Harald Collin Bentz Høgseth | Board of Directors | 0 companies |
| Widar Salbuvik | Deputy Chairman | 0 companies |