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NORTE DEVELOPMENT CORPORATION AS
AS
Active
Org 930434086
Husebyveien 6, 0377 Oslo
Utleie av egen eller leid fast eiendom ellers · NACE 68209
Est. 1981
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 833K
-55% vs 2020
EBITDA margin
-105.4%
-280% vs 2020
Equity ratio
-9.8%
Financial strength
Net profit 2021
NOK -1,8M
-144% vs 2020
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
-1M
2017
0M
+100%
2018
-1M
-100%
2019
0M
+100%
2020
-1M
-100%
2021
Key figures
Annual report 2021
Revenue
NOK 833K
-55%
EBITDA
NOK -878K
-280%
Net profit
NOK -1,8M
-144%
Total assets
NOK 29,2M
+1%
Equity
NOK -2,9M
-161%
Employees
0
—
Company information
Legal name
NORTE DEVELOPMENT CORPORATION AS
Org number
930434086
Legal form
Aksjeselskap
NACE code
68209 · Utleie av egen eller leid fast eiendom ellers
Founded
7. august 1981
Share capital
NOK 100 500 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene. Daglig leder alene.
Contact
Address
Husebyveien 6, 0377 Oslo
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Companies in Utleie av egen eller leid fast eiendom ellers
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
1M
2017
1M
2018
1M
2019
2M
2020
1M
2021
EBITDA
NOK millions
0M
0M
1M
1M
1M
-1M
2017
0M
2018
-1M
2019
0M
2020
-1M
2021
Income statement
NOK thousands
Item
2017
2018
2019
2020
2021
Revenue
548
884
759
1 837
833
Staff expenses
−206
−215
−375
−435
−503
EBITDA
−716
−443
−1 270
487
−878
Depreciation & amort.
−207
−200
−200
−200
−200
EBIT
−922
−643
−1 470
287
−1 078
Net financials
−1 290
−1 250
−1 409
−1 216
−1 184
Profit before tax
−2 213
−1 893
−2 880
−929
−2 262
Tax
−3 999
−243
−504
−204
−498
Net profit
1 786
−1 650
−2 376
−724
−1 765
Balance sheet
NOK thousands
Item
2017
2018
2019
2020
2021
Total assets
28 632
29 342
28 712
28 840
29 226
Equity
2 656
1 006
−370
−1 095
−2 859
Long-term debt
10 000
10 000
10 000
15 000
15 000
Short-term debt
15 976
18 336
19 082
14 935
17 086
Total debt
25 976
28 336
29 082
29 935
32 086
Financial ratios
5-year trend
EBITDA margin
-105.4%
This company
15.8%
Market median
-767% vs market
2017
2021
Equity ratio
-9.8%
This company
38.2%
Market median
-126% vs market
2017
2021
Return on equity
-176467100.0%
This company
18.4%
Market median
-959060426% vs market
2017
2021
Net profit margin
-211.8%
This company
8.1%
Market median
-2715% vs market
2017
2021
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2017
2021
Debt / equity
11.22×
This company
0.62×
Market median
-1710% vs market
2017
2021
Annual reports & filings
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
BG
Bård Gaute Bergfald
Board of Directors
2021
RA
Randi Aasgaard Færden
Chairman
2021
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 NORTE DEVELOPMENT CORPORATION AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bård Gaute Bergfald
Board of Directors
0 companies
Randi Aasgaard Færden
Chairman
0 companies