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MIDTGÅRDVEIEN 16 AS
AS
Active
Org 930941980
Midtgårdveien 16, 4031 Stavanger
Rental and operating of own or leased real estate · NACE 6820
Est. 2023
0 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,9M
+5% vs 2023
EBITDA margin
93.8%
+2% vs 2023
Equity ratio
23.0%
Financial strength
Net profit 2024
NOK 803K
+19% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2023
2M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,9M
+5%
EBITDA
NOK 1,7M
+2%
Net profit
NOK 803K
+19%
Total assets
NOK 8,4M
-3%
Equity
NOK 1,9M
-5%
Employees
0
—
Company information
Legal name
MIDTGÅRDVEIEN 16 AS
Org number
930941980
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
4. mars 2023
Share capital
NOK 115 880
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Kjøp og salg av eiendommer, drive utleie av fast eiendom og hva dermed står i forbindelse.
Contact
Address
Midtgårdveien 16, 4031 Stavanger
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Companies in Rental and operating of own or leased real estate
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2023
2M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2023
2M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
1 770
1 856
Staff expenses
−0
−0
EBITDA
1 716
1 742
Depreciation & amort.
−300
−301
EBIT
1 415
1 441
Net financials
−399
−411
Profit before tax
1 016
1 029
Tax
339
226
Net profit
677
803
Balance sheet
NOK thousands
Item
2023
2024
Total assets
8 696
8 430
Equity
2 030
1 937
Long-term debt
5 454
5 152
Short-term debt
1 212
1 342
Total debt
6 666
6 494
Financial ratios
5-year trend
EBITDA margin
93.8%
This company
15.8%
Market median
+494% vs market
2023
2024
Equity ratio
23.0%
This company
38.2%
Market median
-40% vs market
2023
2024
Return on equity
41.5%
This company
18.4%
Market median
+126% vs market
2023
2024
Net profit margin
43.3%
This company
8.1%
Market median
+435% vs market
2023
2024
Asset turnover
0.22×
This company
1.12×
Market median
-80% vs market
2023
2024
Debt / equity
3.35×
This company
0.62×
Market median
-440% vs market
2023
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 2022-12-15 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TE
Torbjørn Erga
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AK
Arvid Kvassheim
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Busolar As
Company
100%
100%
2023
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Company hierarchy
Busolar As
MIDTGÅRDVEIEN 16 AS
(this company)
Board network connections
Board members of MIDTGÅRDVEIEN 16 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Torbjørn Erga
Chief Executive Officer
0 companies
Arvid Kvassheim
Chairman
0 companies