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THE STRAND AS
AS
Active
Org 931271377
Haraldsgata 217, 5525 Haugesund
Restaurant activities · NACE 5611
Est. 2023
10 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 7,1M
+11% vs 2024
EBITDA margin
-4.2%
+51% vs 2024
Equity ratio
-200.7%
Financial strength
Net profit 2025
NOK -389K
+40% vs 2024
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2023
-1M
-100%
2024
0M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 7,1M
+11%
EBITDA
NOK -297K
+51%
Net profit
NOK -389K
+40%
Total assets
NOK 513K
-47%
Equity
NOK -1M
-61%
Employees
10
—
Company information
Legal name
THE STRAND AS
Org number
931271377
Legal form
Aksjeselskap
NACE code
5611 · Restaurant activities
Founded
25. april 2023
Share capital
NOK 30 000
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder eller styrets leder hver for seg.
Company purpose
Restaurant-, bar og serveringsvirksomhet samt annen virksomhet som faller naturlig sammen med dette.
Contact
Address
Haraldsgata 217, 5525 Haugesund
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Revenue
NOK millions
0M
2M
4M
6M
8M
0M
2023
6M
2024
7M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
-1M
2024
0M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
0
6 402
7 129
Staff expenses
−5
−3 185
−3 340
EBITDA
−15
−610
−297
Depreciation & amort.
−0
−25
−60
EBIT
−15
−634
−357
Net financials
0
−16
−32
Profit before tax
−15
−650
−389
Tax
−0
−0
−0
Net profit
−15
−650
−389
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
9
973
513
Equity
9
−641
−1 030
Long-term debt
0
237
0
Short-term debt
0
1 377
1 265
Total debt
0
1 614
1 543
Financial ratios
5-year trend
EBITDA margin
-4.2%
This company
15.8%
Market median
-127% vs market
2023
2025
Equity ratio
-200.7%
This company
38.2%
Market median
-625% vs market
2023
2025
Return on equity
-38879300.0%
This company
18.4%
Market median
-211300643% vs market
2023
2025
Net profit margin
-5.5%
This company
8.1%
Market median
-168% vs market
2023
2025
Asset turnover
13.90×
This company
1.12×
Market median
+1141% vs market
2023
2025
Debt / equity
1.50×
This company
0.62×
Market median
-142% vs market
2023
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 2023-04-13 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KB
Kristine Bhargava
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
DJ
Dominic Justin Bhargava
Chairman
2023
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of THE STRAND AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kristine Bhargava
Chief Executive Officer
0 companies
Dominic Justin Bhargava
Chairman
0 companies