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ØSTKILEN UTVIKLING AS
AS
Active
Org 932604418
Hjalmar Bjørges Vei 105, 1604 Fredrikstad
Rental and operating of own or leased real estate · NACE 6820
Est. 2023
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,1M
+56% vs 2023
EBITDA margin
59.8%
+192% vs 2023
Equity ratio
98.7%
Financial strength
Net profit 2024
NOK 528K
+146% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 2,1M
+56%
EBITDA
NOK 1,3M
+192%
Net profit
NOK 528K
+146%
Total assets
NOK 27,9M
-1%
Equity
NOK 27,5M
+2%
Employees
0
—
Company information
Legal name
ØSTKILEN UTVIKLING AS
Org number
932604418
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
13. desember 2023
Share capital
NOK 518 600
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Kjøp, salg og utleie av fast eiendom, samt medvirke i selskap med lignende formål og alt som naturlig hører til dette.
Contact
Address
Hjalmar Bjørges Vei 105, 1604 Fredrikstad
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Fredrikstad
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
1M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
1M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
1 369
2 141
Staff expenses
−0
−0
EBITDA
439
1 282
Depreciation & amort.
−531
−531
EBIT
−92
750
Net financials
−1 305
−74
Profit before tax
−1 396
676
Tax
−246
149
Net profit
−1 151
528
Balance sheet
NOK thousands
Item
2023
2024
Total assets
28 308
27 886
Equity
26 992
27 520
Long-term debt
0
0
Short-term debt
1 316
366
Total debt
1 316
366
Financial ratios
5-year trend
EBITDA margin
59.8%
This company
15.8%
Market median
+278% vs market
2023
2024
Equity ratio
98.7%
This company
38.2%
Market median
+158% vs market
2023
2024
Return on equity
1.9%
This company
18.4%
Market median
-90% vs market
2023
2024
Net profit margin
24.6%
This company
8.1%
Market median
+204% vs market
2023
2024
Asset turnover
0.08×
This company
1.12×
Market median
-93% vs market
2023
2024
Debt / equity
0.01×
This company
0.62×
Market median
+98% 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 2023-01-01 – 2023-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
JE
Jon Einar Melbye
Chairman
2023
AN
Anders Nilsen
Board of Directors
2023
MA
Morten Andre Jacobsen
Board of Directors
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gressvik Properties As
Company
100%
100%
2024
A.T.M Invest As
Company
50%
50%
2023
Bjerknes Eiendom As
Company
50%
50%
2023
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
Bjerknes Eiendom As
Gressvik Properties As
ØSTKILEN UTVIKLING AS
(this company)
Board network connections
Board members of ØSTKILEN UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jon Einar Melbye
Chairman
0 companies
Anders Nilsen
Board of Directors
0 companies
Morten Andre Jacobsen
Board of Directors
0 companies