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LUGN HYTTER AS
AS
Bankrupt
Org 933788296
Dronningens Gate 15, 3211 Sandefjord
Construction of residential and non-residential buildings · NACE 4100
Est. 1983
18 employees
www.lugnhytter.no
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Overview
Financials
People & ownership
Related companies
Revenue 2023
NOK 41,4M
+3% vs 2022
EBITDA margin
3.3%
-21% vs 2022
Equity ratio
13.2%
Financial strength
Net profit 2023
NOK 630K
-39% vs 2022
EBITDA — year on year
NOK millions
5M
2M
-1M
-4M
-8M
-6M
2019
4M
+167%
2020
3M
-25%
2021
2M
-33%
2022
1M
-50%
2023
Key figures
Annual report 2023
Revenue
NOK 41,4M
+3%
EBITDA
NOK 1,4M
-21%
Net profit
NOK 630K
-39%
Total assets
NOK 25,6M
+119%
Equity
NOK 3,4M
+12%
Employees
18
—
Company information
Legal name
LUGN HYTTER AS
Org number
933788296
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
18. mai 1983
Share capital
NOK 2 410 000
Employees
18 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Daglig leder alene. Styrets leder alene.
Contact
Address
Dronningens Gate 15, 3211 Sandefjord
Phone
+4733473800
Email
post@lugnhytter.no
Website
www.lugnhytter.no
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Companies in Construction of residential and non-residential buildings
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Revenue
NOK millions
0M
12M
24M
35M
47M
28M
2019
35M
2020
40M
2021
40M
2022
41M
2023
EBITDA
NOK millions
0M
1M
2M
3M
5M
-6M
2019
4M
2020
3M
2021
2M
2022
1M
2023
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
Revenue
27 769
34 632
40 328
40 163
41 387
Staff expenses
−8 477
−5 954
−12 706
−14 146
−13 817
EBITDA
−5 654
3 898
2 585
1 713
1 358
Depreciation & amort.
−450
−489
−529
−626
−404
EBIT
−6 103
3 409
2 056
1 087
954
Net financials
−232
−306
−61
−52
−253
Profit before tax
−6 336
3 103
1 995
1 035
701
Tax
180
−0
−0
−0
72
Net profit
−6 515
3 103
1 995
1 035
630
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
Total assets
33 560
16 544
13 473
11 700
25 579
Equity
4 964
5 006
3 700
3 010
3 386
Long-term debt
9 095
1 566
528
364
12 388
Short-term debt
19 501
9 972
9 245
8 326
9 805
Total debt
28 596
11 538
9 773
8 690
22 193
Financial ratios
5-year trend
EBITDA margin
3.3%
This company
15.8%
Market median
-79% vs market
2019
2023
Equity ratio
13.2%
This company
38.2%
Market median
-65% vs market
2019
2023
Return on equity
18.6%
This company
18.4%
Market median
+1% vs market
2019
2023
Net profit margin
1.5%
This company
8.1%
Market median
-81% vs market
2019
2023
Asset turnover
1.62×
This company
1.12×
Market median
+45% vs market
2019
2023
Debt / equity
6.55×
This company
0.62×
Market median
-956% vs market
2019
2023
Annual reports & filings
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KF
Kenneth Fredriksen
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KH
Knut Håkon Frølich
Chairman
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
F2 Eiendom As
Company
100%
100%
2022
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Company hierarchy
Acasta Invest As
F2 Eiendom As
LUGN HYTTER AS
(this company)
Board network connections
Board members of LUGN HYTTER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kenneth Fredriksen
Chief Executive Officer
0 companies
Knut Håkon Frølich
Chairman
0 companies