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FOLKEHYTTA AS
AS
Active
Org 934039661
Ytstebøen 24C, 5745 Aurland
Development of building projects · NACE 6812
Est. 2024
9 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 6,6M
-38% vs 2024
EBITDA margin
3.7%
-93% vs 2024
Equity ratio
88.2%
Financial strength
Net profit 2025
NOK 192K
-93% vs 2024
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
3M
2024
0M
-100%
2025
Key figures
Annual report 2025
Revenue
NOK 6,6M
-38%
EBITDA
NOK 243K
-93%
Net profit
NOK 192K
-93%
Total assets
NOK 9M
-40%
Equity
NOK 7,9M
-21%
Employees
9
—
Company information
Legal name
FOLKEHYTTA AS
Org number
934039661
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
5. september 2024
Share capital
NOK 60 000
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Utvikling av ferdighytter, annen tjenesteytende virksomhet som naturlig hører sammen, samt delta i andre virksomheter, agentur og handel.
Contact
Address
Ytstebøen 24C, 5745 Aurland
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Companies in Development of building projects
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Revenue
NOK millions
0M
3M
6M
9M
13M
11M
2024
7M
2025
EBITDA
NOK millions
0M
1M
2M
3M
3M
3M
2024
0M
2025
Income statement
NOK thousands
Item
2024
2025
Revenue
10 586
6 556
Staff expenses
−3 158
−3 428
EBITDA
3 433
243
Depreciation & amort.
−128
−127
EBIT
3 305
116
Net financials
194
152
Profit before tax
3 499
267
Tax
768
75
Net profit
2 731
192
Balance sheet
NOK thousands
Item
2024
2025
Total assets
14 874
8 965
Equity
9 957
7 907
Long-term debt
48
0
Short-term debt
4 869
1 058
Total debt
4 917
1 058
Financial ratios
5-year trend
EBITDA margin
3.7%
This company
15.8%
Market median
-77% vs market
2024
2025
Equity ratio
88.2%
This company
38.2%
Market median
+131% vs market
2024
2025
Return on equity
2.4%
This company
18.4%
Market median
-87% vs market
2024
2025
Net profit margin
2.9%
This company
8.1%
Market median
-64% vs market
2024
2025
Asset turnover
0.73×
This company
1.12×
Market median
-35% vs market
2024
2025
Debt / equity
0.13×
This company
0.62×
Market median
+79% vs market
2024
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KT
Kjetil Turlid
Chief Executive Officer
Chief Executive Officer
2024
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
AT
Arne Turlid
Chairman
2024
ET
Einar Turlid
Board of Directors
2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
K. Turlid Eige As
Company
100%
100%
2024
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Company hierarchy
K. Turlid Eige As
FOLKEHYTTA AS
(this company)
Board network connections
Board members of FOLKEHYTTA AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kjetil Turlid
Chief Executive Officer
0 companies
Arne Turlid
Chairman
0 companies
Einar Turlid
Board of Directors
0 companies