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HVALEN UTVIKLING AS
AS
Active
Org 934125150
Storgata 33, 3256 Larvik
Rental and operating of own or leased real estate · NACE 6820
Est. 1983
1 employees
www.alfaeiendom.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 8,8M
+5% vs 2023
EBITDA margin
55.6%
+45% vs 2023
Equity ratio
41.2%
Financial strength
Net profit 2024
NOK -3,3M
+6% vs 2023
EBITDA — year on year
NOK millions
23M
17M
11M
5M
-1M
-1M
2020
18M
+1900%
2021
2M
-89%
2022
3M
+50%
2023
5M
+67%
2024
Key figures
Annual report 2024
Revenue
NOK 8,8M
+5%
EBITDA
NOK 4,9M
+45%
Net profit
NOK -3,3M
+6%
Total assets
NOK 234,5M
-1%
Equity
NOK 96,7M
-3%
Employees
1
—
Company information
Legal name
HVALEN UTVIKLING AS
Org number
934125150
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
6. oktober 1983
Share capital
NOK 50 000 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Kjøp, utvikling, drift og salg av fast eiendom, og det som står i forbindelse med dette.
Contact
Address
Storgata 33, 3256 Larvik
Website
www.alfaeiendom.no
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Revenue
NOK millions
0M
34M
68M
102M
136M
6M
2020
118M
2021
16M
2022
8M
2023
9M
2024
EBITDA
NOK millions
0M
5M
10M
16M
21M
-1M
2020
18M
2021
2M
2022
3M
2023
5M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
5 621
118 162
16 464
8 425
8 825
Staff expenses
−298
−782
−574
−327
−261
EBITDA
−1 206
18 009
1 686
3 377
4 908
Depreciation & amort.
−580
−683
−748
−498
−1 356
EBIT
−1 786
17 326
938
2 879
3 552
Net financials
512
−3 669
−7 501
−7 366
−7 764
Profit before tax
−1 274
13 657
−6 562
−4 487
−4 212
Tax
−280
2 970
−1 478
−987
−926
Net profit
−994
10 687
−5 084
−3 500
−3 286
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
245 767
250 267
241 739
235 658
234 476
Equity
3 417
53 118
103 501
100 001
96 716
Long-term debt
217 097
173 077
135 239
133 000
135 887
Short-term debt
25 253
24 072
2 998
2 656
1 874
Total debt
242 350
197 149
138 238
135 656
137 761
Financial ratios
5-year trend
EBITDA margin
55.6%
This company
15.8%
Market median
+252% vs market
2020
2024
Equity ratio
41.2%
This company
38.2%
Market median
+8% vs market
2020
2024
Return on equity
-3.4%
This company
18.4%
Market median
-118% vs market
2020
2024
Net profit margin
-37.2%
This company
8.1%
Market median
-559% vs market
2020
2024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
1.42×
This company
0.62×
Market median
-129% vs market
2020
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
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
JL
Jostein Liverød
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TL
Thore Liverød
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Alfa Eiendom As
Company
100%
100%
2022
Heil Ved As
Company
100%
100%
2024
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Company hierarchy
Heil Ved As
HVALEN UTVIKLING AS
(this company)
Board network connections
Board members of HVALEN UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jostein Liverød
Chief Executive Officer
0 companies
Thore Liverød
Chairman
0 companies