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POLAR PROPERTY AS
AS
Active
Org 939017380
Majorstuveien 36, 0367 Oslo
Rental and operating of own or leased real estate · NACE 6820
Est. 1986
0 employees
Watchlist
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 748K
+10% vs 2023
EBITDA margin
87.9%
+7% vs 2023
Equity ratio
99.7%
Financial strength
Net profit 2024
NOK 615K
+64% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 748K
+10%
EBITDA
NOK 658K
+7%
Net profit
NOK 615K
+64%
Total assets
NOK 1,4M
-1%
Equity
NOK 1,4M
+1%
Employees
0
—
Company information
Legal name
POLAR PROPERTY AS
Org number
939017380
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
20. april 1986
Share capital
NOK 100 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Majorstuveien 36, 0367 Oslo
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
582
405
402
681
748
Staff expenses
−0
−0
−0
−0
−0
EBITDA
434
123
223
617
658
Depreciation & amort.
−198
−120
−110
−40
−38
EBIT
237
3
113
577
619
Net financials
−304
−289
−203
−97
0
Profit before tax
−67
−286
−90
480
620
Tax
−20
−63
−20
106
4
Net profit
−47
−223
−70
374
615
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
6 044
4 313
4 271
1 435
1 420
Equity
1 319
1 096
1 026
1 400
1 416
Long-term debt
0
0
0
0
0
Short-term debt
4 724
3 217
3 245
35
4
Total debt
4 724
3 217
3 245
35
4
Financial ratios
5-year trend
EBITDA margin
87.9%
This company
15.8%
Market median
+456% vs market
2020
2024
Equity ratio
99.7%
This company
38.2%
Market median
+161% vs market
2020
2024
Return on equity
43.5%
This company
18.4%
Market median
+136% vs market
2020
2024
Net profit margin
82.2%
This company
8.1%
Market median
+915% vs market
2020
2024
Asset turnover
0.53×
This company
1.12×
Market median
-53% vs market
2020
2024
Debt / equity
0.00×
This company
0.62×
Market median
+100% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
GE
Gunnar Eckbo
Chairman
2026
SE
Stein Erik Eckbo
Chairman
2018
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Polar Trust Holding As
Company
100%
100%
2022
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
Polar Trust Holding As
POLAR PROPERTY AS
(this company)
Board network connections
Board members of POLAR PROPERTY AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gunnar Eckbo
Chairman
0 companies
Stein Erik Eckbo
Chairman
0 companies