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ADCO EIENDOMMER AS
AS
Active
Org 945554479
Sjøgata 25, 8480 Andenes
Rental and operating of own or leased real estate · NACE 6820
Est. 1987
4 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,3M
-68% vs 2023
EBITDA margin
12.3%
-95% vs 2023
Equity ratio
62.3%
Financial strength
Net profit 2024
NOK 124K
-97% vs 2023
EBITDA — year on year
NOK millions
6M
5M
3M
2M
0M
1M
2020
5M
+400%
2021
0M
-100%
2022
5M
+500%
2023
0M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 2,3M
-68%
EBITDA
NOK 286K
-95%
Net profit
NOK 124K
-97%
Total assets
NOK 15,5M
-4%
Equity
NOK 9,7M
-10%
Employees
4
—
Company information
Legal name
ADCO EIENDOMMER AS
Org number
945554479
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
30. oktober 1987
Share capital
NOK 1 881 000
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Sjøgata 25, 8480 Andenes
Phone
+4798222585
Email
kolbjorn@adolfsen.com
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Companies in Rental and operating of own or leased real estate
Companies in Andøy
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
3M
2020
7M
2021
2M
2022
7M
2023
2M
2024
EBITDA
NOK millions
0M
1M
3M
4M
6M
1M
2020
5M
2021
0M
2022
5M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 700
7 363
1 861
7 348
2 321
Staff expenses
−112
−194
−108
−201
−262
EBITDA
1 449
5 372
−247
5 452
286
Depreciation & amort.
−715
−635
−254
−246
−224
EBIT
734
4 737
−501
5 206
61
Net financials
−416
160
1 680
−19
98
Profit before tax
318
4 897
1 179
5 187
160
Tax
127
930
−557
1 144
35
Net profit
191
3 967
1 736
4 043
124
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
23 805
17 240
13 417
16 178
15 517
Equity
5 279
7 097
6 984
10 741
9 663
Long-term debt
17 324
6 533
6 085
4 909
4 098
Short-term debt
1 201
3 610
348
527
1 756
Total debt
18 526
10 143
6 433
5 436
5 854
Financial ratios
5-year trend
EBITDA margin
12.3%
This company
15.8%
Market median
-22% vs market
2020
2024
Equity ratio
62.3%
This company
38.2%
Market median
+63% vs market
2020
2024
Return on equity
1.3%
This company
18.4%
Market median
-93% vs market
2020
2024
Net profit margin
5.4%
This company
8.1%
Market median
-33% vs market
2020
2024
Asset turnover
0.15×
This company
1.12×
Market median
-87% vs market
2020
2024
Debt / equity
0.61×
This company
0.62×
Market median
+2% 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)
KA
Kristian Arne Adolfsen
Chairman
2022
RA
Roger Adolfsen
Board of Directors
2022
Former (1)
KJ
Kolbjørn Johan Martin Adolfsen
Chairman
2021 – 2022
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Kara Invest As
Company
100%
100%
2024
Andøy Vekst As
Company
100%
100%
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
Klevenstern As
Invenor A/S
Andøy Vekst As
ADCO EIENDOMMER AS
(this company)
PROSJEKT KANALGÅRDEN AS
Board network connections
Board members of ADCO EIENDOMMER AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kristian Arne Adolfsen
Chairman
0 companies
Kolbjørn Johan Martin Adolfsen
Chairman
0 companies
Roger Adolfsen
Board of Directors
0 companies