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THE ROOTS AS
AS
Active
Org 957849148
Gullbringvegen 32, 3800 Bø I Telemark
Hotels and similar accommodation · NACE 5510
Est. 1990
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,4M
+7% vs 2023
EBITDA margin
41.2%
-21% vs 2023
Equity ratio
28.9%
Financial strength
Net profit 2024
NOK 101K
-71% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2,4M
+7%
EBITDA
NOK 1M
-21%
Net profit
NOK 101K
-71%
Total assets
NOK 19,9M
+6%
Equity
NOK 5,8M
+29%
Employees
1
—
Company information
Legal name
THE ROOTS AS
Org number
957849148
Legal form
Aksjeselskap
NACE code
5510 · Hotels and similar accommodation
Founded
1. juni 1990
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Gullbringvegen 32, 3800 Bø I Telemark
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Explore
Companies in Hotels and similar accommodation
Companies in Midt-Telemark
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
3M
2020
3M
2021
3M
2022
2M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 004
3 288
3 100
2 267
2 436
Staff expenses
−426
−182
−346
−156
−156
EBITDA
1 258
1 480
816
1 270
1 005
Depreciation & amort.
−407
−419
−364
−377
−358
EBIT
851
1 061
453
894
647
Net financials
−394
−211
−309
−454
−518
Profit before tax
457
850
144
440
129
Tax
100
187
32
97
28
Net profit
357
662
112
343
101
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
19 842
20 299
19 162
18 751
19 932
Equity
2 923
3 630
4 135
4 478
5 768
Long-term debt
16 622
16 349
14 596
13 814
13 783
Short-term debt
297
321
431
460
381
Total debt
16 919
16 670
15 027
14 273
14 164
Financial ratios
5-year trend
EBITDA margin
41.2%
This company
15.8%
Market median
+161% vs market
2020
2024
Equity ratio
28.9%
This company
38.2%
Market median
-24% vs market
2020
2024
Return on equity
1.8%
This company
18.4%
Market median
-90% vs market
2020
2024
Net profit margin
4.1%
This company
8.1%
Market median
-49% vs market
2020
2024
Asset turnover
0.12×
This company
1.12×
Market median
-89% vs market
2020
2024
Debt / equity
2.46×
This company
0.62×
Market median
-297% 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 (2)
SH
Stein Helge Solberg
Chief Executive Officer
Chief Executive Officer
2006
AK
Astrid Kaasa
Deputy Member
Deputy Member
1998
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Helge Solberg Holding As
Company
100%
100%
2024
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Company hierarchy
Helge Solberg Holding As
THE ROOTS AS
(this company)
Board network connections
Board members of THE ROOTS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Stein Helge Solberg
Chief Executive Officer
0 companies
Astrid Kaasa
Deputy Member
0 companies