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ETTO BYGG AS
AS
Active
Org 964131198
Leangenvegen 7, 7044 Trondheim
Construction of residential and non-residential buildings · NACE 4100
Est. 1992
44 employees
www.ettobygg.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 133,7M
+19% vs 2023
EBITDA margin
7.2%
+4% vs 2023
Equity ratio
51.4%
Financial strength
Net profit 2024
NOK 6M
+1% vs 2023
EBITDA — year on year
NOK millions
15M
11M
6M
2M
-3M
12M
2020
11M
-8%
2021
-2M
-118%
2022
9M
+550%
2023
10M
+11%
2024
Key figures
Annual report 2024
Revenue
NOK 133,7M
+19%
EBITDA
NOK 9,7M
+4%
Net profit
NOK 6M
+1%
Total assets
NOK 88,4M
-1%
Equity
NOK 45,4M
+5%
Employees
44
—
Company information
Legal name
ETTO BYGG AS
Org number
964131198
Legal form
Aksjeselskap
NACE code
4100 · Construction of residential and non-residential buildings
Founded
20. februar 1992
Share capital
NOK 100 000
Employees
44 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Contact
Address
Leangenvegen 7, 7044 Trondheim
Website
www.ettobygg.no
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Companies in Construction of residential and non-residential buildings
Companies in Trondheim
All Norway companies
Revenue
NOK millions
0M
39M
77M
116M
154M
110M
2020
110M
2021
111M
2022
113M
2023
134M
2024
EBITDA
NOK millions
0M
3M
7M
10M
14M
12M
2020
11M
2021
-2M
2022
9M
2023
10M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
110 449
109 608
110 717
112 721
133 708
Staff expenses
−28 933
−31 807
−33 191
−33 184
−36 017
EBITDA
12 076
10 715
−1 632
9 304
9 668
Depreciation & amort.
−72
−137
−248
−356
−619
EBIT
12 004
10 578
−1 880
8 947
9 050
Net financials
−327
−472
−882
−1 294
−1 300
Profit before tax
11 678
10 106
−2 761
7 654
7 749
Tax
2 553
2 140
−605
1 686
1 707
Net profit
9 125
7 966
−2 156
5 968
6 043
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
70 384
87 899
77 780
89 465
88 447
Equity
33 399
39 365
37 209
43 177
45 424
Long-term debt
13 211
27 195
24 519
24 534
24 165
Short-term debt
23 774
21 340
16 052
21 753
18 858
Total debt
36 985
48 534
40 571
46 287
43 023
Financial ratios
5-year trend
EBITDA margin
7.2%
This company
15.8%
Market median
-54% vs market
2020
2024
Equity ratio
51.4%
This company
38.2%
Market median
+35% vs market
2020
2024
Return on equity
13.3%
This company
18.4%
Market median
+28% vs market
2020
2024
Net profit margin
4.5%
This company
8.1%
Market median
-44% vs market
2020
2024
Asset turnover
1.51×
This company
1.12×
Market median
+35% vs market
2020
2024
Debt / equity
0.95×
This company
0.62×
Market median
+53% 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 (4)
JO
Johan Otto Oldernes
Chairman
2008
SO
Sofie Oldernes
Board of Directors
2025
ML
Mette Lillian Klefstad Tangstad
Board of Directors
2025
TT
Trond Tangstad
Board of Directors
2008
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gjo Holding As
Company
51%
51%
2024
Geir Hegge
Individual
10%
10%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of ETTO BYGG AS also hold positions in
0
other companies.
Person
Role here
Other companies
Johan Otto Oldernes
Chairman
0 companies
Sofie Oldernes
Board of Directors
0 companies
Mette Lillian Klefstad Tangstad
Board of Directors
0 companies
Trond Tangstad
Board of Directors
0 companies