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GULLRØNNING H G RØNNING AS
AS
Active
Org 965689508
Fayes Gate 1, 3110 Tønsberg
Retail sale of watches and jewellery · NACE 4777
Est. 1992
11 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 16,7M
+4% vs 2023
EBITDA margin
5.7%
-6% vs 2023
Equity ratio
66.5%
Financial strength
Net profit 2024
NOK 521K
-5% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
2M
2020
3M
+50%
2021
2M
-33%
2022
1M
-50%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 16,7M
+4%
EBITDA
NOK 956K
-6%
Net profit
NOK 521K
-5%
Total assets
NOK 13,5M
+4%
Equity
NOK 9M
+6%
Employees
11
—
Company information
Legal name
GULLRØNNING H G RØNNING AS
Org number
965689508
Legal form
Aksjeselskap
NACE code
4777 · Retail sale of watches and jewellery
Founded
20. november 1992
Share capital
NOK 1 600 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Fayes Gate 1, 3110 Tønsberg
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Companies in Retail sale of watches and jewellery
Companies in Tønsberg
All Norway companies
Revenue
NOK millions
0M
5M
11M
16M
22M
16M
2020
17M
2021
19M
2022
16M
2023
17M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
2M
2020
3M
2021
2M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
15 636
17 041
18 904
16 019
16 711
Staff expenses
−3 230
−3 420
−3 721
−3 374
−3 636
EBITDA
2 337
2 621
2 358
1 016
956
Depreciation & amort.
−200
−171
−150
−150
−169
EBIT
2 136
2 449
2 207
865
786
Net financials
−240
−116
−126
−146
−118
Profit before tax
1 896
2 333
2 081
719
669
Tax
299
513
458
170
148
Net profit
1 597
1 820
1 623
549
521
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 880
14 496
14 858
12 990
13 460
Equity
4 498
6 298
7 902
8 429
8 950
Long-term debt
3 687
5 470
4 469
2 697
2 084
Short-term debt
3 695
2 728
2 488
1 864
2 426
Total debt
7 382
8 198
6 957
4 561
4 510
Financial ratios
5-year trend
EBITDA margin
5.7%
This company
15.8%
Market median
-64% vs market
2020
2024
Equity ratio
66.5%
This company
38.2%
Market median
+74% vs market
2020
2024
Return on equity
5.8%
This company
18.4%
Market median
-68% vs market
2020
2024
Net profit margin
3.1%
This company
8.1%
Market median
-62% vs market
2020
2024
Asset turnover
1.24×
This company
1.12×
Market median
+11% vs market
2020
2024
Debt / equity
0.50×
This company
0.62×
Market median
+19% 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)
KR
Kristin Rangnes
Deputy Member
Deputy Member
1995
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MR
Magne Rønning
Chairman
1995
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gull Invest As
Company
100%
100%
2024
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Company hierarchy
Gull Invest As
GULLRØNNING H G RØNNING AS
(this company)
Mestergull As
Mestergull Invest As
Board network connections
Board members of GULLRØNNING H G RØNNING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kristin Rangnes
Deputy Member
0 companies
Magne Rønning
Chairman
0 companies