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BASTION HOTEL AS
AS
Active
Org 966255439
Skippergaten 7, 0152 Oslo
Hotels and similar accommodation · NACE 5510
Est. 1993
43 employees
www.nordicchoicehotels.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 43,8M
+15% vs 2023
EBITDA margin
12.3%
+27% vs 2023
Equity ratio
25.1%
Financial strength
Net profit 2024
NOK 4,2M
+28% vs 2023
EBITDA — year on year
NOK millions
6M
4M
1M
-1M
-4M
-3M
2020
-1M
+67%
2021
4M
+500%
2022
4M
0%
2023
5M
+25%
2024
Key figures
Annual report 2024
Revenue
NOK 43,8M
+15%
EBITDA
NOK 5,4M
+27%
Net profit
NOK 4,2M
+28%
Total assets
NOK 16,2M
+8%
Equity
NOK 4,1M
+1%
Employees
43
—
Company information
Legal name
BASTION HOTEL AS
Org number
966255439
Legal form
Aksjeselskap
NACE code
5510 · Hotels and similar accommodation
Founded
5. januar 1993
Share capital
—
Employees
43 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Skippergaten 7, 0152 Oslo
Website
www.nordicchoicehotels.no
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Companies in Hotels and similar accommodation
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
13M
25M
38M
51M
5M
2020
13M
2021
36M
2022
38M
2023
44M
2024
EBITDA
NOK millions
0M
1M
3M
4M
6M
-3M
2020
-1M
2021
4M
2022
4M
2023
5M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 827
13 375
35 796
38 040
43 800
Staff expenses
−2 816
−4 875
−10 027
−11 443
−12 641
EBITDA
−2 739
−590
3 576
4 244
5 383
Depreciation & amort.
−362
−226
−299
−337
−391
EBIT
−3 101
−816
3 277
3 907
4 993
Net financials
−11
−45
98
332
438
Profit before tax
−3 112
−861
3 375
4 239
5 431
Tax
−684
−187
746
935
1 201
Net profit
−2 428
−674
2 629
3 304
4 229
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
6 583
7 193
11 906
15 015
16 173
Equity
3 954
4 022
3 992
4 037
4 063
Long-term debt
0
0
0
0
0
Short-term debt
2 629
3 171
7 914
10 977
12 110
Total debt
2 629
3 171
7 914
10 977
12 110
Financial ratios
5-year trend
EBITDA margin
12.3%
This company
15.8%
Market median
-22% vs market
2020
2024
Equity ratio
25.1%
This company
38.2%
Market median
-34% vs market
2020
2024
Return on equity
104.1%
This company
18.4%
Market median
+466% vs market
2020
2024
Net profit margin
9.7%
This company
8.1%
Market median
+20% vs market
2020
2024
Asset turnover
2.71×
This company
1.12×
Market median
+142% vs market
2020
2024
Debt / equity
2.98×
This company
0.62×
Market median
-381% 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)
TB
Tone Bilstad Hansen
Chief Executive Officer
Chief Executive Officer
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
TL
Trine Lise Marsdal
Chairman
2020
TS
Torgeir Silseth
Board of Directors
2020
EV
Espen Viig Syversen
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Choice Hotels & Resorts As
Company
100%
100%
2023
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Company hierarchy
Strawberry Hospitality Group As
Strawberry Hotels As
Choice Hotels & Resorts As
BASTION HOTEL AS
(this company)
Board network connections
Board members of BASTION HOTEL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tone Bilstad Hansen
Chief Executive Officer
0 companies
Trine Lise Marsdal
Chairman
0 companies
Torgeir Silseth
Board of Directors
0 companies
Espen Viig Syversen
Board of Directors
0 companies