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UGLAND ESTATES AS
AS
Active
Org 971644737
Reddalsveien 1, 4886 Grimstad
Rental and operating of own or leased real estate · NACE 6820
Est. 1994
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 9,4M
+49% vs 2023
EBITDA margin
90.3%
+81% vs 2023
Equity ratio
36.4%
Financial strength
Net profit 2024
NOK 2,3M
+191% vs 2023
EBITDA — year on year
NOK millions
10M
8M
5M
3M
0M
4M
2020
5M
+25%
2021
5M
0%
2022
5M
0%
2023
8M
+60%
2024
Key figures
Annual report 2024
Revenue
NOK 9,4M
+49%
EBITDA
NOK 8,5M
+81%
Net profit
NOK 2,3M
+191%
Total assets
NOK 97M
+0%
Equity
NOK 35,3M
+7%
Employees
0
—
Company information
Legal name
UGLAND ESTATES AS
Org number
971644737
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
7. desember 1994
Share capital
NOK 1 000 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller daglig leder alene.
Contact
Address
Reddalsveien 1, 4886 Grimstad
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Companies in Rental and operating of own or leased real estate
Companies in Grimstad
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
4M
2020
5M
2021
5M
2022
6M
2023
9M
2024
EBITDA
NOK millions
0M
2M
5M
7M
9M
4M
2020
5M
2021
5M
2022
5M
2023
8M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 054
4 936
5 123
6 332
9 410
Staff expenses
−0
−0
−0
−0
−0
EBITDA
3 807
4 661
4 594
4 694
8 499
Depreciation & amort.
−852
−818
−796
−1 040
−1 757
EBIT
2 955
3 843
3 797
3 653
6 743
Net financials
−1 139
−498
4 228
−2 644
−3 803
Profit before tax
1 816
3 345
8 025
1 010
2 939
Tax
399
744
848
222
647
Net profit
1 417
2 601
7 178
787
2 293
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
54 353
53 279
64 850
96 552
97 008
Equity
24 938
27 540
31 714
33 046
35 338
Long-term debt
27 589
24 813
23 525
61 463
58 854
Short-term debt
1 825
926
9 611
2 043
2 816
Total debt
29 414
25 739
33 136
63 506
61 670
Financial ratios
5-year trend
EBITDA margin
90.3%
This company
15.8%
Market median
+472% vs market
2020
2024
Equity ratio
36.4%
This company
38.2%
Market median
+5% vs market
2020
2024
Return on equity
6.5%
This company
18.4%
Market median
-65% vs market
2020
2024
Net profit margin
24.4%
This company
8.1%
Market median
+201% vs market
2020
2024
Asset turnover
0.10×
This company
1.12×
Market median
-91% vs market
2020
2024
Debt / equity
1.75×
This company
0.62×
Market median
-182% 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)
SR
Sverre Rasdal Lehland
Chief Executive Officer
Chief Executive Officer
2022
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KA
Knut Axel Ugland
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Knut Axel Ugland Holding As
Company
100%
100%
2024
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
Polo Holding As
Knut Axel Ugland Holding As
UGLAND ESTATES AS
(this company)
Board network connections
Board members of UGLAND ESTATES AS also hold positions in
0
other companies.
Person
Role here
Other companies
Sverre Rasdal Lehland
Chief Executive Officer
0 companies
Knut Axel Ugland
Chairman
0 companies