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BILUTLEIE GRENLAND AS
AS
Active
Org 975933377
Hovenggata 6, 3915 Porsgrunn
Rental and leasing of cars and light motor vehicles · NACE 7711
Est. 1995
9 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 20,9M
+16% vs 2023
EBITDA margin
7.8%
+72% vs 2023
Equity ratio
41.6%
Financial strength
Net profit 2024
NOK 342K
+170% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2020
2M
0%
2021
2M
0%
2022
1M
-50%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 20,9M
+16%
EBITDA
NOK 1,6M
+72%
Net profit
NOK 342K
+170%
Total assets
NOK 9,1M
-22%
Equity
NOK 3,8M
+4%
Employees
9
—
Company information
Legal name
BILUTLEIE GRENLAND AS
Org number
975933377
Legal form
Aksjeselskap
NACE code
7711 · Rental and leasing of cars and light motor vehicles
Founded
28. november 1995
Share capital
—
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Hovenggata 6, 3915 Porsgrunn
Phone
+4735550930
Email
hertz.porsgrunn@hertz.no
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Companies in Rental and leasing of cars and light motor vehicles
Companies in Porsgrunn
All Norway companies
Revenue
NOK millions
0M
6M
12M
18M
24M
9M
2020
11M
2021
12M
2022
18M
2023
21M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2020
2M
2021
2M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
9 461
11 114
12 365
17 978
20 878
Staff expenses
−1 161
−1 551
−1 630
−1 953
−2 216
EBITDA
1 801
2 157
1 939
944
1 621
Depreciation & amort.
−1 516
−1 479
−1 352
−1 234
−917
EBIT
286
678
588
−290
704
Net financials
−115
−82
−226
−335
−266
Profit before tax
171
596
362
−625
438
Tax
38
131
80
−138
96
Net profit
133
465
282
−488
342
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 684
11 137
11 881
11 597
9 061
Equity
3 767
3 832
4 114
3 627
3 768
Long-term debt
1 167
1 118
1 112
974
830
Short-term debt
6 750
6 188
6 655
6 997
4 462
Total debt
7 917
7 306
7 767
7 970
5 292
Financial ratios
5-year trend
EBITDA margin
7.8%
This company
15.8%
Market median
-51% vs market
2020
2024
Equity ratio
41.6%
This company
38.2%
Market median
+9% vs market
2020
2024
Return on equity
9.1%
This company
18.4%
Market median
-51% vs market
2020
2024
Net profit margin
1.6%
This company
8.1%
Market median
-80% vs market
2020
2024
Asset turnover
2.30×
This company
1.12×
Market median
+105% vs market
2020
2024
Debt / equity
1.40×
This company
0.62×
Market median
-126% 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 (3)
LF
Lene Funnemark
Deputy Member
Deputy Member
2020
TR
Tor Runar Rugtvedt
Deputy Member
Deputy Member
2020
LS
Lars Stian Skaugen Rugtvedt
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
EF
Egil Funnemark
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Lssr Holding As
Company
50%
50%
2024
Funnemark Eiendom As
Company
50%
50%
2024
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Company hierarchy
Lssr Holding As
BILUTLEIE GRENLAND AS
(this company)
Board network connections
Board members of BILUTLEIE GRENLAND AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lene Funnemark
Deputy Member
0 companies
Tor Runar Rugtvedt
Deputy Member
0 companies
Lars Stian Skaugen Rugtvedt
Chief Executive Officer
0 companies
Egil Funnemark
Chairman
0 companies