Riskpilot← Back to searchSign inGet full accessHOTEL GRAND OLAV AS
ASActiveOrg 977044421Kjøpmannsgata 48, 7010 TrondheimHotels and similar accommodation · NACE 5510Est. 199643 employeeswww.nordicchoicehotels.no
Revenue 2024
NOK 37,7M
-3% vs 2023
EBITDA margin
5.0%
-68% vs 2023
Equity ratio
20.0%
Financial strength
Net profit 2024
NOK 1,6M
-66% vs 2023
| Revenue | NOK 37,7M | -3% |
| EBITDA | NOK 1,9M | -68% |
| Net profit | NOK 1,6M | -66% |
| Total assets | NOK 21,2M | +19% |
| Equity | NOK 4,2M | -2% |
| Employees | 43 | — |
Legal name
HOTEL GRAND OLAV AS
Org number
977044421
Legal form
Aksjeselskap
NACE code
5510 · Hotels and similar accommodation
Founded
12. desember 1996
Share capital
—
Employees
43 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Kjøpmannsgata 48, 7010 Trondheim
Website
www.nordicchoicehotels.no
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Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 17 426 | 28 017 | 34 829 | 38 958 | 37 719 |
| Staff expenses | −5 125 | −8 300 | −9 148 | −10 379 | −11 520 |
| EBITDA | −874 | 3 146 | 5 724 | 5 986 | 1 889 |
| Depreciation & amort. | −320 | −304 | −181 | −183 | −168 |
| EBIT | −1 195 | 2 841 | 5 542 | 5 803 | 1 721 |
| Net financials | −40 | −76 | 53 | 354 | 399 |
| Profit before tax | −1 235 | 2 765 | 5 595 | 6 157 | 2 120 |
| Tax | −265 | 612 | 1 234 | 1 360 | 485 |
| Net profit | −970 | 2 153 | 4 361 | 4 797 | 1 635 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 8 425 | 10 713 | 15 139 | 17 841 | 21 159 |
| Equity | 4 278 | 4 218 | 4 264 | 4 301 | 4 228 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 4 147 | 6 495 | 10 875 | 13 540 | 16 932 |
| Total debt | 4 147 | 6 495 | 10 875 | 13 540 | 16 932 |
EBITDA margin
5.0%
This company
15.8%
Market median
-68% vs market
20202024
Equity ratio
20.0%
This company
38.2%
Market median
-48% vs market
20202024
Return on equity
38.7%
This company
18.4%
Market median
+110% vs market
20202024
Net profit margin
4.3%
This company
8.1%
Market median
-47% vs market
20202024
Asset turnover
1.78×
This company
1.12×
Market median
+59% vs market
20202024
Debt / equity
4.00×
This company
0.62×
Market median
-545% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
TH Chief Executive Officer | Chief Executive Officer | 2026 |
KS Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (2) | ||
RS Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
AF Chief Executive Officer | Chief Executive Officer | 2015 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Chairman | 2020 | |
| Board of Directors | 2020 | |
| Board of Directors | 2020 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| 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.
Strawberry Hospitality Group AsStrawberry Hotels AsChoice Hotels & Resorts As
HOTEL GRAND OLAV AS (this company)Board members of HOTEL GRAND OLAV AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Randi Svenning | Chief Executive Officer | 0 companies |
| Andreas Faaness | Chief Executive Officer | 0 companies |
| Thea Hougen Lygre | Chief Executive Officer | 0 companies |
| Kamilla Storvik Jensen | 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 |