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ØLVE MAT AS
AS
Active
Org 979827385
Ølvesvegen 523, 5637 Ølve
Non-specialised retail sale of predominately food, beverages or tobacco · NACE 4711
Est. 1998
11 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 13,8M
+1% vs 2023
EBITDA margin
3.9%
-22% vs 2023
Equity ratio
40.8%
Financial strength
Net profit 2024
NOK 130K
-49% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
0M
-100%
2021
0M
0%
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 13,8M
+1%
EBITDA
NOK 531K
-22%
Net profit
NOK 130K
-49%
Total assets
NOK 4,9M
-3%
Equity
NOK 2M
+7%
Employees
11
—
Company information
Legal name
ØLVE MAT AS
Org number
979827385
Legal form
Aksjeselskap
NACE code
4711 · Non-specialised retail sale of predominately food, beverages or tobacco
Founded
28. april 1998
Share capital
—
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Ølvesvegen 523, 5637 Ølve
Phone
+4753489194
Email
post@oelve.no
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Companies in Non-specialised retail sale of predominately food, beverages or tobacco
Companies in Kvinnherad
All Norway companies
Revenue
NOK millions
0M
4M
8M
12M
16M
14M
2020
13M
2021
13M
2022
14M
2023
14M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
13 848
13 105
12 782
13 600
13 768
Staff expenses
−2 072
−2 155
−2 171
−2 348
−2 437
EBITDA
1 107
407
254
685
531
Depreciation & amort.
−232
−245
−254
−293
−276
EBIT
875
162
−0
392
256
Net financials
−67
−24
−45
−65
−88
Profit before tax
809
138
−45
327
168
Tax
178
30
−10
72
37
Net profit
631
108
−36
255
130
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 995
4 346
4 039
5 082
4 923
Equity
1 550
1 657
1 621
1 876
2 006
Long-term debt
2 368
1 861
1 492
1 880
1 608
Short-term debt
1 077
828
926
1 327
1 308
Total debt
3 445
2 689
2 418
3 207
2 917
Financial ratios
5-year trend
EBITDA margin
3.9%
This company
15.8%
Market median
-75% vs market
2020
2024
Equity ratio
40.8%
This company
38.2%
Market median
+7% vs market
2020
2024
Return on equity
6.5%
This company
18.4%
Market median
-65% vs market
2020
2024
Net profit margin
0.9%
This company
8.1%
Market median
-89% vs market
2020
2024
Asset turnover
2.80×
This company
1.12×
Market median
+150% vs market
2020
2024
Debt / equity
1.45×
This company
0.62×
Market median
-134% 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)
RB
Randi Berge Rødland
Deputy Member
Deputy Member
1998
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JR
Jostein Rødland
Chairman
1998
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Rødland Holding As
Company
100%
100%
2024
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Company hierarchy
Rødland Holding As
ØLVE MAT AS
(this company)
Board network connections
Board members of ØLVE MAT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Randi Berge Rødland
Deputy Member
0 companies
Jostein Rødland
Chairman
0 companies