Loading company…
Riskpilot
← Back to search
Sign in
Get full access
KVARTAL 20 AS
AS
Active
Org 979919026
Vesterålsgata 58, 8400 Sortland
Rental and operating of own or leased real estate · NACE 6820
Est. 1998
0 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,1M
-42% vs 2023
EBITDA margin
62.5%
-36% vs 2023
Equity ratio
47.7%
Financial strength
Net profit 2024
NOK 617K
-59% vs 2023
EBITDA — year on year
NOK millions
4M
3M
2M
1M
0M
1M
2020
1M
0%
2021
1M
0%
2022
3M
+200%
2023
2M
-33%
2024
Key figures
Annual report 2024
Revenue
NOK 3,1M
-42%
EBITDA
NOK 1,9M
-36%
Net profit
NOK 617K
-59%
Total assets
NOK 42,7M
-10%
Equity
NOK 20,4M
+0%
Employees
0
—
Company information
Legal name
KVARTAL 20 AS
Org number
979919026
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
25. mai 1998
Share capital
—
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Contact
Address
Vesterålsgata 58, 8400 Sortland
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Rental and operating of own or leased real estate
Companies in Sortland
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
3M
2020
3M
2021
4M
2022
5M
2023
3M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
1M
2020
1M
2021
1M
2022
3M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 730
3 049
3 919
5 317
3 107
Staff expenses
−0
−0
−0
−0
−0
EBITDA
1 097
701
1 303
3 020
1 941
Depreciation & amort.
−349
−350
−429
−12
−11
EBIT
749
351
873
3 009
1 930
Net financials
−339
−448
−732
−1 091
−1 139
Profit before tax
409
−97
141
1 917
791
Tax
90
−21
31
422
174
Net profit
319
−76
110
1 496
617
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
12 501
12 165
51 648
47 430
42 691
Equity
699
357
20 403
20 366
20 366
Long-term debt
10 277
10 205
29 591
24 854
21 261
Short-term debt
1 525
1 603
1 654
2 209
1 064
Total debt
11 802
11 808
31 245
27 063
22 325
Financial ratios
5-year trend
EBITDA margin
62.5%
This company
15.8%
Market median
+296% vs market
2020
2024
Equity ratio
47.7%
This company
38.2%
Market median
+25% vs market
2020
2024
Return on equity
3.0%
This company
18.4%
Market median
-84% vs market
2020
2024
Net profit margin
19.9%
This company
8.1%
Market median
+146% vs market
2020
2024
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
2020
2024
Debt / equity
1.10×
This company
0.62×
Market median
-77% 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)
SO
Silvia Ovik Marhaug
Chief Executive Officer
Chief Executive Officer
2022
OM
Odd Magne Gjerde
Deputy Member
Deputy Member
2013
UO
Ulf Ovik
Chief Executive Officer
Chief Executive Officer
2026
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
HK
Hans Kristian Seterlund
Board of Directors
2026
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Varden 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
.
Company hierarchy
Varden As
KVARTAL 20 AS
(this company)
Board network connections
Board members of KVARTAL 20 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Silvia Ovik Marhaug
Chief Executive Officer
0 companies
Odd Magne Gjerde
Deputy Member
0 companies
Ulf Ovik
Chief Executive Officer
0 companies
Hans Kristian Seterlund
Board of Directors
0 companies