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BRANCH OFFICE II AS
AS
Active
Org 979924631
Havnegata 28, 8514 Narvik
Rental and operating of own or leased real estate · NACE 6820
Est. 1998
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 285K
-25% vs 2023
EBITDA margin
-123.0%
+35% vs 2023
Equity ratio
84.4%
Financial strength
Net profit 2024
NOK -570K
+45% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
1M
2020
0M
-100%
2021
-1M
-100%
2022
-1M
0%
2023
0M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 285K
-25%
EBITDA
NOK -350K
+35%
Net profit
NOK -570K
+45%
Total assets
NOK 3,7M
-33%
Equity
NOK 3,1M
-15%
Employees
2
—
Company information
Legal name
BRANCH OFFICE II AS
Org number
979924631
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
15. mai 1998
Share capital
—
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Investeringsvirksomhet, handel og konsulentvirksomhet samt alt som dertil hører.
Contact
Address
Havnegata 28, 8514 Narvik
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Narvik
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
-1M
2022
-1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 819
247
220
380
285
Staff expenses
−228
−400
−397
−479
−87
EBITDA
1 357
−403
−634
−540
−350
Depreciation & amort.
−51
−134
−178
−208
−200
EBIT
1 306
−537
−812
−748
−551
Net financials
71
171
618
−385
106
Profit before tax
1 377
−367
−194
−1 133
−445
Tax
333
−82
−121
−93
125
Net profit
1 045
−285
−73
−1 040
−570
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
6 425
5 964
5 314
5 481
3 682
Equity
5 477
4 792
4 719
3 679
3 109
Long-term debt
171
438
311
282
250
Short-term debt
777
734
285
1 521
324
Total debt
948
1 172
595
1 803
573
Financial ratios
5-year trend
EBITDA margin
-123.0%
This company
15.8%
Market median
-878% vs market
2020
2024
Equity ratio
84.4%
This company
38.2%
Market median
+121% vs market
2020
2024
Return on equity
-18.3%
This company
18.4%
Market median
-199% vs market
2020
2024
Net profit margin
-200.0%
This company
8.1%
Market median
-2569% vs market
2020
2024
Asset turnover
0.08×
This company
1.12×
Market median
-93% vs market
2020
2024
Debt / equity
0.18×
This company
0.62×
Market median
+71% 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)
AL
Arne Loen
Deputy Member
Deputy Member
1999
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TJ
Tord Johan Eide
Chairman
1999
Shareholders
As of last annual report
No shareholder data available.
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
BRANCH OFFICE II AS
(this company)
THE MINT AS
GROGRUNDEN AS
Board network connections
Board members of BRANCH OFFICE II AS also hold positions in
0
other companies.
Person
Role here
Other companies
Arne Loen
Deputy Member
0 companies
Tord Johan Eide
Chairman
0 companies