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VESTNES EIENDOM AS
AS
Active
Org 980139220
Gustav Vigelands Vei 33, 4514 Mandal
Rental and operating of own or leased real estate · NACE 6820
Est. 1998
2 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,3M
+10% vs 2023
EBITDA margin
61.6%
+4% vs 2023
Equity ratio
33.4%
Financial strength
Net profit 2024
NOK 212K
+1246% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2020
2M
0%
2021
1M
-50%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2,3M
+10%
EBITDA
NOK 1,4M
+4%
Net profit
NOK 212K
+1246%
Total assets
NOK 18,3M
+4%
Equity
NOK 6,1M
+4%
Employees
2
—
Company information
Legal name
VESTNES EIENDOM AS
Org number
980139220
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
2. september 1998
Share capital
NOK 100 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Kjøp av tomter - oppføring av bygg, kjøp av eksisterende bygg for ombygging - alle for utleie.
Contact
Address
Gustav Vigelands Vei 33, 4514 Mandal
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Rental and operating of own or leased real estate
Companies in Lindesnes
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2020
2M
2021
2M
2022
2M
2023
2M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2020
2M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 958
2 326
2 228
2 106
2 309
Staff expenses
−59
−561
−493
−462
−324
EBITDA
1 742
1 523
1 450
1 365
1 422
Depreciation & amort.
−719
−753
−760
−741
−513
EBIT
1 023
770
691
624
909
Net financials
−367
−278
−430
−649
−638
Profit before tax
656
492
261
−25
271
Tax
144
109
57
−7
59
Net profit
511
382
203
−18
212
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
18 720
18 732
18 561
17 623
18 294
Equity
5 871
5 717
5 921
5 902
6 114
Long-term debt
11 312
10 964
10 696
9 887
9 916
Short-term debt
1 536
2 050
1 944
1 834
2 264
Total debt
12 849
13 014
12 640
11 721
12 180
Financial ratios
5-year trend
EBITDA margin
61.6%
This company
15.8%
Market median
+290% vs market
2020
2024
Equity ratio
33.4%
This company
38.2%
Market median
+13% vs market
2020
2024
Return on equity
3.5%
This company
18.4%
Market median
-81% vs market
2020
2024
Net profit margin
9.2%
This company
8.1%
Market median
+14% vs market
2020
2024
Asset turnover
0.13×
This company
1.12×
Market median
-88% vs market
2020
2024
Debt / equity
1.99×
This company
0.62×
Market median
-221% 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
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
RM
Roy Michaelsen
Chairman
2016
IM
Inger Marie Michaelsen
Board of Directors
2016
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
St. Helena Invest As
Company
100%
100%
2022
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Company hierarchy
St. Helena Invest As
VESTNES EIENDOM AS
(this company)
Board network connections
Board members of VESTNES EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Roy Michaelsen
Chairman
0 companies
Inger Marie Michaelsen
Board of Directors
0 companies