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ARA PROSJEKT AS
AS
Active
Org 980414434
Ringveien 6, 4270 Åkrehamn
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 3,4M
+80% vs 2023
EBITDA margin
64.1%
+115% vs 2023
Equity ratio
42.8%
Financial strength
Net profit 2024
NOK 669K
+431% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 3,4M
+80%
EBITDA
NOK 2,2M
+115%
Net profit
NOK 669K
+431%
Total assets
NOK 23,9M
-3%
Equity
NOK 10,2M
+7%
Employees
0
—
Company information
Legal name
ARA PROSJEKT AS
Org number
980414434
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
29. desember 1998
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Ringveien 6, 4270 Åkrehamn
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Companies in Rental and operating of own or leased real estate
Companies in Karmøy
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2020
2M
2021
2M
2022
2M
2023
3M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
1M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 705
1 687
1 716
1 880
3 389
Staff expenses
−0
−0
−0
−0
−0
EBITDA
941
838
883
1 011
2 173
Depreciation & amort.
−424
−429
−434
−430
−430
EBIT
517
409
450
581
1 743
Net financials
−517
−377
−571
−840
−886
Profit before tax
1
32
−121
−259
858
Tax
1
7
−27
−57
189
Net profit
0
25
−94
−202
669
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
33 122
24 811
24 701
24 668
23 888
Equity
9 669
9 794
9 754
9 552
10 221
Long-term debt
15 402
14 726
14 120
13 638
13 183
Short-term debt
8 051
291
826
1 477
483
Total debt
23 453
15 017
14 946
15 116
13 666
Financial ratios
5-year trend
EBITDA margin
64.1%
This company
15.8%
Market median
+306% vs market
2020
2024
Equity ratio
42.8%
This company
38.2%
Market median
+12% vs market
2020
2024
Return on equity
6.5%
This company
18.4%
Market median
-65% vs market
2020
2024
Net profit margin
19.7%
This company
8.1%
Market median
+143% vs market
2020
2024
Asset turnover
0.14×
This company
1.12×
Market median
-88% vs market
2020
2024
Debt / equity
1.34×
This company
0.62×
Market median
-116% 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
Former (1)
TS
Terje Saltnes
Deputy Member
Deputy Member
1999 – 2024
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
ES
Erlend Sørheim
Board of Directors
2024
AR
Andor Rasmussen
Chairman
1999
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Ara Prosjekt Invest As
Company
100%
100%
2024
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Company hierarchy
Ara Prosjekt Invest As
ARA PROSJEKT AS
(this company)
Board network connections
Board members of ARA PROSJEKT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Terje Saltnes
Deputy Member
0 companies
Erlend Sørheim
Board of Directors
0 companies
Andor Rasmussen
Chairman
0 companies