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OTOEN EIENDOM AS
AS
Active
Org 980618919
Nordstrandvegen 29, 5265 Ytre Arna
Rental and operating of own or leased real estate · NACE 6820
Est. 1999
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 262K
+43% vs 2023
EBITDA margin
-44.8%
+45% vs 2023
Equity ratio
81.1%
Financial strength
Net profit 2024
NOK -103K
+43% vs 2023
EBITDA — year on year
NOK millions
10M
8M
5M
3M
0M
1M
2020
0M
-100%
2021
8M
+800%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 262K
+43%
EBITDA
NOK -117K
+45%
Net profit
NOK -103K
+43%
Total assets
NOK 14,6M
-2%
Equity
NOK 11,8M
-1%
Employees
0
—
Company information
Legal name
OTOEN EIENDOM AS
Org number
980618919
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
25. februar 1999
Share capital
NOK 2 500 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Contact
Address
Nordstrandvegen 29, 5265 Ytre Arna
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Companies in Rental and operating of own or leased real estate
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
2M
2020
1M
2021
10M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
2M
5M
7M
9M
1M
2020
0M
2021
8M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 481
715
10 430
183
262
Staff expenses
−299
−2
−0
28
−0
EBITDA
933
−4
8 196
−212
−117
Depreciation & amort.
−199
−194
−49
−20
−6
EBIT
734
−198
8 147
−232
−123
Net financials
−66
−52
−20
0
−7
Profit before tax
669
−249
8 127
−232
−130
Tax
189
−43
1 788
−51
−27
Net profit
479
−207
6 339
−181
−103
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
12 771
12 049
14 859
14 872
14 584
Equity
6 283
6 077
12 116
11 935
11 832
Long-term debt
3 035
2 822
2 065
1 658
1 326
Short-term debt
3 453
3 150
678
1 279
1 426
Total debt
6 488
5 972
2 743
2 937
2 752
Financial ratios
5-year trend
EBITDA margin
-44.8%
This company
15.8%
Market median
-384% vs market
2020
2024
Equity ratio
81.1%
This company
38.2%
Market median
+112% vs market
2020
2024
Return on equity
-0.9%
This company
18.4%
Market median
-105% vs market
2020
2024
Net profit margin
-39.4%
This company
8.1%
Market median
-586% vs market
2020
2024
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
2020
2024
Debt / equity
0.23×
This company
0.62×
Market median
+63% 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 (2)
OT
Olav Toen
Chief Executive Officer
Chief Executive Officer
2019 – 2023
MT
Morten Torlei
Deputy Member
Deputy Member
2005 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TL
Terje Lavik
Chairman
2005
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
T. L. Holding As
Company
100%
100%
2024
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Company hierarchy
T. L. Holding As
OTOEN EIENDOM AS
(this company)
Board network connections
Board members of OTOEN EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Olav Toen
Chief Executive Officer
0 companies
Morten Torlei
Deputy Member
0 companies
Terje Lavik
Chairman
0 companies