Riskpilot← Back to searchSign inGet full accessAREA AS
ASActiveOrg 987650982Steinsvikgrend 23, 5251 SøreidgrendRetail sale of watches and jewellery · NACE 4777Est. 20052 employees
Revenue 2024
NOK 526K
-3% vs 2023
EBITDA margin
-36.0%
+68% vs 2023
Equity ratio
96.0%
Financial strength
Net profit 2024
NOK 283K
+132% vs 2023
| Revenue | NOK 526K | -3% |
| EBITDA | NOK -189K | +68% |
| Net profit | NOK 283K | +132% |
| Total assets | NOK 1,5M | +14% |
| Equity | NOK 1,4M | +24% |
| Employees | 2 | — |
Legal name
AREA AS
Org number
987650982
Legal form
Aksjeselskap
NACE code
4777 · Retail sale of watches and jewellery
Founded
17. januar 2005
Share capital
NOK 50 000
Employees
2 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Handel og alt som står i forbindelse med dette. Drift av serveringsvirksomhet og virksomhet som står i forbindelse med dette, samt kjøp og drift av eiendom og investeringer i andre selskaper. Konsulentvirksomhet mot alle bransjer.
Address
Steinsvikgrend 23, 5251 Søreidgrend
Phone
+4790711421
Email
area@area.nyc
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 1 590 | 1 056 | 1 187 | 541 | 526 |
| Staff expenses | −891 | −843 | −849 | −705 | −327 |
| EBITDA | −266 | −566 | −532 | −598 | −189 |
| Depreciation & amort. | −31 | −26 | −4 | −12 | −0 |
| EBIT | −297 | −593 | −536 | −610 | −189 |
| Net financials | −54 | 1 165 | 992 | −287 | 473 |
| Profit before tax | −351 | 572 | 457 | −896 | 283 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | −351 | 572 | 457 | −896 | 283 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 5 211 | 3 611 | 2 710 | 1 319 | 1 502 |
| Equity | 1 576 | 2 148 | 2 605 | 1 158 | 1 442 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 3 635 | 1 463 | 106 | 160 | 61 |
| Total debt | 3 635 | 1 463 | 106 | 160 | 61 |
EBITDA margin
-36.0%
This company
15.8%
Market median
-328% vs market
20202024
Equity ratio
96.0%
This company
38.2%
Market median
+151% vs market
20202024
Return on equity
19.6%
This company
18.4%
Market median
+7% vs market
20202024
Net profit margin
53.8%
This company
8.1%
Market median
+564% vs market
20202024
Asset turnover
0.35×
This company
1.12×
Market median
-69% vs market
20202024
Debt / equity
0.04×
This company
0.62×
Market median
+94% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
EE Deputy Member | Deputy Member | 2005 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2005 | |
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.
AREA AS 
KRINGSYN ASBoard members of AREA AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Evelyn Evensen | Deputy Member | 0 companies |
| Ragnar Evensen | Chairman | 0 companies |