Riskpilot← Back to searchSign inGet full accessHIGH NORTH DEVELOPMENT GROUP AS
ASActiveOrg 987754257Dr. Palmstrøms Vei 15, 9901 KirkenesRental and operating of own or leased real estate · NACE 6820Est. 20050 employees
Revenue 2024
NOK 1,4M
EBITDA margin
-138.3%
-257% vs 2023
Equity ratio
25.6%
Financial strength
Net profit 2024
NOK -7,8M
-356% vs 2023
| Revenue | NOK 1,4M | — |
| EBITDA | NOK -1,9M | -257% |
| Net profit | NOK -7,8M | -356% |
| Total assets | NOK 160,6M | +90% |
| Equity | NOK 41,1M | -16% |
| Employees | 0 | — |
Legal name
HIGH NORTH DEVELOPMENT GROUP AS
Org number
987754257
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
20. januar 2005
Share capital
NOK 50 100 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Forvaltning av investeringsselskaper, og investeringsvirksomhet, herunder eie og forvalte investeringer i hel eller deleide selskaper, forvaltning av likvider og alt annet som hører hertil.
Address
Dr. Palmstrøms Vei 15, 9901 Kirkenes
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 652 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 406 |
| Staff expenses | −0 | −52 | −25 | −25 | −40 | −34 | −32 | −35 | −35 | −46 | −47 | −51 | −41 | −0 | −0 | −0 | −5 | −0 |
| EBITDA | 0 | 1 336 | −46 | −42 | −56 | −39 | −42 | −42 | −41 | −51 | −52 | −55 | −45 | −4 | −208 | −730 | −545 | −1 945 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| EBIT | 0 | 1 336 | −46 | −42 | −56 | −39 | −42 | −42 | −41 | −51 | −52 | −55 | −45 | −4 | −208 | −730 | −545 | −1 945 |
| Net financials | 0 | 50 | −10 | −16 | 100 | 76 | 57 | 59 | 48 | 50 | 42 | 42 | 42 | 17 | 1 160 | −553 | −1 168 | −5 861 |
| Profit before tax | 0 | 1 386 | −56 | −58 | 43 | 37 | 15 | 17 | 7 | −1 | −10 | −13 | −3 | 13 | 951 | −1 284 | −1 713 | −7 806 |
| Tax | −0 | 345 | −15 | −0 | −0 | 6 | 4 | 5 | 2 | −0 | −0 | −0 | −0 | −0 | 207 | −0 | −0 | −0 |
| Net profit | 0 | 1 040 | −41 | −58 | 43 | 30 | 11 | 12 | 5 | −1 | −10 | −13 | −3 | 13 | 745 | −1 284 | −1 713 | −7 806 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | 3 149 | 2 983 | 2 934 | 2 990 | 2 342 | 2 346 | 2 359 | 2 361 | 2 364 | 2 350 | 2 337 | 2 334 | 2 342 | 61 758 | 62 871 | 84 352 | 160 602 |
| Equity | — | 2 351 | 2 310 | 2 253 | 2 296 | 2 327 | 2 337 | 2 350 | 2 355 | 2 354 | 2 344 | 2 331 | 2 328 | 2 342 | 51 932 | 50 648 | 48 935 | 41 130 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 0 | 798 | 672 | 681 | 694 | 15 | 8 | 10 | 6 | 10 | 6 | 6 | 5 | 0 | 9 826 | 12 223 | 35 417 | 119 473 |
| Total debt | 0 | 798 | 672 | 681 | 694 | 15 | 8 | 10 | 6 | 10 | 6 | 6 | 5 | 0 | 9 826 | 12 223 | 35 417 | 119 473 |
EBITDA margin
-138.3%
This company
15.8%
Market median
-975% vs market
20072024
Equity ratio
25.6%
This company
38.2%
Market median
-33% vs market
20072024
Return on equity
-19.0%
This company
18.4%
Market median
-203% vs market
20072024
Net profit margin
-555.2%
This company
8.1%
Market median
-6954% vs market
20072024
Asset turnover
0.01×
This company
1.12×
Market median
-99% vs market
20072024
Debt / equity
2.90×
This company
0.62×
Market median
-368% vs market
20072024
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
NA Chief Executive Officer | Chief Executive Officer | 2024 | — | — |
PL Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
ØS Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Chairman | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Steinerud As | Company | 71.3% | 71.3% | 2024 |
Mamatoto As | Company | 28.7% | 28.7% | 2024 |
| Individual | 5.0% | 5.0% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Steinerud As
HIGH NORTH DEVELOPMENT GROUP AS Board members of HIGH NORTH DEVELOPMENT GROUP AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Niels Anton Røine | Chief Executive Officer | 0 companies |
| Pål Lund-Roland | Chief Executive Officer | 0 companies |
| Øyvind Sollie | Chief Executive Officer | 0 companies |
| Olav Rygh | Board of Directors | 0 companies |
| Tom Vidar Rygh | Chairman | 0 companies |