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FLAX EIENDOMSUTVIKLING AS
AS
Active
Org 988408387
Elvegata 6, 2500 Tynset
Rental and operating of own or leased real estate · NACE 6820
Est. 2005
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 71K
-59% vs 2023
EBITDA margin
-172.7%
-325% vs 2023
Equity ratio
10.5%
Financial strength
Net profit 2024
NOK -257K
-383% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 71K
-59%
EBITDA
NOK -123K
-325%
Net profit
NOK -257K
-383%
Total assets
NOK 2,4M
+13%
Equity
NOK 251K
-5%
Employees
0
—
Company information
Legal name
FLAX EIENDOMSUTVIKLING AS
Org number
988408387
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
7. juli 2005
Share capital
NOK 100 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Investering, utvikling og drift av fast eiendom og tilhørende virksomhet.
Contact
Address
Elvegata 6, 2500 Tynset
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Tynset
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
153
254
243
175
71
Staff expenses
−0
−0
−0
−0
−15
EBITDA
0
63
49
55
−123
Depreciation & amort.
−0
−0
−0
−0
−52
EBIT
0
63
49
55
−174
Net financials
−83
−74
−84
−123
−155
Profit before tax
−83
−11
−35
−68
−330
Tax
−18
−2
−8
−15
−72
Net profit
−65
−8
−27
−53
−257
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 213
2 119
2 118
2 124
2 393
Equity
353
345
318
264
251
Long-term debt
1 646
1 571
1 606
1 738
1 748
Short-term debt
214
203
194
121
394
Total debt
1 860
1 775
1 800
1 860
2 142
Financial ratios
5-year trend
EBITDA margin
-172.7%
This company
15.8%
Market median
-1193% vs market
2020
2024
Equity ratio
10.5%
This company
38.2%
Market median
-73% vs market
2020
2024
Return on equity
-102.5%
This company
18.4%
Market median
-657% vs market
2020
2024
Net profit margin
-361.6%
This company
8.1%
Market median
-4564% vs market
2020
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2020
2024
Debt / equity
8.55×
This company
0.62×
Market median
-1279% 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 (3)
DI
Dag Inge Østgård
Board of Directors
2013
PA
Per Arne Mikkelsen
Board of Directors
2024
RT
Roar Tangen
Chairman
2024
Former (2)
SO
Stein Oddvar Østgård
Chairman
2013 – 2024
RM
Ronny Moen
Board of Directors
2013 – 2024
Shareholders
As of last annual report
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
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FLAX EIENDOMSUTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Stein Oddvar Østgård
Chairman
0 companies
Dag Inge Østgård
Board of Directors
0 companies
Ronny Moen
Board of Directors
0 companies
Per Arne Mikkelsen
Board of Directors
0 companies
Roar Tangen
Chairman
0 companies