Riskpilot← Back to searchSign inGet full accessM17 UTVIKLING AS
ASActiveOrg 988736228Snarøyveien 36, 1364 FornebuDevelopment of building projects · NACE 6812Est. 20050 employees
Revenue 2024
NOK 65M
-68% vs 2023
EBITDA margin
52.3%
+5% vs 2023
Equity ratio
47.8%
Financial strength
Net profit 2024
NOK -61,5M
-368% vs 2023
| Revenue | NOK 65M | -68% |
| EBITDA | NOK 34M | +5% |
| Net profit | NOK -61,5M | -368% |
| Total assets | NOK 214,6M | -56% |
| Equity | NOK 102,6M | -61% |
| Employees | 0 | — |
Legal name
M17 UTVIKLING AS
Org number
988736228
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
6. oktober 2005
Share capital
NOK 510 000
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
Erverve og leie ut faste eiendommer, oppføre og selge boliger og næringseiendom og hva hermed står i forbindelse, herunder å delta i andre selskaper med lignende virksomhet.
Address
Snarøyveien 36, 1364 Fornebu
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 | 944 592 | 1 466 867 | 771 235 | 203 505 | 65 024 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 326 575 | 532 242 | 280 453 | 32 298 | 34 026 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 |
| EBIT | 326 575 | 532 242 | 280 453 | 32 298 | 34 026 |
| Net financials | −47 208 | −78 202 | −37 953 | −2 033 | −50 323 |
| Profit before tax | 279 367 | 454 040 | 242 499 | 30 265 | −16 297 |
| Tax | 61 461 | 99 889 | 53 350 | 7 348 | 45 170 |
| Net profit | 217 906 | 354 151 | 189 149 | 22 917 | −61 467 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 1 891 882 | 2 980 949 | 650 579 | 485 576 | 214 556 |
| Equity | 247 818 | 601 969 | 241 118 | 264 035 | 102 568 |
| Long-term debt | 1 423 438 | 159 439 | 0 | 148 180 | 86 382 |
| Short-term debt | 220 627 | 2 219 541 | 409 461 | 73 361 | 25 606 |
| Total debt | 1 644 065 | 2 378 980 | 409 461 | 221 541 | 111 988 |
EBITDA margin
52.3%
This company
15.8%
Market median
+231% vs market
20202024
Equity ratio
47.8%
This company
38.2%
Market median
+25% vs market
20202024
Return on equity
-59.9%
This company
18.4%
Market median
-426% vs market
20202024
Net profit margin
-94.5%
This company
8.1%
Market median
-1267% vs market
20202024
Asset turnover
0.30×
This company
1.12×
Market median
-73% vs market
20202024
Debt / equity
1.09×
This company
0.62×
Market median
-76% 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) | ||
KS Chief Executive Officer | Chief Executive Officer | 2021 |
| Former (1) | ||
HE Chief Executive Officer | Chief Executive Officer | 2018 – 2021 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2025 | |
| Chairman | 2023 | |
| Chairman | 2026 | |
| Chairman | 2025 | |
| Board of Directors | 2026 | |
| Former (7) | ||
| Board of Directors | 2023 – 2023 | |
| Chairman | 2020 – 2023 | |
| Board of Directors | 2023 – 2024 | |
| Board of Directors | 2023 – 2025 | |
| Board of Directors | 2020 – 2023 | |
| Board of Directors | 2020 – 2023 | |
| Board of Directors | 2020 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 50% | 50% | 2024 | |
| Company | 50% | 50% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
OBOS BBL
M17 UTVIKLING AS Board members of M17 UTVIKLING AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kristin Solerød Tronaas | Chief Executive Officer | 0 companies |
| Herman Engesgaar | Chief Executive Officer | 0 companies |
| Roar Nåvik | Board of Directors | 0 companies |
| Marthe Sofie Andersen | Chairman | 0 companies |
| Geir Karlsen | Chairman | 0 companies |
| Bjørn Tore Olsen | Board of Directors | 0 companies |
| Arne Baumann | Chairman | 0 companies |
| Bjørn-Tore Rynning Olsen | Board of Directors | 0 companies |
| Henning Wettre Hanevold | Board of Directors | 0 companies |
| Marthe Sofie Eriksen | Chairman | 0 companies |
| Mari Mette Strømsnes Bernum | Board of Directors | 0 companies |
| Pål Magnus Aglen | Board of Directors | 0 companies |
| Even Jermstad | Board of Directors | 0 companies |
| Sigbjørn Fondenes | Board of Directors | 0 companies |