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OLAV INGSTADSVEI 5 AS
AS
Active
Org 989566903
Olav Ingstadsvei 5, 1309 Rud
Quarrying of ornamental stone, limestone, gypsum, slate and other stone · NACE 0811
Est. 2006
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 10,5M
+9% vs 2023
EBITDA margin
65.1%
+15% vs 2023
Equity ratio
49.2%
Financial strength
Net profit 2024
NOK 3,5M
+9% vs 2023
EBITDA — year on year
NOK millions
9M
7M
4M
2M
0M
4M
2020
4M
0%
2021
4M
0%
2022
6M
+50%
2023
7M
+17%
2024
Key figures
Annual report 2024
Revenue
NOK 10,5M
+9%
EBITDA
NOK 6,8M
+15%
Net profit
NOK 3,5M
+9%
Total assets
NOK 14,8M
-22%
Equity
NOK 7,3M
-11%
Employees
0
—
Company information
Legal name
OLAV INGSTADSVEI 5 AS
Org number
989566903
Legal form
Aksjeselskap
NACE code
0811 · Quarrying of ornamental stone, limestone, gypsum, slate and other stone
Founded
13. mars 2006
Share capital
NOK 2 277 966
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Å eie og drive utleie av fast eiendom.
Contact
Address
Olav Ingstadsvei 5, 1309 Rud
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Companies in Quarrying of ornamental stone, limestone, gypsum, slate and other stone
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
13M
8M
2020
8M
2021
9M
2022
10M
2023
11M
2024
EBITDA
NOK millions
0M
2M
4M
6M
8M
4M
2020
4M
2021
4M
2022
6M
2023
7M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
7 535
7 710
8 703
9 605
10 511
Staff expenses
−0
−0
−0
−0
−0
EBITDA
4 103
3 732
4 248
5 965
6 838
Depreciation & amort.
−771
−764
−1 827
−1 898
−2 238
EBIT
3 332
2 969
2 421
4 067
4 600
Net financials
10
−20
−100
26
−164
Profit before tax
3 342
2 949
2 321
4 093
4 435
Tax
735
649
511
902
972
Net profit
2 607
2 300
1 810
3 191
3 463
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 158
14 545
14 568
19 055
14 792
Equity
7 149
7 160
8 970
8 197
7 278
Long-term debt
0
0
0
0
0
Short-term debt
4 009
7 385
5 598
10 858
7 515
Total debt
4 009
7 385
5 598
10 858
7 515
Financial ratios
5-year trend
EBITDA margin
65.1%
This company
15.8%
Market median
+312% vs market
2020
2024
Equity ratio
49.2%
This company
38.2%
Market median
+29% vs market
2020
2024
Return on equity
47.6%
This company
18.4%
Market median
+159% vs market
2020
2024
Net profit margin
32.9%
This company
8.1%
Market median
+306% vs market
2020
2024
Asset turnover
0.71×
This company
1.12×
Market median
-37% vs market
2020
2024
Debt / equity
1.03×
This company
0.62×
Market median
-66% 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
Current (1)
ØR
Øystein Roger Ulsletten
Chief Executive Officer
Chief Executive Officer
2012
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
RA
Remi Alexander Krogstad-Havnes
Board of Directors
2020
HM
Hanne Markussen Eek
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Franzefoss Minerals As
Company
100%
100%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Sandvika Kalkmølle As
Franzefoss Minerals As
OLAV INGSTADSVEI 5 AS
(this company)
Board network connections
Board members of OLAV INGSTADSVEI 5 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Øystein Roger Ulsletten
Chief Executive Officer
0 companies
Remi Alexander Krogstad-Havnes
Board of Directors
0 companies
Hanne Markussen Eek
Chairman
0 companies