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GRØNLAND 18 AS
AS
Active
Org 990006121
Grenseveien 73D, 0663 Oslo
Rental and operating of own or leased real estate · NACE 6820
Est. 2006
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 7,2M
+9% vs 2024
EBITDA margin
81.2%
-2% vs 2024
Equity ratio
15.4%
Financial strength
Net profit 2025
NOK 3,4M
-7% vs 2024
EBITDA — year on year
NOK millions
8M
6M
4M
2M
0M
2M
2021
2M
0%
2022
6M
+200%
2023
6M
0%
2024
6M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 7,2M
+9%
EBITDA
NOK 5,8M
-2%
Net profit
NOK 3,4M
-7%
Total assets
NOK 21,3M
+3%
Equity
NOK 3,3M
+6%
Employees
0
—
Company information
Legal name
GRØNLAND 18 AS
Org number
990006121
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
27. juli 2006
Share capital
NOK 200 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Utleie, investering og annen tilliggende aktivitet, i fast eiendom.
Contact
Address
Grenseveien 73D, 0663 Oslo
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
2M
2021
3M
2022
7M
2023
7M
2024
7M
2025
EBITDA
NOK millions
0M
2M
3M
5M
7M
2M
2021
2M
2022
6M
2023
6M
2024
6M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
1 832
2 767
6 791
6 594
7 176
Staff expenses
−0
−0
−0
−0
−0
EBITDA
1 545
2 411
5 692
5 951
5 831
Depreciation & amort.
−107
−312
−318
−318
−318
EBIT
1 438
2 099
5 375
5 633
5 513
Net financials
0
−215
−414
−1 004
−1 215
Profit before tax
1 439
1 885
4 960
4 629
4 298
Tax
316
415
1 091
1 018
946
Net profit
1 122
1 470
3 870
3 611
3 353
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
7 480
20 958
23 338
20 742
21 285
Equity
2 779
2 923
2 699
3 086
3 280
Long-term debt
3 999
17 939
15 287
12 955
0
Short-term debt
703
97
5 352
4 701
4 248
Total debt
4 701
18 035
20 639
17 656
18 005
Financial ratios
5-year trend
EBITDA margin
81.2%
This company
15.8%
Market median
+414% vs market
2021
2025
Equity ratio
15.4%
This company
38.2%
Market median
-60% vs market
2021
2025
Return on equity
102.2%
This company
18.4%
Market median
+455% vs market
2021
2025
Net profit margin
46.7%
This company
8.1%
Market median
+477% vs market
2021
2025
Asset turnover
0.34×
This company
1.12×
Market median
-70% vs market
2021
2025
Debt / equity
5.49×
This company
0.62×
Market median
-785% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
SM
Sajid Mahmood
Deputy Member
Deputy Member
2019
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
NM
Nasir Mahmood
Board of Directors
2019
TM
Tariq Mahmood
Chairman
2019
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Oslo Eiendomssenter As
Company
100%
100%
2024
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Company hierarchy
Mahmood Holding As
Oslo Eiendomssenter As
GRØNLAND 18 AS
(this company)
Board network connections
Board members of GRØNLAND 18 AS also hold positions in
0
other companies.
Person
Role here
Other companies
Sajid Mahmood
Deputy Member
0 companies
Nasir Mahmood
Board of Directors
0 companies
Tariq Mahmood
Chairman
0 companies