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NORDIC PROPERTY GROUP AS
AS
Active
Org 991286721
Ulavegen 5, 7045 Trondheim
Rental and operating of own or leased real estate · NACE 6820
Est. 2007
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 574K
+14% vs 2023
EBITDA margin
76.0%
+152% vs 2023
Equity ratio
-22.3%
Financial strength
Net profit 2024
NOK -60K
+83% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
-1M
2020
0M
+100%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 574K
+14%
EBITDA
NOK 436K
+152%
Net profit
NOK -60K
+83%
Total assets
NOK 5,7M
-1%
Equity
NOK -1,3M
-5%
Employees
0
—
Company information
Legal name
NORDIC PROPERTY GROUP AS
Org number
991286721
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
7. juni 2007
Share capital
NOK 2 500 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Kjøp, besittelse og salg av aksjer eller eiendommer, utleie av eiendommer og ellers det som naturlig hører til dette.
Contact
Address
Ulavegen 5, 7045 Trondheim
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Trondheim
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
0M
2022
1M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
-1M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
686
643
409
504
574
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−993
344
149
173
436
Depreciation & amort.
−376
−376
−376
−259
−102
EBIT
−1 369
−32
−227
−86
334
Net financials
−182
−138
−213
−376
−411
Profit before tax
−1 551
−171
−440
−462
−77
Tax
−341
−38
−97
−102
−17
Net profit
−1 210
−133
−343
−360
−60
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
6 001
6 006
5 689
5 727
5 689
Equity
−373
−506
−849
−1 209
−1 270
Long-term debt
5 500
5 500
5 500
5 500
5 500
Short-term debt
873
1 012
1 038
1 436
1 458
Total debt
6 373
6 512
6 538
6 936
6 958
Financial ratios
5-year trend
EBITDA margin
76.0%
This company
15.8%
Market median
+381% vs market
2020
2024
Equity ratio
-22.3%
This company
38.2%
Market median
-158% vs market
2020
2024
Return on equity
-6035900.0%
This company
18.4%
Market median
-32803904% vs market
2020
2024
Net profit margin
-10.5%
This company
8.1%
Market median
-230% vs market
2020
2024
Asset turnover
0.10×
This company
1.12×
Market median
-91% vs market
2020
2024
Debt / equity
5.48×
This company
0.62×
Market median
-784% 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)
OM
Ole Martin Thorvaldsen
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MI
Morten Innhaug
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Nordic Blu Ocean As
Company
50%
50%
2022
T3 Invest As
Company
50%
50%
2022
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Company hierarchy
Nordic Blu Ocean As
NORDIC PROPERTY GROUP AS
(this company)
Board network connections
Board members of NORDIC PROPERTY GROUP AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ole Martin Thorvaldsen
Chief Executive Officer
0 companies
Morten Innhaug
Board of Directors
0 companies