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COAST APARTMENTS AS
AS
Active
Org 991597573
Sæ 20, 5417 Stord
Rental and operating of own or leased real estate · NACE 6820
Est. 2007
22 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 12,2M
+5% vs 2023
EBITDA margin
31.7%
-23% vs 2023
Equity ratio
8.1%
Financial strength
Net profit 2024
NOK 3,2M
-20% vs 2023
EBITDA — year on year
NOK millions
6M
5M
3M
2M
0M
1M
2020
1M
0%
2021
3M
+200%
2022
5M
+67%
2023
4M
-20%
2024
Key figures
Annual report 2024
Revenue
NOK 12,2M
+5%
EBITDA
NOK 3,9M
-23%
Net profit
NOK 3,2M
-20%
Total assets
NOK 8,6M
-6%
Equity
NOK 700K
-14%
Employees
22
—
Company information
Legal name
COAST APARTMENTS AS
Org number
991597573
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
29. september 2007
Share capital
NOK 500 000
Employees
22 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Å leie inn bustader i stord, fitjar og bømlo kommune for videre utleie i marknaden. Og dertil naturlig tilhørende virksomhet.
Contact
Address
Sæ 20, 5417 Stord
Phone
+4753414000
Email
mail@coastapartments.no
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Stord
All Norway companies
Revenue
NOK millions
0M
3M
7M
10M
14M
5M
2020
5M
2021
8M
2022
12M
2023
12M
2024
EBITDA
NOK millions
0M
1M
3M
4M
6M
1M
2020
1M
2021
3M
2022
5M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 847
4 960
8 387
11 620
12 181
Staff expenses
−2 392
−2 904
−3 220
−4 404
−4 796
EBITDA
1 180
692
3 208
5 045
3 862
Depreciation & amort.
−7
−7
−10
−12
−10
EBIT
1 172
685
3 198
5 033
3 852
Net financials
−18
−5
19
65
233
Profit before tax
1 154
680
3 216
5 098
4 085
Tax
256
154
710
1 122
906
Net profit
898
526
2 506
3 977
3 179
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 650
2 500
2 806
9 136
8 595
Equity
1 151
1 130
1 115
810
700
Long-term debt
0
0
0
0
0
Short-term debt
1 498
1 370
1 691
8 326
7 896
Total debt
1 498
1 370
1 691
8 326
7 896
Financial ratios
5-year trend
EBITDA margin
31.7%
This company
15.8%
Market median
+101% vs market
2020
2024
Equity ratio
8.1%
This company
38.2%
Market median
-79% vs market
2020
2024
Return on equity
454.3%
This company
18.4%
Market median
+2369% vs market
2020
2024
Net profit margin
26.1%
This company
8.1%
Market median
+222% vs market
2020
2024
Asset turnover
1.42×
This company
1.12×
Market median
+27% vs market
2020
2024
Debt / equity
11.28×
This company
0.62×
Market median
-1719% 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 (1)
AH
Andreas Hauge
Chairman
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Coast Næring 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
Kristtorn Holding As
Coast Næring As
COAST APARTMENTS AS
(this company)
Board network connections
Board members of COAST APARTMENTS AS also hold positions in
0
other companies.
Person
Role here
Other companies
Andreas Hauge
Chairman
0 companies