Riskpilot← Back to searchSign inGet full accessPORSGRUNN UTVIKLING AS
ASActiveOrg 993924105Jernbanegata 15, 3916 PorsgrunnDevelopment of building projects · NACE 6812Est. 20094 employeeswww.porsgrunnutvikling.no
Revenue 2024
NOK 12,6M
+47% vs 2023
EBITDA margin
-65.1%
-42% vs 2023
Equity ratio
95.6%
Financial strength
Net profit 2024
NOK 16,2M
-44% vs 2023
| Revenue | NOK 12,6M | +47% |
| EBITDA | NOK -8,2M | -42% |
| Net profit | NOK 16,2M | -44% |
| Total assets | NOK 258,5M | +8% |
| Equity | NOK 247M | +9% |
| Employees | 4 | — |
Legal name
PORSGRUNN UTVIKLING AS
Org number
993924105
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
30. april 2009
Share capital
NOK 21 194 000
Employees
4 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og nestleder i fellesskap og styrets leder og daglig leder i fellesskap.
Company purpose
Erverve, opparbeide og utvikle eiendommer til bo-, fritids- og næringsformål og næringsrettet infrastruktur under hensyn til by- og næringsutvikling i kommunen. Selskapet skal i utviklingen av boligprosjekter vurdere behovet for andre eie og boformer som kan møte fremtidige behov i kommunen. Selskapet kan inngå samarbeid med aktører innen eiendomsutvikling og eiendomsdrift, herunder ved å delta i andre selskaper. Selskapet skal drives på forretningsmessig basis med en avkastning som er vanlig i bransjen.
Address
Jernbanegata 15, 3916 Porsgrunn
Phone
+4799091609
Email
skule@porsgrunnutvikling.no
Website
www.porsgrunnutvikling.no
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 | 2 915 | 3 723 | 6 578 | 8 550 | 12 581 |
| Staff expenses | −3 613 | −4 399 | −5 183 | −5 792 | −6 200 |
| EBITDA | −3 373 | −3 587 | −5 619 | −5 775 | −8 189 |
| Depreciation & amort. | −72 | −71 | −85 | −113 | −143 |
| EBIT | −3 446 | −3 659 | −5 703 | −5 888 | −8 332 |
| Net financials | 7 365 | 19 135 | 55 864 | 34 054 | 23 430 |
| Profit before tax | 3 919 | 15 476 | 50 161 | 28 166 | 15 098 |
| Tax | 209 | −352 | −1 102 | −897 | −1 132 |
| Net profit | 3 710 | 15 828 | 51 264 | 29 063 | 16 230 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 152 860 | 183 996 | 219 687 | 238 791 | 258 464 |
| Equity | 132 946 | 143 774 | 203 475 | 227 538 | 247 050 |
| Long-term debt | 13 137 | 12 385 | 2 689 | 0 | 0 |
| Short-term debt | 6 776 | 27 836 | 10 816 | 9 116 | 9 676 |
| Total debt | 19 914 | 40 222 | 13 505 | 9 116 | 9 676 |
EBITDA margin
-65.1%
This company
15.8%
Market median
-512% vs market
20202024
Equity ratio
95.6%
This company
38.2%
Market median
+150% vs market
20202024
Return on equity
6.6%
This company
18.4%
Market median
-64% vs market
20202024
Net profit margin
129.0%
This company
8.1%
Market median
+1493% vs market
20202024
Asset turnover
0.05×
This company
1.12×
Market median
-96% vs market
20202024
Debt / equity
0.05×
This company
0.62×
Market median
+92% 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) | ||
SW Chief Executive Officer | Chief Executive Officer | 2020 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Deputy Chairman | 2022 | |
| Board of Directors | 2025 | |
PW | Chairman | 2022 |
| Board of Directors | 2022 | |
| Board of Directors | 2022 | |
| Former (2) | ||
| Chairman | 2019 – 2022 | |
| Board of Directors | 2022 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| 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.
Porsgrunn Kommune
PORSGRUNN UTVIKLING AS Board members of PORSGRUNN UTVIKLING AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Skule Wærstad | Chief Executive Officer | 0 companies |
| Gro Aakre | Deputy Chairman | 0 companies |
| Jan Løkling | Chairman | 0 companies |
| Anne Tilly Aas | Board of Directors | 0 companies |
| Per Wold | Chairman | 0 companies |
| Signe Prøis Tynning | Board of Directors | 0 companies |
| Morten Riis-Gjertsen | Board of Directors | 0 companies |
| Stian Lande Iversen | Board of Directors | 0 companies |