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VESTGASS EIENDOM AS
AS
Active
Org 994986880
Eikeskogvegen 78, 5570 Aksdal
Rental and operating of own or leased real estate · NACE 6820
Est. 2010
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 5,1M
+44% vs 2023
EBITDA margin
70.1%
+70% vs 2023
Equity ratio
44.0%
Financial strength
Net profit 2024
NOK 1,7M
+232% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
2M
2020
2M
0%
2021
2M
0%
2022
2M
0%
2023
4M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 5,1M
+44%
EBITDA
NOK 3,6M
+70%
Net profit
NOK 1,7M
+232%
Total assets
NOK 29,6M
-2%
Equity
NOK 13M
+15%
Employees
0
—
Company information
Legal name
VESTGASS EIENDOM AS
Org number
994986880
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
23. januar 2010
Share capital
NOK 200 000
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
Utleie av fast eiendom.
Contact
Address
Eikeskogvegen 78, 5570 Aksdal
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Companies in Rental and operating of own or leased real estate
Companies in Tysvær
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
3M
2020
3M
2021
3M
2022
4M
2023
5M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
2M
2020
2M
2021
2M
2022
2M
2023
4M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 691
3 093
3 478
3 569
5 135
Staff expenses
−0
−0
−0
−0
−0
EBITDA
2 074
2 036
1 982
2 118
3 599
Depreciation & amort.
−337
−337
−339
−341
−341
EBIT
1 737
1 699
1 642
1 777
3 258
Net financials
−733
−658
−820
−1 139
−1 138
Profit before tax
1 004
1 041
822
638
2 120
Tax
221
231
184
140
466
Net profit
783
809
638
498
1 654
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
30 430
30 143
29 955
30 227
29 552
Equity
9 402
10 212
10 850
11 348
13 001
Long-term debt
20 454
19 246
18 038
16 830
15 622
Short-term debt
574
686
1 068
2 050
929
Total debt
21 027
19 932
19 105
18 879
16 550
Financial ratios
5-year trend
EBITDA margin
70.1%
This company
15.8%
Market median
+344% vs market
2020
2024
Equity ratio
44.0%
This company
38.2%
Market median
+15% vs market
2020
2024
Return on equity
12.7%
This company
18.4%
Market median
+31% vs market
2020
2024
Net profit margin
32.2%
This company
8.1%
Market median
+298% vs market
2020
2024
Asset turnover
0.17×
This company
1.12×
Market median
-85% vs market
2020
2024
Debt / equity
1.27×
This company
0.62×
Market median
-105% 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)
JK
Jarl Kvam
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
NT
Norvall Thormodsæter
Chairman
2015
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vestgass As
Company
100%
100%
2024
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Company hierarchy
Vestgass As
VESTGASS EIENDOM AS
(this company)
Board network connections
Board members of VESTGASS EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jarl Kvam
Chief Executive Officer
0 companies
Norvall Thormodsæter
Chairman
0 companies