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FINNESTAD UTVIKLING AS
AS
Active
Org 995666960
Finnestadveien 444, 1880 Eidsberg
Growing of other non-perennial crops · NACE 0119
Est. 2010
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 382K
+145% vs 2023
EBITDA margin
-17.4%
+54% vs 2023
Equity ratio
83.6%
Financial strength
Net profit 2024
NOK 134K
+40% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
2M
+100%
2021
0M
-100%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 382K
+145%
EBITDA
NOK -67K
+54%
Net profit
NOK 134K
+40%
Total assets
NOK 15M
+3%
Equity
NOK 12,5M
+1%
Employees
1
—
Company information
Legal name
FINNESTAD UTVIKLING AS
Org number
995666960
Legal form
Aksjeselskap
NACE code
0119 · Growing of other non-perennial crops
Founded
12. juli 2010
Share capital
NOK 86 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Drift av planteskole og alt som naturlig hører under dette, samt utvikling av tomter og grunnarealer.
Contact
Address
Finnestadveien 444, 1880 Eidsberg
Phone
+4790832425
Email
post@finnestadplanteskole.no
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Revenue
NOK millions
0M
2M
4M
6M
8M
6M
2020
7M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 463
7 085
42
156
382
Staff expenses
−685
−703
−165
−162
−220
EBITDA
1 476
1 758
−331
−145
−67
Depreciation & amort.
−38
−20
−22
−21
−36
EBIT
1 437
1 739
−353
−165
−102
Net financials
185
275
333
294
271
Profit before tax
1 622
2 013
−20
128
168
Tax
357
545
−0
32
34
Net profit
1 265
1 468
−20
96
134
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
14 018
15 371
14 525
14 632
15 006
Equity
11 094
12 333
12 314
12 410
12 544
Long-term debt
1 811
1 978
1 759
0
0
Short-term debt
1 113
1 059
452
2 222
2 462
Total debt
2 924
3 037
2 211
2 222
2 462
Financial ratios
5-year trend
EBITDA margin
-17.4%
This company
15.8%
Market median
-210% vs market
2020
2024
Equity ratio
83.6%
This company
38.2%
Market median
+119% vs market
2020
2024
Return on equity
1.1%
This company
18.4%
Market median
-94% vs market
2020
2024
Net profit margin
35.2%
This company
8.1%
Market median
+335% vs market
2020
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2020
2024
Debt / equity
0.20×
This company
0.62×
Market median
+68% 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 (2)
TS
Turi Strand Ludvigsen
Deputy Member
Deputy Member
2010
JC
John Conrad Degnes
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Degnes Holding As
Company
100%
100%
2024
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Company hierarchy
Degnes Holding As
FINNESTAD UTVIKLING AS
(this company)
Board network connections
Board members of FINNESTAD UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Turi Strand Ludvigsen
Deputy Member
0 companies
John Conrad Degnes
Chief Executive Officer
0 companies