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HARDANGER EIENDOMSUTVIKLING AS
AS
Active
Org 997365119
Eitrheimsneset 8, 5750 Odda
Rental and operating of own or leased real estate · NACE 6820
Est. 2011
0 employees
www.heu.as
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 4,9M
+4% vs 2023
EBITDA margin
32.3%
+63% vs 2023
Equity ratio
36.6%
Financial strength
Net profit 2024
NOK 714K
+85% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 4,9M
+4%
EBITDA
NOK 1,6M
+63%
Net profit
NOK 714K
+85%
Total assets
NOK 5,8M
+12%
Equity
NOK 2,1M
+6%
Employees
0
—
Company information
Legal name
HARDANGER EIENDOMSUTVIKLING AS
Org number
997365119
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
24. september 2011
Share capital
NOK 199 995
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Kjøp og salg av egen eiendom og virksomhet som naturlig står i forbindelse med dette, herunder deltakelse i andre selskap.
Contact
Address
Eitrheimsneset 8, 5750 Odda
Website
www.heu.as
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Companies in Rental and operating of own or leased real estate
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All Norway companies
Revenue
NOK millions
0M
2M
4M
6M
8M
2M
2020
3M
2021
7M
2022
5M
2023
5M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
1M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 773
3 126
6 831
4 652
4 853
Staff expenses
−0
−0
−0
−0
−0
EBITDA
812
805
1 449
963
1 568
Depreciation & amort.
−500
−500
−500
−494
−490
EBIT
313
305
949
469
1 078
Net financials
−123
−85
−102
−179
−144
Profit before tax
190
220
847
291
934
Tax
45
49
187
−96
220
Net profit
145
171
661
387
714
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
5 609
6 579
5 454
5 213
5 850
Equity
1 408
979
1 640
2 027
2 141
Long-term debt
4 020
3 723
3 426
2 961
2 662
Short-term debt
181
1 877
388
226
1 046
Total debt
4 201
5 600
3 814
3 187
3 709
Financial ratios
5-year trend
EBITDA margin
32.3%
This company
15.8%
Market median
+104% vs market
2020
2024
Equity ratio
36.6%
This company
38.2%
Market median
+4% vs market
2020
2024
Return on equity
33.4%
This company
18.4%
Market median
+82% vs market
2020
2024
Net profit margin
14.7%
This company
8.1%
Market median
+81% vs market
2020
2024
Asset turnover
0.83×
This company
1.12×
Market median
+26% vs market
2020
2024
Debt / equity
1.73×
This company
0.62×
Market median
-179% 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)
TP
Tor Petter Stensland
Chief Executive Officer
Chief Executive Officer
2013
Former (1)
JT
Jon Tyssedalstveit
Deputy Member
Deputy Member
2011 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
AJ
Arnt Jarle Herstad
Chairman
2011
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Vebenstad Elektro As
Company
50%
50%
2024
Nils Oddvar Kvalvik
Individual
25%
25%
2024
Hilde Asting Solberg
Individual
25%
25%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of HARDANGER EIENDOMSUTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jon Tyssedalstveit
Deputy Member
0 companies
Tor Petter Stensland
Chief Executive Officer
0 companies
Arnt Jarle Herstad
Chairman
0 companies