Stemmane 6 AS

Org. no. 977500540 · Kristiansand · AS

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

Key facts

Employees – Not registered in the Central Coordinating Register
Operating revenue · 2025 6.0 MNOK Micro
Net profit · 2025 6.1 MNOK
Equity · 2025 34.7 MNOK
Founded 1997 29 years in operation
Sector Eiendom 68.320
Quick check · fiscal year 2025

Is the company run well?

Five key figures against companies in the Morning class Micro in the same sector. Green is better than most, amber about like the industry and red weaker than most.

  • Profitability · operating margin 183.1% Better than the industry Industry: 47.7%
  • Returns · return on assets 10.7% Better than the industry Industry: 7.8%
  • Solidity · equity ratio 33.7% About like the industry Industry: 27.9%
  • Liquidity · current ratio 49.33 Better than the industry Industry: 1.40
  • Growth · revenue growth −0.5% Weaker than the industry Industry: 3.3%

The mark comes from the company's place among comparable companies (percentile): green from 60, amber from 40, red below 40. Negative equity, an operating loss and a current ratio under 1 pull it down regardless. Methodology

Score · fiscal year 2025

68of 100

How to read this: the company is ahead of 88 % of companies in the Morning class Micro in the same sector in 2025. What does this mean?

Rank in the Morning class Micro: 2,986 of 23,899 · What are Morning company classes?
Place in the whole sector: 3,623 of 30,124 · Eiendom

Profile

Lion · Leader

High profitability, high resilience

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 82 and resilience 57 out of 100 among companies in the Morning class Micro in the same sector in 2025. Methodology

Against the sector

Stemmane 6 AS is 18 points above the median for companies in the Morning class Micro in the same sector in 2025.

Median score 50 among 23,893 companies.

Against companies in the Morning class Micro in the same sector in 2025: operating margin 183.1% (median 47.7%) and equity ratio 33.7% (median 27.9%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 9 November 2026Report an issue
Development

How it has gone · 2023–2025

Revenue rose by 6 % from 2023 to 2025, to 6.0 MNOK. The operating margin rose from 8.8% in 2023 to 183.1% in 2025. The equity ratio rose from 29.6% in 2023 to 33.7% in 2025.

Score · 2025 68 +30 points since 2023 (better)
Operating revenue · 2025 6.0 MNOK +6% since 2023 (better)
Net profit · 2025 6.1 MNOK from −2.2 MNOK in 2023 (better)
Operating margin · 2025 183.1% +174.3 pp since 2023 (better)
Equity ratio · 2025 33.7% +4.1 pp since 2023 (better)
Current ratio · 2025 49.33 +13.48 since 2023 (better)

Amounts in the reporting currency. The full year-by-year table is further down under «Details». See every figure year by year

Accounts in short

Key figure202320242025
Operating revenue5.7 MNOK6.1 MNOK6.0 MNOK
Operating profit0.5 MNOK3.9 MNOK11.0 MNOK
Net profit−2.2 MNOK0.5 MNOK6.1 MNOK
Total assets94.8 MNOK92.1 MNOK103.2 MNOK
Equity28.1 MNOK28.6 MNOK34.7 MNOK
Total liabilities66.7 MNOK63.5 MNOK68.5 MNOK

From the Brønnøysund Register Centre, in the company's reporting currency (NOK). See every figure year by year

From the Central Coordinating Register

Org. no.
977500540
Legal form
AS
Sector
Eiendom (68.320)
Purpose
Investere i fast eiendom og delta i selskaper med tilsvarende formål, samt alt som står i forbindelse hermed.
Morning company class
Micro
Employees
0–4 (not registered)
Founded
10 April 1997 29 years in operation
Share capital
0.50 MNOK
Business address
Stemmane 6, 4636 KRISTIANSAND S
Municipality
Kristiansand rank 2–6 of 11 in KOSTRA group 12
Latest accounts filed
2025
VAT registered
Yes
Former names
Marit og Roald Kristiansen Eiendom AS until 2006, Marit og Roald Kristiansen Eiendom AS until 1997
The company's business municipality, Kristiansand. The map shows the municipality, not the address. Map source: Kartverket (CC BY 4.0).

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Summary analysis

Stemmane 6 AS has a score of 68 for 2025, rank 3,623 of 30,124 in the sector.

Strongest: Liquidity: percentile 97 against peers, current ratio 49.33 against a median of 1.40. Profitability: percentile 82 against peers, operating margin 183.1% against a median of 47.7%.

No area is clearly below its peers.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Indications · 2025

Worth a closer look

  • watch

    Receivables equal far more days of revenue than at comparable companies. Do customers pay late, or are these loans to companies in the same group?

    Based on: Receivable days 810 days (median 40 days).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 4.6% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

  • watch Extreme margin: check the figures
Stress test · 2022

Scenario analysis: the sector's weakest year

We have no accounts for 2022, the sector's weakest year, for this company.

The sector's weakest year was 2022, with a median operating margin of 15.0%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability82 weight 40%
Solidity54 weight 20%
Liquidity97 weight 5%
Growth61 weight 25%
Consistency45 weight 10%

Three goals: profitability 40%, growth 25%, resilience 35%. Why these weights?

Durability: 55 (average over 3 years)

Index version 3. Data completeness 100%: the share of the weights that had data.

Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue6 MNOK2 MNOK
Operating margin 183.1% 47.7% 100 %
Profit margin 130.7% 24.4% shown, not part of the index
Return on assets 10.7% 7.8% 64 %
Equity ratio 33.7% 27.9% 56 %
Debt-to-equity 1.97 2.10 51 %
Current ratio 49.33 1.40 97 %
Revenue growth −0.5% 3.3% 26 %

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 68, Stemmane 6 AS does better than 88% of companies in the Morning class Micro in the same sector (23,899 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • Stemmane 6 AS
  • Median: companies in the Morning class Micro in the same sector
Working capital and debt · 2025

Working capital and debt

Working capital and debt · 2025
MeasureCompanyMedianHigher than
Working capital
Receivable days
All current receivables, including those on group companies, in days of revenue.
810 days 40 days 94 %
Inventory and other current assets, days
Current assets other than receivables and bank deposits, that is inventory and short-term investments, in days of revenue.
– 0 days not compared
Net working capital to revenue
Current assets less bank deposits less current liabilities, divided by revenue. Negative: short-term debt funds the operations.
– −12.4% not compared
Cash share of current assets
How much of the short-term buffer is bank deposits and cash.
– 54.9% not compared
Debt and interest burden
Interest coverage (times)
Operating result divided by all financial costs. Below 1: operations do not cover the cost of the debt.
3.5 1.8 66 %
Financial costs as a share of debt
All financial costs (interest, currency losses and other) divided by all debt, interest-free debt included. Not an interest rate.
4.6% 5.0% 45 %
Long-term share of debt
Long-term debt as a share of all debt. A low share means more falls due within a year.
99.6% 87.8% 97 %

Of the financial costs of 3.2 MNOK, 3.2 MNOK is reported as interest costs in the accounts.

The median and the bar refer to companies in the Morning class Micro in the same sector in 2025. The bar shows the share of the group with a lower figure: higher is not always better, long receivable days tie up capital, for example. These figures do not count in the score.

Our calculations Returns and quality · 2025

Returns, debt against earnings and quality

Returns, debt against earnings and quality · 2025
MeasureCompanyMedianHigher than
Returns
Return on equity (ROE)
Net result over the average of equity at the start and end of the year (the end alone when last year is missing). Not calculated with negative equity.
19.4% 12.0% 62 %
Return on capital employed (ROCE)
Operating result over capital employed, that is total assets less current liabilities. The return regardless of how the company is financed.
10.7% 7.8% 62 %
Net margin
Net result over revenue. The first part of the DuPont split of return on equity.
101.9% 19.5% 97 %
Asset turnover (revenue over assets)
Revenue over total assets: how many kroner of revenue each krone of assets gives. The second part of the DuPont split.
0.06 0.16 9 %
Equity multiplier
Total assets over equity: 4 means three quarters is financed with debt. The third part of the DuPont split.
2.97 3.09 49 %
Debt and financing
Net debt in times operating result
Long-term liabilities less cash, over the operating result: roughly how many years the business must earn to repay the debt. A negative figure means more cash than long-term debt. Rough, because the accounts do not split out interest-bearing debt. Only calculated when the operating result is positive.
– 6.9 not compared
Fixed-asset cover
Equity plus long-term liabilities over fixed assets (total assets less current assets). Below 1: fixed assets are partly financed with short-term debt.
1.15 1.01 75 %
Quick ratio (without inventory)
Cash plus receivables over current liabilities. Like the current ratio but without inventory and short-term investments.
– 1.24 not compared
Quality and resilience
Effective tax rate
Tax expense over profit before tax, only when the profit is positive. Far from 22% points to one-off items, tax losses carried forward or group contributions.
22.0% 22.0% 50 %
Operating leverage
Percentage change in operating result over percentage change in revenue from last year. 3 means a 1% fall in revenue gives a 3% fall in operating result. Only calculated when revenue moved at least 2% and last year's operating result was positive.
– 1.4 not compared
Payroll costs over revenue
Payroll costs (with employer's contribution and pension) over revenue. Shows how much of revenue is a fixed cost in a service business.
– 12.5% not compared
Revenue safety margin
How far revenue can fall before the operating result is zero, assuming payroll is fixed and all other costs follow revenue. A calculation, not a measurement: depreciation and rent are also fixed, so reality is lower.
– 81.7% not compared
Cash runway (months)
Cash over the operating loss per month, only for years with a loss. Assumes the loss continues unchanged and no new financing arrives. Capped at 120 months.
– 10 mo. not compared

DuPont on the closing balance: net margin 101.9% × asset turnover 0.06 × multiplier 2.97 = 17.7% of equity at the end of the year. The return on equity above uses average equity and can differ slightly.

The median and the bar are for companies in the Morning class Micro in the same sector in 2025. The bar shows the share of the group with a lower figure: high is not always good. The figures are our own calculations from the annual accounts and do not count in the score. Open data has no depreciation, so no EBITDA, and the accounts do not split out interest-bearing debt. How we calculate

The industry or the company: what drove the result?

In 2025 the operating margin of Stemmane 6 AS rose by 119.4 percentage points. Comparable companies rose by a median 0.7 points. So the company did 118.6 points better than the industry, for reasons of its own.

Over 2 year-to-year changes Stemmane 6 AS moved the same way as comparable companies 2 times. About 1% of the changes in operating margin were common to the industry; the rest was the company's own.

The operating margin of Stemmane 6 AS against comparable companies, year by year
YearThe companyComparable (median) Change, companyChange, industryThe company's own
202463.7%46.9% +54.9 percentage points +0.9 percentage points +54.0 percentage points
2025183.1%47.7% +119.4 percentage points +0.7 percentage points +118.6 percentage points

Comparable companies are those in the same industry and Morning company class. Their change shows what hit the whole industry, the sector drivers below included. The rest is the company's own: contracts, costs, one-off items or operations. The share is approximate, and we claim no cause.

The company and its sector's drivers

Prices, rate and currency that shape the sector's year, year by year beside the operating margin of Stemmane 6 AS. The figures stand side by side; we claim no cause.

House prices (existing homes) (indeks (2015 = 100))

House prices (existing homes) rose 5.5% in 2025; the operating margin of Stemmane 6 AS rose 119.4 percentage points.

House prices (existing homes) per year and the operating margin of Stemmane 6 AS
Measure202120222023202420252026
House prices (existing homes), annual average134.5141.6140.8144.6152.5158.7 (so far)
Change from the year before+10.5%+5.2%−0.5%+2.7%+5.5%+4.1%
The company's operating margin––8.8%63.7%183.1%–

Source: SSB (07221, CC BY 4.0). Source

Policy rate (prosent)

Policy rate fell 0.20 percentage points in 2025; the operating margin of Stemmane 6 AS rose 119.4 percentage points.

Policy rate per year and the operating margin of Stemmane 6 AS
Measure202120222023202420252026
Policy rate, annual average0.081.323.544.504.304.17 (so far)
Change from the year before−0.28 percentage points+1.24 percentage points+2.22 percentage points+0.96 percentage points−0.20 percentage points−0.12 percentage points
The company's operating margin––8.8%63.7%183.1%–

Source: Norges Bank (IR, NLOD 2.0). Source

Construction cost index for dwellings (indeks (2015 = 100))

Construction cost index for dwellings rose 4.3% in 2025; the operating margin of Stemmane 6 AS rose 119.4 percentage points.

Construction cost index for dwellings per year and the operating margin of Stemmane 6 AS
Measure202120222023202420252026
Construction cost index for dwellings, annual average124.2135.1141.1146.4152.7158.7 (so far)
Change from the year before+8.7%+8.8%+4.4%+3.7%+4.3%+3.9%
The company's operating margin––8.8%63.7%183.1%–

Source: SSB (08651, CC BY 4.0). Source

Consumer price index (indeks (2025 = 100))

Consumer price index rose 3.0% in 2025; the operating margin of Stemmane 6 AS rose 119.4 percentage points.

Consumer price index per year and the operating margin of Stemmane 6 AS
Measure202120222023202420252026
Consumer price index, annual average84.389.294.197.0100.0103.0 (so far)
Change from the year before+3.5%+5.8%+5.5%+3.2%+3.0%+3.0%
The company's operating margin––8.8%63.7%183.1%–

Source: SSB (14710, CC BY 4.0). Source

Wage index: real estate (indeks)

Wage index: real estate rose 5.2% in 2025; the operating margin of Stemmane 6 AS rose 119.4 percentage points.

Wage index: real estate per year and the operating margin of Stemmane 6 AS
Measure202120222023202420252026
Wage index: real estate, annual average91.794.396.8103.2108.5111.3 (so far)
Change from the year before+5.2%+2.9%+2.6%+6.5%+5.2%+2.6%
The company's operating margin––8.8%63.7%183.1%–

Source: SSB (12314, CC BY 4.0). Source

We show the drivers and the margin side by side and claim no cause. Sensitivity per company is not computed until we have at least 10 years of accounts per company: with three years such figures are false precision.

Analysis · 2025

What the numbers say

Stemmane 6 AS had an operating margin of 183.1% and an equity ratio of 33.7% in 2025, and ranks 3,623 of 30,124 in Eiendom.

From 2024 to 2025: the operating margin rose from 63.7% to 183.1%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

Our calculations

Suggested price: about 13 MNOK

The mean of the 3 methods below (P/E, EV/EBIT and P/B with listed multiples and a size adjustment), rounded to two significant figures. It is a calculation, not a bid or a valuation. The median of the methods is 14 MNOK. The mean is the suggested price, but the median is less sensitive to one method that deviates.
That is about 2,600 NOK per share, on 5,000 shares in the shareholder register.

The methods give between 10 MNOK and 17 MNOK.

MethodInputMultipleListed basisEstimate
P/E Net profit (mean 2023–2025): 1.5 MNOK 10.7 16 MNOK 10 MNOK
EV/EBIT Operating profit (mean 2023–2025): 5.1 MNOK
less net debt 68.2 MNOK (rough figure)
25.9 65 MNOK 14 MNOK
P/B Equity: 34.7 MNOK 0.8 28 MNOK 17 MNOK
EV/EBIT: from enterprise value to equityNOK
Enterprise value (EV) at the listed multiple133 MNOK
Enterprise value after the size adjustment82 MNOK
Less net debt (rough figure)68 MNOK
Equity value14 MNOK

Net debt is a rough figure: long-term liabilities minus cash. The accounts do not split interest-bearing debt from other liabilities, and short-term borrowings are not included. The size adjustment applies to the enterprise value, not to the debt. Net debt is 83% of the enterprise value after the size adjustment, so the equity value from EV/EBIT is sensitive to errors in the debt figure.

The listed basis is the value at listed multiples. The estimate is lowered for size: a small-company premium of 4% on the cost of equity gives a value 38% lower. No separate marketability discount is applied, because the premium already allows for the company being small and unlisted.

The multiples are from the listed industry that matches the NACE code (68.3): Real Estate (Operations & Services).

Not financial advice. The value range is a rough model estimate from listed-company multiples, not a valuation, a price target or a price offer. The actual value may differ greatly. Read more

A mechanical estimate from public accounts, not advice. A mechanical estimate from public accounts with listed multiples and fixed adjustments. Not a valuation and not advice to buy or sell. See the calculation

Our calculations

Figures you will not find in any register

We calculated these figures ourselves from the accounts and registers we have read. The company has not reported them and the Brønnøysund Register Centre does not publish them. They are indications and are not part of the index. How we calculate

Implied dividend (net payout)
Equity moved as the result implied in 2025.
Over 2 years it equals 0% of the sum of the results.
Calculated as retained earnings at the start of the year + net result − retained earnings at the end of the year. What remains is dividends and group contributions, plus transfers to other items and corrections of earlier years. It is not a dividend figure. The accounts are under IFRS or in a currency other than kroner, so translation differences and other direct entries to equity are in the figure. Read it as a rough indication.
Owners and leadership aged 60 or older
One sign that a generation change may be coming.
  • The chair is 60 or older.
  • The managing director is under 60.
  • 1 of 1 on the board are 60 or older.
Age is this year minus the birth year in the registers and can be a year off. It says something about age, not about anyone planning to step down.
What the largest owner can do alone
The largest owner holds 100.0% of the shares, more than nine tenths. The owner is a company and can then buy out the other shareholders by compulsion (Norwegian Companies Act § 4-26), provided it also holds the corresponding share of the votes. Every other decision the owner can secure alone. The owner is a Norwegian company.
Applies to the largest single owner in the shareholder register (2025). The articles can limit voting rights and owners can vote together, and we cannot see either. Ownership through other companies is not counted.
Control against ownership through the chain
A private person holds a majority at each of 3 links and so controls the company, but owns at least 100% of it itself.
The top owner is the highest we can establish, and it can itself be owned by others. The figure is «at least» because other routes between the owner and the company only add to it. The articles can limit voting rights, and we cannot see that. Shareholder register (2025).

Not financial advice. The index, rank, signals and advice are rule-based indications from the latest filed annual accounts. They are not a credit rating, an assessment of management or a recommendation to buy, sell or do business with the company. Read more

2025

Questions and answers

How profitable is Stemmane 6 AS?

The operating margin was 183.1% in 2025, against a median of 47.7% among companies in the Morning class Micro in the same sector. Return on assets was 10.7%.

How solid is Stemmane 6 AS?

The equity ratio was 33.7% in 2025 (median 27.9%). Debt-to-equity was 1.97 (median 2.10).

What is the liquidity of Stemmane 6 AS like?

The current ratio was 49.33 in 2025 (median 1.40).

How does Stemmane 6 AS compare in Eiendom?

Stemmane 6 AS ranks 3,623 of 30,124 in Eiendom for 2025. Among companies in the Morning class Micro it is number 2,986 of 23,899. Revenue changed by −0.5% from the year before.

2025

Competitors

The 8 closest competitors in the same line of business, placed in the same matrix as the sector page: profitability up, resilience to the right. These are the companies the competitor analysis and the strategy report compare with.

Thoma Bolig AS: 18 / 21Langgaten 45 AS: 62 / 56TOTAL BOLIG & Nærings Service AS: 9 / 68Vaxa Group AS: 44 / 63Peer Gynt Kjøpesenter AS: 57 / 51Stemmane 6 AS: 82 / 57Økernveien Eiendom AS: 27 / 69ST. Hanshaugen Boligeiendom AS: 78 / 29Nøkkeltakst Drift AS: 82 / 3900252550507575100100Resilience, percentile against peers →↑ Profitability, percentile against peers

CompanyProfileOperating revenueOperating marginScore
Thoma Bolig AS Beaver 6 MNOK 12.6% 26
Langgaten 45 AS Lion 6 MNOK 36.8% 58
TOTAL BOLIG & Nærings Service AS Elephant 6 MNOK −0.9% 31
Vaxa Group AS Elephant 6 MNOK −5.1% 48
Peer Gynt Kjøpesenter AS Lion 6 MNOK 47.3% 49
Stemmane 6 AS (this company) Lion 6 MNOK 183.1% 68
Økernveien Eiendom AS Elephant 6 MNOK 31.8% 40
ST. Hanshaugen Boligeiendom AS Cheetah 6 MNOK 65.6% 51
Nøkkeltakst Drift AS Cheetah 6 MNOK 61.0% 51

The selection is the closest in revenue within the same industry code. When you order, you can swap competitors. Order competitor analysis

Group structure · 2025

29 companies in the group according to the shareholder register for 2025. A company counts as a subsidiary when a Norwegian company owns more than half of its shares.

Private persons own 100% of the shares in Ivar Mjåland Holding AS. Persons are not shown by name.

Ivar Mjåland Holding AS has not filed group accounts in open data, so the group has no index of its own. Each company has its own accounts.

The group in figures

Sectors
Eiendom (29 companies) 29 of 29 companies in the tree have accounts with us. Sectors are sorted by the companies' own revenue, which includes sales between the group's companies.
Negative equity
3 companies: Broveien 2 AS, Fagertunveien 62 AS, Fagertun Utvikling AS
Loss
9 companies: Markensgaten 30 AS, Markensgate 25 AS, Ivar Mjåland Holding AS, Støodden Båthavn AS, Broveien 2 AS, Støodden Utvikling AS …
Changed 2024–2025
3 companies joined the group: Kjøita 42 AS, Fagertun Utvikling AS, Kjøita 40 AS. 2 companies left.

A subsidiary with negative equity or a loss may be backed by the group, for example with group contributions or guarantees. It is an indication of what is worth asking about, not an assessment.

  • Ivar Mjåland Holding AS operating · index 48 · number 16555 of 30124 in Eiendom
    • Ivar Mjåland Eiendom AS 100% owned · operating · index 37 · number 23445 of 30124 in Eiendom
      • Stemmane 6 AS you are here 100% owned · operating · index 68 · number 3623 of 30124 in Eiendom
      • Mjåvand AS 100% owned · operating · index 59 · number 8792 of 30124 in Eiendom
      • Markensgaten 30 AS 100% owned · operating · index 37 · number 23388 of 30124 in Eiendom
      • Kjøita 40 AS 100% owned · operating · index 67 · number 4113 of 30124 in Eiendom
      • Kjøita 42 AS 100% owned · operating · index 67 · number 4125 of 30124 in Eiendom
      • Elvegata 2A AS 100% owned · operating · index 57 · number 10368 of 30124 in Eiendom
      • Mjåland Industribygg AS 100% owned · operating · index 64 · number 5479 of 30124 in Eiendom
      • GS Eiendom Forus AS 100% owned · operating · index 64 · number 5618 of 30124 in Eiendom
      • Buråsen Eiendom AS 100% owned · operating · index 44 · number 19622 of 30124 in Eiendom
      • Bymoen 23 AS 100% owned · operating · index 60 · number 7923 of 30124 in Eiendom
      • Buråsen 3-5 AS 100% owned · operating · index 64 · number 5667 of 30124 in Eiendom
      • Buråsen 7 AS 100% owned · operating · index 59 · number 8933 of 30124 in Eiendom
      • Buråsen 17 AS 100% owned · operating · index 69 · number 3479 of 30124 in Eiendom
      • Støodden Båthavn AS 100% owned · operating · index 32 · number 25550 of 30124 in Eiendom
      • Broveien 2 AS 65% owned · operating · index 9 · number 29855 of 30124 in Eiendom · negative equity
      • and 5 more companies
    • Ivar Mjåland AS 100% owned · operating · index 49 · number 16114 of 30124 in Eiendom
    • Markensgate 25 AS 100% owned · operating · index 39 · number 22606 of 30124 in Eiendom

The tree shows up to 4 levels below the top. Large groups have more companies than shown.

Read the figures with care: a company in a group can look strong because of group contributions, or weak because dividends go up to the parent. The figures are indications, not the full picture.

Source: the Norwegian Tax Administration's shareholder register 2025 (majority owner with more than 50 % of the shares). Voting agreements and ownership through other countries are not included.

Ownership and roles

Loading roles …

Source: Central Coordinating Register, fetched 7 November 2026. Only names are shown.

Shareholders (2025)

Number of shareholders
1 (one owner)
Largest owner
100.0%
Split
companies 100% · private persons 0% · foreign 0%
Owned from the same municipality
100%
Group chain
Owned by: Ivar Mjåland Eiendom AS (100%)
Ultimate owner: private person

Change 2007–2025: no material change in the owners.

Source: the Norwegian Tax Administration's shareholder register as of 2025. Figures may be older than today's ownership. Private persons are not shown by name.

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

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Figures last fetched 9 November 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index385968
Rank19,2388,5003,623
Operating margin8.8%63.7%183.1%
Return on assets0.5%4.2%10.7%
Equity ratio29.6%31.0%33.7%
Current ratio35.8532.9949.33
Revenue growth–6.2%−0.5%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue5.7 MNOK6.1 MNOK6.0 MNOK
Operating profit0.5 MNOK3.9 MNOK11.0 MNOK
Profit before tax−2.9 MNOK0.7 MNOK7.9 MNOK
Tax expense−0.6 MNOK0.2 MNOK1.7 MNOK
Net profit−2.2 MNOK0.5 MNOK6.1 MNOK
Financial expenses3.4 MNOK3.2 MNOK3.2 MNOK
Total assets94.8 MNOK92.1 MNOK103.2 MNOK
Current assets14.9 MNOK8.2 MNOK13.4 MNOK
Equity28.1 MNOK28.6 MNOK34.7 MNOK
Retained earnings23.9 MNOK24.5 MNOK30.6 MNOK
Total liabilities66.7 MNOK63.5 MNOK68.5 MNOK
Current liabilities0.4 MNOK0.2 MNOK0.3 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 9 November 2026, accounts id 6933006.