HTM 8 AS
ASDissolvedOrg 924527153Julsundet 355, 6409 MoldeUtleie av egen eller leid fast eiendom ellers· NACE 68209Est. 2020 · 6 years old0 employees
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Overview
HTM 8 AS is a Norwegian AS based in Molde, operating in the Utleie av egen eller leid fast eiendom ellers sector. Incorporated in 2020, the company has 0 employees and reported revenue of NOK 395.1k in its latest annual filing.
Revenue 2023
0.4M NOK
+35% vs 2022
EBITDA margin
66.8 %
+20% vs 2022
Net profit 2023
-0M NOK
-266% vs 2022
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
1.1 %
Very weakAmong the 20% lowest rated companies in the industry
20202023
Liquidity ratioCurrent assets ÷ Short-term debt
0.3×
WeakAmong the 30% lowest rated companies in the industry
20202023
Return on assets (ROA)Net profit ÷ Total assets × 100
-0.5 %
WeakAmong the 40% lowest rated companies in the industry
20202023
EBITDA — year on year
NOK thousandsKey figures
Annual report 2023| Revenue | 0.4M NOK | +35% |
| EBITDA | 0.3M NOK | +20% |
| Net profit | -0M NOK | -266% |
| Total assets | 4.8M NOK | +4% |
| Equity | 0.1M NOK | -33% |
| Employees | 0 | — |
Company information
Legal name
HTM 8 AS
Org number
924527153
Legal form
Aksjeselskap
NACE code
Founded
20 January 2020 · 6 years
Share capital
NOK 90,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Company purpose
Utleie samt kjøp og salg av fast eiendom.
(no translation available)
Address
Julsundet 355, 6409 Molde
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Financial development
In its most recent annual report (2023), HTM 8 AS reported revenue of NOK 395.1k, an increase of 35% on the year before. The figures on this page draw on 4 annual filings covering 2020 to 2023. The bottom line showed a net loss of NOK 24.9k, and the EBITDA margin stood at 66.8%.
At the end of 2023, equity financed 1.1% of the balance sheet, and current assets covered short-term debt 0.3 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 395 | 292 | 304 | 134 |
| Staff expenses | -0 | -0 | -0 | -0 |
| EBITDA | 264 | 219 | 164 | 68 |
| Depreciation & amort. | -25 | -18 | -11 | -16 |
| EBIT | 239 | 201 | 152 | 52 |
| Net financials | -260 | -182 | -163 | -80 |
| Profit before tax | -21 | 19 | -10 | -28 |
| Tax | 4 | 4 | -2 | -6 |
| Net profit | -25 | 15 | -8 | -22 |
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Balance sheet
NOK thousands| Item | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Total assets | 4,805 | 4,614 | 4,670 | 4,616 |
| Equity | 51 | 75 | 60 | 68 |
| Long-term debt | 4,354 | 4,200 | 4,313 | 4,258 |
| Short-term debt | 400 | 339 | 297 | 289 |
| Total debt | 4,754 | 4,539 | 4,610 | 4,547 |
Financial ratios
5-year trendEBITDA margin
66.8 %
20202023
Equity ratio
1.1 %
Very weakAmong the 20% lowest rated companies in the industry
20202023
Return on equity
-49.2 %
Very weakAmong the 10% lowest rated companies in the industry
20202023
Net profit margin
-6.3 %
WeakAmong the 30% lowest rated companies in the industry
20202023
Asset turnover
0.08×
AverageAround the average of companies in the same industry
20202023
Debt / equity
94.10×
Very weakAmong the 10% lowest rated companies in the industry
20202023
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginStrong
Among the 30% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginWeak
Among the 30% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 40% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 10% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 40% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 20% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 30% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery weak
Among the 20% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery weak
Among the 20% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 10% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 10% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 30% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ØS Contact Person | Contact Person | 2020 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
ØS Board of Directors | Board of Directors | 2020 |
PR Board of Directors | Board of Directors | 2020 |
ØS Chairman | Chairman | 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 33.33% | 33.33% | 2020 | |
| Company | 33.33% | 33.33% | 2020 | |
| Company | 33.33% | 33.33% | 2020 |
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Company hierarchy
Eira Invest As
HTM 8 AS Board network connections
Board members of HTM 8 AS also hold positions in 22 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Øyvind Sandersen | Contact Person | 11 companiesMany roles |
| Per Rune Bendixen | Board of Directors | 6 companiesMany roles |
| Øystein Sandberg | Board of Directors | 5 companies |
Frequently asked questions
What is the Org number of HTM 8 AS?
HTM 8 AS is registered with Brønnøysundsregistrene under Org 924527153.
What is the revenue of HTM 8 AS?
HTM 8 AS reported revenue of NOK 395.1k in 2023.
Who is the chairman of HTM 8 AS?
Øyvind Sandersen chairs the board of HTM 8 AS.
Where is HTM 8 AS headquartered?
HTM 8 AS's registered address is Julsundet 355.