Ester Stiftelsen

STIDissolved

Org 979921039Løvsangerveien 15, 4626 Kristiansand SActivities of other membership organisations n.e.c.· NACE 9499Est. 1998 · 28 years old0 employeeshttps://www.ester.no

Overview

Ester Stiftelsen is a Norwegian STI based in Kristiansand S, operating in the Activities of other membership organisations n.e.c. sector. Incorporated in 1998, the company has 0 employees and reported revenue of NOK 555.8k in its latest annual filing.

Revenue 2025

555.8K NOK

−36% vs 2024

EBITDA margin

5.0 %

+1666% vs 2024

Net profit 2025

26.3K NOK

+1674% vs 2024

Key ratios

See full ratios →

47.8 %

Average

Around the average of companies in the same industry

20212025

1.9×

Average

Around the average of companies in the same industry

20212025

15.8 %

Strong

Among the 30% highest rated companies in the industry

20212025

EBITDA — year on year

NOK thousands

Key figures

Annual report 2025

Revenue	555.8K NOK	-36%
EBITDA	28K NOK	+1666%
Net profit	26.3K NOK	+1674%
Total assets	166.5K NOK	-10%
Equity	79.7K NOK	+49%
Employees	0	—

Contact

Address

Løvsangerveien 15, 4626 Kristiansand S

Website

https://www.ester.no

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Financial development

In its most recent annual report (2025), Ester Stiftelsen reported revenue of NOK 555.8k, a decrease of 36% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of NOK 26.3k, and the EBITDA margin stood at 5%.

At the end of 2025, equity financed 47.8% of the balance sheet, and current assets covered short-term debt 1.9 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2025	2024	2023	2022	2021
Revenue	556	867	879	788	809
Staff expenses	-251	-590	-524	-447	-500
EBITDA	28	-2	-1	-58	-6
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	28	-2	-1	-58	-6
Net financials	-2	0	0	-0	-0
Profit before tax	26	-2	-1	-59	-6
Tax	-0	-0	-0	-0	-0
Net profit	26	-2	-1	-59	-6

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Balance sheet

NOK thousands

Item	2025	2024	2023	2022	2021
Total assets	167	185	181	156	211
Equity	80	53	55	56	114
Long-term debt	0	0	0	0	0
Short-term debt	87	131	126	100	96
Total debt	87	131	126	100	96

Financial ratios

5-year trend

EBITDA margin

5.0 %

20212025

Equity ratio

47.8 %

Average

Around the average of companies in the same industry

20212025

Return on equity

33.0 %

Strong

Among the 30% highest rated companies in the industry

20212025

Net profit margin

4.7 %

Average

Around the average of companies in the same industry

20212025

Asset turnover

3.34×

Strong

Among the 30% highest rated companies in the industry

20212025

Debt / equity

1.09×

Average

Around the average of companies in the same industry

20212025

Sector performance

26 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginStrong

Among the 40% highest 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 marginAverage

Around the average of companies in the same 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 marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Strong

Among the 30% highest 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)Strong

Among the 30% highest 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)Strong

Among the 30% highest 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 30% 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 ratioStrong

Among the 40% 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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 ratioStrong

Among the 40% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 30% 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.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% 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 debtStrong

Among the 40% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 40% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 30% highest 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 turnoverStrong

Among the 30% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 20% highest 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 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View PDF
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

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
EB Else Berge Løland Chief Executive Officer	Chief Executive Officer	1998

Former (1)


HS Hanne Sabrina Berge Deputy Member	Deputy Member	2016 – 2026

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
CA Camilla Anitra Bruff Gavin Board of Directors	Board of Directors	2016
EB Else Berge Løland Chairman	Chairman	2026

Former (3)


BL Benjamin Løland Chairman	Chairman	2023 – 2026
KE Kjell Egil Løland Chairman	Chairman	2016 – 2023
AL Alice Løland Collins Board of Directors	Board of Directors	2016 – 2024

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Ester Stiftelsen also hold positions in 13 other companies.

Person	Role here	Other companies
Else Berge Løland	Chief Executive Officer	4 companies
Benjamin Løland	Chairman	4 companies
Kjell Egil Løland	Chairman	2 companies
Alice Løland Collins	Board of Directors	2 companies
Hanne Sabrina Berge	Deputy Member	1 company

Frequently asked questions

What is the Org number of Ester Stiftelsen?

Ester Stiftelsen is registered with Brønnøysundsregistrene under Org 979921039.

What is the revenue of Ester Stiftelsen?

Ester Stiftelsen reported revenue of NOK 555.8k in 2025.

Who is the CEO of Ester Stiftelsen?

Else Berge Løland is the CEO of Ester Stiftelsen.

Who is the chairman of Ester Stiftelsen?

Else Berge Løland chairs the board of Ester Stiftelsen, in role since 2026.

Where is Ester Stiftelsen headquartered?

Ester Stiftelsen's registered address is Løvsangerveien 15.