Queens Pub AS
ASActiveOrg 986997032Kronprinsens Gate 6, 1530 MossBeverage serving activities· NACE 5630Est. 2004 · 22 years old35 employeeshttps://www.queens-pub.no
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Overview
Queens Pub AS is a Norwegian AS based in Moss, operating in the Beverage serving activities sector. Incorporated in 2004, the company has 35 employees and reported revenue of NOK 10.7m in its latest annual filing.
Revenue 2024
10.7M NOK
+13% vs 2023
EBITDA margin
4.0 %
+871% vs 2023
Net profit 2024
0.3M NOK
+315% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
53.5 %
StrongAmong the 30% highest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
1.9×
StrongAmong the 30% highest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
10.1 %
StrongAmong the 40% highest rated companies in the industry
20202024
EBITDA — year on year
NOK thousandsKey figures
Annual report 2024| Revenue | 10.7M NOK | +13% |
| EBITDA | 0.4M NOK | +871% |
| Net profit | 0.3M NOK | +315% |
| Total assets | 3M NOK | +9% |
| Equity | 1.6M NOK | +23% |
| Employees | 35 | — |
Company information
Legal name
QUEENS PUB AS
Org number
986997032
Legal form
Aksjeselskap
NACE code
5630 · Beverage serving activities
Founded
14 June 2004 · 22 years
Share capital
NOK 100,000
Employees
35 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Restaurant og pubvirksomhet, samt annen nærliggende virksomhet, herunder deltagelse i andre selskaper, samt investering i fast eiendom.
(no translation available)
Contact
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Financial development
In its most recent annual report (2024), Queens Pub AS reported revenue of NOK 10.7m, an increase of 13% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of NOK 307.3k, and the EBITDA margin stood at 4%.
At the end of 2024, equity financed 53.5% of the balance sheet, and current assets covered short-term debt 1.9 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 10,668 | 9,467 | 9,125 | 4,953 | 5,506 |
| Staff expenses | -3,624 | -2,991 | -2,453 | -1,241 | -1,840 |
| EBITDA | 427 | -55 | 969 | 743 | -274 |
| Depreciation & amort. | -82 | -96 | -96 | -46 | -30 |
| EBIT | 345 | -151 | 874 | 697 | -304 |
| Net financials | 11 | 8 | -7 | 0 | 3 |
| Profit before tax | 356 | -143 | 867 | 698 | -301 |
| Tax | 49 | -0 | 190 | 172 | -66 |
| Net profit | 307 | -143 | 677 | 526 | -235 |
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Balance sheet
NOK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 3,047 | 2,792 | 3,104 | 1,521 | 872 |
| Equity | 1,631 | 1,323 | 1,566 | 889 | 364 |
| Long-term debt | 171 | 221 | 272 | 0 | 0 |
| Short-term debt | 1,245 | 1,248 | 1,266 | 631 | 509 |
| Total debt | 1,416 | 1,469 | 1,538 | 631 | 509 |
Financial ratios
5-year trendEBITDA margin
4.0 %
20202024
Equity ratio
53.5 %
StrongAmong the 30% highest rated companies in the industry
20202024
Return on equity
18.8 %
AverageAround the average of companies in the same industry
20202024
Net profit margin
2.9 %
AverageAround the average of companies in the same industry
20202024
Asset turnover
3.50×
StrongAmong the 40% highest rated companies in the industry
20202024
Debt / equity
0.87×
StrongAmong the 40% highest rated companies in the industry
20202024
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% 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 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)Average
Around the average of companies in the same 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 40% 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)Average
Around the average of companies in the same 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 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 ratioStrong
Among the 30% highest 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 ratioStrong
Among the 30% highest 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 ratioStrong
Among the 30% 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 equityAverage
Around the average of companies in the same 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 capitalStrong
Among the 30% highest 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 ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% highest 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 ratioStrong
Among the 30% highest 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 equityStrong
Among the 40% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 40% highest 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 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% 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 40% 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 40% 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 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery strong
Among the 20% highest rated companies in the industry
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.
Equity to contributed capitalStrong
Among the 30% highest 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 equityStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtStrong
Among the 40% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- 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) | ||
LO Chief Executive Officer | Chief Executive Officer | 2013 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
LO Chairman | Chairman | 2013 |
Shareholders
Active legal ownersNo shareholder data available.
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Company hierarchy
Queens Pub AS 
Tiki Bar ASBoard network connections
Board members of Queens Pub AS also hold positions in 4 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Olav Bye | Chief Executive Officer | 4 companies |
Frequently asked questions
What is the Org number of Queens Pub AS?
Queens Pub AS is registered with Brønnøysundsregistrene under Org 986997032.
What is the revenue of Queens Pub AS?
Queens Pub AS reported revenue of NOK 10.7m in 2024.
How many employees does Queens Pub AS have?
Queens Pub AS employs 35 people as of the latest annual report.
Who is the CEO of Queens Pub AS?
Lars Olav Bye is the CEO of Queens Pub AS, in role since 2013.
Who is the chairman of Queens Pub AS?
Lars Olav Bye chairs the board of Queens Pub AS, in role since 2013.
Where is Queens Pub AS headquartered?
Queens Pub AS's registered address is Kronprinsens Gate 6.