GJH Eigedom AS
ASDissolvedOrg 989407317Halbrendsøyra 6, 6800 FørdeVedlikehold og reparasjon av motorvogner, unntatt motorsykler· NACE 45200Est. 2006 · 20 years old0 employees
Loading company…
Overview
GJH Eigedom AS is a Norwegian AS based in Førde, operating in the Vedlikehold og reparasjon av motorvogner, unntatt motorsykler sector. Incorporated in 2006, the company has 0 employees and reported revenue of NOK 977.8k in its latest annual filing.
Revenue 2019
1M NOK
+8% vs 2018
EBITDA margin
77.4 %
+10% vs 2018
Net profit 2019
-0.3M NOK
-165% vs 2018
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-27.5 %
Very weakAmong the 20% lowest rated companies in the industry
20152019
Liquidity ratioCurrent assets ÷ Short-term debt
7.0×
Very strongAmong the 20% highest rated companies in the industry
20152019
Return on assets (ROA)Net profit ÷ Total assets × 100
-2.4 %
WeakAmong the 40% lowest rated companies in the industry
20152019
EBITDA — year on year
NOK thousandsKey figures
Annual report 2019| Revenue | 1M NOK | +8% |
| EBITDA | 0.8M NOK | +10% |
| Net profit | -0.3M NOK | -165% |
| Total assets | 12.5M NOK | +2% |
| Equity | -3.4M NOK | -10% |
| Employees | 0 | — |
Company information
Legal name
GJH EIGEDOM AS
Org number
989407317
Legal form
Aksjeselskap
NACE code
Founded
30 January 2006 · 20 years
Share capital
NOK 1,000,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Utleie av fast eiendom, samt virksomhet som er relatert til dette, herunder deltakelse i andre selskap.
(no translation available)
Address
Halbrendsøyra 6, 6800 Førde
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2019), GJH Eigedom AS reported revenue of NOK 977.8k, an increase of 8% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net loss of NOK 303.6k, and the EBITDA margin stood at 77.4%.
At the end of 2019, current assets covered short-term debt 7 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Revenue | 978 | 904 | 699 | 693 | 678 |
| Staff expenses | -0 | -0 | -0 | -0 | -0 |
| EBITDA | 757 | 691 | 479 | 483 | 547 |
| Depreciation & amort. | -295 | -249 | -175 | -175 | -169 |
| EBIT | 461 | 442 | 304 | 307 | 378 |
| Net financials | -765 | -556 | -188 | 850 | -2,305 |
| Profit before tax | -304 | -114 | 116 | 1,157 | -1,928 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | -304 | -114 | 116 | 1,157 | -1,928 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Total assets | 12,526 | 12,325 | 9,630 | 9,501 | 9,172 |
| Equity | -3,440 | -3,136 | -3,022 | -3,138 | -4,295 |
| Long-term debt | 15,845 | 15,376 | 12,564 | 12,571 | 13,387 |
| Short-term debt | 121 | 85 | 88 | 68 | 79 |
| Total debt | 15,966 | 15,461 | 12,652 | 12,639 | 13,467 |
Financial ratios
5-year trendEBITDA margin
77.4 %
20152019
Equity ratio
-27.5 %
Very weakAmong the 20% lowest rated companies in the industry
20152019
Return on equity
—
20152019
Net profit margin
-31.1 %
Very weakAmong the 10% lowest rated companies in the industry
20152019
Asset turnover
0.08×
WeakAmong the 30% lowest rated companies in the industry
20152019
Debt / equity
—
20152019
Sector performance
21 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 20% 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 marginVery strong
Among the 10% 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 marginVery weak
Among the 10% 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 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.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 10% 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.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioVery strong
Among the 20% 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 ratioVery strong
Among the 20% 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 ratioVery strong
Among the 10% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Fixed assets to long-term capitalWeak
Among the 30% 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.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
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.
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 30% 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.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Efficiency & development
Asset turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery weak
Among the 20% 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 debtAverage
Around the average of companies in the same 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.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
Annual reports & filings
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
AI Deputy Member | Deputy Member | 2006 |
SK Chief Executive Officer | Chief Executive Officer | 2006 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
SK Chairman | Chairman | 2006 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Gjh As
GJH Eigedom AS Board network connections
Board members of GJH Eigedom AS also hold positions in 26 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Asbjørn Inge Steen | Deputy Member | 14 companiesMany roles |
| Stein Kjetil Holvik | Chief Executive Officer | 12 companiesMany roles |
Frequently asked questions
What is the Org number of GJH Eigedom AS?
GJH Eigedom AS is registered with Brønnøysundsregistrene under Org 989407317.
What is the revenue of GJH Eigedom AS?
GJH Eigedom AS reported revenue of NOK 977.8k in 2019.
Who is the CEO of GJH Eigedom AS?
Stein Kjetil Holvik is the CEO of GJH Eigedom AS.
Who is the chairman of GJH Eigedom AS?
Stein Kjetil Holvik chairs the board of GJH Eigedom AS.
Where is GJH Eigedom AS headquartered?
GJH Eigedom AS's registered address is Halbrendsøyra 6.