Jølstra AS
ASActiveOrg 997297067Hafstadvegen 21, 6800 FørdeBuying and selling of own real estate· NACE 6811Est. 2011 · 15 years old0 employees
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Overview
Jølstra AS is a Norwegian AS based in Førde, operating in the Buying and selling of own real estate sector. Incorporated in 2011, the company has 0 employees and reported revenue of NOK 43.0k in its latest annual filing.
Revenue 2025
0M NOK
+161% vs 2024
EBITDA margin
−1,377.3 %
−84% vs 2024
Net profit 2025
-0.9M NOK
-157% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
29.9 %
AverageAround the average of companies in the same industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
17.9×
Very strongAmong the 20% highest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-1.8 %
WeakAmong the 30% lowest rated companies in the industry
20212025
EBITDA — year on year
NOK thousandsKey figures
Annual report 2025| Revenue | 0M NOK | +161% |
| EBITDA | -0.6M NOK | -84% |
| Net profit | -0.9M NOK | -157% |
| Total assets | 49.9M NOK | +5% |
| Equity | 14.9M NOK | -6% |
| Employees | 0 | — |
Company information
Legal name
JØLSTRA AS
Org number
997297067
Legal form
Aksjeselskap
NACE code
Founded
30 May 2011 · 15 years
Share capital
NOK 833,300
Employees
0 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Eie og forvalte fast eiendom, herunder kjøp og salg av fast eiendom samt å delta i andre virksomheter med lignende formål. Selskapet kan også forestå investeringer i aksjer, andeler, obligasjoner og andre finansielle eiendeler, rettigheter og instrumenter.
(no translation available)
Address
Hafstadvegen 21, 6800 Førde
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Financial development
In its most recent annual report (2025), Jølstra AS reported revenue of NOK 43.0k, an increase of 161% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of NOK 914.2k, and the EBITDA margin stood at -1,377.3%.
At the end of 2025, equity financed 29.9% of the balance sheet, and current assets covered short-term debt 17.9 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 43 | 17 | 233 | 68,703 | 32 |
| Staff expenses | -20 | -20 | -0 | -0 | -11 |
| EBITDA | -592 | -321 | -866 | 680 | -214 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -592 | -321 | -866 | 680 | -214 |
| Net financials | -462 | -135 | -1 | 3 | -201 |
| Profit before tax | -1,055 | -456 | -867 | 683 | -415 |
| Tax | -140 | -100 | -191 | 150 | -91 |
| Net profit | -914 | -355 | -676 | 533 | -323 |
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Balance sheet
NOK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 49,932 | 47,612 | 45,663 | 102,374 | 66,111 |
| Equity | 14,918 | 15,832 | 16,187 | 16,863 | 16,330 |
| Long-term debt | 32,218 | 25,140 | 25,241 | 73,062 | 35,054 |
| Short-term debt | 2,797 | 6,640 | 4,235 | 12,448 | 14,726 |
| Total debt | 35,015 | 31,780 | 29,476 | 85,511 | 49,780 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20212025
Equity ratio
29.9 %
AverageAround the average of companies in the same industry
20212025
Return on equity
-6.1 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Net profit margin
<−999 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Asset turnover
0.00×
WeakAmong the 40% lowest rated companies in the industry
20212025
Debt / equity
2.35×
WeakAmong the 40% lowest rated companies in the industry
20212025
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 10% 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 marginVery weak
Among the 10% lowest 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 equity (ROE)Weak
Among the 30% 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 30% 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)Weak
Among the 30% 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)Weak
Among the 30% lowest 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 weak
Among the 10% lowest 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 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 weak
Among the 10% 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 ratioVery weak
Among the 10% lowest rated companies in the 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.
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 equityWeak
Among the 40% 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 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 debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same 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 turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery strong
Among the 10% 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 40% 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 equityWeak
Among the 30% 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 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ND Chief Executive Officer | Chief Executive Officer | 2018 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
NA Board of Directors | Board of Directors | 2021 |
AS Chairman | Chairman | 2018 |
ND Board of Directors | Board of Directors | 2018 |
OJ Board of Directors | Board of Directors | 2018 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 39.96% | 39.96% | 2021 | |
| Company | 25.04% | 25.04% | 2021 | |
| Company | 15% | 15% | 2021 | |
| Company | 10% | 10% | 2021 | |
| Company | 10% | 10% | 2021 |
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Company hierarchy
Hydroil As9.9964%Dvergsdal Holding As10.0024%Dvergsdal & Sunde Bygg As39.9616%Øen Holding As25.039%Sinor Seafood As15.0006%
Jølstra AS (this company)Board network connections
Board members of Jølstra AS also hold positions in 68 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ole Jonny Øen | Board of Directors | 28 companiesMany roles |
| Narve Dvergsdal | Chief Executive Officer | 19 companiesMany roles |
| André Sunde | Chairman | 11 companiesMany roles |
| Nils Arne Dvergsdal | Board of Directors | 10 companiesMany roles |
Frequently asked questions
What is the Org number of Jølstra AS?
Jølstra AS is registered with Brønnøysundsregistrene under Org 997297067.
What is the revenue of Jølstra AS?
Jølstra AS reported revenue of NOK 43.0k in 2025.
Who is the CEO of Jølstra AS?
Narve Dvergsdal is the CEO of Jølstra AS, in role since 2018.
Who is the chairman of Jølstra AS?
André Sunde chairs the board of Jølstra AS, in role since 2018.
Where is Jølstra AS headquartered?
Jølstra AS's registered address is Hafstadvegen 21.