MODALEN EIENDOM AS

892144222Aksjeselskap

Municipality

LILLESAND

Founded

02.01.2008

Roles

Company details

Business address: Hæstadveien 5, 4770 HØVÅG
Municipality: Lillesand
Industry: 68.120 Utvikling og salg av byggeprosjekter
Sector: Private aksjeselskaper mv.
Share capital: 1 000 000 kr(100 shares)
Registered: 19.01.2008
Purpose: Eiendomsutvikling, herunder kjøp og salg av fast eiendom, samt hva hermed står i forbindelse, herunder å delta i andre selskaper med samme formål.

Board and management

Styre og ledelse

Richard Vasstrøm Modalen

Daglig lederStyremedlem

Bjørn Erik Modalen

Styrets leder

Eldbjørg Modalen

Varamedlem

Revisor

REVISJONSFIRMA ELIASSEN AS

Is revisor for 600 companies

Revisor

Regnskapsfører

VALUE GROUP AS

Is regnskapsfører for 3 981 companies

Regnskapsfører

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Financials2024

Operating result

-150k

Net result

-789k

Assets

30.9 mill

Equity

-2.0 mill

Debt

32.9 mill

Financial health check

Equity ratio

Weak

Current ratio

Very good

Profitability

Weak

Income statement and balance sheet

	2024
Income statement
Revenue	—
Operating costs	150k
= Operating result	-150k
Net finance	-639k
= Net result	-789k
Balance sheet
Fixed assets	8.7 mill
Current assets	22.2 mill
= Total assets	30.9 mill
Equity	-2.0 mill
Long-term debt	31.6 mill
Short-term debt	1.3 mill
= Total debt	32.9 mill

Source: Brønnøysund Register Centre

Key Ratios

	2024	Industry (median)
Operating margin	—	7.1%
Net margin	—	—
Return on assets	-2.6%	0.2%
Return on equity	38.7%	—
Equity ratio	-6.6%	20.6%
Current ratio	16.99	2.08
Debt-to-equity	-16.13	2.03