Liquidity
Weak0.99
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
RG DEVELOPMENT AS
Org. no. 917 869 685 · Private limited company (AS) · Active · v/NHG Management AS, Rådhusgata 23, 0158, OSLO · OSLO · 41.000 – Construction of buildings
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- 25
- Established
- 1 September 2016
- Municipality
- OSLO
- Industry code
- 41.000
RG DEVELOPMENT AS is a private limited company (as) registered in OSLO since 2016. The organisation number is 917 869 685. The register lists 25 employees. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 03:26
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Watch0.6 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Weak1.5 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 51.3 m NOK
- +17.6 % vs. the year before
- Net result
- 193 k NOK
- Fiscal year 2025
- Equity
- 287 k NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- 25
- Registered in the Central Coordinating Register
- Founded
- 1 September 2016
- Place
- OSLO
- Industry
- Construction of buildings
- 41.000
- Public contracts
- –
- Roles
- 6
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
60
av 100
Moderate risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 917 869 685
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 12 October 2016
- Date of incorporation
- 1 September 2016
- Number of employees
- 25
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- Not stated
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
v/NHG Management AS, Rådhusgata 230158 OSLOOSLO municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 41.000
Construction of buildings(main industry)
F Construction › 41 Construction of buildings › 41.0 Construction of buildings › 41.00 Construction of buildings
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Bygging av fullstendige bolig- eller næringsbygg, samt tilbygging, påbygging og ombygging. Det er mulig å sette bort deler av eller hele byggeprosessen til underentreprenør. Hvis bare spesialiserte deler av byggeprosessen blir utført, klassifiseres aktiviteten i næring 43. Oppføring av alle typer bygninger; boligbygg, bygninger for industriproduksjon, f.eks. fabrikker og verksteder, sykehus, skoler og kontorbygninger, hoteller, butikker, kjøpesentre og restauranter, bygninger på flyplasser, innendørs idrettsanlegg, parkeringshus, herunder underjordiske parkeringshus, lagerbygninger, religiøse bygninger. Oppføring av prefabrikkerte bygninger som krever montering på stedet. Omfatter også: Fullstendig ombygging eller renovering av eksisterende bolig- eller næringsbygg som krever flere spesialiserte byggeaktiviteter. Bygging av bygg som holdes oppe av lufttrykk, f.eks. luftkupler (air domes). Ekskluderer: Bygging av industrianlegg, bortsett fra bygninger, grupperes under 42.99 Bygging av andre anlegg ikke nevnt annet sted. Utvikling av byggeprosjekter grupperes under 68.12 Utvikling og salg av byggeprosjekter. Arkitekt- og ingeniøraktiviteter grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet. Prosjektledelse for byggevirksomhet grupperes under 71.1 Arkitektvirksomhet og teknisk konsulentvirksomhet.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Vedlikehold og eiendomsforvaltning, prosjektutvikling og konsulentvirksomhet, samt hva hermed står i forbindelse, herunder å delta i andre selskaper med liknende virksomhet.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
Loading reviews …
Write a review
You must sign in with a verified email to write a review.
Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Weak0.99
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Watch0.6 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Weak1.5 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 51,293,008 | 43,618,865 | 37,848,723 | |
| Operating profit | 329,392 | 1,971,068 | 3,584,186 | |
| Profit before tax | 267,849 | 1,931,442 | 3,533,122 | |
| Net result | 192,852 | 1,491,750 | 2,735,864 | |
| Total assets | 19,592,730 | 16,674,135 | 8,501,340 | |
| Equity | 286,852 | 359,898 | 427,057 | |
| Liabilities | 19,305,879 | 16,314,237 | 8,074,283 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 51,293,008 NOK
- Net result 2025
- 192,852 NOK
- Revenue growth
- 17.6 %
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 51,293,008 NOK |
|---|---|
| Total operating expenses | 50,963,616 NOK |
| Operating profit | 329,392 NOK |
| Total financial income | 61,244 NOK |
| Total financial expenses | 122,787 NOK |
| Net financial items | -61,543 NOK |
| Profit before tax | 267,849 NOK |
| Net result | 192,852 NOK |
Assets
| Total fixed assets | 399,611 NOK |
|---|---|
| Total current assets | 19,193,120 NOK |
| Total assets | 19,592,730 NOK |
Equity and liabilities
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 256,852 NOK |
| Total equity | 286,852 NOK |
| Current liabilities | 19,305,879 NOK |
| Total debt | 19,305,879 NOK |
| Total equity and liabilities | 19,592,730 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 43,618,865 NOK |
|---|---|
| Total operating expenses | 41,647,797 NOK |
| Operating profit | 1,971,068 NOK |
| Total financial income | 2,063 NOK |
| Total financial expenses | 41,689 NOK |
| Net financial items | -39,626 NOK |
| Profit before tax | 1,931,442 NOK |
| Net result | 1,491,750 NOK |
Assets
| Total fixed assets | 592,815 NOK |
|---|---|
| Total current assets | 16,081,320 NOK |
| Total assets | 16,674,135 NOK |
Equity and liabilities
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 329,898 NOK |
| Total equity | 359,898 NOK |
| Current liabilities | 16,308,285 NOK |
| Long-term liabilities | 5,952 NOK |
| Total debt | 16,314,237 NOK |
| Total equity and liabilities | 16,674,135 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts.
Income statement
| Total operating revenue | 37,848,723 NOK |
|---|---|
| Total operating expenses | 34,264,537 NOK |
| Operating profit | 3,584,186 NOK |
| Total financial income | 4,190 NOK |
| Total financial expenses | 55,254 NOK |
| Net financial items | -51,064 NOK |
| Profit before tax | 3,533,122 NOK |
| Net result | 2,735,864 NOK |
Assets
| Total fixed assets | 215,562 NOK |
|---|---|
| Total current assets | 8,285,778 NOK |
| Total assets | 8,501,340 NOK |
Equity and liabilities
| Paid-in equity | 30,000 NOK |
|---|---|
| Retained earnings | 397,057 NOK |
| Total equity | 427,057 NOK |
| Current liabilities | 8,034,631 NOK |
| Long-term liabilities | 39,653 NOK |
| Total debt | 8,074,283 NOK |
| Total equity and liabilities | 8,501,340 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | 17.6 % | 15.2 % | – |
| Operating marginOperating profit divided by total operating revenue. | 0.6 % | 4.5 % | 9.5 % |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 0.5 % | 4.4 % | 9.3 % |
| Equity ratioTotal equity divided by total assets. | 1.5 % | 2.2 % | 5 % |
| Current ratioTotal current assets divided by total current liabilities. | 0.99 | 0.99 | 1.03 |
| Debt ratioTotal liabilities divided by total equity. | 67.3 | 45.33 | 18.91 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 2 % | 11.8 % | 42.2 % |
| Return on equityNet profit divided by total equity. | 67.2 % | 414.5 % | 640.6 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerGisle Øygard
Board
- Chair of the boardMorten André Kahrs
- Board memberDiana Balinova
- Deputy board memberRoger Adolfsen
Auditor
- AuditorERNST & YOUNG AS
Accountant
- AccountantAZETS INSIGHT AS
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 1
Overview
Structure map
RG DEVELOPMENT AS
RG DEVELOPMENT AS
OSLO · 25 employees
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| RG DEVELOPMENT ASConstruction of buildings | 817 939 902 | OSLO | 25 |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 03:26
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 03:26
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 03:26
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 03:26
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 03:26
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources