Private · Company · Aksjeselskap
Reiseliv Holding AS
↳ Brreg · companies
MoneyNOK
Group revenue
kr 3.32M
Group net
kr 139.9M
Tenders won
0
Rolled up across the parent + 2 subsidiaries — The Norwegian Travel Company AS alone is kr 3.32M.
rollup estimate · filed konsernregnskap not yet in Intelligo
Regnskapsregisteret · rollup across ownership edges (estimate)
Group financialsNOK
One filed year on record — the trend appears when a second year is published.
Regnskapsregisteret · company_revenue
Key figuresBrønnøysund
FY19FY20FY21FY22FY24TREND
Revenue0k0k0k0k——
Operating result-157k-315k-63k-184k-525k
Net result-151k-315k27k-144k148279k
Regnskapsregisteret · company_revenue
From the FY2024 accounts
FILEDAccounts filed for FY2024.
AUDITAudited by CEDRA NORGE AS.
GROUPFiles as a parent with 2 subsidiaries.
BALANCEEquity kr 516.2M.
Regnskapsregisteret + Brreg roles · the filed accounts form. What the board wrote around the figures is in the annual report block.
From the annual report
DIVIDENDkr 150M
STAFF228 full-time equivalents
19 notes from the report
Going concern The board states the annual accounts are prepared on a going-concern basis and confirms the prerequisite for continued operation is present.
continued operation is present.Staff numbers The group had 228 full-time employees in 2024, unchanged from 2023.
The number of full-ime employees in the accounting year has been 228(2023:228).Remuneration The general manager received salary of NOK 2,043,743 and the board received fees of NOK 770,000.
Salaries/board fee 2 043 743 o 770 000Dividend The parent company distributed an extraordinary dividend of NOK 150,000,000 in 2024.
Ekstraordinart utbytte 150 000000Ownership Reiseliv Holding AS is the ultimate parent and owns 100% of the shares in The Norwegian Travel Company AS, which holds all operating entities.
Norwegian Travel and owns 100% of theShare capital Share capital was NOK 12,337,490 and share premium NOK 490,581,498 at year-end 2024 (2023: 11,607,076 and 480,888,632).
Sharepremiumreserve Share capital 13,14 14 490581 498 12 337 490 480 888 632 11 607 076Loan or financing New equity of NOK 246,386,737 was received during 2024 according to the consolidated cash flow statement.
New equity received 14 246 386 737 55 000 000Related party The notes state there are no significant transactions with related parties, though interest of NOK 2,030,843 was paid to group companies and NOK 551,622 to related parties.
There are no significant transactions with related parties.Pledge or guarantee Group debt is secured by pledges over operating equipment, trade receivables, insurance claims and shares; book value of pledged assets was NOK 864,879,821.
The Group's debt is secured by the following:Loan or financing Gondola Midco AS issued a NOK 200 million senior secured FRN bond in July 2024.
In July 2024,Gondola Midco AS issued a NOKm 200 senior secured FRN bond (ISIN:NO0013289397).Loan or financing The group breached the IBD/EBITDA covenant on the Sparebank1 Nord-Norge loan agreement and obtained a waiver from the bank.
*The Groupis in breachof the covenant requirementrelated totheIBD/EBITDAratioon theloanRestructuring During 2024 the group carried out a reorganisation in which Gondola Midco group was established, shares in NTC Infrastructure AS were sold internally and debt financing was replaced.
whereby the shares in NTC InfrastructureRestructuring Three mergers were completed in 2024 to simplify the group structure, without affecting the group as a whole.
These mergers did not affect the Group asPost balance sheet event The board states that no circumstances of significance for the assessment of the accounts have occurred after year-end.
Nocircumstanceshaveoccurred afterthePost balance sheet event Q1-2025 revenue grew 28% versus Q1-2024 with operational result up more than 50%.
The strong performance in 2024 continuedCapitalised R&D The group has not incurred research and development expenses in the periods presented, and development work at Fjellheisen in 2025 will not result in IPR.
The Group's has not incurred research and development expenses forthe periods included in theseDeferred tax Deferred tax assets of NOK 30,429,835 are not recognised because historical results cast doubt on sufficient future taxable profits.
Thereasondeferredtaxbenefits are notreflectedinthebalance sheet isthathistoricalresultscreateOther Liability insurance of NOK 50,000,000 is in place for board members and the general manager.
There is liability insurance issued for theOther The group's pension schemes cover 686 persons (2023: 625) and include an AFP multi-enterprise scheme accounted for as a defined contribution plan.
The company has pension schemes which cover a total of 686 persons (2023: 625) persons. TheRegnskapsregisteret (årsberetning) · company_annual_reports