Reiseliv Holding AS

821 881 862 ↗Passenger transport by cableways and ski lifts
identity
AS · est 2018TromsøParent · 2 subsidiarieswas THE ARCTIC TRAVEL COMPANY HOLDING AS →2021
Brreg · companies
Employees
CEO · since2022-05-12Kristian Høydal
Chair · since2026-04-28Kristian Høydal
headcount series appears after two register changes
Roles from Brreg, shown for business contact only. No birth date is shown or exported (purpose limitation, GDPR Art. 6(1)(f)).
Brreg · company_people
3 registered roles
Daglig lederKristian Høydal Multiple boards Serial CEO2022-05-12
Styrets lederKristian Høydal Multiple boards Serial CEO2026-04-28
StyremedlemAnne Edholm Multiple boards2026-04-28
money
NOK, amounts in thousands
20242025
Revenue
Operating result−525
Result before tax149 776
Net result148 279
Total assets593 380
Equity516 195
202020212022202320242025
Revenue000
Operating result−315−63−184−525
Result before tax−315−97−184149 776
Net result−31527−144148 279
Total assets169 248189 595451 620593 380
Equity165 583189 574451 448516 195
filed group accounts (konsernregnskap)
20242025
Revenue448 005
Operating result22 450
Result before tax−43 494
Net result−51 093
Total assets1 106 602
Equity278 971
202020212022202320242025
Revenue398 517448 005
Operating result−10 26122 450
Result before tax−85 122−43 494
Net result−85 716−51 093
Total assets930 6501 106 602
Equity235 548278 971
Regnskapsregisteret · company_revenue · FY2024 (company)
owners
20242025
THE NORWEGIAN TRAVEL COMPANY HOLDING AS 5956
THE NORWEGIAN TRAVEL COMPANY AS
ARCTIC SEA CRUISE INVEST AS 22
KÅRE TANNVIK AS 11
PEDAGO AS 3
PRS HOLDING AS 22
TANNVIK AS
ACS AS, AQUILA CORPORATE SERVICES
AMARONE HOLDING AS 11
GULLHAVET AS 0
+ 47 smaller holders
202020212022202320242025
THE NORWEGIAN TRAVEL COMPANY HOLDING AS 60545956
THE NORWEGIAN TRAVEL COMPANY AS 658
ARCTIC SEA CRUISE INVEST AS 452222
KÅRE TANNVIK AS 231111
PEDAGO AS 3
PRS HOLDING AS 122
TANNVIK AS 1110
ACS AS, AQUILA CORPORATE SERVICES 1
AMARONE HOLDING AS 1111
GULLHAVET AS 11000
+ 47 smaller holders
Ownership chain · ultimate → thisTHE NORWEGIAN TRAVEL COMPANY HOLDING AS 56%self
Aksjonærregisteret · company_ownership · 2025 · both directions
stewards
202420252026
auditor CEDRA NORGE AS 2026-06-23
accountant SNE REGNSKAP AS 2026-06-23
accountant SPAREBANK 1 REGNSKAPSHUSET NORD-NORGE AS 2026-06-23
2020202120222023202420252026
auditor CEDRA NORGE AS 2026-06-23
accountant SNE REGNSKAP AS 2026-06-23
accountant SPAREBANK 1 REGNSKAPSHUSET NORD-NORGE AS 2026-06-23
Brreg · company_org_roles
tenders
No recorded tender wins.
Relevant open tenders — matched · NACE 49.340 ↔ CPV
subscribers sharpen matches with per-company keywords
open-tender matching (NACE ↔ CPV) awaits Intelligo's open-tenders view
Doffin/TED · company_tender_wins · 2026-08-19
hiring
No job ads on record in the last 12 months.
NAV Arbeidsplassen · company_job_ad_months
group · owns
The Norwegian Travel Company AS 100%Activities of excursion and event organiserskr 3.32M
100%
Brim Explorer AS 17.3%
1.2%
Aksjonærregisteret · company_ownership · 2025 · both directions
FY2024Dividend kr 150M228 full-time equivalentssigned: Anne Kjølseth Ekerholt, Bernt Eivind Osthus, Espen Stenumgard, Knut Eirik Dybdal, Anne Marit Bjørnflaten, Kristian Høydal
Regnskapsregisteret (årsberetning) · company_annual_reports
19 notes from the report
Going concernThe 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 numbersThe 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).”
RemunerationThe 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 770 000”
DividendThe parent company distributed an extraordinary dividend of NOK 150,000,000 in 2024.“Ekstraordinart utbytte 150 000000”
OwnershipReiseliv 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 the”
Share capitalShare 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 11 607 076”
Loan or financingNew equity of NOK 246,386,737 was received during 2024 according to the consolidated cash flow statement.“New equity received 14 246 386 737 55 000 000”
Related partyThe 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 guaranteeGroup 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 financingGondola 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 financingThe 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 theloan”
RestructuringDuring 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 Infrastructure”
RestructuringThree mergers were completed in 2024 to simplify the group structure, without affecting the group as a whole.“These mergers did not affect the Group as”
Post balance sheet eventThe board states that no circumstances of significance for the assessment of the accounts have occurred after year-end.“Nocircumstanceshaveoccurred afterthe”
Post balance sheet eventQ1-2025 revenue grew 28% versus Q1-2024 with operational result up more than 50%.“The strong performance in 2024 continued”
Capitalised R&DThe 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 these”
Deferred taxDeferred tax assets of NOK 30,429,835 are not recognised because historical results cast doubt on sufficient future taxable profits.“Thereasondeferredtaxbenefits are notreflectedinthebalance sheet isthathistoricalresultscreate”
OtherLiability insurance of NOK 50,000,000 is in place for board members and the general manager.“There is liability insurance issued for the”
OtherThe 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. The”
register
registered 2018-12-13
Brreg · companies
register ledger · 30 events
2024-12-31reportGoing concernThe board states the annual accounts are prepared on a going-concern basis and confirms the prerequisite for continued operation is prese...
2024-12-31reportStaff numbersThe group had 228 full-time employees in 2024, unchanged from 2023. — The number of full-ime employees in the accounting year has been 22...
2024-12-31reportRemunerationThe 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 770 000
2024-12-31reportDividendThe parent company distributed an extraordinary dividend of NOK 150,000,000 in 2024. — Ekstraordinart utbytte 150 000000
2024-12-31reportOwnershipReiseliv Holding AS is the ultimate parent and owns 100% of the shares in The Norwegian Travel Company AS, which holds all operating enti...
2024-12-31reportShare capitalShare 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). — Sharepremiumres...
2024-12-31reportLoan or financingNew equity of NOK 246,386,737 was received during 2024 according to the consolidated cash flow statement. — New equity received 14 246 ...
2024-12-31reportRelated partyThe notes state there are no significant transactions with related parties, though interest of NOK 2,030,843 was paid to group companies ...
2024-12-31reportPledge or guaranteeGroup debt is secured by pledges over operating equipment, trade receivables, insurance claims and shares; book value of pledged assets w...
2024-12-31reportLoan or financingGondola 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 ...
2024-12-31reportLoan or financingThe group breached the IBD/EBITDA covenant on the Sparebank1 Nord-Norge loan agreement and obtained a waiver from the bank. — *The Groupi...
2024-12-31reportRestructuringDuring 2024 the group carried out a reorganisation in which Gondola Midco group was established, shares in NTC Infrastructure AS were sol...
2024-12-31reportRestructuringThree mergers were completed in 2024 to simplify the group structure, without affecting the group as a whole. — These mergers did not aff...
2024-12-31reportPost balance sheet eventThe board states that no circumstances of significance for the assessment of the accounts have occurred after year-end. — Nocircumstances...
2024-12-31reportPost balance sheet eventQ1-2025 revenue grew 28% versus Q1-2024 with operational result up more than 50%. — The strong performance in 2024 continued
2024-12-31reportCapitalised R&DThe group has not incurred research and development expenses in the periods presented, and development work at Fjellheisen in 2025 will n...
2024-12-31reportDeferred taxDeferred tax assets of NOK 30,429,835 are not recognised because historical results cast doubt on sufficient future taxable profits. — Th...
2024-12-31reportOtherLiability insurance of NOK 50,000,000 is in place for board members and the general manager. — There is liability insurance issued for the
2024-12-31reportOtherThe group's pension schemes cover 686 persons (2023: 625) and include an AFP multi-enterprise scheme accounted for as a defined contribut...
2022-12-31reportRestructuringThe group carried out a restructuring during 2022 to gather ownership of the underlying businesses in one holding company. — a restructur...
2022-12-31reportSale processThe shares in The Norwegian Travel Company AS owned by Longship AS were sold to Reiseliv Holding AS as part of the 2022 restructuring. — ...
2022-12-31reportRelated partyThe Norwegian Travel Company AS transferred the shares in NTC Infrastructure AS to Reiseliv Holding AS as part of the internal reorganisa...
2022-12-31reportOwnershipReiseliv Holding AS is the ultimate parent at the end of 2022 and owns 100% of the shares in The Norwegian Travel Company AS. — 100% of t...
2022-12-31reportShare capitalShare capital, registered and unregistered, of NOK 856 313 divided into shares of nominal value NOK 0.25 (group note); parent share capit...
2022-12-31reportGoing concernThe board confirms the accounts are prepared on the going concern assumption as the outlook for all parts of the operations is positive. ...
2022-12-31reportPost balance sheet eventThe board states no events after the end of the financial year of significance to the assessment of the accounts have occurred. — Nocircu...
2022-12-31reportLoan or financingIn January 2023 the group refinanced its group financing to Reiseliv Holding AS with unchanged loan conditions. — In January 2023 the Gro...
2022-12-31reportPledge or guaranteeThe group's bond debt is secured, among other things, by mortgages over the Gondola Properties, with Reiseliv Holding AS among the guaran...
2022-12-31reportPledge or guaranteeNTC Infrastructure AS issued a NOK 400 million 4-year senior secured FRN bond in December 2021 for the acquisition of Fjellheisen AS. — a...
2022-12-31reportStaff numbersThe parent company reports zero man-years (årsverk) in the financial year. — Antall arsverk i regnskapsaret
Skiwo · company_events