Corponor AS
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Corponor AS - overview
Established
1994
Location
-, -, Norway
Primary Industry
Construction
About
Corponor AS is a Norwegian company engaged in real estate development and project management, focusing on residential and commercial properties in Bodø, enhancing the region's living environment. Established in 1994, Corponor AS specializes in real estate development and project management, concentrating on residential and commercial property projects. The company is headquartered in Bodø, Norway. Founded by individuals with a background in real estate, Corponor has actively participated in the development of urban landscapes in the region.
The company has completed one investment deal to date, with Adolfsen Group investing in Corponor AS, though financial terms were not disclosed. Corponor specializes in real estate development and project management, primarily focusing on residential and commercial property projects in Bodø, Norway. Since its founding in 1994, the company has cultivated a diverse portfolio that encompasses various housing projects and commercial properties. Their service offerings include direct property sales, allowing clients to purchase homes without intermediaries.
Corponor engages directly with end users, providing residential properties for individuals and families, as well as commercial spaces for businesses. Their operations are primarily situated in Norway, where they have significantly contributed to the cityscape of Bodø through their diverse projects. In 2023, Corponor achieved a revenue of USD 600,239. 70 with an EBITDA of USD -240,445.
40. The company generates its revenue mainly through sales of residential and commercial properties directly to consumers and businesses, utilizing a direct sales arrangement that simplifies the purchasing process and enhances customer satisfaction through personalized service. Corponor AS is focused on developing new residential projects and expanding its geographical presence beyond Bodø. The firm is actively working on launching new developments aimed at addressing the increasing housing demand in urban areas.
Recent funding from Adolfsen Group will support these initiatives, although specific financial terms were not disclosed. The company aims to enhance its project portfolio and reach new markets in Norway in the coming years.
Current Investors
Adolfsen Group
Primary Industry
Construction
Sub Industries
Construction
Website
www.corponor.no
Verticals
Infrastructure
Total Amount Raised
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Corponor AS - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 8,488,907 | 10,545,103 | 11,906,731 | 14,786,785 | 10,830,792 | 7,895,798 | 11,730,528 | 5,777,748 | 12,219,254 | - | - | - |
| % Revenue Growth (YoY) | - | 24.2% | 12.9% | 24.2% | (26.8%) | (27.1%) | 48.6% | (50.7%) | 111.5% | - | - | - |
| EBITDA (USD) | 1,978,042 | 201,994 | 1,734,586 | 6,004,624 | 1,386,086 | (1,527,193) | 1,118,472 | (4,061,834) | 4,065,945 | - | - | - |
| Operating Income (USD) | 1,862,642 | (9,185) | 1,600,027 | 5,706,073 | 1,276,488 | (1,612,063) | 1,053,139 | (4,061,834) | 4,065,945 | - | - | - |
| Operating Margin | 21.9% | (0.1%) | 13.4% | 38.6% | 11.8% | (20.4%) | 9.0% | (70.3%) | 33.3% | - | - | - |
| % EBITDA Margin | 23.3% | 1.9% | 14.6% | 40.6% | 12.8% | (19.3%) | 9.5% | (70.3%) | 33.3% | - | - | - |
| NET Income (USD) | 1,528,428 | 77,611 | 1,157,020 | 8,093,620 | 4,237,158 | 25,324,166 | 3,490,575 | 11,175,012 | 27,242,086 | - | - | - |
| % Net Margin | 18.0% | 0.7% | 9.7% | 54.7% | 39.1% | 320.7% | 29.8% | 193.4% | 222.9% | - | - | - |
Corponor AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Corponor AS | - |
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