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FRANK MYKLESTAD AS
AS
Active
Org 813508842
Søndre Blekeveien 8, 5018 Bergen
Rental and operating of own or leased real estate · NACE 6820
Est. 2014
1 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2M
+7% vs 2023
EBITDA margin
27.6%
-57% vs 2023
Equity ratio
79.0%
Financial strength
Net profit 2024
NOK 6,8M
+1212% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
1M
0%
2022
1M
0%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 2M
+7%
EBITDA
NOK 564K
-57%
Net profit
NOK 6,8M
+1212%
Total assets
NOK 9M
-20%
Equity
NOK 7,1M
+2168%
Employees
1
—
Company information
Legal name
FRANK MYKLESTAD AS
Org number
813508842
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
15. april 2014
Share capital
NOK 30 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Eie og drive fast eiendom, tjenesteytende virksomhet, samt tilknyttet virksomhet.
Contact
Address
Søndre Blekeveien 8, 5018 Bergen
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Explore
Companies in Rental and operating of own or leased real estate
Companies in Bergen
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
1M
2022
2M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 053
1 179
1 475
1 908
2 043
Staff expenses
−92
−119
−220
−338
−987
EBITDA
775
796
1 005
1 316
564
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
775
796
1 005
1 316
564
Net financials
−431
−387
−472
−650
6 268
Profit before tax
344
409
534
666
6 832
Tax
36
129
117
147
19
Net profit
307
280
416
519
6 813
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
11 170
11 065
11 085
11 243
9 026
Equity
−901
−621
−205
314
7 127
Long-term debt
11 972
11 508
11 076
10 639
1 575
Short-term debt
99
179
215
290
325
Total debt
12 071
11 686
11 290
10 929
1 899
Financial ratios
5-year trend
EBITDA margin
27.6%
This company
15.8%
Market median
+75% vs market
2020
2024
Equity ratio
79.0%
This company
38.2%
Market median
+107% vs market
2020
2024
Return on equity
95.6%
This company
18.4%
Market median
+420% vs market
2020
2024
Net profit margin
333.4%
This company
8.1%
Market median
+4016% vs market
2020
2024
Asset turnover
0.23×
This company
1.12×
Market median
-79% vs market
2020
2024
Debt / equity
0.27×
This company
0.62×
Market median
+56% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
FM
Frank Myklestad
Chairman
2014
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
FRANK MYKLESTAD AS
(this company)
STRANDGATEN 86 AS
Board network connections
Board members of FRANK MYKLESTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frank Myklestad
Chairman
0 companies