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Midgard Infra AS
AS
Active
Org 824201862
Jåttåvågveien 7, 4020
Stavanger
Wired, wireless, and satellite telecommunication activities
·
NACE 6110
Est. 2019 · 6 years old
10 employees
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Share
Norway
/
Companies
/
Wired, wireless, and satellite telecommunication activities
/
Midgard Infra AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
168M
126M
84M
42M
0M
2020: 0M
0M
2020
2021: 3M
3M
2021
2022: 45M (+1400% vs 2021)
45M
+1400%
2022
2023: 82M (+82% vs 2022)
82M
+82%
2023
2024: 135M (+65% vs 2023)
135M
+65%
2024
EBITDA
NOK millions
85M
57M
29M
1M
-27M
2020: -5M
-5M
2020
2021: -5M (0% vs 2020)
-5M
0%
2021
2022: 8M (+260% vs 2021)
8M
+260%
2022
2023: 31M (+288% vs 2022)
31M
+288%
2023
2024: 63M (+103% vs 2023)
63M
+103%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
135 327
81 675
44 653
2 801
0
Staff expenses
−11 651
−11 560
−7 756
−0
−0
EBITDA
63 322
30 918
7 537
−5 408
−5 426
Depreciation & amort.
−111 027
−52 941
−25 431
−5 630
−0
EBIT
−47 705
−22 023
−17 894
−11 038
−5 426
Net financials
−98 257
−48 417
15 669
−26
515
Profit before tax
−145 962
−70 440
−2 225
−11 064
−4 911
Tax
−32 061
−21 361
−3 735
−2 421
−1 081
Net profit
−113 900
−49 079
1 510
−8 643
−3 830
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
2 443 906
1 786 156
1 283 918
670 762
393 791
Equity
226 891
231 787
202 065
184 581
179 944
Long-term debt
1 847 670
1 187 606
872 638
396 716
168 923
Short-term debt
369 183
366 687
160 912
88 933
44 924
Total debt
2 216 853
1 554 293
1 033 550
485 650
213 847
Financial ratios
5-year trend
EBITDA margin
46,8 %
This company
15,8 %
Market median
This company
Market median
196% above market
2020
2024
Equity ratio
9,3 %
This company
38,2 %
Market median
This company
Market median
76% below market
2020
2024
Return on equity
−50,2 %
This company
18,4 %
Market median
This company
Market median
373% below market
2020
2024
Net profit margin
−84,2 %
This company
8,1 %
Market median
This company
Market median
>999% below market
2020
2024
Asset turnover
0,06×
This company
1,12×
Market median
This company
Market median
95% below market
2020
2024
Debt / equity
9,77×
This company
0,62×
Market median
This company
Market median
>999% above 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
More on Midgard Infra AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
