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MIDTBYEN SYKKEL AS
AS
Active
Org 828182242
Kongens gate 60, 7012 Trondheim
Retail sale of sporting equipment · NACE 4763
Est. 2021
9 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 12,6M
+31% vs 2023
EBITDA margin
7.9%
+297% vs 2023
Equity ratio
52.3%
Financial strength
Net profit 2024
NOK 698K
+477% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 12,6M
+31%
EBITDA
NOK 991K
+297%
Net profit
NOK 698K
+477%
Total assets
NOK 3,1M
-1%
Equity
NOK 1,6M
+60%
Employees
9
—
Company information
Legal name
MIDTBYEN SYKKEL AS
Org number
828182242
Legal form
Aksjeselskap
NACE code
4763 · Retail sale of sporting equipment
Founded
23. november 2021
Share capital
NOK 600 000
Employees
9 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Salg av elsykler og tilbehør, og andre produkter/tjenester som naturlig hører sammen med dette.
Contact
Address
Kongens gate 60, 7012 Trondheim
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Companies in Retail sale of sporting equipment
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Revenue
NOK millions
0M
4M
7M
11M
15M
5M
2022
10M
2023
13M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2022
2023
2024
Revenue
5 216
9 602
12 557
Staff expenses
−305
−1 300
−1 756
EBITDA
404
249
991
Depreciation & amort.
−29
−76
−76
EBIT
375
174
916
Net financials
−4
−14
−3
Profit before tax
371
159
912
Tax
81
38
215
Net profit
290
121
698
Balance sheet
NOK thousands
Item
2022
2023
2024
Total assets
1 758
3 072
3 055
Equity
880
1 001
1 599
Long-term debt
5
0
0
Short-term debt
873
2 071
1 456
Total debt
878
2 071
1 456
Financial ratios
5-year trend
EBITDA margin
7.9%
This company
15.8%
Market median
-50% vs market
2022
2024
Equity ratio
52.3%
This company
38.2%
Market median
+37% vs market
2022
2024
Return on equity
43.6%
This company
18.4%
Market median
+137% vs market
2022
2024
Net profit margin
5.6%
This company
8.1%
Market median
-31% vs market
2022
2024
Asset turnover
4.11×
This company
1.12×
Market median
+267% vs market
2022
2024
Debt / equity
0.91×
This company
0.62×
Market median
+47% vs market
2022
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 2021-10-19 – 2022-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TS
Tom Sæther
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
TT
Terje Thoresen
Board of Directors
2021
Former (1)
MU
Morten Utheim Johnsen
Board of Directors
2021 – 2024
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
No registered parent or subsidiaries
Board network connections
Board members of MIDTBYEN SYKKEL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tom Sæther
Chief Executive Officer
0 companies
Terje Thoresen
Board of Directors
0 companies
Morten Utheim Johnsen
Board of Directors
0 companies