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MALERMESTER KURT I HERMSTAD AS
AS
Active
Org 831931302
Innherredsveien 88E, 7067 Trondheim
Painting and glazing · NACE 4334
Est. 2023
8 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 9,7M
+6% vs 2023
EBITDA margin
18.6%
+3% vs 2023
Equity ratio
33.0%
Financial strength
Net profit 2024
NOK 2M
+38% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2023
2M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 9,7M
+6%
EBITDA
NOK 1,8M
+3%
Net profit
NOK 2M
+38%
Total assets
NOK 4,3M
-62%
Equity
NOK 1,4M
+228%
Employees
8
—
Company information
Legal name
MALERMESTER KURT I HERMSTAD AS
Org number
831931302
Legal form
Aksjeselskap
NACE code
4334 · Painting and glazing
Founded
24. august 2023
Share capital
NOK 30 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Håndverkertjenester, kjøp og salg, konsulentvirksomhet og alt som naturlig faller innunder dette.
Contact
Address
Innherredsveien 88E, 7067 Trondheim
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Companies in Painting and glazing
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Revenue
NOK millions
0M
3M
6M
9M
12M
9M
2023
10M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2023
2M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
9 103
9 680
Staff expenses
−4 650
−4 916
EBITDA
1 743
1 800
Depreciation & amort.
−78
−14
EBIT
1 665
1 786
Net financials
0
0
Profit before tax
2 258
2 390
Tax
818
405
Net profit
1 440
1 986
Balance sheet
NOK thousands
Item
2023
2024
Total assets
11 189
4 300
Equity
432
1 418
Long-term debt
200
111
Short-term debt
10 526
2 772
Total debt
10 757
2 883
Financial ratios
5-year trend
EBITDA margin
18.6%
This company
15.8%
Market median
+18% vs market
2023
2024
Equity ratio
33.0%
This company
38.2%
Market median
+14% vs market
2023
2024
Return on equity
140.1%
This company
18.4%
Market median
+661% vs market
2023
2024
Net profit margin
20.5%
This company
8.1%
Market median
+153% vs market
2023
2024
Asset turnover
2.25×
This company
1.12×
Market median
+101% vs market
2023
2024
Debt / equity
2.03×
This company
0.62×
Market median
-227% vs market
2023
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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
KI
Kurt Inge Hermstad
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hermstad Holding As
Company
100%
100%
2023
Hermstad Holding As
Company
60%
60%
2024
Erik Sæther Holding As
Company
20%
20%
2024
Jan Børge Fløholm Ervik
Individual
10%
10%
2024
Jan-Olav Nilssen
Individual
10%
10%
2024
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 MALERMESTER KURT I HERMSTAD AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kurt Inge Hermstad
Chairman
0 companies