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MUDO AS
AS
Active
Org 880308572
Hasleveien 15E, 0571 Oslo
Leasing of intellectual property and similar products, except copyrighted works · NACE 7740
Est. 1998
22 employees
www.mudo.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 13,6M
+35% vs 2023
EBITDA margin
-6.6%
+30% vs 2023
Equity ratio
-258.1%
Financial strength
Net profit 2024
NOK -1,5M
+91% vs 2023
EBITDA — year on year
NOK millions
4M
3M
1M
0M
-1M
3M
2020
-1M
-133%
2021
1M
+200%
2022
-1M
-200%
2023
-1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 13,6M
+35%
EBITDA
NOK -894K
+30%
Net profit
NOK -1,5M
+91%
Total assets
NOK 3,1M
+48%
Equity
NOK -8M
+10%
Employees
22
—
Company information
Legal name
MUDO AS
Org number
880308572
Legal form
Aksjeselskap
NACE code
7740 · Leasing of intellectual property and similar products, except copyrighted works
Founded
30. oktober 1998
Share capital
NOK 2 089 600
Employees
22 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Contact
Address
Hasleveien 15E, 0571 Oslo
Phone
+4748644134
Email
torshov@mudo.no
Website
www.mudo.no
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Companies in Leasing of intellectual property and similar products, except copyrighted works
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
4M
8M
12M
16M
11M
2020
8M
2021
11M
2022
10M
2023
14M
2024
EBITDA
NOK millions
0M
1M
2M
3M
3M
3M
2020
-1M
2021
1M
2022
-1M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
11 471
8 097
10 920
10 040
13 590
Staff expenses
−3 415
−3 011
−3 286
−3 483
−3 300
EBITDA
3 308
−1 480
851
−1 279
−894
Depreciation & amort.
−314
−303
−253
−100
−67
EBIT
2 994
−1 783
598
−1 379
−960
Net financials
−153
−250
−311
−15 502
−533
Profit before tax
2 842
−2 033
288
−16 881
−1 493
Tax
629
−448
66
375
−0
Net profit
2 213
−1 586
222
−17 256
−1 493
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
21 231
20 973
18 035
2 095
3 098
Equity
12 745
8 159
8 381
−8 874
−7 995
Long-term debt
3 176
4 058
3 463
3 415
3 088
Short-term debt
5 310
8 756
6 190
7 554
8 004
Total debt
8 486
12 814
9 653
10 969
11 093
Financial ratios
5-year trend
EBITDA margin
-6.6%
This company
15.8%
Market median
-142% vs market
2020
2024
Equity ratio
-258.1%
This company
38.2%
Market median
-776% vs market
2020
2024
Return on equity
-149336000.0%
This company
18.4%
Market median
-811608796% vs market
2020
2024
Net profit margin
-11.0%
This company
8.1%
Market median
-236% vs market
2020
2024
Asset turnover
4.39×
This company
1.12×
Market median
+292% vs market
2020
2024
Debt / equity
1.39×
This company
0.62×
Market median
-124% 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
Name
Role
Member since
Current (1)
FB
Fredrik Bjertnæs
Chief Executive Officer
Chief Executive Officer
2023
Former (1)
KR
Kjetil Rygh
Chief Executive Officer
Chief Executive Officer
2018 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
PC
Per Christian Pedersen
Board of Directors
2014
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Mizaki Sports Group As
Company
91.85%
91.85%
2022
Stig Lyshaug
Individual
8.15%
8.15%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MUDO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kjetil Rygh
Chief Executive Officer
0 companies
Fredrik Bjertnæs
Chief Executive Officer
0 companies
Per Christian Pedersen
Board of Directors
0 companies