Riskpilot← Back to searchSign inGet full accessMADSHUS AS
ASActiveOrg 914136296Industrivegen 29, 2836 BiriManufacture of sports goods · NACE 3230Est. 196668 employeeswww.madshus.com
Revenue 2024
NOK 270,5M
+20% vs 2023
EBITDA margin
-13.6%
-57% vs 2023
Equity ratio
10.2%
Financial strength
Net profit 2024
NOK -53,5M
-18% vs 2023
| Revenue | NOK 270,5M | +20% |
| EBITDA | NOK -36,8M | -57% |
| Net profit | NOK -53,5M | -18% |
| Total assets | NOK 358,2M | +24% |
| Equity | NOK 36,5M | -59% |
| Employees | 68 | — |
Legal name
MADSHUS AS
Org number
914136296
Legal form
Aksjeselskap
NACE code
3230 · Manufacture of sports goods
Founded
10. januar 1966
Share capital
NOK 21 600 000
Employees
68 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Address
Industrivegen 29, 2836 Biri
Website
www.madshus.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 222 215 | 221 042 | 189 911 | 209 148 | 202 366 | 205 790 | 220 642 | 213 934 | 232 784 | 228 073 | 188 406 | 301 985 | 308 403 | 224 641 | 270 492 |
| Staff expenses | −0 | −0 | −0 | −40 357 | −46 956 | −46 644 | −46 248 | −48 572 | −49 288 | −50 259 | −50 667 | −52 135 | −54 067 | −47 529 | −55 306 | −58 262 | −61 734 | −49 194 |
| EBITDA | 0 | 0 | 0 | 23 418 | 23 996 | 9 507 | 8 089 | 11 993 | 11 887 | 7 862 | 16 498 | 15 112 | 5 411 | −16 532 | 11 888 | 7 725 | −23 459 | −36 756 |
| Depreciation & amort. | −0 | −0 | −0 | −7 632 | −6 618 | −5 258 | −0 | −6 348 | −6 830 | −7 321 | −6 289 | −6 449 | −7 098 | −7 112 | −6 969 | −7 251 | −7 324 | −8 059 |
| EBIT | 0 | 0 | 0 | 15 786 | 17 378 | 4 249 | 8 089 | 5 644 | 5 056 | 541 | 10 209 | 8 663 | −1 687 | −23 644 | 4 919 | 474 | −30 783 | −44 815 |
| Net financials | 0 | 0 | 0 | −1 060 | 2 495 | −665 | 2 858 | 753 | 1 402 | −671 | 92 | 1 454 | −1 056 | 1 135 | −3 175 | −117 | −2 470 | −8 733 |
| Profit before tax | 0 | 0 | 0 | 14 725 | 19 873 | 3 584 | 10 948 | 6 398 | 6 458 | −130 | 10 301 | 10 117 | −2 743 | −22 509 | 1 744 | 357 | −33 253 | −53 548 |
| Tax | −0 | −0 | −0 | −0 | −0 | −21 767 | 3 762 | 1 763 | 2 855 | 519 | 2 926 | 2 677 | −570 | −4 943 | 386 | 89 | 12 302 | −0 |
| Net profit | 0 | 0 | 0 | 14 725 | 19 873 | 25 351 | 7 186 | 4 635 | 3 603 | −649 | 7 375 | 7 440 | −2 173 | −17 566 | 1 358 | 268 | −45 555 | −53 548 |
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | — | — | — | 149 499 | 162 740 | 200 542 | 214 398 | 213 254 | 239 642 | 215 460 | 192 865 | 211 207 | 228 442 | 194 128 | 226 901 | 289 332 | 288 989 | 358 177 |
| Equity | — | — | — | 78 943 | 98 816 | 124 167 | 131 353 | 135 988 | 139 591 | 138 942 | 146 318 | 153 758 | 151 586 | 134 020 | 135 378 | 135 646 | 90 091 | 36 543 |
| Long-term debt | 0 | 0 | 0 | 4 566 | 4 228 | 3 820 | 3 412 | 3 004 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 0 | 0 | 0 | 64 920 | 58 626 | 71 906 | 79 430 | 74 190 | 100 051 | 76 517 | 46 547 | 57 449 | 76 856 | 60 108 | 91 523 | 153 686 | 198 898 | 321 634 |
| Total debt | 0 | 0 | 0 | 69 486 | 62 854 | 75 726 | 82 842 | 77 194 | 100 051 | 76 517 | 46 547 | 57 449 | 76 856 | 60 108 | 91 523 | 153 686 | 198 898 | 321 634 |
EBITDA margin
-13.6%
This company
15.8%
Market median
-186% vs market
20072024
Equity ratio
10.2%
This company
38.2%
Market median
-73% vs market
20072024
Return on equity
-146.5%
This company
18.4%
Market median
-896% vs market
20072024
Net profit margin
-19.8%
This company
8.1%
Market median
-344% vs market
20072024
Asset turnover
0.76×
This company
1.12×
Market median
-32% vs market
20072024
Debt / equity
8.80×
This company
0.62×
Market median
-1319% vs market
20072024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
- Annual report 2007Filed via Brønnøysundsregistrene · Period 2007-01-01 – 2007-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
NG Chief Executive Officer | Chief Executive Officer | 2009 | — | — |
FP Deputy Member | Deputy Member | 2021 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
K2 Corporation | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of MADSHUS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Nils Gullbrand Hult | Chief Executive Officer | 0 companies |
| Frank Paulsen | Deputy Member | 0 companies |
| Christoph Georg Bronder | Chairman | 0 companies |
| Andrea Bergamin | Board of Directors | 0 companies |
| Paul Steven Foley | Board of Directors | 0 companies |
| Josee Francine Larocque | Chairman | 0 companies |
| Hilde Marie Hunder | Board of Directors | 0 companies |
| John Lee Colonna | Chairman | 0 companies |
| Jason David Tobak | Board of Directors | 0 companies |
| Alyssa Jo Schore | Board of Directors | 0 companies |
| Peter Kuba | Board of Directors | 0 companies |
| Lars Berger | Board of Directors | 0 companies |
| Erland Ramstad | Board of Directors | 0 companies |
| Cato Thomassen | Board of Directors | 0 companies |