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MIDT-FINNMARK MOTOR AS
AS
Active
Org 917338019
Laatasveien, 9700 Lakselv
Repair and maintenance of motor vehicles · NACE 9531
Est. 2016
11 employees
www.midtfinnmarkmotor.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 14,7M
-23% vs 2023
EBITDA margin
8.1%
+59% vs 2023
Equity ratio
31.1%
Financial strength
Net profit 2024
NOK 673K
+155% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
0M
-100%
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 14,7M
-23%
EBITDA
NOK 1,2M
+59%
Net profit
NOK 673K
+155%
Total assets
NOK 8,4M
+13%
Equity
NOK 2,6M
+33%
Employees
11
—
Company information
Legal name
MIDT-FINNMARK MOTOR AS
Org number
917338019
Legal form
Aksjeselskap
NACE code
9531 · Repair and maintenance of motor vehicles
Founded
18. juni 2016
Share capital
NOK 798 000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap.
Company purpose
Salg, service og reparasjoner av båter, kjøretøyer og motorisert utstyr og annen virksomhet som hører naturlig sammen med dette.
Contact
Address
Laatasveien, 9700 Lakselv
Phone
+4778463555
Email
frode@mfmotor.no
Website
www.midtfinnmarkmotor.no
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Revenue
NOK millions
0M
6M
12M
18M
24M
20M
2020
18M
2021
21M
2022
19M
2023
15M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
19 888
18 407
21 323
19 168
14 724
Staff expenses
−2 036
−2 235
−2 515
−2 461
−2 033
EBITDA
906
614
345
747
1 187
Depreciation & amort.
−208
−158
−157
−231
−183
EBIT
698
455
189
516
1 004
Net financials
−92
−70
−85
−160
−146
Profit before tax
606
386
104
357
858
Tax
138
91
26
93
184
Net profit
468
294
78
264
673
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
8 148
8 578
9 041
7 411
8 360
Equity
1 369
1 664
1 708
1 949
2 600
Long-term debt
1 264
931
1 449
1 190
870
Short-term debt
5 515
5 983
5 884
4 272
4 890
Total debt
6 779
6 914
7 334
5 462
5 760
Financial ratios
5-year trend
EBITDA margin
8.1%
This company
15.8%
Market median
-49% vs market
2020
2024
Equity ratio
31.1%
This company
38.2%
Market median
+19% vs market
2020
2024
Return on equity
25.9%
This company
18.4%
Market median
+41% vs market
2020
2024
Net profit margin
4.6%
This company
8.1%
Market median
-43% vs market
2020
2024
Asset turnover
1.76×
This company
1.12×
Market median
+57% vs market
2020
2024
Debt / equity
2.22×
This company
0.62×
Market median
-258% 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)
FF
Frode Fossum Nilsen
Chief Executive Officer
Chief Executive Officer
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JO
Jan Ole Benjaminsen
Chairman
2016
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
M.F. Holding As
Company
100%
100%
2024
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Company hierarchy
M.F. Holding As
MIDT-FINNMARK MOTOR AS
(this company)
Board network connections
Board members of MIDT-FINNMARK MOTOR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frode Fossum Nilsen
Chief Executive Officer
0 companies
Jan Ole Benjaminsen
Chairman
0 companies