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OLLE MICHELSEN AS
AS
Active
Org 918734236
Lupinveien 12, 7896 Brekkvasselv
Operation of gravel and sand pits and mining of clay and kaolin · NACE 0812
Est. 1977
7 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,3M
-53% vs 2023
EBITDA margin
24.3%
-73% vs 2023
Equity ratio
90.8%
Financial strength
Net profit 2024
NOK 88K
-93% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
1M
0%
2021
2M
+100%
2022
2M
0%
2023
1M
-50%
2024
Key figures
Annual report 2024
Revenue
NOK 2,3M
-53%
EBITDA
NOK 561K
-73%
Net profit
NOK 88K
-93%
Total assets
NOK 10,6M
-7%
Equity
NOK 9,7M
+1%
Employees
7
—
Company information
Legal name
OLLE MICHELSEN AS
Org number
918734236
Legal form
Aksjeselskap
NACE code
0812 · Operation of gravel and sand pits and mining of clay and kaolin
Founded
2. januar 1977
Share capital
—
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Lupinveien 12, 7896 Brekkvasselv
Phone
+4797159533
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Companies in Operation of gravel and sand pits and mining of clay and kaolin
Companies in Namsskogan
All Norway companies
Revenue
NOK millions
0M
1M
3M
4M
6M
3M
2020
3M
2021
5M
2022
5M
2023
2M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
2M
2022
2M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 553
2 882
4 888
4 925
2 304
Staff expenses
−359
−373
−719
−1 192
−177
EBITDA
1 117
576
1 999
2 085
561
Depreciation & amort.
−484
−561
−470
−464
−519
EBIT
633
15
1 529
1 621
42
Net financials
27
−12
−4
14
72
Profit before tax
606
3
1 525
1 635
114
Tax
133
1
335
360
26
Net profit
473
2
1 189
1 275
88
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 299
9 614
9 670
11 458
10 631
Equity
7 103
7 106
8 295
9 570
9 657
Long-term debt
1 464
1 673
864
673
576
Short-term debt
732
835
511
1 215
397
Total debt
2 196
2 508
1 375
1 888
973
Financial ratios
5-year trend
EBITDA margin
24.3%
This company
15.8%
Market median
+54% vs market
2020
2024
Equity ratio
90.8%
This company
38.2%
Market median
+138% vs market
2020
2024
Return on equity
0.9%
This company
18.4%
Market median
-95% vs market
2020
2024
Net profit margin
3.8%
This company
8.1%
Market median
-53% vs market
2020
2024
Asset turnover
0.22×
This company
1.12×
Market median
-80% vs market
2020
2024
Debt / equity
0.10×
This company
0.62×
Market median
+84% 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)
OM
Olle Magne Michelsen
Chief Executive Officer
Chief Executive Officer
2010
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
RI
Ruth Inger Michelsen
Board of Directors
1998
IL
Inger Lise Michelsen Sagmo
Board of Directors
1998
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of OLLE MICHELSEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Olle Magne Michelsen
Chief Executive Officer
0 companies
Ruth Inger Michelsen
Board of Directors
0 companies
Inger Lise Michelsen Sagmo
Board of Directors
0 companies