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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 · 49 years old
7 employees
Monitor
Share
Norway
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Companies
/
Operation of gravel and sand pits and mining of clay and kaolin
/
Olle Michelsen AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
6M
5M
3M
2M
0M
2021: 3M
3M
2021
2022: 5M (+67% vs 2021)
5M
+67%
2022
2023: 5M (0% vs 2022)
5M
0%
2023
2024: 2M (-60% vs 2023)
2M
-60%
2024
2025: 4M (+100% vs 2024)
4M
+100%
2025
EBITDA
NOK millions
2M
2M
1M
1M
0M
2021: 1M
1M
2021
2022: 2M (+100% vs 2021)
2M
+100%
2022
2023: 2M (0% vs 2022)
2M
0%
2023
2024: 1M (-50% vs 2023)
1M
-50%
2024
2025: 1M (0% vs 2024)
1M
0%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
3 618
2 304
4 925
4 888
2 882
Staff expenses
−1 220
−177
−1 192
−719
−373
EBITDA
946
561
2 085
1 999
576
Depreciation & amort.
−373
−519
−464
−470
−561
EBIT
573
42
1 621
1 529
15
Net financials
71
72
14
−4
−12
Profit before tax
644
114
1 635
1 525
3
Tax
140
26
360
335
1
Net profit
504
88
1 275
1 189
2
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
12 120
10 631
11 458
9 670
9 614
Equity
10 161
9 657
9 570
8 295
7 106
Long-term debt
562
576
673
864
1 673
Short-term debt
1 397
397
1 215
511
835
Total debt
1 959
973
1 888
1 375
2 508
Financial ratios
5-year trend
EBITDA margin
26,1 %
This company
15,8 %
Market median
This company
Market median
65% above market
2021
2025
Equity ratio
83,8 %
This company
38,2 %
Market median
This company
Market median
119% above market
2021
2025
Return on equity
5,0 %
This company
18,4 %
Market median
This company
Market median
73% below market
2021
2025
Net profit margin
13,9 %
This company
8,1 %
Market median
This company
Market median
72% above market
2021
2025
Asset turnover
0,30×
This company
1,12×
Market median
This company
Market median
73% below market
2021
2025
Debt / equity
0,19×
This company
0,62×
Market median
This company
Market median
69% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Olle Michelsen AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network