Olle Michelsen AS
ASActiveOrg 918734236Lupinveien 12, 7896 BrekkvasselvOperation of gravel and sand pits and mining of clay and kaolin· NACE 0812Est. 1977 · 49 years old7 employees
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Olle Michelsen AS is a Norwegian AS based in Brekkvasselv, operating in the Operation of gravel and sand pits and mining of clay and kaolin sector. Incorporated in 1977, the company has 7 employees and reported revenue of 3,6 mill. kr in its latest annual filing.
In its most recent annual report (2025), Olle Michelsen AS reported revenue of 3,6 mill. kr, an increase of 57% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of 503,6k kr, and the EBITDA margin stood at 26.1%.
At the end of 2025, equity financed 83.8% of the balance sheet, and current assets covered short-term debt 5.5 times.