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MIDGÅRDEN EIENDOM AS
AS
Active
Org 918866035
Frøyhovveien 40, 3269 Larvik
Other real estate activities on a fee or contract basis · NACE 6832
Est. 2017
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 278K
+9% vs 2023
EBITDA margin
55.2%
-16% vs 2023
Equity ratio
2.1%
Financial strength
Net profit 2024
NOK -15K
-151% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 278K
+9%
EBITDA
NOK 154K
-16%
Net profit
NOK -15K
-151%
Total assets
NOK 2,6M
-1%
Equity
NOK 55K
-21%
Employees
0
—
Company information
Legal name
MIDGÅRDEN EIENDOM AS
Org number
918866035
Legal form
Aksjeselskap
NACE code
6832 · Other real estate activities on a fee or contract basis
Founded
19. april 2017
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Kjøp, salg, utleie av fast eiendom, deltakelse i andre selskaper, samt hva som står i forbindelse med dette.
Contact
Address
Frøyhovveien 40, 3269 Larvik
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Other real estate activities on a fee or contract basis
Companies in Larvik
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
186
247
246
255
278
Staff expenses
−0
−0
−0
−0
−0
EBITDA
65
193
86
184
154
Depreciation & amort.
−4
−4
−4
−0
−0
EBIT
61
189
82
184
154
Net financials
0
−86
−106
−153
−172
Profit before tax
−43
103
−24
31
−19
Tax
−0
10
−1
2
−4
Net profit
−43
93
−23
28
−15
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 667
2 704
2 652
2 645
2 628
Equity
−29
64
42
70
55
Long-term debt
0
2 441
2 388
2 349
2 323
Short-term debt
202
198
222
226
250
Total debt
2 696
2 639
2 610
2 576
2 573
Financial ratios
5-year trend
EBITDA margin
55.2%
This company
15.8%
Market median
+249% vs market
2020
2024
Equity ratio
2.1%
This company
38.2%
Market median
-95% vs market
2020
2024
Return on equity
-26.2%
This company
18.4%
Market median
-242% vs market
2020
2024
Net profit margin
-5.2%
This company
8.1%
Market median
-164% vs market
2020
2024
Asset turnover
0.11×
This company
1.12×
Market median
-90% vs market
2020
2024
Debt / equity
46.49×
This company
0.62×
Market median
-7398% 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)
LH
Ludvig Hermansen
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MIDGÅRDEN EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ludvig Hermansen
Chief Executive Officer
0 companies