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MHB GROUP AS
AS
Active
Org 919439386
Narverødveien 40F, 3113 Tønsberg
Wholesale of other household goods · NACE 4649
Est. 2017
0 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 2,2M
+52% vs 2024
EBITDA margin
-10.1%
-841% vs 2024
Equity ratio
27.0%
Financial strength
Net profit 2025
NOK -232K
-182% vs 2024
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 2,2M
+52%
EBITDA
NOK -223K
-841%
Net profit
NOK -232K
-182%
Total assets
NOK 414K
-1%
Equity
NOK 112K
-67%
Employees
0
—
Company information
Legal name
MHB GROUP AS
Org number
919439386
Legal form
Aksjeselskap
NACE code
4649 · Wholesale of other household goods
Founded
22. august 2017
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Salg av produkter og utstyr til matlaging og konditori.
Contact
Address
Narverødveien 40F, 3113 Tønsberg
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Explore
Companies in Wholesale of other household goods
Companies in Tønsberg
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
0M
2021
0M
2022
0M
2023
1M
2024
2M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
0
0
59
1 440
2 195
Staff expenses
−0
−0
−0
−0
−302
EBITDA
−1
−1
12
30
−223
Depreciation & amort.
−0
−0
−3
−5
−7
EBIT
−1
−1
9
25
−229
Net financials
−3
0
0
266
−4
Profit before tax
−4
−1
9
292
−234
Tax
−0
−0
−0
10
−1
Net profit
−4
−1
9
282
−232
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
54
53
106
419
414
Equity
53
53
62
344
112
Long-term debt
0
0
0
1
0
Short-term debt
0
0
44
74
302
Total debt
0
0
44
75
302
Financial ratios
5-year trend
EBITDA margin
-10.1%
This company
15.8%
Market median
-164% vs market
2021
2025
Equity ratio
27.0%
This company
38.2%
Market median
-29% vs market
2021
2025
Return on equity
-207.7%
This company
18.4%
Market median
-1229% vs market
2021
2025
Net profit margin
-10.6%
This company
8.1%
Market median
-231% vs market
2021
2025
Asset turnover
5.30×
This company
1.12×
Market median
+373% vs market
2021
2025
Debt / equity
2.71×
This company
0.62×
Market median
-337% vs 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
Management
Actively employed in the business
Name
Role
Member since
Former (1)
KB
Kim Baade
Chief Executive Officer
Chief Executive Officer
2017 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MH
Marthin Hamlet Bugge
Chairman
2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
100%
100%
2022
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 MHB GROUP AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kim Baade
Chief Executive Officer
0 companies
Marthin Hamlet Bugge
Chairman
0 companies