What is the Org number of MADSEN UTLEIE AS?

MADSEN UTLEIE AS is registered with Brønnøysundsregistrene under Org 920357113.

What is the revenue of MADSEN UTLEIE AS?

MADSEN UTLEIE AS reported revenue of NOK 4,6M in 2024.

Who is the chairman of MADSEN UTLEIE AS?

Vegard Madsen chairs the board of MADSEN UTLEIE AS, in role since 2018.

Where is MADSEN UTLEIE AS headquartered?

MADSEN UTLEIE AS's registered address is Floodmyrvegen 163, 3949 Porsgrunn.

MADSEN UTLEIE AS

ASActive

Org 920357113Floodmyrvegen 163, 3949 PorsgrunnRental and leasing of construction and civil engineering machinery and equipment · NACE 7732Est. 20180 employees

Revenue 2024

NOK 4,6M

+36% vs 2023

EBITDA margin

71.2%

+17% vs 2023

Equity ratio

17.0%

Financial strength

Net profit 2024

NOK -431K

-183% vs 2023

EBITDA — year on yearNOK millions

Key figuresAnnual report 2024

Revenue	NOK 4,6M	+36%
EBITDA	NOK 3,3M	+17%
Net profit	NOK -431K	-183%
Total assets	NOK 23,1M	+46%
Equity	NOK 3,9M	+64%
Employees	0	—

Item	2020	2021	2022	2023	2024
Revenue	1 845	3 467	2 005	3 401	4 617
Staff expenses	−0	−0	−0	−0	−0
EBITDA	1 432	2 917	1 431	2 808	3 288
Depreciation & amort.	−1 330	−1 730	−1 708	−2 616	−3 242
EBIT	102	1 187	−278	192	46
Net financials	−253	−280	−259	−388	−599
Profit before tax	−150	907	−537	−196	−553
Tax	−33	199	−118	−43	−122
Net profit	−117	707	−419	−152	−431

Item	2020	2021	2022	2023	2024
Total assets	9 297	8 418	11 472	15 778	23 072
Equity	1 904	2 611	2 192	2 386	3 921
Long-term debt	6 710	5 580	5 984	7 460	9 840
Short-term debt	684	227	3 297	5 933	9 311
Total debt	7 394	5 807	9 281	13 392	19 151

Name	Role	Member since
Current (1)
VM Vegard Madsen	Chairman	2018

Shareholder	Type	Ownership	Votes	Since
V. Madsen Holding As	Company	100%	100%	2024

Person	Role here	Other companies
Vegard Madsen	Chairman	0 companies