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MOTVED AS
AS
Active
Org 920462154
Jøndalsvegen 3B, 2662 Dovre
Manufacture of furniture · NACE 3100
Est. 2018
6 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 3,5M
+50% vs 2023
EBITDA margin
19.5%
+2728% vs 2023
Equity ratio
37.6%
Financial strength
Net profit 2024
NOK 487K
+727% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 3,5M
+50%
EBITDA
NOK 679K
+2728%
Net profit
NOK 487K
+727%
Total assets
NOK 1,5M
+10%
Equity
NOK 554K
+723%
Employees
6
—
Company information
Legal name
MOTVED AS
Org number
920462154
Legal form
Aksjeselskap
NACE code
3100 · Manufacture of furniture
Founded
22. februar 2018
Share capital
NOK 105 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Njål dalbakk andreassen
Company purpose
Produsere spesialprodukter innen møbel og innredninger.
Contact
Address
Jøndalsvegen 3B, 2662 Dovre
Email
njaal@kvassas.com
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Explore
Companies in Manufacture of furniture
Companies in Dovre
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
1M
2020
2M
2021
2M
2022
2M
2023
3M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 227
2 245
2 481
2 316
3 475
Staff expenses
−674
−1 056
−1 302
−967
−1 109
EBITDA
−113
330
37
−26
679
Depreciation & amort.
−0
−0
−60
−67
−115
EBIT
−113
330
−23
−93
564
Net financials
2
−10
−71
−7
−10
Profit before tax
−111
320
−93
−100
554
Tax
−15
163
49
−22
68
Net profit
−65
158
−142
−78
487
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
676
1 224
660
1 344
1 475
Equity
217
375
145
67
554
Long-term debt
245
252
129
49
454
Short-term debt
214
596
386
1 227
467
Total debt
459
848
515
1 276
921
Financial ratios
5-year trend
EBITDA margin
19.5%
This company
15.8%
Market median
+23% vs market
2020
2024
Equity ratio
37.6%
This company
38.2%
Market median
+2% vs market
2020
2024
Return on equity
87.8%
This company
18.4%
Market median
+377% vs market
2020
2024
Net profit margin
14.0%
This company
8.1%
Market median
+73% vs market
2020
2024
Asset turnover
2.36×
This company
1.12×
Market median
+111% vs market
2020
2024
Debt / equity
1.66×
This company
0.62×
Market median
-168% 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)
ND
Njål Dalbakk Andreassen
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
ES
Even Slette Hansen
Chairman
2018
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 MOTVED AS also hold positions in
0
other companies.
Person
Role here
Other companies
Njål Dalbakk Andreassen
Chief Executive Officer
0 companies
Even Slette Hansen
Chairman
0 companies