Riskpilot← Back to searchSign inGet full accessMUSTAD INDUSTRIER AS
ASActiveOrg 920844766Parkveien 39, 0258 OsloManufacture of bread; manufacture of fresh pastry goods and cakes · NACE 1071Est. 20183 employees
Revenue 2025
NOK 330,3M
+53% vs 2024
EBITDA margin
93.3%
+71% vs 2024
Equity ratio
87.9%
Financial strength
Net profit 2025
NOK 294,2M
+80% vs 2024
| Revenue | NOK 330,3M | +53% |
| EBITDA | NOK 308M | +71% |
| Net profit | NOK 294,2M | +80% |
| Total assets | NOK 2,5B | +12% |
| Equity | NOK 2,2B | +12% |
| Employees | 3 | — |
Legal name
MUSTAD INDUSTRIER AS
Org number
920844766
Legal form
Aksjeselskap
NACE code
1071 · Manufacture of bread; manufacture of fresh pastry goods and cakes
Founded
14. mai 2018
Share capital
NOK 1 747 610
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene, eller to styremedlemmer i fellesskap, eller ett styremedlem og daglig leder i fellesskap.
Company purpose
Deltakelse i andre selskaper, annen investeringsvirksomhet og virksomhet i forbindelse med dette.
Address
Parkveien 39, 0258 Oslo
Phone
+4722545020
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 340 728 | 155 059 | 89 393 | 216 344 | 330 303 |
| Staff expenses | −11 086 | −12 906 | −17 482 | −27 977 | −15 405 |
| EBITDA | 322 094 | 131 986 | 58 462 | 179 833 | 308 047 |
| Depreciation & amort. | −107 | −102 | −47 | −7 | −35 |
| EBIT | 321 987 | 131 884 | 58 415 | 179 826 | 308 012 |
| Net financials | −2 783 | −22 672 | 1 413 | −19 605 | −9 174 |
| Profit before tax | 319 204 | 109 212 | 59 827 | 160 222 | 298 837 |
| Tax | 1 350 | −3 974 | 1 645 | −3 203 | 4 632 |
| Net profit | 317 854 | 113 186 | 58 183 | 163 424 | 294 205 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 2 028 110 | 2 037 568 | 2 116 935 | 2 227 501 | 2 485 194 |
| Equity | 1 665 189 | 1 721 533 | 1 596 404 | 1 951 166 | 2 183 582 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 335 365 | 288 827 | 491 786 | 248 952 | 275 264 |
| Total debt | 335 365 | 288 827 | 491 787 | 248 953 | 275 264 |
EBITDA margin
93.3%
This company
15.8%
Market median
+491% vs market
20212025
Equity ratio
87.9%
This company
38.2%
Market median
+130% vs market
20212025
Return on equity
13.5%
This company
18.4%
Market median
+27% vs market
20212025
Net profit margin
89.1%
This company
8.1%
Market median
+1000% vs market
20212025
Asset turnover
0.13×
This company
1.12×
Market median
-88% vs market
20212025
Debt / equity
0.14×
This company
0.62×
Market median
+77% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TM Chief Executive Officer | Chief Executive Officer | 2019 |
| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
| Board of Directors | 2019 | |
| Board of Directors | 2019 | |
| Board of Directors | 2019 | |
| Chairman | 2019 | |
| Board of Directors | 2019 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Micad As
MUSTAD INDUSTRIER AS Board members of MUSTAD INDUSTRIER AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Trygve Marius Matheson Heyerdahl | Chief Executive Officer | 0 companies |
| Agnes Elisabeth Astrup Mellbye | Board of Directors | 0 companies |
| Ebbe Carl Axel Ebbesøn Astrup | Board of Directors | 0 companies |
| Truls Holthe | Board of Directors | 0 companies |
| Else Katharina Astrup Petterøe | Chairman | 0 companies |
| Fridtjof Berents | Board of Directors | 0 companies |