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RUSTAND MASKINSERVICE AS
AS
Active
Org 922353298
Bækenlia 20, 3540 Nesbyen
Site preparation · NACE 4312
Est. 2019
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,6M
-45% vs 2023
EBITDA margin
15.0%
-44% vs 2023
Equity ratio
53.0%
Financial strength
Net profit 2024
NOK 33K
-84% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2020
1M
0%
2021
0M
-100%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 1,6M
-45%
EBITDA
NOK 235K
-44%
Net profit
NOK 33K
-84%
Total assets
NOK 2,5M
-32%
Equity
NOK 1,3M
+3%
Employees
2
—
Company information
Legal name
RUSTAND MASKINSERVICE AS
Org number
922353298
Legal form
Aksjeselskap
NACE code
4312 · Site preparation
Founded
7. mars 2019
Share capital
NOK 30 000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Maskinentreprenør, grunnarbeider.
Contact
Address
Bækenlia 20, 3540 Nesbyen
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Companies in Site preparation
Companies in Nesbyen
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
1M
2020
2M
2021
2M
2022
3M
2023
2M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 444
1 749
1 523
2 847
1 570
Staff expenses
−10
−0
−94
−485
−520
EBITDA
641
856
466
416
235
Depreciation & amort.
−94
−102
−190
−172
−174
EBIT
547
754
276
245
61
Net financials
17
−12
−13
−7
−0
Profit before tax
530
742
264
237
61
Tax
120
168
66
36
28
Net profit
410
573
197
202
33
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 022
3 322
3 529
3 665
2 497
Equity
449
1 022
1 088
1 289
1 322
Long-term debt
302
225
144
2
0
Short-term debt
271
2 075
2 297
2 373
1 175
Total debt
573
2 300
2 442
2 375
1 175
Financial ratios
5-year trend
EBITDA margin
15.0%
This company
15.8%
Market median
-5% vs market
2020
2024
Equity ratio
53.0%
This company
38.2%
Market median
+39% vs market
2020
2024
Return on equity
2.5%
This company
18.4%
Market median
-86% vs market
2020
2024
Net profit margin
2.1%
This company
8.1%
Market median
-74% vs market
2020
2024
Asset turnover
0.63×
This company
1.12×
Market median
-44% vs market
2020
2024
Debt / equity
0.89×
This company
0.62×
Market median
+44% 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)
ER
Endre Rustand
Chief Executive Officer
Chief Executive Officer
2019
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Rustand Holding As
Company
100%
100%
2023
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Company hierarchy
Rustand Holding As
RUSTAND MASKINSERVICE AS
(this company)
Board network connections
Board members of RUSTAND MASKINSERVICE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Endre Rustand
Chief Executive Officer
0 companies