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MAGNOR RIGGERTEAM AS
AS
Active
Org 922413622
Mokalenga 18, 2240 Magnor
Engineering activities and related technical consultancy · NACE 7112
Est. 2019
2 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 170K
-84% vs 2023
EBITDA margin
-55.9%
+86% vs 2023
Equity ratio
51.8%
Financial strength
Net profit 2024
NOK -449K
+80% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
1M
2020
1M
0%
2021
1M
0%
2022
-1M
-200%
2023
0M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 170K
-84%
EBITDA
NOK -95K
+86%
Net profit
NOK -449K
+80%
Total assets
NOK 616K
-38%
Equity
NOK 319K
-58%
Employees
2
—
Company information
Legal name
MAGNOR RIGGERTEAM AS
Org number
922413622
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
19. 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
Signatory rights
Styrets leder alene.
Company purpose
Virksomheten skal drive rådgivning,bemanning og transport for on/offshore industri.
Contact
Address
Mokalenga 18, 2240 Magnor
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Explore
Companies in Engineering activities and related technical consultancy
Companies in Eidskog
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
2M
2020
3M
2021
3M
2022
1M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2020
1M
2021
1M
2022
-1M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
2 190
2 566
2 801
1 037
170
Staff expenses
−907
−902
−1 287
−1 497
−1
EBITDA
1 164
1 368
704
−689
−95
Depreciation & amort.
−40
−216
−323
−372
−347
EBIT
1 124
1 151
381
−1 061
−442
Net financials
−53
−12
−5
−89
−7
Profit before tax
1 071
1 139
376
−1 150
−449
Tax
−0
−0
104
1 108
−0
Net profit
1 071
1 139
273
−2 258
−449
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 946
2 863
2 319
985
616
Equity
1 614
2 752
3 025
767
319
Long-term debt
0
0
0
0
0
Short-term debt
332
111
−706
218
297
Total debt
332
111
−706
218
297
Financial ratios
5-year trend
EBITDA margin
-55.9%
This company
15.8%
Market median
-454% vs market
2020
2024
Equity ratio
51.8%
This company
38.2%
Market median
+36% vs market
2020
2024
Return on equity
-140.8%
This company
18.4%
Market median
-865% vs market
2020
2024
Net profit margin
-264.0%
This company
8.1%
Market median
-3359% vs market
2020
2024
Asset turnover
0.28×
This company
1.12×
Market median
-75% vs market
2020
2024
Debt / equity
0.93×
This company
0.62×
Market median
+50% 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)
HM
Henning Monsen
Chief Executive Officer
Chief Executive Officer
2019
Board of directors
Non-executive oversight
No data on file.
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 MAGNOR RIGGERTEAM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Henning Monsen
Chief Executive Officer
0 companies