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MILLSTEIN AS
AS
Active
Org 923677380
Seljeveien 1, 0575 Oslo
Landscape service activities · NACE 8130
Est. 2019
8 employees
www.millstein.no
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 11,7M
-29% vs 2023
EBITDA margin
-16.0%
-359% vs 2023
Equity ratio
-229.1%
Financial strength
Net profit 2024
NOK -2,4M
-1076% vs 2023
EBITDA — year on year
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
0%
2020
0M
0%
2021
0M
0%
2022
1M
+100%
2023
-2M
-300%
2024
Key figures
Annual report 2024
Revenue
NOK 11,7M
-29%
EBITDA
NOK -1,9M
-359%
Net profit
NOK -2,4M
-1076%
Total assets
NOK 1,3M
-62%
Equity
NOK -3,1M
-369%
Employees
8
—
Company information
Legal name
MILLSTEIN AS
Org number
923677380
Legal form
Aksjeselskap
NACE code
8130 · Landscape service activities
Founded
24. oktober 2019
Share capital
NOK 100 000
Employees
8 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styret i fellesskap. Daglig leder alene.
Company purpose
Anleggsgartner.
Contact
Address
Seljeveien 1, 0575 Oslo
Phone
+4798119949
Email
post@millstein.no
Website
www.millstein.no
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Revenue
NOK millions
0M
5M
9M
14M
18M
0M
2019
8M
2020
11M
2021
13M
2022
16M
2023
12M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2019
0M
2020
0M
2021
0M
2022
1M
2023
-2M
2024
Income statement
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Revenue
0
8 098
11 139
12 562
16 445
11 674
Staff expenses
−0
−2 419
−2 425
−3 688
−5 659
−4 340
EBITDA
−66
−334
208
−319
720
−1 862
Depreciation & amort.
−5
−182
−264
−440
−383
−356
EBIT
−71
−515
−56
−758
338
−2 218
Net financials
0
−16
−17
−22
−91
−188
Profit before tax
−71
−531
−72
−780
247
−2 406
Tax
−17
17
−0
−0
−0
−0
Net profit
−54
−548
−72
−780
247
−2 406
Balance sheet
NOK thousands
Item
2019
2020
2021
2022
2023
2024
Total assets
642
2 216
3 186
3 687
3 493
1 335
Equity
41
−507
−119
−899
−653
−3 059
Long-term debt
0
230
181
122
204
99
Short-term debt
601
2 494
3 124
4 464
3 942
4 295
Total debt
601
2 724
3 305
4 586
4 146
4 394
Financial ratios
5-year trend
EBITDA margin
-16.0%
This company
15.8%
Market median
-201% vs market
2019
2024
Equity ratio
-229.1%
This company
38.2%
Market median
-700% vs market
2019
2024
Return on equity
-240627800.0%
This company
18.4%
Market median
-1307759883% vs market
2019
2024
Net profit margin
-20.6%
This company
8.1%
Market median
-354% vs market
2019
2024
Asset turnover
8.74×
This company
1.12×
Market median
+680% vs market
2019
2024
Debt / equity
1.44×
This company
0.62×
Market median
-132% vs market
2019
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
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-09-26 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
FM
Fredrik Millstein
Chief Executive Officer
Chief Executive Officer
2025
—
—
Board of directors
Non-executive oversight
Name
Role
Member since
Age
Other directorships
FH
Fredrik Hafstad Millstein
Chairman
2019
—
—
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Millstein Holding As
Company
90.0%
90.0%
2024
Vilde Andersen Millstein
Individual
10.0%
10.0%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MILLSTEIN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Fredrik Millstein
Chief Executive Officer
0 companies
Fredrik Hafstad Millstein
Chairman
0 companies