Riskpilot← Back to searchSign inGet full accessMASTERBULK AS
ASActiveOrg 923842675Sandviksbodene 1E, 5035 BergenSea and coastal freight water transport · NACE 5020Est. 20190 employees
Revenue 2024
NOK 85,5M
+9% vs 2023
EBITDA margin
47.2%
+16% vs 2023
Equity ratio
77.5%
Financial strength
Net profit 2024
NOK 8M
+334% vs 2023
| Revenue | NOK 85,5M | +9% |
| EBITDA | NOK 40,4M | +16% |
| Net profit | NOK 8M | +334% |
| Total assets | NOK 336,2M | +0% |
| Equity | NOK 260,7M | +2% |
| Employees | 0 | — |
Legal name
MASTERBULK AS
Org number
923842675
Legal form
Aksjeselskap
NACE code
5020 · Sea and coastal freight water transport
Founded
19. november 2019
Share capital
NOK 9 745 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap eller av styrets leder alene.
Company purpose
Drive skipsrederi og virksomheten er begrenset til å bygge, eie og drifte skip, inkludert innhente kapital, oppta lån og stille sikkerhet når dette er nødvendig for å utøve virksomheten. Selskapet skal ikke engasjere seg i andre aktiviteter, foreta andre investeringer eller påta seg andre forpliktelser enn de som er nødvendige for å utøve virksomheten.
Address
Sandviksbodene 1E, 5035 Bergen
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | 456 | 55 803 | 87 443 | 119 534 | 78 530 | 85 530 |
| Staff expenses | −1 | −1 386 | −0 | −0 | −0 | −0 |
| EBITDA | 272 | 24 103 | 47 344 | 77 424 | 34 933 | 40 365 |
| Depreciation & amort. | −168 | −23 115 | −30 172 | −29 645 | −34 202 | −27 683 |
| EBIT | 104 | 988 | 17 172 | 47 779 | 731 | 12 682 |
| Net financials | −99 | −10 763 | −10 054 | −6 452 | −4 136 | −4 707 |
| Profit before tax | 6 | −9 775 | 7 118 | 41 327 | −3 405 | 7 975 |
| Tax | 31 | −13 | −0 | −0 | −0 | −0 |
| Net profit | −25 | −9 762 | 7 118 | 41 327 | −3 405 | 7 975 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Total assets | 74 589 | 372 994 | 365 806 | 378 971 | 337 400 | 336 198 |
| Equity | −22 | 218 548 | 222 166 | 258 116 | 254 711 | 260 673 |
| Long-term debt | 25 013 | 137 297 | 119 614 | 94 770 | 64 328 | 36 501 |
| Short-term debt | 49 598 | 17 149 | 24 027 | 26 085 | 18 361 | 39 024 |
| Total debt | 74 611 | 154 446 | 143 641 | 120 855 | 82 689 | 75 525 |
EBITDA margin
47.2%
This company
15.8%
Market median
+199% vs market
20192024
Equity ratio
77.5%
This company
38.2%
Market median
+103% vs market
20192024
Return on equity
3.1%
This company
18.4%
Market median
-83% vs market
20192024
Net profit margin
9.3%
This company
8.1%
Market median
+15% vs market
20192024
Asset turnover
0.25×
This company
1.12×
Market median
-78% vs market
20192024
Debt / equity
0.29×
This company
0.62×
Market median
+53% vs market
20192024
- 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
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
BU Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Armadora As | Company | 100.0% | 100.0% | 2024 |
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Skipsaksjeselskapet Kollen AsSkibsaktieselskapet Navigation Co LtdArmadora As
MASTERBULK AS (this company)Board members of MASTERBULK AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bernt Ulrich August Muller | Chief Executive Officer | 0 companies |
| Tom Henning Rasmussen | Board of Directors | 0 companies |
| Bernt Jacob Schwings Pettersen | Chairman | 0 companies |
| Petter Berge | Board of Directors | 0 companies |
| Bente Helen Sørbøe Voraa | Board of Directors | 0 companies |
| Marit Westfal-Larsen | Board of Directors | 0 companies |
| Rolf Westfal-Larsen | Board of Directors | 0 companies |
| Helene Westfal-Larsen | Board of Directors | 0 companies |
| Rolf Westfal-Larsen | Board of Directors | 0 companies |