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MIDSUND INDUSTRISERVICE AS
AS
Active
Org 924984511
Sjøvikvegen 50, 6475 Midsund
Manufacture of metal structures and parts of structures · NACE 2511
Est. 2020
15 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 72,2M
+26% vs 2023
EBITDA margin
13.0%
-21% vs 2023
Equity ratio
28.7%
Financial strength
Net profit 2024
NOK 7,6M
-17% vs 2023
EBITDA — year on year
NOK millions
15M
11M
8M
4M
0M
4M
2020
6M
+50%
2021
6M
0%
2022
12M
+100%
2023
9M
-25%
2024
Key figures
Annual report 2024
Revenue
NOK 72,2M
+26%
EBITDA
NOK 9,4M
-21%
Net profit
NOK 7,6M
-17%
Total assets
NOK 67M
+111%
Equity
NOK 19,2M
+25%
Employees
15
—
Company information
Legal name
MIDSUND INDUSTRISERVICE AS
Org number
924984511
Legal form
Aksjeselskap
NACE code
2511 · Manufacture of metal structures and parts of structures
Founded
27. april 2020
Share capital
NOK 180 000
Employees
15 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Fabrikasjon av metallkonstruksjoner, design, engineering og prosjektledelse. Tilby tjenester innen modifikasjon og vedlikehold.
Contact
Address
Sjøvikvegen 50, 6475 Midsund
Phone
+4770208480
Email
post@midsundingen.no
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Revenue
NOK millions
0M
21M
41M
62M
83M
7M
2020
16M
2021
34M
2022
57M
2023
72M
2024
EBITDA
NOK millions
0M
3M
7M
10M
14M
4M
2020
6M
2021
6M
2022
12M
2023
9M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 564
16 011
33 673
57 121
72 195
Staff expenses
−1 080
−3 816
−10 201
−12 318
−12 218
EBITDA
4 132
6 370
6 032
11 918
9 413
Depreciation & amort.
−2
−46
−122
−181
−240
EBIT
4 131
6 325
5 910
11 737
9 173
Net financials
−4
92
224
119
634
Profit before tax
4 126
6 416
6 133
11 856
9 808
Tax
908
1 414
1 350
2 614
2 167
Net profit
3 218
5 002
4 784
9 242
7 641
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 976
12 895
24 066
31 704
66 987
Equity
3 392
8 395
10 766
15 409
19 250
Long-term debt
23
344
304
729
1 232
Short-term debt
1 561
4 156
12 995
15 566
46 505
Total debt
1 584
4 500
13 299
16 296
47 737
Financial ratios
5-year trend
EBITDA margin
13.0%
This company
15.8%
Market median
-18% vs market
2020
2024
Equity ratio
28.7%
This company
38.2%
Market median
-25% vs market
2020
2024
Return on equity
39.7%
This company
18.4%
Market median
+116% vs market
2020
2024
Net profit margin
10.6%
This company
8.1%
Market median
+31% vs market
2020
2024
Asset turnover
1.08×
This company
1.12×
Market median
+4% vs market
2020
2024
Debt / equity
2.48×
This company
0.62×
Market median
-300% 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 2020-04-17 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
OS
Ole Ståle Sandnes
Deputy Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Rostislav Haruda
Individual
20%
20%
2024
Per Frank Haugen
Individual
20%
20%
2024
Kurt Arve Haugen
Individual
20%
20%
2024
Sandnes O Holding As
Company
20%
20%
2024
Sten Haugen
Individual
20%
20%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MIDSUND INDUSTRISERVICE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Ole Ståle Sandnes
Deputy Chairman
0 companies