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MIDGARDVEIEN 16 UTVIKLING AS
AS
Active
Org 927055597
Eilif Peterssens Vei 5, 1344 Haslum
Development of building projects · NACE 6812
Est. 2021
0 employees
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Share
Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 726K
-34% vs 2024
EBITDA margin
122.6%
-51% vs 2024
Equity ratio
-6.3%
Financial strength
Net profit 2025
NOK -2,6M
-3858% vs 2024
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
0M
2021
1M
+100%
2022
2M
+100%
2023
2M
0%
2024
1M
-50%
2025
Key figures
Annual report 2025
Revenue
NOK 726K
-34%
EBITDA
NOK 890K
-51%
Net profit
NOK -2,6M
-3858%
Total assets
NOK 41,1M
-4%
Equity
NOK -2,6M
-7433%
Employees
0
—
Company information
Legal name
MIDGARDVEIEN 16 UTVIKLING AS
Org number
927055597
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
3. mai 2021
Share capital
NOK 30 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Utvikling av fast eiendom og alt som står i naturlig forbindelse med dette.
Contact
Address
Eilif Peterssens Vei 5, 1344 Haslum
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Companies in Development of building projects
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
1M
2023
1M
2024
1M
2025
EBITDA
NOK millions
0M
1M
1M
2M
2M
0M
2021
1M
2022
2M
2023
2M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
0
187
782
1 101
726
Staff expenses
−0
−5
−0
−0
−0
EBITDA
201
1 147
1 853
1 816
890
Depreciation & amort.
−0
−0
−0
−0
−2 500
EBIT
201
1 147
1 853
1 816
−1 610
Net financials
−207
−1 230
−1 929
−1 880
−953
Profit before tax
−7
−83
−76
−65
−2 563
Tax
−0
−0
−0
−0
−0
Net profit
−7
−83
−76
−65
−2 563
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
20 409
37 844
42 147
42 747
41 086
Equity
23
30
30
−34
−2 598
Long-term debt
19 691
36 881
42 034
42 370
0
Short-term debt
695
933
83
412
490
Total debt
20 385
37 813
42 117
42 781
43 683
Financial ratios
5-year trend
EBITDA margin
122.6%
This company
15.8%
Market median
+676% vs market
2021
2025
Equity ratio
-6.3%
This company
38.2%
Market median
-116% vs market
2021
2025
Return on equity
-256334000.0%
This company
18.4%
Market median
-1393119665% vs market
2021
2025
Net profit margin
-353.3%
This company
8.1%
Market median
-4462% vs market
2021
2025
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
2021
2025
Debt / equity
16.82×
This company
0.62×
Market median
-2613% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
KS
Knut Sjøbakk Allum
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
CA
Cato Allum
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Bedrehjem As
Company
100%
100%
2022
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Company hierarchy
Cde Holding As
Bedrehjem As
MIDGARDVEIEN 16 UTVIKLING AS
(this company)
Board network connections
Board members of MIDGARDVEIEN 16 UTVIKLING AS also hold positions in
0
other companies.
Person
Role here
Other companies
Knut Sjøbakk Allum
Chief Executive Officer
0 companies
Cato Allum
Chairman
0 companies