What is the Org number of Morgenstern AS?

Morgenstern AS is registered with Brønnøysundsregistrene under Org 930975788.

What is the revenue of Morgenstern AS?

Morgenstern AS reported revenue of 104,9 mill. kr in 2025.

How many employees does Morgenstern AS have?

Morgenstern AS employs 36 people as of the latest annual report.

Who is the CEO of Morgenstern AS?

Camilla Kim Kielland is the CEO of Morgenstern AS.

Who is the chairman of Morgenstern AS?

Bjørnar Buxrud chairs the board of Morgenstern AS, in role since 2026.

Where is Morgenstern AS headquartered?

Morgenstern AS's registered address is Karl Johans gate 21, 0159 Oslo.

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Morgenstern AS

ASActive

Org 930975788Karl Johans gate 21, 0159 OsloActivities of advertising agencies· NACE 7311Est. 2023 · 3 years old36 employees

Overview Financials People & ownership Related companies

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2025	2024	2023
Revenue	104 851	101 611	84 052
Staff expenses	−34 802	−36 096	−32 148
EBITDA	4 381	6 840	6 699
Depreciation & amort.	−362	−339	−429
EBIT	4 019	6 500	6 270
Net financials	5	2	0
Profit before tax	4 024	6 502	6 270
Tax	896	1 454	1 459
Net profit	3 129	5 048	4 812

Balance sheet

NOK thousands

Item	2025	2024	2023
Total assets	21 275	27 592	22 873
Equity	5 623	7 767	6 239
Long-term debt	0	0	12
Short-term debt	15 652	19 825	16 622
Total debt	15 652	19 825	16 634

Financial ratios

5-year trend

EBITDA margin

4,2 %

This company

15,8 %

Market median

This company

Market median

73% below market

20232025

Equity ratio

26,4 %

This company

38,2 %

Market median

This company

Market median

31% below market

20232025

Return on equity

55,6 %

This company

18,4 %

Market median

This company

Market median

202% above market

20232025

Net profit margin

3,0 %

This company

8,1 %

Market median

This company

Market median

63% below market

20232025

Asset turnover

4,93×

This company

1,12×

Market median

This company

Market median

340% above market

20232025

Debt / equity

2,78×

This company

0,62×

Market median

This company

Market median

348% above market

20232025

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

Morgenstern AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on Morgenstern AS

Financials

Revenue

EBITDA

Income statement

Balance sheet

Financial ratios

Annual reports & filings

More on Morgenstern AS