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X MOTOR AS
AS
Active
Org 931476998
Vestsideveien 194, 3405 Lier
Retail sale of motor vehicles · NACE 4781
Est. 2023
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 8,8M
-7% vs 2024
EBITDA margin
9.0%
-39% vs 2024
Equity ratio
70.7%
Financial strength
Net profit 2025
NOK 582K
-37% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2023
1M
+100%
2024
1M
0%
2025
Key figures
Annual report 2025
Revenue
NOK 8,8M
-7%
EBITDA
NOK 798K
-39%
Net profit
NOK 582K
-37%
Total assets
NOK 2,5M
+15%
Equity
NOK 1,8M
+49%
Employees
0
—
Company information
Legal name
X MOTOR AS
Org number
931476998
Legal form
Aksjeselskap
NACE code
4781 · Retail sale of motor vehicles
Founded
31. mai 2023
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder eller styrets leder alene.
Company purpose
Kjøp og salg av brukte biler og andre motoriserte kjøretøy.
Contact
Address
Vestsideveien 194, 3405 Lier
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Companies in Retail sale of motor vehicles
Companies in Lier
All Norway companies
Revenue
NOK millions
0M
3M
5M
8M
10M
2M
2023
9M
2024
9M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
1M
2024
1M
2025
Income statement
NOK thousands
Item
2023
2024
2025
Revenue
2 160
9 488
8 848
Staff expenses
−0
−597
−611
EBITDA
338
1 300
798
Depreciation & amort.
−25
−87
−81
EBIT
313
1 213
718
Net financials
0
−27
30
Profit before tax
313
1 187
748
Tax
69
263
166
Net profit
244
924
582
Balance sheet
NOK thousands
Item
2023
2024
2025
Total assets
1 060
2 187
2 516
Equity
274
1 198
1 780
Long-term debt
1
5
22
Short-term debt
785
985
714
Total debt
786
990
736
Financial ratios
5-year trend
EBITDA margin
9.0%
This company
15.8%
Market median
-43% vs market
2023
2025
Equity ratio
70.7%
This company
38.2%
Market median
+85% vs market
2023
2025
Return on equity
32.7%
This company
18.4%
Market median
+78% vs market
2023
2025
Net profit margin
6.6%
This company
8.1%
Market median
-19% vs market
2023
2025
Asset turnover
3.52×
This company
1.12×
Market median
+214% vs market
2023
2025
Debt / equity
0.41×
This company
0.62×
Market median
+34% vs market
2023
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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
JB
Jonas Bakken
Chief Executive Officer
Chief Executive Officer
2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
MØ
Maren Østengen
Chairman
2023
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of X MOTOR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jonas Bakken
Chief Executive Officer
0 companies
Maren Østengen
Chairman
0 companies