Loading company…
Riskpilot
← Back to search
Sign in
Get full access
ELSETH MASKIN AS
AS
Active
Org 931976311
Sannivegen 22, 3711 Skien
Rental and leasing of construction and civil engineering machinery and equipment · NACE 7732
Est. 1978
1 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 7,5M
-6% vs 2023
EBITDA margin
12.2%
-27% vs 2023
Equity ratio
34.0%
Financial strength
Net profit 2024
NOK 462K
-37% vs 2023
EBITDA — year on year
NOK millions
5M
4M
3M
1M
0M
4M
2020
1M
-75%
2021
0M
-100%
2022
1M
+100%
2023
1M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 7,5M
-6%
EBITDA
NOK 915K
-27%
Net profit
NOK 462K
-37%
Total assets
NOK 4,7M
-10%
Equity
NOK 1,6M
+40%
Employees
1
—
Company information
Legal name
ELSETH MASKIN AS
Org number
931976311
Legal form
Aksjeselskap
NACE code
7732 · Rental and leasing of construction and civil engineering machinery and equipment
Founded
29. desember 1978
Share capital
NOK 100 000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Entreprenørvirksomhet, utleie av maskiner og utstyr, samt hva hermed står i forbindelse.
Contact
Address
Sannivegen 22, 3711 Skien
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Rental and leasing of construction and civil engineering machinery and equipment
Companies in Skien
All Norway companies
Revenue
NOK millions
0M
3M
6M
9M
12M
10M
2020
5M
2021
6M
2022
8M
2023
7M
2024
EBITDA
NOK millions
0M
1M
2M
3M
5M
4M
2020
1M
2021
0M
2022
1M
2023
1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
9 659
4 588
5 686
7 962
7 496
Staff expenses
−1 415
−3
−0
−0
−139
EBITDA
3 889
636
45
1 258
915
Depreciation & amort.
−30
−79
−157
−195
−213
EBIT
3 859
557
−112
1 063
701
Net financials
−2
−34
−75
−114
−105
Profit before tax
3 857
523
−187
949
596
Tax
848
115
−41
211
134
Net profit
3 008
408
−146
738
462
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
2 040
3 297
3 718
5 278
4 744
Equity
151
559
414
1 151
1 614
Long-term debt
1 090
1 303
1 082
846
637
Short-term debt
799
1 435
2 222
3 280
2 493
Total debt
1 889
2 738
3 304
4 126
3 130
Financial ratios
5-year trend
EBITDA margin
12.2%
This company
15.8%
Market median
-23% vs market
2020
2024
Equity ratio
34.0%
This company
38.2%
Market median
+11% vs market
2020
2024
Return on equity
28.7%
This company
18.4%
Market median
+56% vs market
2020
2024
Net profit margin
6.2%
This company
8.1%
Market median
-23% vs market
2020
2024
Asset turnover
1.58×
This company
1.12×
Market median
+41% vs market
2020
2024
Debt / equity
1.94×
This company
0.62×
Market median
-213% 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 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
BS
Benjamin Steen-Hansen
Chief Executive Officer
Chief Executive Officer
2021
Former (1)
BS
Benjamin Steen Hansen
Chief Executive Officer
Chief Executive Officer
2021 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TS
Trond-Vidar Steen-Hansen
Board of Directors
2021
RS
Richard Steen-Hansen
Chairman
2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Myrvold As
Company
40%
40%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Myrvold As
ELSETH MASKIN AS
(this company)
Board network connections
Board members of ELSETH MASKIN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Benjamin Steen-Hansen
Chief Executive Officer
0 companies
Benjamin Steen Hansen
Chief Executive Officer
0 companies
Trond-Vidar Steen-Hansen
Board of Directors
0 companies
Richard Steen-Hansen
Chairman
0 companies