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MOTOR & GEAR AS
AS
Active
Org 935283558
Granegården 13, 3735 Skien
Retail sale of motor vehicle parts and accessories · NACE 4782
Est. 1984
3 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 10,7M
+4% vs 2023
EBITDA margin
-3.4%
-11% vs 2023
Equity ratio
-27.4%
Financial strength
Net profit 2024
NOK -598K
-31% vs 2023
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2020
1M
+100%
2021
1M
0%
2022
0M
-100%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 10,7M
+4%
EBITDA
NOK -361K
-11%
Net profit
NOK -598K
-31%
Total assets
NOK 2,4M
-24%
Equity
NOK -646K
-85%
Employees
3
—
Company information
Legal name
MOTOR & GEAR AS
Org number
935283558
Legal form
Aksjeselskap
NACE code
4782 · Retail sale of motor vehicle parts and accessories
Founded
2. januar 1984
Share capital
NOK 400 000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Contact
Address
Granegården 13, 3735 Skien
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Explore
Companies in Retail sale of motor vehicle parts and accessories
Companies in Skien
All Norway companies
Revenue
NOK millions
0M
4M
7M
11M
15M
10M
2020
13M
2021
11M
2022
10M
2023
11M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
1M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
9 549
13 087
11 235
10 247
10 702
Staff expenses
−1 114
−1 323
−1 282
−1 350
−1 481
EBITDA
125
635
685
−327
−361
Depreciation & amort.
−15
−15
−13
−31
−53
EBIT
110
620
672
−358
−415
Net financials
−92
−45
−57
−98
−183
Profit before tax
18
575
614
−456
−598
Tax
67
125
130
−0
−0
Net profit
−49
451
484
−456
−598
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 261
2 311
2 844
3 102
2 356
Equity
105
114
107
−348
−646
Long-term debt
0
0
0
662
460
Short-term debt
1 155
2 198
2 737
2 789
2 542
Total debt
1 155
2 198
2 737
3 451
3 003
Financial ratios
5-year trend
EBITDA margin
-3.4%
This company
15.8%
Market median
-122% vs market
2020
2024
Equity ratio
-27.4%
This company
38.2%
Market median
-172% vs market
2020
2024
Return on equity
-59776400.0%
This company
18.4%
Market median
-324871839% vs market
2020
2024
Net profit margin
-5.6%
This company
8.1%
Market median
-169% vs market
2020
2024
Asset turnover
4.54×
This company
1.12×
Market median
+305% vs market
2020
2024
Debt / equity
4.65×
This company
0.62×
Market median
-650% 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)
MG
Morten Galteland
Chief Executive Officer
Chief Executive Officer
2016
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
SH
Simon Hansen
Board of Directors
2018
IV
Inge Vikesdal
Chairman
2018
TK
Thomas Kasin
Board of Directors
2018
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
M&G Holding As
Company
100%
100%
2024
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Company hierarchy
M&G Holding As
MOTOR & GEAR AS
(this company)
Board network connections
Board members of MOTOR & GEAR AS also hold positions in
0
other companies.
Person
Role here
Other companies
Morten Galteland
Chief Executive Officer
0 companies
Simon Hansen
Board of Directors
0 companies
Inge Vikesdal
Chairman
0 companies
Thomas Kasin
Board of Directors
0 companies